Category Archive: 5) Global Macro

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The life of Alexei Navalny

2024-02-16

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Alexei Navalny, Russia’s most prominent opposition leader, has died in a penal colony near the Arctic Circle, according to the Russian prison service. Listen to this excerpt on Navalny’s life and career from our podcast series “Next Year in Moscow”. Original podcast: Producers: Sam Colbert, Pete Naughton, Ksenia Barakovskaya, Lika Kremer; Sound design: Weidong Lin; Original music: Darren Ng; Executive producer: John Shields. 00:00 - Alexei...

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Digital Service Dumpster Fires and Shadow Work

2024-02-14

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2024-02-14

One wonders what we're paying for via taxes, products and services, when we end up having to do so much of the work ourselves for nothing.

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Indonesia’s election: who is Prabowo Subianto?

2024-02-13

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Prabowo Subianto, the frontrunner in Indonesia's election, hides a dark past. He has been accused of war crimes, overseeing the abduction of democracy activists and falsely declaring victory in two elections. Who is Prabowo and what does this election mean for the most powerful nation in South-East Asia? 00:00 - Who is Prabowo? 00:41 - Prabowo’s attitude to democracy 01:23 - What does this election mean for Indonesia? Sign up to The Economist’s...

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Israeli-Palestinian conflict: Is there a path to peace?

2024-02-08

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Things look bleak in the Middle East after Binyamin Netanyahu scorned America’s push for an end to the fighting. But in private he’s said to be more flexible. Could diplomacy actually work? 00:00 - The Saudi normalisation deal 00:42 - Israel and Saudi Arabia’s history 01:10 - How to solve the Israeli-Palestinian conflict 02:26 - Will the deal happen? Sign up to The Economist’s daily newsletter: https://econ.st/3QAawvI To read more on the...

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Market Morsels: ISM and Recession

2024-02-07

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2024-02-07

The ISM manufacturing survey has been below 50 for 15 months in a row and sits today at 49.1. This survey, along with a lot of other manufacturing data and anecdotes, has been cited repeatedly by the economic bears as evidence we are heading for recession. That, of course, hasn’t happened and that is consistent with this indicator.

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Irony Alert: "Outlawing" Recession Has Made a Monster Recession Inevitable

2024-02-07

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2024-02-07

Those who came of age after 1982 have never experienced a real recession, and so they're unprepared for anything other than guarantees of rescue and permanent expansion.

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Is AI the future of movie-making?

2024-02-01

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What if text prompts enabled anyone to make a blockbuster movie, or even an entire box-set’s worth of TV? That is the promise of AI. This technology could one day prove as transformative to the movie business as sound, colour, or even the camera itself. Generative AI can already make videos in seconds which would normally take a visual-effects artist days to create. However it has yet to master photo-realistic video. The people at the forefront of...

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Why is crypto like a cockroach?

2024-01-25

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It’s really hard to kill cockroaches. Stamping on them, chopping off their head and even flushing them down the toilet won’t work. Much like cryptocurrency—an industry which, despite some recent setbacks, seems able to bounce back when you least expect it. 00:00 Why crypto is like cockroaches 00:25 Crypto is soaring 00:48 Why is crypto so hard to kill? Sign up to our weekly finance newsletter to keep up to date: https://econ.st/3P3zTG8 Listen...

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Sam Altman: there’s no “magic red button” to stop AI

2024-01-18

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Sam Altman, CEO of OpenAI, and Satya Nadella, CEO of Microsoft, speak to The Economist’s editor-in-chief, Zanny Minton Beddoes, about what the future of AI will really look like. 00:00 Sam Altman and Satya Nadella talk to The Economist 00:25 What’s next for ChatGPT? 1:33 How dangerous is AGI? 2:32 AI regulation Sign up to The Economist’s daily newsletter: https://econ.st/3QAawvI Read more of our AI coverage: https://econ.st/3O9fK2v Watch the...

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Sam Altman on AGI: people will freak out then move on

2024-01-18

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If artificial general intelligence is achieved, it will be able to outperform humans on most intellectual tasks. The Economist asks Sam Altman, the boss of OpenAI, how worried the world should be about AGI. Watch the full interview here: https://econ.st/3RUSgzm

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Altman: there’s no magic red button to stop AI

2024-01-17

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Sam Altman, chief executive of OpenAI, talks to The Economist’s Editor-in-chief, Zanny Minton Beddoes, about how he navigates the risks raised by artificial intelligence. Click here to view the full interview: https://econ.st/3RUSgzm

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Why America’s next war may begin on a small tourist island

2024-01-11

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Guam, an island in the northern Pacific, is just 48km long and has a population of about 170,000. So why is it so important to America’s strategy to defend Taiwan from a potential Chinese invasion? 00:00 - Where is Guam? 00:13 - Why is it so important? 01:00 - What makes it vulnerable? Sign up to The Economist’s daily newsletter: https://econ.st/3QAawvI Guam, where America’s next war may begin: https://econ.st/47lP9WN America is lavishing...

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Why is Ethiopia risking war for a port?

2024-01-09

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Ethiopia’s president, Abiy Ahmed, has signed a deal with Somaliland to get his landlocked country direct access to the sea. Abiy hails this as an act of diplomacy, but could it destabilise an already volatile part of the world? 00:00 - a new dispute in the Horn of Africa 01:00 - the historical context 01:29 - the implications of the new deal Sign up to The Economist’s daily newsletter: https://econ.st/3QAawvI Read more about the region:...

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What the Fed Accomplished: Distorted the Economy, Enriched the Rich and Crushed the Middle Class

2024-01-04

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2024-01-04

The mainstream holds the Fed is busy planning a return to the glory days of zero interest rates, but ZIRP is on the downside of the S-Curve; it's done, gone, history.

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How AI is generating a revolution in entertainment

2024-01-04

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A new wave of artificial intelligence is starting to transform the way the entertainment industry operates. Who will be the winners and losers? 01:07 AI is changing the music business 04:09 How big data revolutionised entertainment industries 05:20 Can AI predict a film’s success? 09:26 How generative AI is creating new opportunities 12:36 What are the risks of generative AI? Sign up to The Economist’s daily newsletter: https://econ.st/45PGz1H...

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President Zelensky’s goals for 2024

2024-01-02

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As 2024 begins President Volodymyr Zelensky speaks to The Economist’s Editor-in-chief, Zanny Minton Beddoes, about his political and military goals for the coming year and why he won’t compromise with Vladimir Putin. 00:00 - 2024 military goals 01:35 - Why he won’t negotiate A New Year’s interview with Volodymyr Zelensky: https://econ.st/48A4Nim Read our coverage from the war in Ukraine: https://econ.st/41MgGjc Sign up to The Economist’s...

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The most important elections to watch in 2024

2023-12-31

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More than half the people on the planet live in countries that will hold nationwide elections in 2024. In theory it should be a triumphant year for democracy. In practice it will be the opposite

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The World Ahead 2024: five stories to watch out for

2023-12-28

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What are the stories set to shape 2024? From the biggest election year in history, to how to control AI and even taxis that fly, The Economist offers its annual look at the world ahead. 00:00 - The World Ahead 2024 00:33 - Vital votes 03:34 - Taxis take off 07:10 - AI rules 10:19 - Industry cleans up? 13:48 - BRICS build Read more on The World Ahead 2024: https://www.economist.com/the-world-ahead-2024 Read Tom Standage’s editor’s note on The...

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Macro: GDP Q3 — Inflationary BOOM!

2023-12-22

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2023-12-22

Outside of the pandemic defined as 2020 and 2021, this past quarter was the 5th best quarter for nominal GDP in the last 25 years.

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Macro: Philly Fed Mfg Survey — Umm

2023-12-22

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2023-12-22

Tis was a poor number. The headline dropped from -5.9 to -10.5. The more eye popping number was the Index for New Orders which dropped from 1.3 to -25.6.

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