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This is The World In Brief, from The Economist.

Our top stories.

Jerome Powell, Chairman of the Federal Reserve, suggested that the Central Bank will soon cut interest rates.

In a keenly awaited speech at the meeting of Central Bankers in Jackson Hall, Wyoming,

he said that, quote, time has come for policy to adjust.

The inflation rate is close to the Fed's 2% target.

Meanwhile data suggest that America's economy is slowing. Unemployment

jumped to 4.3% in July. The Fed's next monetary policy meeting is in September.

Norendra Modi, India's Prime Minister, travelled to Kyiv, Ukraine's capital, where he met the country's

president Valoramere Zelensky. Mr. Modi urged Ukraine to engage in peace talks

with Russia. He is the first Indian Prime Minister to visit the country.

Traditionally, India has been an ally of Russia.

Mr. Modi visited President Vladimir Putin in July

as Russia launched a missile barrage on Ukraine.

Russia's security service killed four prisoners

who attacked a penal colony's guards

...