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The World in Brief from The Economist

Starmer vows to fight on; Warsh confirmed to Fed board, and more

The World in Brief from The Economist

The Economist

Global News, Daily News, News, News & Politics

4.11.2K Ratings

🗓️ 13 May 2026

⏱️ 6 minutes

🧾️ Download transcript

Summary

Four ministers resigned from Sir Keir Starmer’s government as pressure mounts on him to stand down as Britain’s prime minister.

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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.

0:11.2

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.

0:20.1

If you're already an Economist subscriber, visit

0:22.9

economist.com slash espresso or visit our espresso app to start listening. Here's today's

0:29.5

free edition.

0:35.2

This is the world in brief from The Economist.

0:41.3

Our top stories.

0:44.3

Four ministers resigned from Sequea Starmer's government,

0:47.9

as pressure mounts on him to stand down as Britain's prime minister.

0:52.6

Over 80 Labour MPs have called for his resignation after last

0:57.1

week's local election disaster. But the party is split. More than 100 MPs signed a letter saying

1:04.7

this is, quote, no time for a leadership contest. Sequea has vowed to remain.

1:12.6

America's Senate confirmed Kevin Walsh to the Federal Reserve's Board of Governors,

1:18.1

clearing the way for a vote on his nomination for chair this week.

1:23.0

He will face the difficult task of containing inflation while resisting Donald Trump's demands for lower

1:29.5

interest rates. Consumer prices rose by 3.8% year-on-year in April, the fastest pace in three years

1:38.0

as the war in Iran drove up energy costs. Mr. Trump suggested he would not prioritize discussing Iran with Xi Jinping as he

1:49.4

departed for Beijing ahead of a highly anticipated meeting with China's president.

1:55.9

Earlier, Pete Hegseth, America's war secretary, insisted that the ceasefire with Iran remains intact, even

2:03.4

as he hinted at plans to re-escalate the war if necessary. The war has cost America $29 billion

2:10.8

so far, according to the Pentagon. Sam Altman took the stand to refute allegations that he broke a vow to keep open AI a non-profit.

2:23.3

A lawsuit brought by Elon Musk, who founded the AI lab alongside Mr. Altman, over a decade ago,

...

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