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The Economist
Latin lessons: the Donroe-doctrine boost
This episode of The Intelligence examines a diverse range of global issues, beginning with a deep dive into the unexpected economic resilience of Latin America. Despite concerns over political instability and trade disruption, the region has seen a significant influx of foreign direct investment. Correspondents explain how a combination of stabilized currencies, inflation targeting, and a strategic push by the United States to secure critical minerals—particularly in the mining sector—has turned the region into a burgeoning geopolitical battleground between American interests and Chinese investment. The discussion then shifts to Nigeria, where food price inflation is threatening a cultural staple. Through the lens of the Jollof index, the hosts explore how rising transportation costs, exacerbated by regional conflict and infrastructure challenges, have made basic ingredients unaffordable for many families, effectively turning a popular everyday meal into a luxury. Finally, the episode reflects on the end of an era for British media as the BBC discontinues its long-wave radio broadcasts. The hosts analyze why this aging, yet reliable, technology is being retired in favor of digital alternatives, highlighting the broader ongoing transition toward an internet-only media landscape.
Updated Jul 5, 2026
About This Episode
For all the Trumpian chaos in Latin America, no other developing-world regional economy has done so well in the past year. We examine the Donroe dividend. The cost to make jollof rice, a staple dish in Nigeria and Ghana, is a window into the countries’ economies. And the BBC waves goodbye to its long-wave radio service.
Guests and host:
- Cerian Richmond-Jones, international economics correspondent
- Ọrẹ Ogunbiyi, Africa correspondent
- Bo Franklin, senior editor
- Rosie Blau, co-host of “The Intelligence”
- Jason Palmer, co-host of “The Intelligence”
Topics covered:
- Latin America, Donroe doctrine, mining
- Nigeria, Ghana, cost of living, jollof rice
- BBC, long-wave radio
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