Hello and welcome to the Intelligence from the Economist, today from London on your

host Jason Palmer. Every weekday we provide a fresh perspective on the events shaping

your world.

Senegal's national football team is headed home from the World Cup, but the country's

football culture is very much on the up. We visit a training academy that's setting an

example for how to gather and train the plentiful talent. And it's getting increasingly difficult

to buy deodorant in New York City. Our intrepid correspondent presses ahead anyway, finding

out something about the changing nature of organized crime in America.

Let's start, though.

Today an agreement designed to crimp the money going to Russia comes into effect. Leaders

have been wrangling for weeks and weeks trying to stem the flow of oil revenues that continue

even after nine months of war to fill Russia's coffers. What the G7 and European Union have

come up with isn't all that drastic. The most significant measure is a cap on the price

that can be paid for Russian oil arriving by sea. Russia's foreign ministry said it was

more than a mechanism outside the market. A spokesperson called it an anti-market measure.

Reputization the locations ofoften comes into personal waters.

Because not to be serious about the decision to become such a threat for Russian

people who were in a comfort zone for the budget of the state terrorist.

Russia has not already.

He called the cap quite comfortable for the budget of a terrorist state.

It's by now an old problem, how to put pressure on petro-states when petro-states can put

so much pressure on the world economy, especially one that's still in such a fragile condition.

...