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Politics Theory Other

Macrodose - Russian oil, the food crisis and a 4-day work week

Politics Theory Other

Politics Theory Other

News

4.8552 Ratings

🗓️ 7 December 2022

⏱️ 17 minutes

🧾️ Download transcript

Summary

On this week’s episode of Macrodose James Meadway breaks down the G7-backed price cap on Russian oil (1.46), the warning from the National Farmers' Union that Britain is sleepwalking into a food crisis (5.37), and the results of an experiment in a 4-day working week (11.27).

Transcript

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0:00.0

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0:48.8

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0:58.4

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1:04.5

You are now listening to Macrodotes.

1:17.6

Hello and welcome to Macrodose. The MacroDose. MacroDose. Hello and welcome to MacroDose, a podcast hosted by me, James Meadway, that brings you your weekly fix of everything economics and a quick, 15-minute roundup.

1:21.6

Each Wednesday morning, we bring you the key stories making the news and the analysis you'll

1:25.6

need to make sense of them. On today's episode, we'll be taking a look at first the impact and the analysis you'll need to make sense of them.

1:32.2

On today's episode, we'll be taking a look at first the impact of the price cap on Russian oil imposed yesterday by the G7, the EU and Australia.

1:36.5

Second, warnings that Britain is sleepwalking into a food supply crisis from the National

1:41.2

Farmers Union. And finally, the ending of an experiment in the four-day

1:45.3

working week. For a first story this week, I want to look at the impact of the price cap and ban

1:54.7

on Russian oil exports imposed by the EU, the G7 and Australia after agreement over the weekend.

...

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