4.4 • 4.9K Ratings
🗓️ 16 March 2020
⏱️ 21 minutes
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0:00.0 | Hello and welcome to the Intelligence on Economist Radio. I'm your host, Jason Palmer. |
0:09.4 | Every weekday we provide a fresh perspective on the events shaping your world. |
0:17.8 | Divorce is still illegal in the Philippines, although a bill that's currently with the |
0:22.4 | Congress may change that. We ask why the country's politics and its politicians are so much |
0:28.3 | more socially conservative than the citizens seem to be. And the era of delivery by drone |
0:35.3 | is nearly upon us. But how will drones avoid the thieves and the mischief makers who will |
0:40.2 | try to down them? We look into some technology that may help keep drones and your delivery |
0:45.4 | safe. |
0:54.4 | But first, over the weekend global reactions to the COVID-19 pandemic led to more travel |
1:07.4 | restrictions, more border closings and more cancelled flights. Spain began a national |
1:13.0 | shutdown like the one in Italy. France shuttered all of its non-essential public buildings, |
1:18.1 | and today Germany will close its borders. |
1:25.1 | Rwanda, Morocco and Kenya, among other African countries, put tighter controls in place, |
1:30.4 | halting flights and closing schools and universities. America's ban on travelers from Europe to |
1:35.8 | cold, leading to chaos in American airports. Without a national plan in place, American |
1:41.9 | cities and states are enacting their own restrictions. New York's mayor, Bill de Blasio, |
1:46.8 | closed public schools. So this is a decision that I have taken with no joy whatsoever |
1:51.3 | with a lot of pain honestly because something I could not in a million years of imagine |
1:56.2 | having to do. But we are dealing with a challenge and a crisis that we have never seen in |
2:02.0 | our lifetimes and is only just begun. |
2:05.3 | The most decisive top-down move came from America's Federal Reserve, which cut interest rates |
2:10.4 | to near zero and promised to pump $700 billion into the economy. |
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