4.4 • 5K Ratings
🗓️ 21 August 2025
⏱️ 21 minutes
🧾️ Download transcript
Intel was once synonymous with chip-making, but in recent years it has fallen behind. Now the Trump administration may become its biggest shareholder. A political assassination in Colombia raises fears about a return to violence. And what an annual snail race tells us about rural England.
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| 0:00.0 | The Economist. |
| 0:07.0 | Hello and welcome to the intelligence from The Economist. |
| 0:14.0 | I'm your host, Rosie Bloor. Every weekday we provide a fresh perspective on the event shaping your world. |
| 0:27.5 | Political violence used to be a staple of life in Colombia. |
| 0:33.0 | Recent years have been more tranquil, but after a politician was shot at a rally and subsequently died, there are fears about the future. |
| 0:39.3 | And here's a real piece of slow news. |
| 0:42.3 | Every summer in rural England, a village holds a snail race. |
| 0:46.3 | Our correspondent went on the trail, rented a snail, and, well, did he win or fail? |
| 0:53.3 | You'd better listen to find out. |
| 1:01.6 | First up, though. |
| 1:09.8 | Chip making is the bedrock of modern technology, and for decades, Intel led the industry. |
| 1:16.4 | But in recent years, it has fallen behind, and now it's in turmoil. |
| 1:21.3 | Earlier this month, Donald Trump demanded that Intel's boss, Lip Butan, resign, |
| 1:26.8 | apparently because of Tan's alleged investments in firms |
| 1:30.1 | with links to China's armed forces. Then Trump did an about turn. After the two men met, |
| 1:36.5 | the president praised his success and rise. This week, things got even more complicated. |
| 1:43.2 | Softbank, a Japanese tech firm, bought 2% of Intel for $2 billion. |
| 1:48.8 | And yesterday, the Trump administration confirmed that it's in talks to convert its subsidies |
| 1:54.0 | to Intel into a 10% stake in the company. |
| 1:57.0 | I know Secretary Lutnik is working on it and ironing out the details, but the president |
| 2:02.0 | wants to put America's needs first, both from a national security and economic perspective. |
| 2:08.2 | That would make the U.S. government Intel's largest shareholder at a time when there are serious |
... |
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