

Bold eagle: America's industrial evolution
5 snips Feb 3, 2023
Charlotte Howard, Executive Editor at The Economist, talks with Arkady Ostrovsky, Russia’s editor, and Fiametta Rocco, Culture Correspondent, about various transformative topics. They delve into the Biden administration’s revitalization plans for American manufacturing and clean energy. Ostrovsky highlights the resilience of independent journalists in Russia amid censorship and war. Rocco shares insights on Gina Lollobrigida’s inspiring rise from wartime Italy to Hollywood stardom, emphasizing her cultural impact.
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Shift in US Industrial Policy
- The Biden administration aims to revitalize the US economy through substantial industrial policy changes.
- This marks a shift from the free-market approach of the past 40 years.
Reshoring Supply Chains
- The Biden administration aims to reduce reliance on China for crucial goods like clean energy equipment and semiconductors.
- Subsidies are used to incentivize domestic production and reshoring of supply chains.
The Battery Belt
- The car industry is experiencing a resurgence, with significant investments in electric vehicle and battery production.
- This investment boom is evident along Interstate 75, creating a "battery belt."