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The World in Brief from The Economist

Netanyahu dissolves war cabinet; London Stock Exchange rebounds, and more

The World in Brief from The Economist

The Economist

News, Daily News, News & Politics, Global News

4.11.2K Ratings

🗓️ 18 June 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

Binyamin Netanyahu, Israel’s prime minister, dissolved the country’s six-person war cabinet.

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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

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 and Brief from The Economist.

0:37.0

Our top stories.

0:45.0

Benjamin Netanyahu, Israel's Prime Minister, dissolved the country's six-person war cabinet.

0:52.0

The move, which was widely expected, came just

0:56.0

over a week after Benny Gantz, a centrist, resigned from Mr Netignahu's government.

1:02.1

It's a Mar Ben Gvere, a far-right security minister who wants Israel to escalate its operations

1:08.1

in Gaza and against Hezbollah, a Shia militia in Lebanon, had long demanded to join the war cabinet.

1:15.4

Mr Netanyahu will instead hold smaller in formal consultations with advisors.

1:21.2

The London Stock Exchange once again with advisors.

1:22.9

The London Stock Exchange once again became Europe's biggest equity market as political turmoil

1:29.1

in France spooked investors in Paris. The total value of companies listed on Britain's main exchange

1:36.9

reached almost 3.2 trillion dollars, according to Bloomberg. The LSC, long in decline, shrunk below the Paris Stock Exchange in November 2022,

1:48.2

following a disastrous economic shakeup under Liz Truss, the short-lived Conservative Prime Minister.

1:56.9

China opened an anti-dumping probe into pork imports from the EU, less than a week after the block hit China's carmakers with hefty tariffs.

2:07.9

China's Commerce Ministry said that an animal husbandry group formerly requested the investigation on June 6th.

2:16.2

Any retaliatory tariffs would affect Denmark, the Netherlands and particularly Spain,

2:22.4

which accounts for about a fifth of China's pork imports.

...

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