meta_pixel
Tapesearch Logo
Log in
The World in Brief from The Economist

America and China talk trade; Biden reveals first drugs up for price-negotiation, and more

The World in Brief from The Economist

The Economist

News, Daily News, News & Politics, Global News

4.11.2K Ratings

🗓️ 30 August 2023

⏱️ 5 minutes

🧾️ Download transcript

Summary

America’s commerce secretary, Gina Raimondo, met China’s premier, Li Qiang, during a visit aimed at improving waning trade and lacklustre co-operation between the two countries.

Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello! You're listening to the free edition of the World in Brief from the Economist.

0:04.9

As a reminder, if you subscribe to the Economist, you'll get access to a deeper look at the day ahead,

0:10.4

updated three times a day. If you're already an Economist subscriber, visit economist.com slash

0:16.2

espresso, or visit our espresso app to start listening. Here's today's free edition.

0:21.2

This is The World in Brief from the Economist.

0:34.3

Our top stories.

0:37.5

America's Commerce Secretary Gina Romando met China's premier Li Chiang

0:41.9

during a visit aimed at improving waning trade and lackluster cooperation between the two countries.

0:47.6

Miss Romando said that America wants to work with China on issues including climate change

0:52.5

and artificial intelligence. On Monday, Miss Romando insisted that trade in less sensitive

0:57.8

industries could be boosted without making compromises on national security concerns which

1:02.9

have led both sides to impose restrictions. Joe Biden identified the first 10 prescription

1:10.4

drugs that will be subject to price negotiations between Medicare, government-funded health insurance

1:15.2

for Americans aged 65 or older, and pharmaceutical companies. The list includes blood thinners and

1:21.4

diabetes drugs. Under the Inflation Reduction Act, the negotiated prices, in effect, set by officials,

1:27.6

will take effect in 2026. Mr. Biden said that up to 9 million people will benefit from the reductions.

1:35.8

Yavgeni Pregozion, the Wagner boss who died last week in a suspicious plane crash, was buried

1:40.8

in a private cemetery in St. Petersburg according to his press team. The Kremlin earlier said that

1:46.0

President Vladimir Putin would not attend. In June, Mr. Pregozion launched a mutiny against the

1:51.6

Russian army. Valeriy Chekolov, Wagner's logistics chief, was also buried on Tuesday.

1:59.2

Ahmed Ataf, Algeria's foreign minister, proposed a six-month plan for Niger to transition back to

2:04.9

democracy. Niger's ruling Junto, which seized power on July 26, apparently favors a three-year

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Economist, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Economist and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.