The Intelligence from The Economist
The Intelligence: Coming to a Nikki end
Feb 26, 2024
Idris Kulun, the Washington bureau chief, analyzes Nikki Haley's determination to press on in the Republican nomination race after a significant loss in South Carolina. He discusses the shifting dynamics within the GOP and her alignment with traditional values. Tamara Jolkspor sheds light on cousin marriage, addressing myths and societal stigmas, while exploring legal frameworks in the U.S. They also dive into the complexities of natural gas trading in Ukraine amid conflict, highlighting its pivotal role in European energy strategies.
23:45
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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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