W17 · 25 April 2026 — Hormuz, The Renminbi Shift & What Industrial Policy Actually Means

Vantcast — The World Edition · Apr 25, 2026 · 22m · transcript

This week: Daniel Yergin on why the Strait of Hormuz crisis signals a genuinely different world — and what that means for boards beyond the energy market. The quiet but accelerating infrastructure behind renminbi internationalisation, and why it matters even if you're not in China-adjacent trade. And what the World Bank's new position on industrial policy actually means for executives betting on government support. The IMF's macro layer sitting underneath all of it.