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The World in Brief from The Economist

Fed “not in a hurry” to cut rates; Trump asks Iran to negotiate nuclear deal, and more

The World in Brief from The Economist

The Economist

Global News, Daily News, News, News & Politics

4.11.2K Ratings

🗓️ 8 March 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

Donald Tusk, Poland’s prime minister, said the country will expand its army to 500,000 troops and provide military training to all adult men

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.

0:34.6

This is the World and brief from The Economist.

0:42.7

Our top stories.

0:46.4

Jerome Powell, chairman of the Federal Reserve, said America's economy was, quote, in good shape,

0:53.6

despite, quote, elevated uncertainty.

0:57.3

He added that officials, quote, do not need to be in a hurry to cut interest rates.

1:03.4

On Friday, official data showed America's economy added 151,000 jobs in February, missing forecasts of 160,000.

1:13.9

The unemployment rate rose by 4% to 4.1%.

1:18.3

The SMP 500 index ended the week down by 3.1%.

1:23.6

It's worse run since early September.

1:28.0

Donald Trump said he had written to Aetola Ali Harmony, Iran's supreme leader, about negotiating a nuclear deal.

1:37.4

During the first term, America's president abandoned a nuclear pact with Iran, which he said was too generous, yet he failed to secure

1:45.8

a stricter agreement. Earlier, Mr. Trump said he was, quote, strongly considering sanctions

1:52.1

and tariffs on Russia until it makes peace with Ukraine.

1:57.5

Donald Tusk, Poland's prime minister, said the country will expand its army to 500,000 troops

2:04.2

and provide military training to all adult men. He said the country was in, quote, serious talks

2:11.0

with France about using its nuclear capabilities to defend Poland and warned that Russia is

...

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