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The Intelligence: America gets a House speaker
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With the accession of Mike Johnson as the lower chamber’s majority leader, Congress can at last get back to lawmaking—unless the leadership circus starts again. China’s banks may be loaded up with hidden bad loans; the industry’s covid-era hangover could be about to intensify (09:29). And why so many films have become so very, very long (17:35).
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 - Truce story: (a sketch of) a Trump-Xi trade deal27:13|Presidents Donald Trump and Xi Jinping agreed to holster their trade weapons for now. But even if the deal holds, it does not address the deeper problems in the relationship. We examine why mercenaries—and slick international firms that employ them—are doing a roaring trade these days. And a Halloween look at what our correspondent calls a golden age of horror.Get a world of insights by subscribing to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.
 - Manhattan transfer: New York’s finance folk flee21:54|Taxes upon taxes are just one of the reasons that both financial-industry hotshots and businesses are moving out of the Big Apple. We look at what that might cost the city. A snapshot of the drinks business reveals a subtle picture of who is drinking what, and where. And the Chinese rapper that is fast becoming a global household name. Get a world of insights by subscribing to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.
 - War-chest X-ray: how to finance Ukraine21:49|Europe is edging closer to using seized Russian assets to finance Ukraine. The country badly needs that 140bn-euro windfall—and much, much more. A much-fretted-about AI jobs apocalypse is not here yet, but AI-adopting firms are hiring less for junior-level positions. And our ranking of the passports that permit the most freedom of movement.Get a world of insights by subscribing to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.
 - Bust a vessel: NATO v dark fleets23:37|Ships of unknown origin or intent are flummoxing NATO forces on the high seas. Our correspondent visits the Latvian navy on the Virsaitis as it intercepts a mystery vessel. We examine China’s enormous gig economy and how 200m workers are turning precarious conditions to their advantage. And a new book explores what people talk about when they talk about antisemitism.Get a world of insights by subscribing to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.
 - Let Milei this out: Argentina’s midterms surprise25:14|Voters overwhelmingly backed the party of President Javier Milei, handing him a lifeline he was not expected to get. We ask how he can finish his vast project of economic change. Meanwhile Germany’s promised package of sweeping reforms is turning out to be lacklustre. And why many video games appear to be getting harder after years of popular-appeal ease.Get a world of insights by subscribing to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.
 - The Weekend Intelligence: Science under siege47:13|It's been a tough year for American universities. The Trump administration has taken aim at elite institutions across the country, threatening their funding to force ideological change. And while the administration claims its objective is to punish antisemitic activities, and prevent universities from “promoting divisive ideologies,” the cuts have gone straight for the jugular: impounding money meant for the sciences to insist on changes in the humanities. And at the same time, this administration has demanded huge cuts to the research funding that is the life blood of American academia. Some universities, like Columbia, have come to a settlement with the government. Others, like Harvard, where this week' s episode was recorded, are choosing to fight back in court. In September, our Health Editor, Natasha Loder went to Boston for a fellowship run by Harvard University. While she was there, she met with people who’ve been affected by the government’s actions. People like Alberto Ascherio, who just seven months ago won the Breakthrough Prize for his discovery that a virus is one of the main causes of multiple sclerosis. And John Quackenbush, one of the world’s top cancer researchers.Natasha’s reporting shows that, like many of the policies to have come out of the White House recently, this doesn’t just affect American universities, or American scientists—its impact will be far reaching and long lasting.Listen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.Music by bluedot and epidemic.This podcast transcript is generated by third-party AI. It has not been reviewed prior to publication. We make no representations or warranties in relation to the transcript, its accuracy or its completeness, and we disclaim all liability regarding its receipt, content and use. If you have any concerns about the transcript, please email us at podcasts@economist.com.Read more about how we are using AI.
 - The great brawl: China is winning the trade war23:20|This weekend American and Chinese officials are meeting to try and ease tensions over trade after China’s recent decision to restrict rare-earth exports. How has China gained the upper hand? Anxiety about screen time is focused on young people, but the elderly are addicted to devices too. And the wonder of waltzes, from Strauss to “Strictly Come Dancing”.Listen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.
 - Shutting match: what will break the US federal impasse?23:06|The government shutdown in America is now the second-longest on record. Yet there is no apparent urgency to end it, either from Republicans or Democrats. Why Ghana has escaped the jihadist violence of its neighbours in the Sahel. And bottled water is going upmarket. Listen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.
 - Cocaine and able: drug runners innovate24:16|America has been blowing up ships in foreign waters suspected of carrying drugs. That will do little to dent today’s narco-business, which is more inventive and adaptable than ever. Why business executives in China keep disappearing. And the jewels stolen in the brazen Louvre heist may never be found. Listen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.