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Economist Podcasts

The Intelligence: Redoubled agents

Economist Podcasts

The Economist

News & Politics, News

4.35K Ratings

🗓️ 29 February 2024

⏱️ 27 minutes

🧾️ Download transcript

Summary

A slew of spycraft mishaps might suggest Russia’s once-great intelligence services have hopelessly decayed. Do not be fooled: the spooks are back, and better. We ask why a “supercycle” commodities boom might not come to pass, even though the conditions are ripe for one (10:04). And the questions raised as football attracts Saudi investment to England’s north-east (15:50).


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Transcript

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0:00.0

Hi there. I'm off this week.

0:04.6

Apparently we're more productive at work after a good holiday.

0:12.1

So I'm counting this Caribbean rum distillery tour as professional development. Yours calling. Take your holiday as seriously as British Airways

0:27.1

holidays take your holiday. Atul protected. This episode is sponsored by Tradeu, the multi-asset platform that lets you trade with an institutional edge.

0:40.6

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0:45.2

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0:48.1

Tradeu. Your trade, your move.

0:51.7

Explore more at tradeu.com. Your capital is at risk. Terms and conditions apply.

1:00.8

The Economist

1:06.0

Hello and welcome to the intelligence from The Economist. I'm your host, Jason Palmer. Every weekday, we provide a fresh perspective on the events shaping your world.

1:22.3

All of the parts are in place for a giant commodity boom, in particular to fuel the transition to green

1:28.7

energy and electric vehicles. But there's quite a bit of uncertainty that such a super cycle

1:34.0

is coming, because there's so much uncertainty in the world. And many football fans cheered when

1:41.7

Saudi Arabia's State Investment Fund bought a chunk of Newcastle United,

1:46.0

a top lead British team.

1:48.0

But big money from a controversial country into a team, its city, and its region sparks some soul-searching questions.

2:00.0

First up, though... The three-minute ad opens on a man,

2:03.6

...toughton the three-minute ad opens on a man alone sitting on the corner of his bed, thoughtful, wistful.

2:22.3

His voiceover in Russian recalls his late father, speaking with pride about the Soviet Union.

2:33.3

The video cuts to archive footage of Soviet cosmonauts as he talks of advancements made in science and the bygone respect of the world.

2:44.0

That past sense of pride, he says, is what drove him to become a paratrooper, and then an agent in Russia's security

2:52.3

services. But he asks himself, does he now have the courage to address the great betrayal?

...

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