Western sanctions on Russia after its invasion of Ukraine quickly led the Ruble to lose more than 45 percent of its value. But these days, the Russian currency is back to its pre-war value. Cameron and Adam explain the turnaround and discuss what it means for the war.

Also on the show: The economics of canned fish.

The Fall and Rise of the Russian Ruble

Foreign Policy economics columnist Adam Tooze, a history professor and a popular author, is encyclopedic about basically everything: from the COVID shutdown, to climate change, to pasta sauce. On our new podcast, Tooze and FP deputy editor Cameron Abadi will look at two data points each week that explain the world: one drawn from the week’s headlines and the other from just about anywhere else Tooze takes us. Check out Adam Tooze’s column at https://foreignpolicy.com/author/adam-tooze/.

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This episode features a live taping Adam and Cameron did at the John Hopkins School of Advanced International Studies in Washington, DC—covering the possible impact of a wider war in the Middle East and the economics of a future Biden or Trump administration.

Live From DC

As the Israel-Hamas war drags on, about half of the Palestinians in Gaza are on the brink of famine, and the other half are experiencing acute food insecurity. Adam and Cameron discuss how humanitarian aid works in a crisis zone and what it would take to rebuild Gaza.

Famine in Gaza

It will cost up to $3 billion to replace the Francis Scott Key Bridge in the U.S. city of Baltimore, Maryland, which collapsed last month after it was struck by a container ship. Adam and Cameron discuss the implications for the city of Baltimore, the insurance industry, and global shipping.
Also on the show: The economics of Tajikistan.

The Economics of a Bridge Disaster

To mark the Easter holiday, Adam and Cameron discuss the economic thinking of Pope Francis and how it strays from the traditional approach of the Catholic Church.

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The Economic Thinking of Pope Francis

This is the fourth installment of a mini series on the long shadow of COVID-19, marking four years since the start of the coronavirus. In this final segment, Adam and Cameron discuss whether the world is now better equipped to respond to similar crises.
Also on the show: The economics of resort hotels.

The Fall and Rise of the Russian Ruble

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