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Economist Podcasts

When in Rome...stay put: Italy on lockdown

Economist Podcasts

The Economist

News, News & Politics

4.35K Ratings

🗓️ 10 March 2020

⏱️ 23 minutes

🧾️ Download transcript

Summary

The unexpected expansion of quarantine measures are a look into the near future of many countries, each facing different social and epidemiological tradeoffs. Slovakia is on the cusp of forming a government with anti-corruption as the new foundational principle—but will it be able to get anything else done? And a look at the social and cognitive benefits of speaking two languages.

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Transcript

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0:00.0

Hello and welcome to the Intelligence on Economist Radio.

0:07.0

I'm your host, Jason Palmer.

0:09.0

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

0:18.0

In Slovakia, an anti-corruption platform has propelled a former media tycoon into power, and even he was surprised.

0:25.2

A coalition government is set to be revealed, but can it agree on all the reforms the country needs besides getting rid of graft?

0:33.9

And plenty of people will tell you that speaking more than one language comes with social benefits.

0:39.3

Some studies also suggest you get a brain boost.

0:42.3

Maybe.

0:43.3

No matter, says our language columnist, learn another language because it's useful and fun.

0:53.3

But first...

0:57.0

In response to the biggest outbreak of COVID-19 outside China, authorities in Italy have instituted the biggest lockdown outside China.

1:08.0

Over the weekend, regions in the north accounting for a quarter

1:11.9

of the country's population were told to stay put. And last night, the Italian Prime Minister

1:17.0

Giuseppe Conte extended limitations on travel, sporting events and public gatherings to the entire

1:23.1

country, saying simply that there is no time.

1:36.6

Reactions to climbing infection numbers are spooking markets and governments the world over.

1:42.4

Yesterday, American stocks had their worst day since the financial crisis, jolted further after Saudi Arabia launched into an unexpected oil

1:45.3

price war.

1:48.4

Brent Crude fell the furthest since the first Gulf War. The coronavirus is exposing fragility everywhere,

1:55.7

in governments, health systems, supply chains, and markets that just weeks ago were hitting

2:00.6

record highs.

2:02.4

The outbreaks are forcing government's hands on taking extreme measures, with approval from

...

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