The Intelligence from The Economist The Intelligence: The darkness before the Don
Jan 18, 2024
Henry Trix, who writes Schumpeter for The Economist, discusses how many business leaders fear the economic consequences of a second Trump term, pondering the potential impact of populist policies and trade wars. Piotr Zalewskiy offers a poignant look at the war's devastating toll on Ukraine's cultural heritage, detailing the extensive loss and looting of historic artifacts. The conversation also highlights the staggering rise in olive oil prices, now viewed as a luxury due to demand and climate issues, reflecting broader challenges in global food security.
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Prepare for Pressure
- Businesses should anticipate employee and customer pressure to take a stand on social issues.
- They shouldn't be complacent about their reliance on America's global influence, which Trump might disrupt.
Kherson Museum Plunder
- Russian forces, aided by collaborators, looted the Kherson museum, stealing over 28,000 artifacts.
- This included Scythian jewelry, Greek sculptures, and even the museum's catalog hard drives.
Ukraine's Cultural Losses
- Over 480,000 Ukrainian artifacts are estimated to be in Russian hands, though precise figures are hard to obtain.
- Many museums relied on paper catalogs, which have been destroyed or stolen, hindering accurate accounting.