Hello and welcome to the intelligence from The Economist.

I'm your host, Jason Palmer.

Every weekday, we provide a fresh perspective on the events shaping your world.

If you're the autocratic leader of a middling-sized country, the world has changed a lot as America has disengaged from the world stage.

Despots can collude a little better, stay in power longer, and even simply snub the now-absent world policeman.

And a lot of languages simply don't have a word for blue, or have just one word for both blue and green.

Call it grue.

Some clever research has now looked into how the natural world seems to have shaped these grew languages.

First up, though,

across big economies, prices are rising.

By the inflation, the time with 4.5% of the... I think you've always got to watch inflation, the numbers.

And it's going to do you. I think you've always got to watch inflation, the numbers today.

And it's going to do not solution the alza of the prices.

From Britain to Germany, Canada to Australia,

inflation is reaching levels not seen in decades.

But it's particularly bad in the world's largest economy, America's.

The personal consumption expenditures, a price index that officials will publish today, will only put numbers to what American consumers already know. Prices are up

sharply. The index is expected to have increased by 4% over the past year, its highest level in three

decades. Today we're launching a major effort to moderate the price of oil.

In one quick fix announced yesterday, President Joe Biden said America would release oil from its national reserve.

An effort that will span the globe in its reach and ultimately reach your corner gas station, God willing.

China, Japan, India, South Korea, and Britain all followed suit.

...