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The World in Brief from The Economist

Xi hails “unstoppable” China at military parade; bond markets rally, and more

The World in Brief from The Economist

The Economist

Daily News, Global News, News, News & Politics

4.11.2K Ratings

🗓️ 4 September 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Twenty-six heads of state joined Xi Jinping to watch a military parade in Beijing.

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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,

0:22.6

visit 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.

0:42.3

Our top stories.

0:45.0

26 heads of state joined Xi Jinping to watch a military parade in Beijing.

0:51.0

They included many autocrats, including from Russia and North Korea, but no leaders of big

0:57.0

Western democracies.

0:59.1

Beforehand, Mr. Xi said mankind faced a choice between peace and war and called China

1:05.8

unstoppable.

1:07.4

Donald Trump told China's leader to, quote, give my warmest regards to Vladimir Putin and Kim Jong-un as you conspire against the United States.

1:19.7

Bond markets began recovering from a global sell-off following a weak jobs opening report in America.

1:27.9

Investors are betting that the Federal Reserve will cut interest rates.

1:32.4

America's 30-year Treasury yield fell after briefly rising above 5% earlier on Wednesday,

1:39.6

and the yield on Britain's 30-year guilt fell back to 5.6% after hitting its highest level in nearly three decades.

1:49.7

At least 15 people were killed and 18 injured after a finicular derailed in Lisbon.

1:55.9

The streetcar, the Ascensor de Gloria, opened in 1885 and is popular with tourists in the Portuguese capital.

2:05.7

Portugal's government, calling the incident a tragic accident, said it would conduct a full investigation after the rescue operation concludes.

2:16.5

Donald Trump once again called for Hamas to release all the Israeli

2:21.3

hostages held in Gaza. If they do, things will change rapidly, he wrote on his social media

...

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