The Economist ‘Editor’s Picks’ (January 23, 2023) – A selection of three essential articles read aloud from the latest issue of The Economist. This week, Disney’s second century, Turkey’s looming dictatorship (10:25) and how young people spend their money (17:35).
For the first time, US scientists have achieved a fusion reaction with net energy gain. But the dream of limitless zero-carbon energy is still a long way from reality.
Video timeline: 00:00 – What powers the universe 01:04 – ITER: the biggest experiment in human history 04:28 – What is fusion? 06:38 – Replicating the sun 08:38 – The US breakthrough 13:46 – The investors 20:40 – A new class of magnet 24:30 – Dream or reality?
The FT’s Simon Mundy meets scientists and investors in the UK, France and US, to see how close we really are to commercial fusion power.
Read more at https://on.ft.com/3GJl1JF
Wall Street Journal – Apple is facing an uphill battle as it plans to shift its production out of China. Here’s why it’s difficult to replicate Foxconn’s ‘iPhone City’ in Zhengzhou and the company’s finely-tuned ecosystem in countries like India and Vietnam.
National Science Foundation – The chemistry of the universe is, in a way, in your morning cup of coffee. Coffee contains a tremendous number of chemicals, with over 1000 aroma compounds. If you are looking for antioxidants, the most abundant phenolic compounds in coffee are chlorogenic acids (CGAs), which account for up to 12 per cent of the dry weight of green unroasted coffee beans. Much of coffee’s bitter taste comes from CGAs, which also cause the acid reflux that is sometimes experienced by coffee drinkers.
Produced by the PBS Digital Studio / American Chemical Society
Wall Street Journal – China’s first homegrown narrow-body jet is looking to compete with Western giants like Boeing. WSJ unpacks the design and technology of Comac’s C919 and the 737 MAX 8 to see how China’s deep reliance on foreign parts could stymie Beijing’s ambition to succeed.
A selection of three essential articles read aloud from the latest issue of The Economist. This week, Xi Jinping’s zero-covid policy, why trustbusters should let Microsoft buy Activision Blizzard (11:44) and why emigration is in the air for Britons (16:38).
The cost of health care is unaffordable for many in the developing world. But while universal health care may sound like an impossible dream, it’s more achievable than you might think.
Video timeline: 00:00 – The argument for universal health coverage is clear 00:57 – Thailand’s path to universal health coverage 03:31 – Universal health care around the world 04:48 – How to finance universal health coverage? 05:30 – Rwanda: from genocide to public health exemplar 07:19 – What is a pooling finance system? 08:01 – Which services make the cut? 11:17 – The economic benefits of UHC 12:23 – Could covid-19 be a catalyst for reform?
CNBC – Anheuser-Busch InBev is the world’s largest brewer with 500 brands in more than 100 countries. In 2016, Flemish Interbrew and Brazilian Ambev, together known as InBev, merged with the American legacy company Anheuser-Busch, which ultimately brought AB under the leadership of 3G Capital.
3G Capital is a Brazilian-American global investment firm whose tactics include an aggressive, and at times controversial, cost-cutting strategy. AB InBev’s longtime priority of aggressive acquisitions has been coupled with a focus on profit and price per barrel rather than volume share. Premiumization and expanding beyond beer continue to be winning strategies. In 2021, the company amassed $54.3 billion in revenue with 169,000 employees worldwide. As overall beer consumption has declined, AB InBev has transformed from merely a beer company to the largest beverage company in the world.
A selection of three essential articles read aloud from the latest issue of The Economist. This week, Europe’s crisis of energy and geopolitics, how crypto goes to zero (10:19) and the consequences of America’s success against organised crime (16:32).
Financial Times – The FT’s global business columnist Rana Foroohar looks at why the US should bring manufacturing jobs back home. In the second of three films based on her new book, ‘Homecoming: the path to prosperity in a post-global world’, she follows the all-American supply chain of clothing company American Giant, to see how it impacts jobs, businesses and communities
Video timeline: 00:00 Made in America, Again 01:20 An all-American supply chain starts here 03:17 What went wrong with globalization? 07:00 The cotton gin – a risky business 09:53 Automation at a high-tech mill 13:16 Why manufacturing is important 19:59 The family-run finishing factory 23:21 Worker innovation at the sewing factory 27:33 Education, training and community 29:07 A moment for change?