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The Intelligence from The Economist

The Intelligence: Coming to a Nikki end

Feb 26, 2024
23:45
Snipd AI
Nikki Haley vows to fight Trump despite primary loss. Ukraine's role in gas arbitrage. Examining cousin-marriage laws in America. Podcast delves into resilience, energy strategies, and societal views on close family marriages.
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Podcast summary created with Snipd AI

Quick takeaways

  • Commodity traders stored 3 billion cubic meters of natural gas in Ukraine to profit from winter price spikes, shaping Europe's energy storage strategies.
  • Marrying first cousins is legal in some US states, sparking debates on genetic risks and societal acceptance rooted in culture rather than substantial genetic concerns.

Deep dives

Ukraine's Role in Gas Storage Strategy

Commodity traders capitalized on rock-bottom summer rates by storing 3 billion cubic meters of natural gas in Ukraine to profit from anticipated winter price spikes. Despite concerns about the war in Ukraine, strong profits made the trade worthwhile, benefiting the EU's reserves and the firms involved. This trade experiment could shape Europe's future energy storage strategies.

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