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Economist Podcasts

Towards Russia with love: Austria’s political tilt

Economist Podcasts

The Economist

News & Politics, News

4.44.9K Ratings

🗓️ 8 January 2025

⏱️ 25 minutes

🧾️ Download transcript

Summary

A once-fringe far-right party looks close to power—and serves as another sign of a broad and worrying pro-Russia trend in central European politics. Meanwhile Jean-Marie Le Pen, who established the far-right party now close to power in France, has died; our correspondent reflects on his legacy (10:05). And our series The World Ahead examines financial inclusion in Latin America (16:07).  


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Transcript

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0:00.0

My dreams, my retirement, my life. My Map is a range of ready-made funds managed by BlackRock,

0:07.6

making it easier for you to invest for the future you want, whatever that looks like.

0:12.1

Our funds use ETFs and index funds to keep costs low and are actively managed,

0:17.1

meaning the funds stay within their investment risk profiles. Plus, it really doesn't take much to

0:22.1

begin investing. Just get started and let the professionals do the rest. My future, my way,

0:28.7

my map. Ready when you are. Capital at risk, the value of investments and the income from them can fall

0:34.3

as well as rise and are not guaranteed. Investors may not get back the amount

0:38.0

originally invested. Diversification and asset allocation may not fully protect you from market risk.

0:49.0

The Economist. Hello and welcome to the intelligence from The Economist.

0:59.7

I'm your host, Jason Palmer.

1:01.6

Every weekday, we provide a fresh perspective on the events shaping your world.

1:09.9

In a way, Jean-Marie Le Pen was ahead of his time.

1:13.6

In the 1970s, France's far-right firebrand revived a strain of xenophobia that today is worryingly

1:20.6

on trend again. Our Paris bureau chief reflects on his life at the center and then the fringes

1:26.6

of politics.

1:28.3

And Latin America lags behind much of the world when it comes to financial inclusion.

1:34.3

People tend not to trust banks or see much benefit in using them.

1:39.3

Our series The World Ahead finds that is changing more rapidly than it is elsewhere.

1:48.7

First up, though,

1:59.3

There's a story that just keeps playing out across Europe.

2:02.5

At the ballot box, disillusioned citizens are increasingly turning toward parties of the hard and far and extreme right, parties that were

2:08.1

once seen as fringe players. In the Netherlands, it was Gerde Vilders and his party for freedom,

...

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