Ricardo Hausmann, a Harvard-based Venezuelan economist, has constructed his own indicator, one that captures the horrifying scale of the economic catastrophe in Venezuela. (This episode is from our other podcast, The Indicator. Subscribe to it wherever you get your podcasts.)
A truce in the U.S.-China trade war seemed close. The leaders of China and the United States were meeting to discuss a fix. And then arrests started. It got even more confusing, so today, we call up our man on the ground in Shanghai to make sense of it all. The key to understanding the latest turn in the trade war centers around a giant company most Americans haven't heard of called Huawei. Its rise traces the rise of China's economy and Chinese-style capitalism.