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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 shaped in your world.

China has just slipped to second in the most populous country stakes

and a demographic crisis is brewing.

The working age population is shrinking, service sector and unskilled jobs are going unfilled

and there's a chokehold on immigration.

And we head along to an annual rattlesnake hunt in America.

Lots of them are held each year, supposedly, to control snake populations.

But it's not as simple as that.

First up, though.

In Moscow's Red Square this morning, Russian troops and dignitaries gathered

to mark the defeat of Nazi Germany at the end of the Second World War.

The annual Victory Day celebrations are intended to showcase Russian military strength

and, of course, to provide an opportunity for President Vladimir Putin

to air his twisted narrative on the war in Ukraine.

Standing before Rose of Veterans, he said that Russia had fought back

...