Economist Podcasts
The arc of war: a bloody week in Lebanon
Oct 4, 2024
Gareth Brown, a correspondent in Beirut, shares gripping insights from the heart of Lebanon amidst escalating conflict between Israel and Hezbollah. He details the harrowing realities faced by civilians during intense airstrikes, painting a vivid picture of resilience in a battered Beirut. Brown also reflects on the changing dynamics in the Middle East following the anniversary of the Hamas attack on Israel, prompting listeners to contemplate the future of the region's stability.
22:28
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Quick takeaways
- The ongoing conflict in Lebanon has escalated, resulting in significant military casualties and a humanitarian crisis affecting large populations.
- The fitness industry is experiencing a barbell effect, thriving only at low-cost or high-end gyms, leaving mid-market gyms struggling.
Deep dives
The Barbell Effect in Gym Memberships
The fitness industry is experiencing a barbell effect, where low-cost gyms and high-end fitness centers are thriving, while mid-market gyms are struggling. This trend has emerged as people seek budget-friendly options or are willing to invest in premium experiences that offer unique amenities, such as wellness services and luxury environments. During the pandemic, many turned to home workouts, but as restrictions lifted, there was a strong return to gyms, emphasizing the social aspect of fitness. The dual demand highlights a shifting consumer preference, with a focus on either affordability or exclusive offerings, leaving mid-range options less popular.
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