Latest Interviews
Showing 1–6 of 6 transcripts.
Clear all filters- The Economist9 min
Big Oil’s Iran windfall won't last | The Economist
Vijay Vaitheeswaran, Alice Fulwood, Ethan Wu
At the record-breaking CIRA Week conference convened by historian Daniel Yergin, global energy executives expressed immediate financial jubilation regarding windfall profits from high oil prices while grappling with severe geopolitical risks threatening the Strait of Hormuz. Key figures like ADNOC CEO Sultan Al-Jaber and General Mattis warned that disruptions to this critical choke point endanger not only crude shipments but also essential fertilizer supplies and semiconductor helium, creating potential global food and technology crises. Simultaneously, the assembly noted a strategic disconnect in US policy regarding the conflict and observed that current instability is accelerating a structural shift toward electric vehicles and clean energy in emerging economies to reduce reliance on volatile supply chains.
- The Economist11 min
Why Trump’s Venezuela oil gamble won’t pay off
Trump, Vijay Vaitheeswaran, Ethan Wu, Mike Bird
Analysts warn that restoring Venezuelan oil production to historical levels requires over $100 billion in investment and sustained global prices above $80 per barrel, conditions currently unmet by market forecasts and compounded by decades of legal instability following expropriations in the 1970s and 2000s. While U.S. Gulf Coast refineries could benefit from a short-term influx of heavy crude, industry experts argue that such a strategy is economically obsolete given America's status as a net energy exporter and the global shift toward decarbonization and renewable technologies. Consequently, the initiative faces a critical divergence between the administration's desire for immediate geopolitical wins and the oil sector's need for long-term property rights security and viable return horizons.
- The Economist10 min
Can Vietnam be the new Singapore?
Facing a 46% tariff threat from the Trump administration, Vietnam's leadership under General Secretary To Lam is accelerating a radical bureaucratic overhaul to shift its economy from risk-averse state control toward a private-sector-driven model targeting 70% GDP contribution by 2045. This strategic pivot aims to mitigate eroding labor cost advantages and supply chain gaps by encouraging innovation and demanding greater local integration from foreign investors, though challenges regarding an underdeveloped domestic market persist. Recent inconclusive trade talks highlight the urgent need for these structural reforms as the nation navigates the dual pressures of external geopolitical hostility and internal industrial stagnation.
- The Economist47 min
Import-extort: what to make of Donald Trump’s titanic tariffs
Donald Trump, Mike Bird, Ethan Wu, Simon Rabinovitch, Douglas Irwin, Doug Irwin
On April 2, 2025, President Donald Trump invoked national emergency powers to impose a baseline 10% tariff on all imports alongside reciprocal rates targeting nations like China and the European Union, effectively raising the U.S. tariff level to approximately 25%. This unilateral executive action, which exempts Mexico and Canada while closing the de minimis e-commerce loophole, aims to restore domestic manufacturing but faces imminent legal challenges under the International Emergency Economic Powers Act. Economic analysts warn the policy could trigger stagflation with inflation reaching 5% and reduce GDP by 0.6%, yet global markets have initially reacted with falling bond yields despite alarm from oil, gas, and apparel sectors reliant on imported inputs.
- The Economist29 min
Rebel with a new cause: meeting Syria’s president
Ahmed al-Sharaa, Mamoon Alhidayat, Rosie Bloor, Jason Palmer, Zeni Minton-Bettos, Nicholas Pelham, Ethan Wu, James Francham
Ahmed al-Shara has consolidated power as Syria's transitional president following Bashar al-Assad's removal, though his refusal to explicitly reject Sharia law and vague commitments to democratic elections have raised concerns about potential authoritarian consolidation. Meanwhile, the Bank of Japan concluded its era of deflation by raising interest rates to 0.5%, driven by a virtuous wage-price cycle that has boosted bond yields despite lingering pressures on household spending. In the UK, a fifteen-year financial review disclosed that Members of Parliament earned £60 million from second jobs, with media appearances and speeches accounting for the majority of income and sparking public debate over potential regulatory caps.
- The Economist25 min
General rule: how to reinvent America’s army
Randy George, Elias Khoury, Jason Palmer, Rosie Bloor, Ethan Wu, Anne Rowe
Under General Randy George, the U.S. Army is pivoting from counter-insurgency to high-intensity state conflict by reducing vehicle fleets to prioritize combat training while simultaneously surging artillery production and exceeding recruitment targets. To accelerate modernization against rivals like Russia and China, the service has launched an innovation pilot testing new equipment in active brigades to bypass traditional procurement bottlenecks, though military leaders remain skeptical about scaling these experimental successes across the entire force. This strategic shift occurs alongside a managed trade-off where reduced maintenance burdens free resources but introduce operational risks amidst ongoing procurement challenges and rapidly evolving adversary capabilities.