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Economist Podcasts

Present, tense: Biden and Putin meet

Economist Podcasts

The Economist

News & Politics, News

4.35K Ratings

🗓️ 16 June 2021

⏱️ 23 minutes

🧾️ Download transcript

Summary

Joe Biden and Vladimir Putin have much to hammer out today—but don’t expect it to be genial. We examine what is on the table, and how each president will be judged. Competition in the cryptocurrency world is mushrooming; we ask whether any contender might knock bitcoin off its top slot. And France’s curious sell-now, die-later property scheme. 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

Hello and welcome to the Intelligence on Economist Radio. I'm your host, Jason Palmer.

0:09.1

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

0:18.1

Bitcoin is just the most well-known of a number of cryptocurrencies, a number that's growing

0:23.5

fast. Each has its strengths and weaknesses. We sift through all the coins and the tokens

0:29.3

to understand how crypto is creeping through financial systems. And how would you like

0:37.0

to put down a hefty deposit on a home, start making monthly payments, but not get the keys for years, or even decades?

0:44.3

We take a look at a curious corner of France's property market.

0:52.3

But first...

0:57.0

President Joe Biden's string of foreign meetings and summits continues, and today's is going to be the trickiest yet.

1:09.1

Mr. Biden will meet with his Russian counterpart, Vladimir Putin, in Geneva.

1:13.3

They'll have plenty to talk about.

1:15.3

Russian cyber attacks have moved from espionage and information warfare

1:18.2

to disrupting America's critical supply chains.

1:21.2

Multiple reports of a Russian military builder.

1:24.2

Ukraine says 28 Russian battalion groups involving...

1:27.2

Some disturbing developments overseas this weekend where Putin critic Alexei Navalny is reportedly

1:31.3

very close to death in a Russian prison. He's been on a...

1:34.6

Critics worry that even holding the meeting is a tactical mistake for Mr. Biden, but he's made

1:39.2

clear he knows what he's up against. I have met with him. He's bright. He's tough. And I have found that

1:48.7

he is a, as they say, when he used to play ball a worthy adversary. It's a fair guess that the two

1:56.3

men don't specifically like each other. For the cameras, both will probably put on a show of respecting

2:02.3

each other. But with so many flashpoints between the countries, the real goal may be ensuring

...

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