Hello and welcome to the Intelligence from the Economist.

Today in London I'm your host Jason Palmer.

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

For years the forested lands of Northern California yielded the very finest marijuana in America.

Now that it's legal there you'd think those growers would be rolling in cash.

But thanks to state regulations the industry's chances of survival are not high.

And since the invasion of Ukraine plenty of multinational businesses have made for the

door in Russia.

Many of them have taken a big short term hit.

But over the longer run the markets seem to value the company's decisions to go.

And we'll stop though.

In Ethiopia's Amhara region yet another cycle of unrest and crackdown.

This time the central government has gone after an influential armed militia called Fano,

arresting more than 4,000 people in recent weeks.

Government officials accused 200 soldiers and a former general of unlawful killings in

Amhara.

But alongside a clamp down on those with guns comes a broader national campaign against

those with pens and microphones.

Scores of activists and journalists are now behind bars.

This government censorship is again becoming the norm in Ethiopia.

The country has endured a year and a half of civil war that's spilled out of the region

of Tigray into Amhara and even drawn in fighters from neighboring Eritrea.

...