Tom Lee Devlin, The Economist's business editor, shares insights on the EU's recent decision to dilute its 2035 petrol and diesel vehicle ban, highlighting concerns for automakers amid rising competition from Chinese EVs. He discusses the barriers hindering EV adoption, including costs and infrastructure. Meanwhile, Henry Kerr, the economics editor, explores potential nominees for the Federal Reserve chair, examining the political pressures that threaten the institution's independence. They also reveal the winning word of the year, 'slop,' and its cultural significance.
