The Economist.

Hello and welcome'm Jason Palmer.

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

Over the past decade, China has defied the skeptics and producing innovative and highly successful

private firms.

Now the number of these so-called unicorns is dwindling. Is politics or economics

to blame?

And one of the more colourful features often found on the British seaside are rows of narrow little huts,

open only during the rare outbreaks of good beach weather.

We ask why the prices for these poky places have gone through the roof.

But first. At an event at the Democratic Party's headquarters in Delaware yesterday, America's

Vice President launched her campaign to become its president.

Do we believe in freedom?

Do we believe in opportunity?

Do we believe in the promise of America?

And are we willing to fight for it and when we fight we

we can. God bless you all and God bless you all and God bless you.

Kamala Harris has swiftly mounted the proverbial stump after Joe Biden stepped aside, his hand

forced by weeks of stumbling public performances and democratic hand-ringing, and questions about Ms Harris's chances in a race for the party's nomination

have disappeared as quickly as have her potential rivals for it.

Since the weekend things have moved incredibly fast.

Daniel Franklin is a senior editor at the Economist.

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