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The World in Brief from The Economist

Draghi’s plans for the EU’s economy; Germany to impose border controls, and more

The World in Brief from The Economist

The Economist

Daily News, Global News, News, News & Politics

4.11.2K Ratings

🗓️ 10 September 2024

⏱️ 5 minutes

🧾️ Download transcript

Summary

In a keenly awaited report Mario Draghi, former head of the European Central Bank, proposed a set of policies to make the European Union more competitive.

Transcript

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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

In a keenly awaited report, Mario Draghi,

0:50.0

former head of the European Central Bank, proposed a set of policies to make the European Union more competitive.

0:58.0

He called for common borrowing in the EU, a joint plan for decarbonisation and more aggressive trade policies to reduce the

1:06.2

bloc's dependence on America and China.

1:10.0

The report also proposes measures to boost the tech sector, such as making it easier for researchers

1:16.4

to commercialise ideas.

1:18.5

Mr Draggy outlined his plan in a guest essay for the economist.

1:24.8

Germany will extend temporary controls to all of its land borders in an effort to

1:30.5

crack down on illegal migration. The restrictions will be in effect for six months

1:36.4

starting next week. The country is a member of the visa-free Schengen area, yet has imposed restrictions on its border with Austria since 2015 and

1:47.1

with Czech Republic, Poland and Switzerland since last year. The EU said that it had credible information that Iran has

1:57.2

supplied Russia with ballistic missiles to use against targets in Ukraine.

2:02.0

The blog said that if the deliveries were

2:05.0

confirmed it would impose more sanctions on Iran. Iran has already sent drones

2:10.3

ammunition and artillery shells to Russia, which has recently stepped up its attacks on

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