Economist Podcasts Capital outflow: Russia changes tack
Mar 30, 2022
Shashank Joji, The Economist's defense editor, shares insights on Russia's strategic troop withdrawals from Kyiv to concentrate on the eastern Donbas region, discussing the potential implications for cities like Mariupol amidst ongoing international sanctions. The conversation also touches on a significant court decision in Singapore regarding a colonial-era anti-gay law, reflecting on evolving societal norms and the challenges faced by the LGBTQ+ community. Lastly, Joji delves into Bolivia's unique cultural phenomenon of contraband Japanese cars and its economic intricacies.
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Russia's Pivot in Ukraine
- Russia is shifting its war strategy in Ukraine, likely due to heavy losses and stalled advances.
- Their initial aim, despite claims to the contrary, was likely regime change in Kyiv.
Singapore's 377A Law
- Singapore's law 377A criminalizes sex between men but is not enforced.
- The court's decision not to strike it down reflects a political balancing act.
Bolivia's Chuto Market
- In Bolivia, contraband used cars called "chutos" are popular, despite being illegal.
- A thriving market exists due to import restrictions and affordable prices.