A pounder of a quarter: American banks report
Economist Podcasts
The Economist
4.3 • 5K Ratings
🗓️ 16 July 2021
⏱️ 26 minutes
🧾️ Download transcript
Summary
Bank bosses are jubilant: revenues were down but profits way up. We look at the pandemic-driven reasons behind the windfall, and ask how long their influence may last. A thicket of conflicting laws is complicating Jamaica’s plans to enter the wider medical-marijuana market. And our critic reports from a slimmed-down Cannes film festival.
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| 0:00.0 | That there is a great night's sleep. |
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| 1:01.1 | Hello and welcome to the intelligence from The Economist. |
| 1:04.5 | I'm your host, Jason Palmer. |
| 1:06.6 | Every weekday, we provide a fresh perspective on the events shaping your world. |
| 1:14.8 | In Jamaica, it's hard to stay on the right side of the law when it comes to marijuana. |
| 1:20.6 | Bob Marley's family is selling it in a joint venture. |
| 1:24.3 | Elsewhere, police are burning down acres of the stuff. |
| 1:29.5 | Therapeutic, sacramental, |
| 1:36.6 | recreational, it's all a bit hazy. And our correspondent is at the Cannes Film Festival, |
| 1:43.6 | back this year after a pandemic hiatus. The festival vibe is there, mostly, but the legendary cues are gone. |
| 1:44.9 | We get an inside track on the films to look out for. |
| 1:53.0 | First up, though. |
| 1:58.5 | That change in the air this week, it was the passing of earnings season for American banks. |
... |
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