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The World in Brief from The Economist

America reports strong jobs figures; Iran hits two American fighter jets, and more

The World in Brief from The Economist

The Economist

News, Daily News, News & Politics, Global News

4.11.2K Ratings

🗓️ 4 April 2026

⏱️ 6 minutes

🧾️ Download transcript

Summary

The Trump administration said it would ask for a significant rise in defence spending in its budget request to Congress for the 2027 fiscal year

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Transcript

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0:00.0

The Economist

0:04.2

Hello, you're listening to the free edition of the world in brief from The Economist.

0:11.2

As a reminder, if you subscribe to The Economist, you'll get access to a deeper look at the day ahead, updated three times a day.

0:20.0

If you're already an Economist subscriber, visit

0:22.9

economist.com slash espresso or visit our Espresso app to start listening. Here's today's

0:29.4

free edition.

0:34.7

This is the world in brief from The Economist.

0:42.8

Our top stories.

0:45.6

Iran hit a second American plane, according to reports citing American officials.

0:51.9

The A-10 Wartog aircraft went down near the Strait of Hormuz,

0:56.8

his pilot was rescued safely. The incident reportedly happened around the same time that an F-15E

1:04.3

jet was shot over Iran, the first such downings since the war began. One crew member was rescued and another remains missing.

1:15.0

America's economy added 178,000 jobs in March, much more than expected.

1:21.9

The Bureau of Labor Statistics also revised down February's figure from a loss of 92,000 to one of 133,000, underscoring recent

1:32.6

volatility in the jobs market. Traders now expect the Federal Reserve to leave interest rates

1:39.1

unchanged this year as it assesses the efforts of the Iran War on inflation.

1:45.9

The Trump administration said it would ask for a significant rise in defense spending in its

1:51.5

budget request to Congress for the 2027 fiscal year.

1:56.0

The request includes $1.5 trillion in military funding, a rise of more than 40% compared with the

2:03.9

previous year. The administration said it would partly offset the increase with cuts of $73 billion

2:10.9

to non-military spending. Israel struck Beirut, Lebanon's capital.

2:24.6

The Israel Defence Forces hit what they said were Hisbola-linked sites in the city's southern suburbs,

...

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