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The World in Brief from The Economist

Russia’s investigation into Prigozhin’s death; Country Garden reports record losses, and more

The World in Brief from The Economist

The Economist

News, Daily News, News & Politics, Global News

4.11.2K Ratings

🗓️ 31 August 2023

⏱️ 5 minutes

🧾️ Download transcript

Summary

The Kremlin said a Russian investigation into the plane crash that killed Yevgeny Prigozhin, the boss of the Wagner Group, a mercenary outfit, and nine others last week would consider the possibility that it was downed deliberately.

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Transcript

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0:00.0

Hello! You're listening to the free edition of the World in Brief from the Economist.

0:04.9

As a reminder, if you subscribe to the Economist, you'll get access to a deeper look at the day ahead,

0:10.4

updated three times a day. If you're already an Economist subscriber, visit economist.com slash

0:16.2

espresso, or visit our espresso app to start listening. Here's today's free edition.

0:21.2

This is The World in Brief from the Economist.

0:34.4

Our top stories. The Kremlin said a Russian investigation into the plane crash that

0:40.7

killed Yevgeny Progozhyn, the boss of the Wagner group, a mercenary outfit, and nine others

0:45.5

last week, would consider the possibility that it was downed deliberately. It is the first time

0:50.9

the Kremlin has referred to assassination as a potential cause. This spokesperson said there

0:55.8

would be no question of an international investigation. Meanwhile, Russia accused Ukraine of launching

1:01.4

strikes on targets in six Russian regions, in what appears to be the biggest aerial assault on

1:06.6

Russian territory since the war began. Country Garden, one of the world's largest homebuilders,

1:13.9

posted a record loss of $51.5 billion yuan, or $7 billion in the first six months of 2023,

1:21.4

warning that it could default on its debt. The beleaguered Chinese developer missed $22.5 million

1:27.6

in coupon payments on August 6. China's property sector is in crisis. Sales among the 100

1:33.9

biggest developers fell by 33% in July, compared with a year earlier.

1:38.7

Hurricane Italia made landfall, slamming into Florida and moving on to southeast Georgia.

1:46.4

Those two states, plus North Carolina and South Carolina, have declared states of emergency.

1:51.7

Ron DeSantis, Florida's governor, deployed the National Guard and asked residents in low-lying

1:56.8

areas to evacuate. A 100-year-old oak tree fell on Mr. DeSantis' own house, the governor's mention.

2:03.6

Switzerland unveiled proposals to tighten its money-laundering laws as it seeks to shake off

2:11.7

international criticism for its alleged role in facilitating sanctions evasion and other financial

...

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