America’s sticky inflation; EU approves migration pact, and more
The World in Brief from The Economist
The Economist
4.1 • 1.2K Ratings
🗓️ 11 April 2024
⏱️ 5 minutes
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| 0:00.0 | The Economist. |
| 0:04.3 | Hello, you're listening to the free edition of the world in brief from The |
| 0:09.9 | Economist. 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 Economist.com slash Espresso, |
| 0:25.5 | or visit our Espresso app to start listening. |
| 0:28.6 | Here's today's free edition. This is the world in brief from the economist. |
| 0:37.0 | Our top stories. |
| 0:45.0 | Consumer prices in America rose by 3.5% in the year to March, up from 3.2% in February. |
| 0:55.0 | The core rate, which excludes energy and food, increased by 0.4% month on month. |
| 1:02.0 | That was the third consecutive month that the figure was higher than expected. |
| 1:07.0 | Increases in the cost of gasoline and shelter, which includes rental costs, were the main factors pushing up prices. |
| 1:15.0 | The data reduced the likelihood that the Federal Reserve, America's Central Bank, |
| 1:20.0 | will slash rates in the summer. |
| 1:23.0 | The European Parliament voted in favour of a migration and asylum pact |
| 1:28.0 | that had been introduced for the first time a decade ago. |
| 1:32.0 | The reforms will speed up the process of applying for asylum |
| 1:36.7 | and require member states to share responsibility for those who do so. |
| 1:41.4 | Asylum applications to the EU rose by 18% year on year in |
| 1:46.3 | 2023 reaching the highest level since the migration crisis of 2015 to 16. |
| 1:54.0 | President Joe Biden announced a series of steps signaling closer security cooperation with Japan |
| 2:01.0 | during a state visit by Kishido Fumio, the Prime Minister. |
| 2:06.4 | Mr Biden said that America would create a joint air defence network with Japan and Australia |
... |
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