The Intelligence: America gets a House speaker
The Intelligence from The Economist
The Economist
4.5 • 3.7K Ratings
🗓️ 26 October 2023
⏱️ 26 minutes
🔗️ Recording | iTunes | RSS
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Summary
With the accession of Mike Johnson as the lower chamber’s majority leader, Congress can at last get back to lawmaking—unless the leadership circus starts again. China’s banks may be loaded up with hidden bad loans; the industry’s covid-era hangover could be about to intensify (09:29). And why so many films have become so very, very long (17:35).
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Transcript
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| 0:00.0 | This economist podcast is sponsored by City. |
| 0:03.5 | They're not authors, but they help you shape your financial story. |
| 0:06.8 | They're not an airline, but they connect global businesses across nearly 160 local markets. |
| 0:12.1 | They're not interpreters, but they listen to and understand their client's needs. |
| 0:16.2 | With global expertise and over two centuries of experience, |
| 0:19.6 | City provides tools, insights and guidance that helps clients thrive. |
| 0:24.0 | They're not just any bank. They are City. |
| 0:26.8 | Learn more at city.com-slash-we-are-city. |
| 0:35.8 | The Economist. |
| 0:42.5 | Hello and welcome to the intelligence from the Economist. |
| 0:45.6 | I'm Aura Ogumbi. |
| 0:47.2 | And I'm Jason Palmer. |
| 0:48.7 | Every weekday, we provide a fresh perspective on the events shaping your world. |
| 0:56.8 | During the pandemic, the Chinese government gave small companies a break from |
| 1:00.8 | repaying what they owed to the banks. |
| 1:03.2 | But this break lasted longer than expected, leaving banks with lots of bad debt. |
| 1:08.8 | How big is the problem? And is there a solution? |
| 1:14.4 | And I get my chance to make a case for bringing |
| 1:17.2 | intermissions back to the cinema experience. |
| 1:19.9 | Our correspondent crunches the numbers on the growing links of films |
| 1:23.6 | and finds that moviegoers deserve a little break in the middle. |
| 1:34.2 | But first, |
... |
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