The procedure is simple—genial, even. Contact Houthi rebels in Yemen and pay up, and your freight can pass into the Red Sea unmolested. We examine how this extortion affects world trade. China is fast closing its gap with America on AI innovation, and doing so far more cheaply (7:22). And a trip to a Ghanaian rum distillery reveals a regional trend (15:44). Get a world of insights by subscribing to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.
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Join Jason Palmer and Rosie Blau for noise-cancelling news and analysis from The Economist's global network of correspondents. Every weekday this award-winning podcast picks three stories shaping your world—the big shifts in politics, business and culture, plus things you never knew you needed to know. On Saturdays, download The Weekend Intelligence to dive deep into a single story, vividly told. If you’re already a subscriber to The Economist, you’ll have full access to all our shows as part of your subscription.For more information about Economist Podcasts+, including how to get access, please visit our FAQs page at htt...