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The Indicator from Planet Money

Tale as old as time: Indicators of the Week

The Indicator from Planet Money

NPR

Business

4.79.2K Ratings

🗓️ 11 August 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary

In a week jam-packed with major economic news, we've selected a few of our favorite stories for Indicators of the Week. Today we cover an Italian bank story, the drop in Chinese imports and the $1.6 billion acquisition of Simon & Schuster.

Related Episodes: Are we entering a new dawn for antitrust enforcement? (Apple Podcasts / Spotify)

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Transcript

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0:00.8

NPR.

0:11.9

This is the indicator from Planet Money. I'm Whalen Wong.

0:14.5

And I'm Darien Woods. And you're listening to Indicators of the Week.

0:20.4

And today we are joined by our colleague from Planet Money, Ketting Malone.

0:25.0

It is I. I am here.

0:27.0

I know. I am here.

0:29.2

There's a cloud of smoke that emerged around you when you've walked in the door.

0:32.8

Is that not how you guys enter rooms? Like what do you do?

0:35.8

So today we're going to bring you a variety of different

0:39.0

shocking, stunning, or inspiring indicators from this week's headlines.

0:43.5

We've got a little something for everybody.

0:45.9

All of that for all of you. And I will not do any magic, I promise.

0:50.5

After the break.

0:53.0

All right, indicators of the week, what do you have, Darien?

0:56.4

So my indicator is based in Italy, where there's this kind of

0:59.4

claditorial battle between bankers and politicians going on.

1:04.0

It's all about this plan to tax banks.

1:07.2

Take us to the Carl Sium, Darien. I'm ready to go.

1:09.7

So a bit of background. The government in Italy is led by

1:13.2

by Minister George Rabelone. She leads the Brothers of Italy party.

1:17.6

It has neo-fascist roots and came to power saying it would turn the Italian economy around.

1:24.4

The Italian economy is not doing great. In March, a million Italian households

...

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