Going gang-buster: we meet Ecuador’s president

This episode of The Intelligence from The Economist covers two main topics: Ecuador's fight against criminal gangs and the surprising resilience of markets in the face of geopolitical turmoil. The first segment discusses President Daniel Noboa's strategies to combat transnational criminal gangs in Ecuador, including his tough stance and security plan, while also addressing concerns about authoritarianism and international cooperation. The second segment explores why markets haven't reacted strongly to major global events like the conflict between Israel and Iran, attributing it to factors like the difficulty in pricing geopolitical events, the resilience of the US economy, and the shift to America being an energy exporter. Additionally, the podcast includes a segment on the 80th anniversary of the UN Charter, reflecting on the lessons learned from the League of Nations and the importance of great powers taking responsibility for maintaining peace.