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Economist Podcasts

Luna landing: Crypto chaos

Economist Podcasts

The Economist

News & Politics, News

4.35K Ratings

🗓️ 17 May 2022

⏱️ 27 minutes

🧾️ Download transcript

Summary

Stablecoins are essential to the financial plumbing of the cryptocurrency world. They’re pegged to a real-world asset, usually the dollar. But when that peg breaks, things can turn ugly in a hurry. Much of India is suffering through a particularly blistering and costly heatwave. And Indonesians’ love of songbirds is threatening wild bird populations within and beyond Indonesia itself. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer

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Transcript

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0:00.0

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0:08.3

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0:15.8

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0:19.3

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0:22.7

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0:25.6

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0:32.1

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0:34.5

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0:36.2

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0:39.4

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0:46.0

And with one monthly invoice, there's no more chasing receipts. Give your team the perk they

0:51.4

really want. Visit work.deliveroo.com.com.

0:58.8

Hello and welcome to the intelligence from the economist.

1:02.2

In New York, I'm John Fastman.

1:04.9

And in London, I'm Jason Palmer.

1:07.1

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

1:11.6

Heat waves come to India every year, but this year's came weeks early and have been increasingly brutal.

1:19.6

We look at the costs that Indians will have to bear as the scorching temperatures continue,

1:24.6

and the few means of relief they might rely on.

1:34.3

And if your bird can sing in Indonesia, it can make you a pretty penny.

1:39.7

Almost one-third of households there keep songbirds, often for lucrative competition.

1:44.8

But this increasingly popular sport threatens wild bird populations.

...

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