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The World in Brief from The Economist

Israel agrees to Joe Biden’s ceasefire proposal; ANC loses its majority, and more

The World in Brief from The Economist

The Economist

Global News, Daily News, News, News & Politics

4.11.2K Ratings

🗓️ 3 June 2024

⏱️ 5 minutes

🧾️ Download transcript

Summary

An aide to Binyamin Netanyahu, Israel’s prime minister, confirmed on Sunday that the country had agreed to a plan to end its war in Gaza espoused by President Joe Biden, despite there still being a “lot of details to be worked out”.

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Transcript

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0:37.0

This is the World In Brief from the Economist, our top stories.

0:47.0

An A to Benjamin Netanyahu, Israel's Prime Minister, confirmed on Sunday that the country had agreed to a plan to end its war in Gaza, espoused by President Joe Biden, despite there still being a lot of details to be worked out.

1:04.0

The proposal includes a six-week pause in fighting,

1:07.1

the withdrawal of Israeli forces from populated areas of Gaza,

1:10.7

and the release of women and elderly Israeli hostages in exchange for

1:14.4

Palestinian prisoners. But two far-right Israeli ministers have threatened to

1:19.1

quit if the deal goes ahead, which would jeopardize Mr. Netagnaroos' governing coalition.

1:26.6

The African National Congress said that it would not replace Cyril Ramaposa, its leader

1:31.1

and South Africa's president, in order to form a coalition.

1:35.0

Having lost its parliamentary majority in its worst election performance in 30 years,

1:39.7

the ANC must now form a coalition with opposition parties in order to retain power.

1:45.3

With almost all ballots counted, the ANC received just 40% of the vote. Five years after its record-breaking initial public offering, the biggest ever,

1:57.1

Saudi Ramco, the state-owned oil Colossus, launched a secondary sale of shares.

2:02.5

It is seeking to raise some 12 billion dollars by selling a 0.64% stake,

2:08.0

with some of the shares reserve for retail investors.

...

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