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The Intelligence from The Economist

Tony isn’t blinkin’: Sino-American relations, post-balloon

The Intelligence from The Economist

The Economist

Global News, Daily News, News

4.53.7K Ratings

🗓️ 6 February 2023

⏱️ 21 minutes

🧾️ Download transcript

Summary

American fighters shot down a balloon that China says was monitoring the weather, but America insists was spying. It was a minor incident, but it highlights the relationship of a great-power rivalry with inadequate guardrails. Our correspondent visits a market in Mumbai to see what might be lost as India’s economy formalises.  And some surprising—and worrying—data puncturing the myth about the skinny French.


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Transcript

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0:00.0

Hello and welcome to the Intelligence from the Economist.

0:06.6

In New York, I'm John Fassman.

0:09.0

And in London, I'm Jason Palmer.

0:11.0

Every weekday, we provide a fresh perspective on the events

0:14.3

shaping your world.

0:18.4

Informal labor has long made up a large share of India's economy,

0:22.4

shaping how the country shops, looks, and sounds.

0:26.2

But that's changing pretty quickly.

0:28.5

Our correspondent visits a market in Mumbai

0:31.1

to see it disappearing India.

0:34.8

And one stereotype about the French

0:37.3

is that they're effortlessly slim with hot kuchur draped

0:41.2

across live frames.

0:43.2

We look at some obesity statistics that

0:45.3

show the reality is different and getting more so all the time.

0:49.0

But first, this weekend, South Carolinians were treated to an air show,

1:07.4

unlike any scene before in the Palmetto state.

1:11.0

On a sunny Saturday in Myrtle Beach, locals

1:13.6

watched as two US fighter jets bore down on a high altitude balloon.

1:18.0

We probably watched it.

1:19.2

I don't know, maybe about five minutes.

1:20.8

And then started seeing some jet trails coming from the west.

...

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