Invaluable bonds: rising borrowing costs
The Intelligence from The Economist
The Economist
4.5 • 3.7K Ratings
🗓️ 17 October 2023
⏱️ 27 minutes
🧾️ Download transcript
Summary
America may have avoided a government shutdown last month but its fiscal worries are far from over. And unease in bond markets will spill over into the rest of the world. What can governments do to stave off the financial blow? The Chinese Communist Party’s youth wing is using rap to lure new members, and it’s working (10:10). And, how has “Bluey” become such a hit (19:16)?
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Transcript
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| 0:00.0 | The today is the day the world is newly crowned queen waves from the belt. |
| 0:05.0 | People have led upon the 11th and tearing down the Berlin Wall. |
| 0:09.0 | Since 1929, the Marx-Investment Trust's mission has been to help investors grow their wealth. |
| 0:15.0 | We aim to do this today by taking a three-dimensional approach to growth, |
| 0:19.0 | cyclical growth, rapid growth, and steady growth. |
| 0:23.0 | The Worldwide West Wall Street is in turmoil as stocks grow. |
| 0:26.0 | The Marx-Investment Trust, managed by Bayley Gifford, capital at risk. |
| 0:36.0 | Hello and welcome to the Intelligence from the Economist. I'm Jason Palmer. |
| 0:40.0 | And I'm Aura Okunbi. Every weekday we provide a fresh perspective on the events shaping your world. |
| 0:47.0 | China's Communist Youth League is kind of like a training ground for becoming a party member or even leader. |
| 0:56.0 | President Xi Jinping has made beefing up the league a priority, |
| 1:00.0 | and he's succeeding with help from among others a rap star. |
| 1:05.0 | And an Australian cartoon called Bluey has spread far beyond its homeland. |
| 1:11.0 | It's now watched in 60 countries. |
| 1:14.0 | We look into why the animated shorts, centered on the way parents and children play games together, |
| 1:20.0 | has been such a rollicking success. |
| 1:28.0 | First up, though. |
| 1:31.0 | Today, a vote for a new speaker of the House will be top of the agenda for lawmakers in Washington. |
| 1:42.0 | The American people deserve to have their Congress, the House representatives working. |
| 1:49.0 | And we can't have that happen to get a speaker, so we need to do that. |
| 1:52.0 | Republican Jim Jordan, who won the conference nomination on Friday, |
| 1:56.0 | will be hoping to garner the 217 votes needed to secure the job. |
... |
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