Fed keeps rates steady; a ceasefire in Nagorno-Karabakh, and more
The World in Brief from The Economist
The Economist
4.1 • 1.2K Ratings
🗓️ 21 September 2023
⏱️ 5 minutes
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| 0:00.0 | Hello, you're listening to the free edition of the World in Brief from the Economist. |
| 0:05.0 | 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. |
| 0:14.0 | If you're already an Economist subscriber, visit economist.com slash espresso or visit our espresso app to start listening. |
| 0:22.0 | Here's today's free edition. |
| 0:26.0 | This is the World in Brief from the Economist. |
| 0:37.0 | Our top stories. |
| 0:40.0 | The Federal Reserve left its benchmark interest rate unchanged from its previous meeting in July. |
| 0:47.0 | The range of 5.25% to 5.5% is the highest in 22 years. |
| 0:54.0 | Rate setters now think that there will be one more hike this year, and they expect to hold rates steady through next year to combat inflation. |
| 1:05.0 | Thousands of protesters flocked to Yerevan, the capital of Armenia, and called for the resignation of Nicole Pashinion, the country's prime minister, over his perceived surrender of Nagorno-Karabakh. |
| 1:19.0 | Earlier a ceasefire took place in the besieged enclave, one day after at least 32 people were reportedly killed in Azerbaijan's offensive against Armenian separatists. |
| 1:31.0 | According to the agreement, the region's Armenian militia will disarm and disband. |
| 1:39.0 | In an address to the UN Security Council, Ukraine's president, Vladimir Zelensky, criticized Russia's permanent seat and veto. |
| 1:48.0 | He also proposed a peace summit. |
| 1:50.0 | It was the first time that Mr. Zelensky had attended the council in person, and his first time sharing a table with senior Russian officials since Russia invaded Ukraine. |
| 2:01.0 | Russia's foreign minister, Sergei Lavrov, is also expected to speak. |
| 2:07.0 | America's Senate prepared on Wednesday to individually confirm three army generals to roles on a presidential advisory council, maneuvering around a months-long obstruction by a Republican senator from Alabama. |
| 2:22.0 | Tommy Tuberville has refused to allow votes on military appointments in batches, as is standard over objections to the Pentagon's abortion policy. |
| 2:33.0 | The nominations of more than 300 officers have stalled as a result. |
| 2:39.0 | Rishisunak, Britain's prime minister, announced that he would weaken several measures intended to decarbonize the country. |
| 2:48.0 | The government will now delay a ban on buying new petrol and diesel cars by five years to 2035. |
| 2:55.0 | Households will now not be required when switching their boilers to replace them with heat pumps until 2035, either. |
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