Category Archive: 5) Global Macro
Starming victory: Labour sweeps to power
Britain has elected a Labour government (https://www.economist.com/britain/2024/07/05/labours-landslide-victory-will-turn-politics-on-its-head) for the first time in 14 years. The party inherits a spattered legacy and a country that is often seen as a laughing stock internationally. We consider Sir Keir Starmer’s long to-do list: growing the economy, mending Britain’s reputation…and moving house within 24 hours...
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Meet Keir Starmer, Britain’s next prime minister
He will become Britain’s prime minister—but voters remain unsure what he stands for. So who is the real Sir Keir Starmer?
00:00 - Who is Keir Starmer?
00:39 - His life before politics
01:38 - His political rise
02:38 - His politics
#breakingnews #breaking
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What’s happening in Britain?: https://econ.st/4cLnm5l
Keir...
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1. 1968 – Born to be wild
The generation born in the 1940s grew up in a land of endless growth and possibility, ruled by a confident, moderate elite. But just as they were embarking on adult life, all that started to come apart. The economy faltered, and the post-war consensus came under pressure from two sides: from the radical right, who hated government moves on civil rights – and from the ‘New Left’, as boomers rebelled against their parents' generation and its war in...
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Leader of the package: Amazon turns 30
It has changed our lives and become one of the world’s most valuable companies. As Amazon turns 30 (https://www.economist.com/business/2024/07/01/what-next-for-amazon-as-it-turns-30?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), what comes next? Education is key to social mobility in India...
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Degree programme: stopping heat deaths
As heatwaves become more frequent (https://www.economist.com/leaders/2024/06/26/simple-steps-to-stop-people-dying-from-heatwaves) and intense, they exacerbate existing inequalities. The poor, sick and elderly are particularly vulnerable. How should governments respond? Universities depend on the high fees international students pay. Now Indian scholars are replacing...
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Rule and divide: Donald Trump is judged immune
The US Supreme Court has granted (https://www.economist.com/united-states/2024/07/01/donald-trump-wins-a-big-victory-at-the-supreme-court) the former President immunity from prosecution for official acts committed while in office. We ask what that means for future Presidents and the 2024 American election. Humanity is standing by while sea levels rise. Now scientists want to geo-engineer polar ice...
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Trailer: Boom! How a generation blew up American politics
Why are two old, unpopular men the main candidates for the world’s most demanding job? It’s the question John Prideaux, The Economist’s US editor, gets asked the most. And the answer lies in the peculiar politics of the baby boomers.
Since 1992, every American president bar one has been a white man born in the 1940s. That run looks likely to span 36 years - not far off the age of the median American. This cohort was born with aces in their...
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Bet noir: Macron’s electoral gamble backfires
Marine Le Pen’s far-right party made great gains in the first round of France’s parliamentary election (https://www.economist.com/europe/2024/06/30/a-crushing-blow-for-emmanuel-macrons-centrist-alliance). The left did too. We ask what this means for France and President Emmanuel Macron. Thailand will soon legalise same-sex marriage (https://www.economist.com/asia/2024/06/20/thailand-legalises-same-sex-marriage), but in other areas, democratic...
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The Weekend Intelligence: The state of Britain
On July 4th Britain will have a general election, one in which is widely expected to result in dramatic losses for the ruling Conservative party. If so, it would bring to an end 14 years of Tory rule. It’s been a turbulent period; the twin catastrophes of Brexit and Covid, set to the grinding and gloomy mood music of the 2008 financial crash. The Economist’s Andy Miller travels up and down the country, to the towns and cities shaped by these...
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Debate and switch? Biden’s stumble
America’s president had one primary task at last night’s debate: to close down speculation about his mental faculties. It went so poorly (https://www.economist.com/united-states/2024/06/28/joe-bidens-horrific-debate-performance-casts-his-entire-candidacy-into-doubt?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) his...
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Labour-saving: Britain’s probable next leader
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Pier pressure: a visit to Gaza’s aid platform
Our correspondents were the first media to see the American-built JLOTS pier, intended for aid deliveries into Gaza. Things have not at all gone to plan. After years of slipping, house prices are on the rise...
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Q3 Cyclical Outlook
Growth peaked on a quarter over quarter seasonally adjusted annual rate in Q3 last year at 4.9%. The preferred reading is on an annual basis where growth peaked in Q4 of last year at 3.13%. Growth in Q1 was 2.88% and growth in Q2 has risen some and is trending at right about 3%.
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"Why Are You So Negative?" Good Question. Here’s the Answer: Real Life
I think it's more productive to go with Plan B: set aside our emotions and reluctance and start doing the hard work of dealing with polycrisis.
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Spring a leaker: Assange goes free
As Julian Assange is released from prison our correspondent reflects on how the work of Wikileaks changed whistleblowing in the internet era, for good and for ill. Meanwhile Peter Navarro, Donald Trump’s trade hawk, remains behind bars—but is plotting for a second Trump term (09:25). And the social-media trend changing tinned fish from frumpy to foodie fare (18:33).
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Rocketing science: China’s newest superpower
After decades as a scientific also-ran, China is becoming a superpower (https://www.economist.com/leaders/2024/06/13/how-worrying-is-the-rapid-rise-of-chinese-science?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) particularly in the physical sciences. We examine the risks and opportunities that poses for the West. Our...
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Weekly Market Pulse: The Sober Spending Of Drunken Sailors
Any great power that spends more on debt service (interest payments on the national debt) than on defense will not stay great for very long. True of Habsburg Spain, true of ancien régime France, true of the Ottoman Empire, true of the British Empire, this law is about to be put to the test by the U.S. beginning this very year.
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Argentina turning? Milei’s surprising political success
Since his election last year, President Javier Milei has enjoyed some economic and political wins in Argentina. But his toughest fight (https://www.economist.com/leaders/2024/06/19/javier-mileis-next-move-could-make-his-presidency-or-break-it) is yet to come. On Britain’s general election trail, our correspondent found voters less keen on the prospect of a Labour victory than on punishing the Conservative party...
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Empire of the sun: a solar power revolution
No energy source has ever increased as fast as solar photovoltaics. The technology will transform humanity’s energy consumption–even when the sun doesn’t shine. Many people associate champagne with success but wine collectors often shun it. Now global sales are fizzing (10:51).
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French fried: will the election lead to chaos?
Both the left and right are likely to do well in France’s upcoming parliamentary poll, with President Emmanuel Macron’s party squeezed in the middle. The snap election could leave the country in chaos (https://www.economist.com/europe/2024/06/16/france-is-being-thrown-into-uncharted-territory). In America, recreational use of weed is now commonplace, but what impact does it have on users’ wellbeing...
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