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The Intelligence from The Economist

Landing padded: the global-recession risk

The Intelligence from The Economist

The Economist

Global News, Daily News, News

4.53.7K Ratings

🗓️ 16 August 2024

⏱️ 30 minutes

🧾️ Download transcript

Summary

Inflation, interest rates and jobless numbers are on healthy trends; markets are gaining back ground. As the spectre of global recession fades we ask why fear has persisted. In the second instalment of our series on dating we look at what singles are doing beyond the apps (10:23). And a tribute to Joss Naylor, Britain’s legend of fell running (18:51).


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Transcript

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0:00.0

Over 1,800 international businesses, including nine out of the top 10 US software companies,

0:06.0

have established operations in Ireland, creating one of the world's leading innovation hubs.

0:10.7

These businesses have invested in Ireland because it delivers skills, support, stability,

0:15.7

sustainability and significant returns.

0:18.3

IDA Ireland, the National Investment Development Agency, can help you tap into the same talent pool and support system and hit the ground running.

0:26.5

Learn more at Ireland delivers.economist.com.

0:30.0

BP is working to bring more lower carbon energy to the UK, like developing offshore wind,

0:36.3

and we're keeping oil and gas flowing from the North Sea.

0:39.6

It's and not all. That's how BP is backing Britain.

0:43.8

Well today we're mostly in oil and gas.

0:46.3

We increased the proportion of our global annual investment that went into our lower carbon

0:50.4

and other transition businesses from around 3% in 2019 to around 23% in

0:56.1

2023. VP.com slash and not all. The Economist.

1:07.0

Hello and Welcome to the Intelligence from the Economist. I'm your host

1:16.4

Jason Palmer. Every weekday we provide a fresh perspective on the events

1:20.9

shaping your world.

1:30.0

Last week in our first piece about dating apps, we said the big incumbents are struggling to keep their numbers up.

1:33.0

In today's second installment, we look at what people are doing instead of just swiping and paying.

1:40.0

And in Britain, it's called Fell Running, elsewhere Hill Running, racing up steep inclines with the sure-footedness of a mountain goat.

1:49.0

Our obituaries editor remembers the King of the Fells, Joss Naylor, who set record after record. First up though, though.

2:05.0

A look around world markets at the moment reveals some buoyant moods.

2:17.0

Good news out of Wall Street yesterday spilled into Asian markets this morning,

...

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