The Intelligence from The Economist

The Intelligence: Bear up

8 snips
Apr 9, 2024
Callum Williams, a Senior economics writer for The Economist, shares insights on the unexpected resilience of the Russian economy amid sanctions, featuring trends in inflation and wages. Joel Budd, the Social affairs editor, highlights Britain's evolving immigration landscape, discussing the successes of immigrant integration against the backdrop of political rhetoric. They also tackle the challenges of electrifying commercial transport, stressing the urgent need for innovation in the trucking industry.
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INSIGHT

Russia's Economic Resilience

  • Russia's economy has defied expectations, avoiding collapse and maintaining GDP.
  • Inflation and interest rates are high, but economic activity remains stable, surprising experts.
INSIGHT

UK Immigration Success

  • Britain excels at integrating immigrants economically and educationally, with foreign-born individuals earning and achieving similar levels as natives.
  • Political rhetoric often contradicts this success, focusing on issues like channel crossings and specific struggling towns.
INSIGHT

Electric Lorry Lag

  • Electric car adoption is accelerating, but electric lorry adoption lags due to cost and logistical challenges like battery size and charging.
  • Regulations and net-zero targets are pushing for change, and smaller delivery vehicles are electrifying faster due to shorter routes and central depots.
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