US export controls on high-end semiconductor chips, and Chinese control over rare earth supply, are just the most recent examples of major economies weaponising chokepoints in the global economy. Paul and Luke speak to Edward Fishman, a former US State Department sanctions official, Colombia University professor, and author of “Chokepoints: How the Global Economy Became a Weapon of War”, about the US’s and increasingly China’s control over these chokepoints, how financial and legal chokepoint...
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US export controls on high-end semiconductor chips, and Chinese control over rare earth supply, are just the most recent examples of major economies weaponising chokepoints in the global economy. Paul and Luke speak to Edward Fishman, a former US State Department sanctions official, Colombia University professor, and author of “Chokepoints: How the Global Economy Became a Weapon of War”, about the US’s and increasingly China’s control over these chokepoints, how financial and legal chokepoint...
Can France find a way out of its political and fiscal problems?
Macro Bytes
38 minutes
3 weeks ago
Can France find a way out of its political and fiscal problems?
France has been cycling through Prime Ministers, as the government struggles to pass a budget through a divided parliament. Paul and Luke talk to Lizzy Galbraith and Felix Feather about France’s political and fiscal challenges, what’s unique about France’s problems compared to other ageing and indebted Western democracies, and what a potential victory for the extremes of French politics at the 2027 Presidential election would mean for the economy and markets.
Macro Bytes
US export controls on high-end semiconductor chips, and Chinese control over rare earth supply, are just the most recent examples of major economies weaponising chokepoints in the global economy. Paul and Luke speak to Edward Fishman, a former US State Department sanctions official, Colombia University professor, and author of “Chokepoints: How the Global Economy Became a Weapon of War”, about the US’s and increasingly China’s control over these chokepoints, how financial and legal chokepoint...
