The Intelligence from The Economist Exit-stage plight: Brexit’s costs come due
Feb 12, 2021
John Peete, Brexit editor for The Economist, offers keen insights into the substantial economic and political ramifications of Brexit, highlighting trade turmoil and the migration of stock-trading to the continent. Daniel Knowles, an International correspondent, explores the adrenaline-filled world of wingsuit base jumpers, shedding light on risk-taking psychology. They also discuss the resilience of Kenya's flower industry, which is bouncing back post-pandemic, navigating supply chain disruptions and adapting to new market demands.
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Supply Chain Disruptions
- The new border between Great Britain and Northern Ireland causes problems, like empty supermarket shelves.
- This stems from difficulties in transporting goods across the Irish Sea due to new checks and controls.
Foreseen Consequences
- Many current Brexit issues were predicted before the referendum, but some dismissed them as "project fear."
- Imposing trade barriers inevitably leads to costs, reduced trade, and a potentially weaker UK economy.
Wingsuit Base Jumping
- Daniel Knowles observed Laurent Fratt, a wingsuit base jumper, calmly preparing to jump off a 1500m cliff.
- Fratt's composure, despite the inherent risk, showcases a unique approach to danger.