Trump moves nuclear submarines; orders firing of labour-statistics chief, and more
The World in Brief from The Economist
The Economist
4.1 • 1.2K Ratings
🗓️ 2 August 2025
⏱️ 6 minutes
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| 0:00.0 | The Economist |
| 0:04.2 | 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. |
| 0:20.0 | 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 |
| 0:29.4 | free edition. |
| 0:34.9 | This is the world in brief from The Economist. |
| 0:42.9 | Our top stories. |
| 0:45.4 | Donald Trump said he would fire the head of America's Bureau of Labor Statistics, |
| 0:50.4 | Erica McIntarthur, after it published disappointing jobs data. |
| 0:55.3 | The agency's figures showed that America added just 73,000 jobs in July, far below expectations. |
| 1:03.1 | Hiring figures for May and June were also revised down by 258,000. |
| 1:09.5 | Mr Trump claimed without evidence that the figures had been manipulated for political |
| 1:14.4 | reasons. Mr. Trump said he ordered two nuclear submarines to be positioned in, quote, appropriate |
| 1:22.8 | regions in response to, quote, highly provocative statements made by Dmitri Medvediev, Russia's former president. |
| 1:32.1 | On Tuesday, Mr. Trump threatened Russia with tariffs if it did not reach a ceasefire with Ukraine within 10 days. |
| 1:39.5 | This week, Mr. Medvediev accused the American president of, quote, playing the ultimatum game with Russia. |
| 1:47.6 | Earlier, Mr. Trump unveiled new tariffs on more than 60 countries. Some exports from Canada |
| 1:54.3 | to America face a 35% levy from August 1st, the president's deadline for imposing his postponed, quote, reciprocal tariffs. |
| 2:04.3 | The Trump administration said that levies on other trading partners would take effect on August 7th. |
| 2:11.3 | India and Taiwan face rates of 25% and 20% respectively. |
| 2:16.7 | Global stock markets fell after the news. |
... |
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