Introduction:
In this episode, we explore three pressing stories shaping today’s economic landscape. First, India’s rapid shift to E20 ethanol-blended petrol is lowering carbon emissions and saving foreign exchange but is also causing engine issues for vehicle owners and raising serious food security concerns due to crop diversion. Next, Spirit Airlines faces an uncertain future after emerging from bankruptcy without decisive restructuring, warning it may not survive the year amid a tough aviation market and financial strain. Finally, new US tariffs on European alcohol imports, including Scotch whisky, threaten to increase prices significantly, with companies like Diageo turning to AI tools to manage the complex fallout.
Content and Timestamp:
00:00:22 India's Biofuel Push: Billions Saved, But At What Cost?
00:03:52 Spirit Airlines Faces Uncertain Future After 'Soft' Bankruptcy Exit
00:07:19 US Alcohol Tariffs: Brace for Higher Prices on Imported Drinks
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