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The World in Brief from The Economist

Biden tests positive for covid; yen rallies after suspected intervention, and more

The World in Brief from The Economist

The Economist

Global News, Daily News, News, News & Politics

4.11.2K Ratings

🗓️ 18 July 2024

⏱️ 5 minutes

🧾️ Download transcript

Summary

President Joe Biden tested positive for covid-19 and cancelled a campaign event in Las Vegas.

Transcript

Click on a timestamp to play from that location

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.

0:44.0

Our top stories.

0:46.0

President Joe Biden tested positive for COVID-19 and cancelled a campaign event in Las Vegas.

0:53.4

The White House said that Mr Biden is experiencing mild symptoms

0:57.5

and will self isolate in Delaware.

1:00.3

Earlier Adam Schiff, an influential Democratic congressman from California who is running for a Senate seat,

1:07.0

became one of the party's highest profile politicians to call on the president to end his re-election bid.

1:14.0

Until then, the attempted assassination of Donald Trump

1:17.0

had muted the Democrats' efforts to oust Mr. Biden.

1:22.0

The Bank of Japan was widely suspected of Biden.

1:22.6

The Bank of Japan was widely suspected of intervening to support the yen when the currency rose

1:28.2

sharply after trading at a 38-year low against the American dollar.

1:33.6

The Jens erratic movements follow similar spikes on Thursday and Friday last week.

1:39.3

Data released by the BOJ suggested that it bought nearly 6 trillion yen

1:43.2

or 38 billion dollars across the two days in a bid to shore up the

1:48.7

currency's value.

...

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