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The World in Brief from The Economist

Israel vows to fight on; landmark deal at COP28, and more

The World in Brief from The Economist

The Economist

Global News, Daily News, News, News & Politics

4.11.2K Ratings

🗓️ 14 December 2023

⏱️ 6 minutes

🧾️ Download transcript

Summary

Israel’s foreign minister said the war in Gaza will continue “with or without international support”, despite the Israeli army’s suffering its worst day of casualties since October.

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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

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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 and Brief from The Economist.

0:37.0

Our top stories.

0:45.0

Israel's foreign minister said the war in Gaza will continue, quote,

0:51.0

with or without international support, despite the Israeli armies suffering

0:57.1

its worst day of casualties since October.

1:00.9

Earlier the UN General Assembly passed a resolution demanding an immediate humanitarian

1:06.8

ceasefire in Gaza.

1:09.1

More than 150 member states voted for the non-binding resolution, 10 including America voted against.

1:19.0

The Federal Reserve left its benchmark interest rate unchanged, acknowledging that inflation, quote,

1:26.0

has eased over the past year, but remains elevated.

1:30.0

The Fed last raised rates in July to a range of 5.25 to 5.5 the highest in 22 years.

1:39.0

Rate setters think that there will be three cuts next year.

1:44.0

The 198 countries at the COP28 summit

1:48.0

unanimously agreed to pass a landmark final agreement

1:52.0

that calls on nations to transition away from fossil fuels.

1:56.0

Although it falls short of suggesting they be phased out,

2:00.0

an earlier weaker draft agreement had said they should merely be limited,

...

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