Market turmoil continues; Google loses antitrust case, and more
The World in Brief from The Economist
The Economist
4.1 • 1.2K Ratings
🗓️ 6 August 2024
⏱️ 5 minutes
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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 | Economist. 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 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 in brief from The Economist. |
| 0:37.0 | Our top stories. |
| 0:44.0 | stories. |
| 0:45.0 | Global stock market slumped because of fears of a recession and concerns that hopes |
| 0:51.6 | for artificial intelligence have been |
| 0:53.7 | unrealistically high. America's Dale Jones, Industrial Average and |
| 0:59.1 | SMP 500 Index, suffered their sharpest declines in almost two years, falling by 2.6% |
| 1:07.0 | over 1,000 points and 3% respectively. |
| 1:11.0 | The stocks Europe 600 dropped by 2.2% at closing. |
| 1:17.0 | Topics, Japan's benchmark index plunged by 12%. |
| 1:22.0 | Demand for bonds is surging as investors look to pile into safer assets. |
| 1:29.0 | A judge in Washington, D.C. awarded America's Justice Department a victory over Google, ruling that the |
| 1:36.2 | tech giant violated antitrust laws to dominate online search. The judge agreed |
| 1:42.2 | that Google's actions, paying billions to Apple and other |
| 1:45.8 | companies to be the default search engine on their platforms, created a barrier to |
| 1:50.9 | entry for competitors. The case is one of several big antitrust suits |
| 1:56.2 | America's government has launched. |
... |
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