Hello and welcome to The Intelligence on Economist Radio. I'm your host, Jason Palmer.

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

There's a new entrant among the world's energy superpowers, America.

Thanks to plentiful oil from shale, it may even become a net exporter within a couple of years.

But getting the geopolitics of oil markets right will be trickier than getting the stuff out of the ground.

And happy Shemin Nasim.

The spring holiday is celebrated by just about everyone in Egypt, Muslims and Christians alike.

And it comes with an associated dish, a stinky fermented fish that has the potential to kill. First up, though, trade talks between America and China appear to be entering an end game.

Discussions between the two countries will resume this week after a tit-for-tat trade war that has cast a shadow over the world economy.

Detail on what's been discussed so far has been vague, but the mood music from both camps has been

positive. The Chinese have spoken of tangible progress. Steve Mnuchin, America's Treasury Secretary,

says the talks are in the final lapse. And President Donald Trump,

who last week suggested a visit from his counterpart Xi Jinping, could be on the cards,

has played up the significance of any agreement. It's a massive deal. It could be one of the,

I guess it is, if you think about it, the biggest deal ever made, there can't be a deal like this.

No matter where you look, there can't be a deal like this. This is, it is, if you think about it, the biggest deal ever made. There can't be a deal like this. No matter where you look, there can't be a deal like this. This is the granddaddy of them all. So this week, the American officials are going to Beijing. Simea Keynes is our U.S. economics editor. We've got Robert Lightheiser, who's the United States trade representative. he's going, and also Stephen Mnuchin,

who's the Treasury Secretary.

So both sides have been fairly tight-lipped about how things are coming along.

For as much as you know, how are things coming along?

Well, we've been hearing some positive noises coming out of the talks.

There was an email from the White House describing the content of

this week's discussions. And so they're going to cover trade issues including intellectual

...