The Rachman Review

Gideon talks to the billionaire investor Ray Dalio about the connections he's found between the rise and fall of markets and the rise and fall of nations. Clips: CBS, CNBC, BBCMore on this topic:  Policy errors of the 1970s echo in our timesFed begins quantitative tightening on unprecedented scaleTop investors split on direction of ‘tempestuous’ China’s marketsSubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by BreenRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Russia’s global power has rested in large part on its oil and gas reserves. Will Vladimir Putin’s decision to invade Ukraine and Europe’s decision to seek alternative supplies shrink this power irreparably? Gideon talks to the American expert Dan Yergin about the role played by energy in the Ukraine conflict and its implications for the rest of the world.Clips: BBC, ABC, Sky NewsMore on this topic:  Europe at risk of winter energy rationing, energy watchdog warnsLNG revolution: Germany’s plan to wean itself off Russian gas takes shapeSaudi Arabia is increasing supply — so why is the oil price holding firm?Trafigura warns oil prices could reach ‘parabolic state’ in threat to economySubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Gideon talks to Venezuelan economist Moisés Naím about the reasons for the collapse of the political centre in Latin America, and about the tactics used by populist politicians to rise to power in the region and beyond.Clips: Euronews; AP; Al Jazeera; NBC; Andrés Manuel López Obrador channelWant to read more?How the Colombia election could change Latin AmericaColombia’s Rodolfo Hernández goes from also-ran to the brink of powerConservative young Brazilians complicate Lula’s path to presidencySubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design by Breen TurnerRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Russia’s blockade of the port of Odesa is preventing Ukraine from exporting vital supplies of grain to a hungry world. A failure to resolve the problem will lead to food price rises and starvation, resulting in more migration and global unrest, according to David Beasley, head of the UN World Food Programme. He talks to Gideon about what needs to be done to avert catastrophe.Clips: NewsNation, ABC news, CNNWant to read more?Military briefing: Ukraine seeks way to break Russia’s Black Sea blockadePakistan seeks to renegotiate IMF loan as food prices surge‘Millions’ at risk of death as Ukraine war hits food supplies, Egypt warnsWorld’s poorest nations to receive aid amid soaring food pricesSubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design by Breen TurnerRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

The roots of Ukrainian nationalism go back to the second world war, when one prominent group sided briefly with Hitler against the Soviet Union. Gideon talks to Princeton academic Kim Lane Scheppele about the legacy of this group and whether any remnants of its ideology still have influence over the country’s politics and military.Clips: NBC, Open Ukraine, Eurovision Song ContestMore on this topic:  ‘Don’t confuse patriotism and Nazism’: Ukraine’s Azov forces face scrutinyUkraine says rescue under way for troops at Azovstal steel mill in MariupolRussia’s invasion of Ukraine in maps — latest updatesSubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Why do some countries stay poor while others find a rapid path towards growth and development? Economist Stefan Dercon thinks it’s all about the willingness of those in power to prioritise development over protecting their own interests. He explains how he came to this view in conversation with the FT’s Africa editor, David Pilling.Clips: IMF, Africa NewsMore on this topic:  Gambling on Development, by Stefan DerconThe Rachman Review: the rising toll of famine and conflictEthiopia is a tragedy for the whole of AfricaSubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by David Pilling. Produced by Fiona Symon. Sound design is by Breen Turner.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

When Russia invaded Ukraine, a group of countries in the global south, including India and South Africa, held back from the chorus of condemnation led by Europe and the US. Gideon discusses why they have adopted a neutral stance with Tanvi Madan of the Brookings Institution and Elizabeth Sidiropoulos, chief executive of the South African Institute of International Affairs.Clips: Reuters; Republic WorldWant to read more?Nato’s eastern front: will the military build-up make Europe safer?Indonesia under pressure as it weighs buying Russia’s ‘blood oil’How Russia’s war in Ukraine upended the breadbasket of EuropeXi Jinping faces a fateful decision on UkraineSubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design by Breen TurnerRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Russia raised the spectre of nuclear war this week as it struggles to make headway in Ukraine. How seriously should this threat be taken and can Vladimir Putin rely on his friendship with China’s Xi Jinping? Gideon discusses these questions with US political scientist Graham Allison, author of the classic study of the Cuban missile crisis, ‘Essence of Decision’, and of a book on US-China relations, ‘Destined for War’.Clips: ABC, BloombergWant to read more?‘At war with the whole world’: why Putin might be planning a long conflict in UkraineBiden, Putin and the danger of VersaillesRussia’s invasion of Ukraine in maps Subscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design by Jasiu SigsworthRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Gideon talks to former World Trade Organization chief Pascal Lamy about the French election and what political trends in France tell us about nationalism and anti-globalist movements around the world.Clips: France 24Want to read more?‘She’s radiant’: what French voters like about Le Pen this timePatriots vs globalists replaces the left-right divideFrench election polls: the race for the presidencySubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design by Jasiu SigsworthRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

In a country besieged by war, Ukrainian politicians continued to meet in their parliamentary building, despite the clear threat of attack from Russian troops. Ukrainian MP Dmytro Natalukha shares his experiences of keeping parliament running while Kyiv was under siege. As chairman of Ukraine’s economic affairs committee, Natalukha tells how the country’s economy has been ravaged, and how he expects the war will develop over the coming months.Clips: NBC News, BBC, DW News, CNAPresented by Gideon Rachman. Produced by Persis Love. Sound design by Guldem Masa.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.