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In indanesia, almost one third of households keep song birds. Heat waves come to India every year, but this year came weeks early and have been increasingly brutal. We look thecosts that indians will have to bear as the scorching temperatures continue. And if your bird can sing, it can make you a pretty penny.

Stablecoins are essential to the financial plumbing of the cryptocurrency world. They’re pegged to a real-world asset, usually the dollar. But when that peg breaks, things can turn ugly in a hurry. Much of India is suffering through a particularly blistering and costly heatwave. And Indonesians’ love of songbirds is threatening wild bird populations within and beyond Indonesia itself. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer