Palestinian statehood rift, UK election gamble and Milei's spending cuts

Spain, Norway and Ireland band together to recognize a Palestinian state. British Prime Minister Rishi Sunak announces an election for July 4, with the Conservative Party hoping a drop in inflation will invigorate voters. And Argentinian president Javier Milei’s spending cuts take a toll. *This episode was corrected. An incorrect reference to the school shooting in Uvalde, Texas was removed. The shooting happened in an elementary school not a high school. Sign up for the Reuters Econ World newsletter here . Listen to the Reuters Econ World podcast here . Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices