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The World in Brief from The Economist

Trump’s warning at Davos; Ireland’s new PM, and more

The World in Brief from The Economist

The Economist

Global News, Daily News, News, News & Politics

4.11.2K Ratings

🗓️ 24 January 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Donald Trump offered international companies “among the lowest taxes of any nation” if they produce their goods in America—and warned that he would impose tariffs if they do not.

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.

0:35.3

This is the world in brief from The Economist.

0:42.2

Our top stories.

0:45.6

Donald Trump offered international companies, quote,

0:49.1

among the lowest taxes of any nation,

0:51.6

if they produce their goods in America and warned that he would impose

0:56.0

tariffs if they do not. In a remote address to the World Economic Forum, Mr. Trump also called

1:03.0

on Saudi Arabia and OPEC to bring down oil prices before demanding that the World Central

1:09.9

Banks then lower interest rates, quote, immediately.

1:15.7

Ireland's lawmakers elected Mihail Martin as Prime Minister after one day of deadlock. The

1:22.5

Centre-right Coalition government is bracing for trade tensions with America. Mr. Trump is threatening higher

1:30.0

corporate taxes and tariffs on Ireland, which hosts several multinational companies. Mr. Martin,

1:37.2

who returns to office, has pledged to fend off the fallout to protect the country's economic

1:42.9

model.

1:45.3

A judge temporarily blocked Mr. Trump's effort to end birthright citizenship, a practice

1:51.3

guaranteed in America by the 14th Amendment.

1:55.1

The judge, agreeing with the four Democratic-led states that brought the legal challenge,

2:00.5

called Mr. Trump's executive order blatantly

...

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