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Economist Podcasts

Ibiza remix: Austria and the European fringe

Economist Podcasts

The Economist

News & Politics, News

4.35K Ratings

🗓️ 22 May 2019

⏱️ 21 minutes

🧾️ Download transcript

Summary

As a scandal involving Austria’s hard-right Freedom party causes the government to unravel, we examine the fringe parties of Europe and their chances in this week’s European election. As tech billionaires continue to indulge their obsession with space travel, we look at the sketchy economics of moving off-world. And, a stark warning for lovers of avocados: supply concerns make it a volatile brunch choice.

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Transcript

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0:00.0

Hello and welcome to the intelligence on Economist Radio.

0:07.5

I'm your host, Jason Palmer.

0:09.4

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

0:17.2

Tech billionaires have an unusual preoccupation with space travel.

0:21.6

Jeff Bezos, the boss of Amazon, recently spoke of housing millions of people in spinning space outposts.

0:27.6

Sounds expensive.

0:29.6

Just maybe, though, the resources beyond Earth will make it worthwhile.

0:33.6

After all, if there's one thing space has, it's space.

0:42.0

And a stark warning for American fans of the avocado.

0:43.8

Supply is tightening.

0:45.6

Price volatility is up.

0:51.7

The avocado-based brunches so famously beloved of millennials could be, well, toast.

0:57.0

But first... Just a few weeks ago, things were looking rosy for Austrian politician Heinz Christian Strache.

1:09.2

Mr. Strachas's hard-right freedom party had been ruling in a governing coalition, and he was the country's vice-chancellor.

1:18.9

At a campaign event for the upcoming European elections, he spoke from a beer tent about some of his favorite themes.

1:28.8

With a beer glass in front of him, he railed against immigration, saying it causes

1:33.0

massive development failures.

1:35.0

He said natives or ancestral people were becoming a minority in Austria that the country

1:39.8

did not want Islamization.

1:42.6

Now, his career has taken a nosedive.

1:45.4

He was seen in a video.

1:47.8

It was a sting.

...

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