Category Archive: 5) Global Macro

Trailer: The Modi Raj

Narendra Modi may well be the most popular politician on the planet. India’s prime minister is eyeing a third term atop the world’s biggest democracy. A tea-seller’s son, Mr Modi began life an outsider and the man behind the political phenomenon remains hard to fathom. India has become an economic powerhouse during his ten years in charge. But he’s also the frontman for a chauvinistic Hindu nationalist dogma. Can Mr Modi continue to balance...

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The Intelligence: Rishi Sunak’s report card

Ahead of a general election (https://www.economist.com/leaders/2024/05/22/rishi-sunaks-election-call-makes-no-sense-but-is-good-news?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners) in July, we reflect on 14 years of Conservative rule. It’s not a great record, but will the prime minister be able to spin it on the...

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NATO’s boss wants to free Ukraine to strike inside Russia

NATO’s secretary-general, Jens Stoltenberg, has called on allies to lift restrictions on Ukraine’s use of NATO weapons inside Russian territory. Speaking to The Economist’s editor-in-chief, Zanny Minton Beddoes, Stoltenberg discussed in detail how the alliance can deal with the multiple threats Russia poses to global security—and prepare for a second Trump presidency.

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Financial Forecast 2025-2032: Please Don’t Be Naive

Rather than attempt to evade Caesar's reach, a better strategy might be to 'go gray': blend in, appear average. Let's start by stipulating that I don't "like" this forecast. I'm not "talking my book" (for example, promoting nuclear power because I own shares in a uranium mine) or issuing this forecast because I favor it.

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Weekly Market Pulse: Are Higher Interest Rates Good For The Economy?

Interest rates surged last week on the back of a hotter-than-expected inflation report that wasn’t actually that bad (see below). Not that my – or your – opinion about these things matters all that much to the market.

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Sound Money Vs. Fiat Currency: Trade and Credit Are the Wild Cards

We need to start thinking outside the current system, which has no solutions.

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Global Recession’s Winners and Losers

The few winners of global recession will use the decline as a means to break the chokehold of unproductive BAU elites.

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Who is “Europe’s last dictator”?

Four years ago Belarus’s dictator, Alexander Lukashenko, stole a presidential election. Belarusians have just voted again, in parliamentary and local polls. This time there was little chance of a repeat of the protests that followed the rigged vote in 2020. How has Mr Lukashenko tightened his grip? 00:00 - Why Lukashenko is called “Europe’s last dictator” 00:57 - How Lukashenko came to power 01:29 - Why Lukashenko is dependent on Putin Sign up to...

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Rates, Risk and Debt: The Unavoidable Reckoning Ahead

Policy errors have consequences, and we're only in the first inning of those consequences.

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How the Economy Changed: There’s No Bargains Left Anywhere

What changed in the economy is now nobody can afford to get by on working-class wages because there's no longer any bargains.

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Alexei Navalny, in his own words

The Economist interviewed Alexei Navalny, who has reportedly died in an Arctic penal colony, in the run-up to Russia’s 2018 presidential election. He discussed the breadth of his political support, his experiences in prison and offered some predictions for the future of Vladimir Putin’s Russia. 00:16 - The death of Navalny 00:41 - Navalny in prison 02:00 - Putin’s goals Sign up to The Economist’s daily newsletter: https://econ.st/3QAawvI Alexei...

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The life of Alexei Navalny

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

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?

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?

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

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

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?

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?

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

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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