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The World in Brief from The Economist

Judge rejects subpoenas to Fed; America sends more marines to Middle East, and more

The World in Brief from The Economist

The Economist

Global News, Daily News, News, News & Politics

4.11.2K Ratings

🗓️ 14 March 2026

⏱️ 5 minutes

🧾️ Download transcript

Summary

The price of Brent crude, the global oil benchmark, rose above $103 a barrel, the highest amount in almost four years

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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.

0:34.7

This is the world in brief from The Economist.

0:42.6

Our top stories. America is reportedly sending more than 2,000 Marines and at least one

0:49.7

additional warship to the Middle East. Earlier, the Trump administration warned that Friday would be the,

0:56.6

quote, heaviest day of strikes in Iran. Pete Hetzeth, America's war secretary, claimed that Iran's

1:03.9

new leader had been wounded and was probably, quote, disfigured. A federal judge rejected subpoenas that America's Department of Justice served to the Federal Reserve over its criminal investigation into Jerome Powell.

1:20.0

The judge said the government had insufficient proof that the central bank's chair had committed a crime,

1:26.2

but that there was, quote, amount of evidence

1:29.0

that the probe is an attempt to, quote, pressure Mr Powell into lowering interest rates or

1:35.5

resigning. The price of Brent Crude, the global oil benchmark, rose above $103 a barrel,

1:43.1

the highest amount in almost four years.

1:46.4

Oil prices continue to rise despite Mr. Trump, temporarily lifting sanctions on Russian oil

1:53.0

in a bid to stabilize energy markets.

1:56.3

Meanwhile, stock markets slid.

1:58.5

The SMP 500 closed 0.6% lower, while the tech-heavy Nasdaq fell by nearly

2:04.8

1%. Cuba's government held talks with the Trump administration, according to the country's

2:11.7

president. Miguel Diaz-Cannell told a press conference that discussions were aimed at, quote, seeking solutions

...

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