Putin denies involvement in Prigozhin’s death; Powell’s hawkish speech; and more
The World in Brief from The Economist
The Economist
4.1 • 1.2K Ratings
🗓️ 26 August 2023
⏱️ 5 minutes
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| 0:00.0 | Hello, you're listening to the free edition of the World in Brief from the Economist. |
| 0:05.0 | 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. |
| 0:14.0 | If you're already an Economist subscriber, visit economist.com slash espresso or visit our espresso app to start listening. |
| 0:22.0 | Here's today's free edition. |
| 0:26.0 | This is the World in Brief from the Economist. |
| 0:37.0 | Our top stories. |
| 0:39.0 | Jerome Powell, chairman of the Federal Reserve, cautioned that inflation is still, quote, too high, |
| 0:46.0 | and said that the central bank would be prepared to raise interest rates again, quote, if appropriate. |
| 0:53.0 | During an eagerly awaited speech at the annual conference at Jackson Hole, Wyoming, Mr. Powell pledged to, quote, |
| 1:01.0 | proceed carefully, based on the available data. |
| 1:04.0 | The central bank has raised interest rates from near 0% in March 2022 to a range of between 5.25% and 5.5% in July. |
| 1:15.0 | But annual inflation was at 3.2% last month, well above the bank's 2% target. |
| 1:22.0 | Vladimir Putin, Russia's president, said it is a, quote, complete lie that Russia was behind the private jet crash on Wednesday |
| 1:31.0 | that killed the Evgeny Pregozion, head of the mercenary Wagner group that mutinied in June and nine others. |
| 1:38.0 | He earlier described Mr. Pregozion as a, quote, talented businessman who had made serious mistakes. |
| 1:46.0 | American officials are reportedly assessing potential causes of the crash. |
| 1:51.0 | Hartfig Fisher resigned as a director of the British Museum after a member of staff was sacked over a series of thefts. |
| 1:58.0 | He said that the museum had failed to, quote, comprehensively respond to warnings if first received in 2021. |
| 2:06.0 | Objects stating back as far as the 15th century BC, including jewelry and gems, were thought to be lost. |
| 2:14.0 | Niger's junta ordered France's ambassador to leave the country within 48 hours. |
| 2:20.0 | Niger's foreign ministry accused the envoy of ignoring a request to meet with the new foreign minister, |
| 2:27.0 | who was appointed after a coup ousted President Mohammed Bazoum on July 26. |
... |
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