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The World in Brief from The Economist

Netanyahu defends war in Gaza; tech stock sell-off, and more

The World in Brief from The Economist

The Economist

News, Daily News, News & Politics, Global News

4.11.2K Ratings

🗓️ 25 July 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

In a nearly hour-long speech to America’s Congress, Binyamin Netanyahu, Israel’s prime minister, forcefully defended his country’s war in Gaza.

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

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. In a nearly hour-long speech to America's Congress, Benjamin Netanyahu,

0:51.5

Israel's Prime Minister forcefully defended his country's war in Gaza.

0:56.9

He blamed Hamas for denying Palestinians food aid.

1:00.3

In fact, Israel is also responsible.

1:03.0

Rejected allegations that Israel had targeted civilians

1:06.5

and sketched out a post-war vision that did not include a Palestinian state.

1:11.7

He also thanked President Joe Biden and Donald Trump for

1:15.5

their support of Israel and told lawmakers that quote, our enemies are your

1:20.7

enemies and our victory will be your victory.

1:24.0

Republicans in the chamber reacted enthusiastically.

1:28.0

Schools of Democrats boycotted the speech.

1:32.0

The Nasdak and the S&P 500 two American stock market indices

1:37.2

recorded their worst daily percentage declines since 2022 as investors sold off tech stocks after disappointing second-quarter earnings.

1:47.0

Tesla's shares fell by over 12% on Wednesday.

1:51.0

On Tuesday the electric vehicle firm reported net income of 1.5 billion dollars

1:56.2

a 45% drop year on year missing analysts expectations. Alphabet's advertising revenue from YouTube also underperformed estimates.

...

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