<description>&lt;p&gt;&lt;a href="https://www.ft.com/gideon-rachman" rel="noopener noreferrer" target="_blank"&gt;Gideon&lt;/a&gt; talks to Lloyd Austin, who served as US defence secretary under the Biden administration, about the need to adapt to new forms of warfare, accusations that he presided over a ‘woke military’ and how he headed off a nuclear threat from Russia in the early days of the Ukraine conflict. &lt;em&gt;Clip: AP&lt;/em&gt;&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;strong&gt;Free links to read more on this topic:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/5f7ba94e-8a42-4f36-8c4c-19be932c8f66?accessToken=zwAAAZ6YjBJ8lM9fe6lOikJPNtOMTBm-kyyPZtP4eosE5oNODtOMZmR9I7_C_89Mq-3DARlMP9OYZwlLfhOY9s8UFJQqsxREPtOLvIwT-gEdjgE.MEUCICkRHLC_1SYjz5b5d5nbuA2g8jUmoY5mtq7W3XbxkcV0AiEA98CTJCqqRo7v9L2w15QKW3g-A6UKA7-_-NFYIeMPu4k&amp;amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank"&gt;US pauses ‘Project Freedom’ as Trump seeks way out of Hormuz impasse&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/f87a8b04-e683-4e0e-8c66-647d23bfc2ff?accessToken=zwAAAZ6YjBJ8lM9fe6lOikJPNtOMTBm-kyyPZtP4eosE5oNODtOMZmR9I7_C_89Mq-3DARlMP9OYZwlLfhOY9s8UFJQqsxREPtOLvIwT-gEdjgE.MEUCICkRHLC_1SYjz5b5d5nbuA2g8jUmoY5mtq7W3XbxkcV0AiEA98CTJCqqRo7v9L2w15QKW3g-A6UKA7-_-NFYIeMPu4k&amp;amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank"&gt;US warns Europe of delays to arms shipments as Iran war drains stockpiles&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/4cabedc3-0119-4c3f-9867-094b7e1398f6?accessToken=zwAAAZ6YjBJ8lM9fe6lOikJPNtOMTBm-kyyPZtP4eosE5oNODtOMZmR9I7_C_89Mq-3DARlMP9OYZwlLfhOY9s8UFJQqsxREPtOLvIwT-gEdjgE.MEUCICkRHLC_1SYjz5b5d5nbuA2g8jUmoY5mtq7W3XbxkcV0AiEA98CTJCqqRo7v9L2w15QKW3g-A6UKA7-_-NFYIeMPu4k&amp;amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank"&gt;Pentagon to pull 5,000 soldiers out of Germany in dispute over Iran war&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/1414942a-b314-443e-8bbc-8c13fa011d8e?accessToken=zwAAAZ6YjBJ8lM9fe6lOikJPNtOMTBm-kyyPZtP4eosE5oNODtOMZmR9I7_C_89Mq-3DARlMP9OYZwlLfhOY9s8UFJQqsxREPtOLvIwT-gEdjgE.MEUCICkRHLC_1SYjz5b5d5nbuA2g8jUmoY5mtq7W3XbxkcV0AiEA98CTJCqqRo7v9L2w15QKW3g-A6UKA7-_-NFYIeMPu4k&amp;amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank"&gt;Donald Trump’s Iran war has cost $25bn, Pentagon says&lt;/a&gt;&lt;/p&gt;&lt;br&gt;&lt;p&gt;Our inaugural FT Weekend Festival in NYC is quickly approaching! Join John Lithgow, Orna Guralnik, Jancis Robinson and more on Saturday, June 20 at Spring Studios or online — as the FT Weekend comes to life for one unforgettable day. Register now and as a podcast listener save 10% off using our code&amp;nbsp;&lt;a href="https://event-registration.ft.com/register/9c3a94ba-a95b-42de-9a27-ff90f2354807/tickets-selection?promo=FTPodcast" rel="noopener noreferrer" target="_blank"&gt;FTPodcast&lt;/a&gt;— this is the Saturday you won’t want to miss it.&lt;/p&gt;&lt;br&gt;&lt;p&gt;Subscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.&lt;/p&gt;&lt;p&gt;Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner.&lt;/p&gt;&lt;p&gt;Follow Gideon on Bluesky or X &lt;a href="https://bsky.app/profile/gideonrachman.bsky.social" rel="noopener noreferrer" target="_blank"&gt;@gideonrachman.bsky.social&lt;/a&gt;, &lt;a href="https://twitter.com/gideonrachman" rel="noopener noreferrer" target="_blank"&gt;@gideonrachman&lt;/a&gt;&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/72e6c15a-0283-4e9b-a740-debf86171b56" rel="noopener noreferrer" target="_blank"&gt;&lt;strong&gt;Read a transcript of this episode on FT.com&lt;/strong&gt;&lt;/a&gt;&lt;/p&gt;&lt;hr&gt;&lt;p style='color:grey; font-size:0.75em;'&gt; Hosted on Acast. See &lt;a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'&gt;acast.com/privacy&lt;/a&gt; for more information.&lt;/p&gt;</description>

Former US defence secretary outlines the strengths and weaknesses of the US military

<a href="https://www.ft.com/gideon-rachman" rel="noopener noreferrer" target="_blank">Gideon</a> talks to Lloyd Austin, who served as US defence secretary under the Biden administration, about the need to adapt to new forms of warfare, accusations that he presided over a ‘woke military’ and how he headed off a nuclear threat from Russia in the early days of the Ukraine conflict. Clip: AP Free links to read more on this topic:<a href="https://www.ft.com/content/5f7ba94e-8a42-4f36-8c4c-19be932c8f66?accessToken=zwAAAZ6YjBJ8lM9fe6lOikJPNtOMTBm-kyyPZtP4eosE5oNODtOMZmR9I7_C_89Mq-3DARlMP9OYZwlLfhOY9s8UFJQqsxREPtOLvIwT-gEdjgE.MEUCICkRHLC_1SYjz5b5d5nbuA2g8jUmoY5mtq7W3XbxkcV0AiEA98CTJCqqRo7v9L2w15QKW3g-A6UKA7-_-NFYIeMPu4k&amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank">US pauses ‘Project Freedom’ as Trump seeks way out of Hormuz impasse</a><a href="https://www.ft.com/content/f87a8b04-e683-4e0e-8c66-647d23bfc2ff?accessToken=zwAAAZ6YjBJ8lM9fe6lOikJPNtOMTBm-kyyPZtP4eosE5oNODtOMZmR9I7_C_89Mq-3DARlMP9OYZwlLfhOY9s8UFJQqsxREPtOLvIwT-gEdjgE.MEUCICkRHLC_1SYjz5b5d5nbuA2g8jUmoY5mtq7W3XbxkcV0AiEA98CTJCqqRo7v9L2w15QKW3g-A6UKA7-_-NFYIeMPu4k&amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank">US warns Europe of delays to arms shipments as Iran war drains stockpiles</a><a href="https://www.ft.com/content/4cabedc3-0119-4c3f-9867-094b7e1398f6?accessToken=zwAAAZ6YjBJ8lM9fe6lOikJPNtOMTBm-kyyPZtP4eosE5oNODtOMZmR9I7_C_89Mq-3DARlMP9OYZwlLfhOY9s8UFJQqsxREPtOLvIwT-gEdjgE.MEUCICkRHLC_1SYjz5b5d5nbuA2g8jUmoY5mtq7W3XbxkcV0AiEA98CTJCqqRo7v9L2w15QKW3g-A6UKA7-_-NFYIeMPu4k&amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank">Pentagon to pull 5,000 soldiers out of Germany in dispute over Iran war</a><a href="https://www.ft.com/content/1414942a-b314-443e-8bbc-8c13fa011d8e?accessToken=zwAAAZ6YjBJ8lM9fe6lOikJPNtOMTBm-kyyPZtP4eosE5oNODtOMZmR9I7_C_89Mq-3DARlMP9OYZwlLfhOY9s8UFJQqsxREPtOLvIwT-gEdjgE.MEUCICkRHLC_1SYjz5b5d5nbuA2g8jUmoY5mtq7W3XbxkcV0AiEA98CTJCqqRo7v9L2w15QKW3g-A6UKA7-_-NFYIeMPu4k&amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank">Donald Trump’s Iran war has cost $25bn, Pentagon says</a> Our inaugural FT Weekend Festival in NYC is quickly approaching! Join John Lithgow, Orna Guralnik, Jancis Robinson and more on Saturday, June 20 at Spring Studios or online — as the FT Weekend comes to life for one unforgettable day. Register now and as a podcast listener save 10% off using our code&nbsp;<a href="https://event-registration.ft.com/register/9c3a94ba-a95b-42de-9a27-ff90f2354807/tickets-selection?promo=FTPodcast" rel="noopener noreferrer" target="_blank">FTPodcast</a>— this is the Saturday you won’t want to miss it. 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 is by Breen Turner.Follow Gideon on Bluesky or X <a href="https://bsky.app/profile/gideonrachman.bsky.social" rel="noopener noreferrer" target="_blank">@gideonrachman.bsky.social</a>, <a href="https://twitter.com/gideonrachman" rel="noopener noreferrer" target="_blank">@gideonrachman</a> <a href="https://www.ft.com/content/72e6c15a-0283-4e9b-a740-debf86171b56" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a><hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

Lloyd Austin on Ukraine, Iran and the lessons of war

<description>&lt;p&gt;&lt;a href="https://www.ft.com/gideon-rachman" rel="noopener noreferrer" target="_blank"&gt;Gideon&lt;/a&gt; talks to Dmytro Kuleba, former Ukrainian foreign minister, about the current state of Russia’s war against Ukraine.&amp;nbsp;What would it take to break the stalemate and how has the conflict been impacted by the US-Israeli attack on Iran? &lt;em&gt;Clips: DW; Reuters&lt;/em&gt;&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;strong&gt;Free links to read more on this topic:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/b8c32f5f-9611-4713-8825-58a703a5bd5d?accessToken=zwAAAZ50MLKZldO4wy9flhFHE9OIJVinA6W9Xc9GQfwwb8lD1NO8hH6gUhp5sc8z1djUp9tGR9OXUcId6OvsuNOSh1FujsFCCdOsvLwzAR7ZFM8bKVJ6bJRFFtOqW8YPuImilgE.MEYCIQCgy5DYmyl_30LJXTgMfJhlfYAl6NsOtbXQ5qXIMWKzFwIhAMddUO85uM_mGFdi4Dqw0p33j4awhsOSfY0GDS-IfE6i&amp;amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank"&gt;Vladimir Putin pares back Victory Day parade over fear of Ukrainian strikes&amp;nbsp;&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/33d5d8d4-a7db-4647-9751-c21de8ebecb8?accessToken=zwAAAZ50MLKZldO4wy9flhFHE9OIJVinA6W9Xc9GQfwwb8lD1NO8hH6gUhp5sc8z1djUp9tGR9OXUcId6OvsuNOSh1FujsFCCdOsvLwzAR7ZFM8bKVJ6bJRFFtOqW8YPuImilgE.MEYCIQCgy5DYmyl_30LJXTgMfJhlfYAl6NsOtbXQ5qXIMWKzFwIhAMddUO85uM_mGFdi4Dqw0p33j4awhsOSfY0GDS-IfE6i&amp;amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank"&gt;US ambassador to Ukraine to leave over differences with Donald Trump&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/9287516e-8ec1-4209-acbc-bc33011ed914?accessToken=zwAAAZ50MLKZldO4wy9flhFHE9OIJVinA6W9Xc9GQfwwb8lD1NO8hH6gUhp5sc8z1djUp9tGR9OXUcId6OvsuNOSh1FujsFCCdOsvLwzAR7ZFM8bKVJ6bJRFFtOqW8YPuImilgE.MEYCIQCgy5DYmyl_30LJXTgMfJhlfYAl6NsOtbXQ5qXIMWKzFwIhAMddUO85uM_mGFdi4Dqw0p33j4awhsOSfY0GDS-IfE6i&amp;amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank"&gt;Ukraine’s drone pilots hit Russian targets from 500km away&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/1b29527a-6c94-4516-aa5b-c60fb889a296?accessToken=zwAAAZ50MLKZldO4wy9flhFHE9OIJVinA6W9Xc9GQfwwb8lD1NO8hH6gUhp5sc8z1djUp9tGR9OXUcId6OvsuNOSh1FujsFCCdOsvLwzAR7ZFM8bKVJ6bJRFFtOqW8YPuImilgE.MEYCIQCgy5DYmyl_30LJXTgMfJhlfYAl6NsOtbXQ5qXIMWKzFwIhAMddUO85uM_mGFdi4Dqw0p33j4awhsOSfY0GDS-IfE6i&amp;amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank"&gt;Toxic rain falls on Russian city after refinery blaze&lt;/a&gt;&lt;/p&gt;&lt;br&gt;&lt;p&gt;Subscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.&lt;/p&gt;&lt;p&gt;Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner.&lt;/p&gt;&lt;p&gt;Follow Gideon on Bluesky or X &lt;a href="https://bsky.app/profile/gideonrachman.bsky.social" rel="noopener noreferrer" target="_blank"&gt;@gideonrachman.bsky.social&lt;/a&gt;, &lt;a href="https://twitter.com/gideonrachman" rel="noopener noreferrer" target="_blank"&gt;@gideonrachman&lt;/a&gt;&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/2b53272d-0533-4f5d-912d-56ef51b0c81b?syn-25a6b1a6=1" rel="noopener noreferrer" target="_blank"&gt;&lt;strong&gt;Read a transcript of this episode on FT.com&lt;/strong&gt;&lt;/a&gt;&lt;/p&gt;&lt;hr&gt;&lt;p style='color:grey; font-size:0.75em;'&gt; Hosted on Acast. See &lt;a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'&gt;acast.com/privacy&lt;/a&gt; for more information.&lt;/p&gt;</description>

The Iran war has empowered Putin but Kyiv is fighting back

<a href="https://www.ft.com/gideon-rachman" rel="noopener noreferrer" target="_blank">Gideon</a> talks to Dmytro Kuleba, former Ukrainian foreign minister, about the current state of Russia’s war against Ukraine.&nbsp;What would it take to break the stalemate and how has the conflict been impacted by the US-Israeli attack on Iran? Clips: DW; Reuters Free links to read more on this topic:<a href="https://www.ft.com/content/b8c32f5f-9611-4713-8825-58a703a5bd5d?accessToken=zwAAAZ50MLKZldO4wy9flhFHE9OIJVinA6W9Xc9GQfwwb8lD1NO8hH6gUhp5sc8z1djUp9tGR9OXUcId6OvsuNOSh1FujsFCCdOsvLwzAR7ZFM8bKVJ6bJRFFtOqW8YPuImilgE.MEYCIQCgy5DYmyl_30LJXTgMfJhlfYAl6NsOtbXQ5qXIMWKzFwIhAMddUO85uM_mGFdi4Dqw0p33j4awhsOSfY0GDS-IfE6i&amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank">Vladimir Putin pares back Victory Day parade over fear of Ukrainian strikes&nbsp;</a><a href="https://www.ft.com/content/33d5d8d4-a7db-4647-9751-c21de8ebecb8?accessToken=zwAAAZ50MLKZldO4wy9flhFHE9OIJVinA6W9Xc9GQfwwb8lD1NO8hH6gUhp5sc8z1djUp9tGR9OXUcId6OvsuNOSh1FujsFCCdOsvLwzAR7ZFM8bKVJ6bJRFFtOqW8YPuImilgE.MEYCIQCgy5DYmyl_30LJXTgMfJhlfYAl6NsOtbXQ5qXIMWKzFwIhAMddUO85uM_mGFdi4Dqw0p33j4awhsOSfY0GDS-IfE6i&amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank">US ambassador to Ukraine to leave over differences with Donald Trump</a><a href="https://www.ft.com/content/9287516e-8ec1-4209-acbc-bc33011ed914?accessToken=zwAAAZ50MLKZldO4wy9flhFHE9OIJVinA6W9Xc9GQfwwb8lD1NO8hH6gUhp5sc8z1djUp9tGR9OXUcId6OvsuNOSh1FujsFCCdOsvLwzAR7ZFM8bKVJ6bJRFFtOqW8YPuImilgE.MEYCIQCgy5DYmyl_30LJXTgMfJhlfYAl6NsOtbXQ5qXIMWKzFwIhAMddUO85uM_mGFdi4Dqw0p33j4awhsOSfY0GDS-IfE6i&amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank">Ukraine’s drone pilots hit Russian targets from 500km away</a><a href="https://www.ft.com/content/1b29527a-6c94-4516-aa5b-c60fb889a296?accessToken=zwAAAZ50MLKZldO4wy9flhFHE9OIJVinA6W9Xc9GQfwwb8lD1NO8hH6gUhp5sc8z1djUp9tGR9OXUcId6OvsuNOSh1FujsFCCdOsvLwzAR7ZFM8bKVJ6bJRFFtOqW8YPuImilgE.MEYCIQCgy5DYmyl_30LJXTgMfJhlfYAl6NsOtbXQ5qXIMWKzFwIhAMddUO85uM_mGFdi4Dqw0p33j4awhsOSfY0GDS-IfE6i&amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank">Toxic rain falls on Russian city after refinery blaze</a> 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 is by Breen Turner.Follow Gideon on Bluesky or X <a href="https://bsky.app/profile/gideonrachman.bsky.social" rel="noopener noreferrer" target="_blank">@gideonrachman.bsky.social</a>, <a href="https://twitter.com/gideonrachman" rel="noopener noreferrer" target="_blank">@gideonrachman</a> <a href="https://www.ft.com/content/2b53272d-0533-4f5d-912d-56ef51b0c81b?syn-25a6b1a6=1" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a><hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

Ukraine’s ‘existential’ battle with Russia

<description>&lt;p&gt;Those who do not study history may be destined to repeat it . . . and lose money. The Story of Money is a new podcast from The Financial Times exploring the past to see where the next opportunities — and disasters — may lie. Hosted by FT columnist Gillian Tett and FT Alphaville editor Robin Wigglesworth, The Story of Money explores the history of global finance through the people, ideas, events, and institutions that have shaped it. From unregulated frontier banking experiments in 19th-century America to institutionalised debt forgiveness in ancient Mesopotamia, The Story of Money traces how financial systems evolve — and why familiar patterns often repeat — offering context for everything from market cycles to emerging AI trends.&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;a href="https://www.youtube.com/watch?v=umScAG4LeP0" rel="noopener noreferrer" target="_blank"&gt;Watch episode 1:&amp;nbsp;They are history’s geniuses. But were they any good at investing?&lt;/a&gt;&lt;/p&gt;&lt;hr&gt;&lt;p style='color:grey; font-size:0.75em;'&gt; Hosted on Acast. See &lt;a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'&gt;acast.com/privacy&lt;/a&gt; for more information.&lt;/p&gt;</description>

A new video podcast from The FT exploring the history of finance

Those who do not study history may be destined to repeat it . . . and lose money. The Story of Money is a new podcast from The Financial Times exploring the past to see where the next opportunities — and disasters — may lie. Hosted by FT columnist Gillian Tett and FT Alphaville editor Robin Wigglesworth, The Story of Money explores the history of global finance through the people, ideas, events, and institutions that have shaped it. From unregulated frontier banking experiments in 19th-century America to institutionalised debt forgiveness in ancient Mesopotamia, The Story of Money traces how financial systems evolve — and why familiar patterns often repeat — offering context for everything from market cycles to emerging AI trends. <a href="https://www.youtube.com/watch?v=umScAG4LeP0" rel="noopener noreferrer" target="_blank">Watch episode 1:&nbsp;They are history’s geniuses. But were they any good at investing?</a><hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

Introducing: The Story of Money

<description>&lt;p&gt;&lt;a href="https://www.ft.com/gideon-rachman" rel="noopener noreferrer" target="_blank"&gt;Gideon&lt;/a&gt; discusses why the Iran conflict is proving so difficult to end with Michael Singh and Dana Stroul of the Washington Institute for Near East Policy. What are the options on the table for both sides and can America’s allies play a useful role? &lt;em&gt;Clip: New York Post&lt;/em&gt;&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;strong&gt;Free links to read more on this topic:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/84566148-26de-4bb7-9d7c-d943c4c904ca?accessToken=zwAAAZ5LloFrlNOEVmFIJt5Lt9OdfNlDxMkEys8h3_LHHidPdNOB2DHc2-kYjtOjSOXgydNCTNO4qXkD-oF7fdO9DjJTdMpO89OGtM5h18cU7QE.MEUCIQC75-mzw5BfC7ssRXRRLKYtFnpQhAh-48LP266ABZCHKgIgJuqPcDR64dwbDX0XljeDTMrRCuoElD-EvPfGf518NfU&amp;amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank"&gt;The Iran crisis has not yet peaked&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/21dff2c7-1e27-4f74-81d8-31dcdbe9188e?accessToken=zwAAAZ5LloFrlNOEVmFIJt5Lt9OdfNlDxMkEys8h3_LHHidPdNOB2DHc2-kYjtOjSOXgydNCTNO4qXkD-oF7fdO9DjJTdMpO89OGtM5h18cU7QE.MEUCIQC75-mzw5BfC7ssRXRRLKYtFnpQhAh-48LP266ABZCHKgIgJuqPcDR64dwbDX0XljeDTMrRCuoElD-EvPfGf518NfU&amp;amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank"&gt;Iranian tankers bypass US blockade&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/a348e5e0-c9d3-424c-b8a9-7903fa817b7d?accessToken=zwAAAZ5LloFrlNOEVmFIJt5Lt9OdfNlDxMkEys8h3_LHHidPdNOB2DHc2-kYjtOjSOXgydNCTNO4qXkD-oF7fdO9DjJTdMpO89OGtM5h18cU7QE.MEUCIQC75-mzw5BfC7ssRXRRLKYtFnpQhAh-48LP266ABZCHKgIgJuqPcDR64dwbDX0XljeDTMrRCuoElD-EvPfGf518NfU&amp;amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank"&gt;Macron and Starmer to hold summit on plan to secure Strait of Hormuz&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/bd0e3253-74ca-4ef3-86b4-ce61d7c714ed?accessToken=zwAAAZ5LloFrlNOEVmFIJt5Lt9OdfNlDxMkEys8h3_LHHidPdNOB2DHc2-kYjtOjSOXgydNCTNO4qXkD-oF7fdO9DjJTdMpO89OGtM5h18cU7QE.MEUCIQC75-mzw5BfC7ssRXRRLKYtFnpQhAh-48LP266ABZCHKgIgJuqPcDR64dwbDX0XljeDTMrRCuoElD-EvPfGf518NfU&amp;amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank"&gt;Lufthansa cuts 20,000 flights to save fuel as prices soar&lt;/a&gt;&lt;/p&gt;&lt;br&gt;&lt;p&gt;Subscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.&lt;/p&gt;&lt;p&gt;Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner.&lt;/p&gt;&lt;p&gt;Follow Gideon on Bluesky or X &lt;a href="https://bsky.app/profile/gideonrachman.bsky.social" rel="noopener noreferrer" target="_blank"&gt;@gideonrachman.bsky.social&lt;/a&gt;, &lt;a href="https://twitter.com/gideonrachman" rel="noopener noreferrer" target="_blank"&gt;@gideonrachman&lt;/a&gt;&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/a4c6ac40-e8f5-409a-8297-0af9a10af6c0" rel="noopener noreferrer" target="_blank"&gt;&lt;strong&gt;Read a transcript of this episode on FT.com&lt;/strong&gt;&lt;/a&gt;&lt;/p&gt;&lt;hr&gt;&lt;p style='color:grey; font-size:0.75em;'&gt; Hosted on Acast. See &lt;a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'&gt;acast.com/privacy&lt;/a&gt; for more information.&lt;/p&gt;</description>

‘Epic Fury’ turns into ‘Economic Fury’

<a href="https://www.ft.com/gideon-rachman" rel="noopener noreferrer" target="_blank">Gideon</a> discusses why the Iran conflict is proving so difficult to end with Michael Singh and Dana Stroul of the Washington Institute for Near East Policy. What are the options on the table for both sides and can America’s allies play a useful role? Clip: New York Post Free links to read more on this topic:<a href="https://www.ft.com/content/84566148-26de-4bb7-9d7c-d943c4c904ca?accessToken=zwAAAZ5LloFrlNOEVmFIJt5Lt9OdfNlDxMkEys8h3_LHHidPdNOB2DHc2-kYjtOjSOXgydNCTNO4qXkD-oF7fdO9DjJTdMpO89OGtM5h18cU7QE.MEUCIQC75-mzw5BfC7ssRXRRLKYtFnpQhAh-48LP266ABZCHKgIgJuqPcDR64dwbDX0XljeDTMrRCuoElD-EvPfGf518NfU&amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank">The Iran crisis has not yet peaked</a><a href="https://www.ft.com/content/21dff2c7-1e27-4f74-81d8-31dcdbe9188e?accessToken=zwAAAZ5LloFrlNOEVmFIJt5Lt9OdfNlDxMkEys8h3_LHHidPdNOB2DHc2-kYjtOjSOXgydNCTNO4qXkD-oF7fdO9DjJTdMpO89OGtM5h18cU7QE.MEUCIQC75-mzw5BfC7ssRXRRLKYtFnpQhAh-48LP266ABZCHKgIgJuqPcDR64dwbDX0XljeDTMrRCuoElD-EvPfGf518NfU&amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank">Iranian tankers bypass US blockade</a><a href="https://www.ft.com/content/a348e5e0-c9d3-424c-b8a9-7903fa817b7d?accessToken=zwAAAZ5LloFrlNOEVmFIJt5Lt9OdfNlDxMkEys8h3_LHHidPdNOB2DHc2-kYjtOjSOXgydNCTNO4qXkD-oF7fdO9DjJTdMpO89OGtM5h18cU7QE.MEUCIQC75-mzw5BfC7ssRXRRLKYtFnpQhAh-48LP266ABZCHKgIgJuqPcDR64dwbDX0XljeDTMrRCuoElD-EvPfGf518NfU&amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank">Macron and Starmer to hold summit on plan to secure Strait of Hormuz</a><a href="https://www.ft.com/content/bd0e3253-74ca-4ef3-86b4-ce61d7c714ed?accessToken=zwAAAZ5LloFrlNOEVmFIJt5Lt9OdfNlDxMkEys8h3_LHHidPdNOB2DHc2-kYjtOjSOXgydNCTNO4qXkD-oF7fdO9DjJTdMpO89OGtM5h18cU7QE.MEUCIQC75-mzw5BfC7ssRXRRLKYtFnpQhAh-48LP266ABZCHKgIgJuqPcDR64dwbDX0XljeDTMrRCuoElD-EvPfGf518NfU&amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank">Lufthansa cuts 20,000 flights to save fuel as prices soar</a> 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 is by Breen Turner.Follow Gideon on Bluesky or X <a href="https://bsky.app/profile/gideonrachman.bsky.social" rel="noopener noreferrer" target="_blank">@gideonrachman.bsky.social</a>, <a href="https://twitter.com/gideonrachman" rel="noopener noreferrer" target="_blank">@gideonrachman</a> <a href="https://www.ft.com/content/a4c6ac40-e8f5-409a-8297-0af9a10af6c0" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a><hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

Trump finds it’s easier to start a war than to end one

<description>&lt;p&gt;&lt;a href="https://www.ft.com/gideon-rachman" rel="noopener noreferrer" target="_blank"&gt;Gideon&lt;/a&gt; discusses possible negotiated solutions to the Iran war with Suzanne Maloney of the Brookings Institution.&amp;nbsp;What do&amp;nbsp;Tehran's leaders&amp;nbsp;want and how long can they hold out for a winning&amp;nbsp;settlement&amp;nbsp;that will ease the country’s economic pain?&amp;nbsp;What are the stakes for Trump and the global economy?&amp;nbsp;And what role, if any, can Gulf countries play in curbing the regime’s power to blight progress in the region? &lt;em&gt;Clip: Fox News&lt;/em&gt;&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;strong&gt;Free links to read more on this topic:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/2f1cbc7d-eeab-40e4-b940-61bf8b1e7959?accessToken=zwAAAZ4svxMTlc8vHLx97qtA5NO5QGG_ix55WdO_bUiYjDJKyNOt2vsm-CQKvs8f3dLNEpROnNOhfV6gazmTVdPeycUQndhDS9Or6F-ey7QeVdOaLhfpPWZAf9OBxProps6uEAE.MEUCIQD_OOFKQYX89kz2yAhOHARMJ6aPraa6zzlcFiHwt3UFFAIgEDYGWgLU-RkQSDuDYFFGQOuEECwDbQkac4e_q36qX_A&amp;amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank"&gt;Why time is on Iran’s side&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/bf6d4898-8c32-4ac8-adda-fb26f8240abe?accessToken=zwAAAZ4svxMTlc8vHLx97qtA5NO5QGG_ix55WdO_bUiYjDJKyNOt2vsm-CQKvs8f3dLNEpROnNOhfV6gazmTVdPeycUQndhDS9Or6F-ey7QeVdOaLhfpPWZAf9OBxProps6uEAE.MEUCIQD_OOFKQYX89kz2yAhOHARMJ6aPraa6zzlcFiHwt3UFFAIgEDYGWgLU-RkQSDuDYFFGQOuEECwDbQkac4e_q36qX_A&amp;amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank"&gt;Iran is America’s Suez crisis — and just as ridiculous&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/1fddd2cd-1294-4e9c-a17d-5ea06b399355?accessToken=zwAAAZ4svxMTlc8vHLx97qtA5NO5QGG_ix55WdO_bUiYjDJKyNOt2vsm-CQKvs8f3dLNEpROnNOhfV6gazmTVdPeycUQndhDS9Or6F-ey7QeVdOaLhfpPWZAf9OBxProps6uEAE.MEUCIQD_OOFKQYX89kz2yAhOHARMJ6aPraa6zzlcFiHwt3UFFAIgEDYGWgLU-RkQSDuDYFFGQOuEECwDbQkac4e_q36qX_A&amp;amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank"&gt;Iran used Chinese spy satellite to target US bases&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/dec9c510-9dd8-434b-abe8-5f9ecbb41e55?accessToken=zwAAAZ4svxMTlc8vHLx97qtA5NO5QGG_ix55WdO_bUiYjDJKyNOt2vsm-CQKvs8f3dLNEpROnNOhfV6gazmTVdPeycUQndhDS9Or6F-ey7QeVdOaLhfpPWZAf9OBxProps6uEAE.MEUCIQD_OOFKQYX89kz2yAhOHARMJ6aPraa6zzlcFiHwt3UFFAIgEDYGWgLU-RkQSDuDYFFGQOuEECwDbQkac4e_q36qX_A&amp;amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank"&gt;Iran faces halt to oil production within weeks if US blockade succeeds&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/9a2e17e9-3d66-407f-81c4-fae8a6ceae10?accessToken=zwAAAZ4svxMTlc8vHLx97qtA5NO5QGG_ix55WdO_bUiYjDJKyNOt2vsm-CQKvs8f3dLNEpROnNOhfV6gazmTVdPeycUQndhDS9Or6F-ey7QeVdOaLhfpPWZAf9OBxProps6uEAE.MEUCIQD_OOFKQYX89kz2yAhOHARMJ6aPraa6zzlcFiHwt3UFFAIgEDYGWgLU-RkQSDuDYFFGQOuEECwDbQkac4e_q36qX_A&amp;amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank"&gt;Life inside Iran’s internet blackout&lt;/a&gt;&lt;/p&gt;&lt;br&gt;&lt;p&gt;Subscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.&lt;/p&gt;&lt;p&gt;Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Sean McGarrity.&lt;/p&gt;&lt;p&gt;Follow Gideon on Bluesky or X &lt;a href="https://bsky.app/profile/gideonrachman.bsky.social" rel="noopener noreferrer" target="_blank"&gt;@gideonrachman.bsky.social&lt;/a&gt;, &lt;a href="https://twitter.com/gideonrachman" rel="noopener noreferrer" target="_blank"&gt;@gideonrachman&lt;/a&gt;&lt;/p&gt;&lt;br&gt;&lt;p&gt;&lt;a href="https://www.ft.com/content/b7c8922e-1fd6-4257-b730-d429e503501a" rel="noopener noreferrer" target="_blank"&gt;&lt;strong&gt;Read a transcript of this episode on FT.com&lt;/strong&gt;&lt;/a&gt;&lt;/p&gt;&lt;hr&gt;&lt;p style='color:grey; font-size:0.75em;'&gt; Hosted on Acast. See &lt;a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'&gt;acast.com/privacy&lt;/a&gt; for more information.&lt;/p&gt;</description>

Hormuz stand-off raises the stakes for Trump

<a href="https://www.ft.com/gideon-rachman" rel="noopener noreferrer" target="_blank">Gideon</a> discusses possible negotiated solutions to the Iran war with Suzanne Maloney of the Brookings Institution.&nbsp;What do&nbsp;Tehran's leaders&nbsp;want and how long can they hold out for a winning&nbsp;settlement&nbsp;that will ease the country’s economic pain?&nbsp;What are the stakes for Trump and the global economy?&nbsp;And what role, if any, can Gulf countries play in curbing the regime’s power to blight progress in the region? Clip: Fox News Free links to read more on this topic:<a href="https://www.ft.com/content/2f1cbc7d-eeab-40e4-b940-61bf8b1e7959?accessToken=zwAAAZ4svxMTlc8vHLx97qtA5NO5QGG_ix55WdO_bUiYjDJKyNOt2vsm-CQKvs8f3dLNEpROnNOhfV6gazmTVdPeycUQndhDS9Or6F-ey7QeVdOaLhfpPWZAf9OBxProps6uEAE.MEUCIQD_OOFKQYX89kz2yAhOHARMJ6aPraa6zzlcFiHwt3UFFAIgEDYGWgLU-RkQSDuDYFFGQOuEECwDbQkac4e_q36qX_A&amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank">Why time is on Iran’s side</a><a href="https://www.ft.com/content/bf6d4898-8c32-4ac8-adda-fb26f8240abe?accessToken=zwAAAZ4svxMTlc8vHLx97qtA5NO5QGG_ix55WdO_bUiYjDJKyNOt2vsm-CQKvs8f3dLNEpROnNOhfV6gazmTVdPeycUQndhDS9Or6F-ey7QeVdOaLhfpPWZAf9OBxProps6uEAE.MEUCIQD_OOFKQYX89kz2yAhOHARMJ6aPraa6zzlcFiHwt3UFFAIgEDYGWgLU-RkQSDuDYFFGQOuEECwDbQkac4e_q36qX_A&amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank">Iran is America’s Suez crisis — and just as ridiculous</a><a href="https://www.ft.com/content/1fddd2cd-1294-4e9c-a17d-5ea06b399355?accessToken=zwAAAZ4svxMTlc8vHLx97qtA5NO5QGG_ix55WdO_bUiYjDJKyNOt2vsm-CQKvs8f3dLNEpROnNOhfV6gazmTVdPeycUQndhDS9Or6F-ey7QeVdOaLhfpPWZAf9OBxProps6uEAE.MEUCIQD_OOFKQYX89kz2yAhOHARMJ6aPraa6zzlcFiHwt3UFFAIgEDYGWgLU-RkQSDuDYFFGQOuEECwDbQkac4e_q36qX_A&amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank">Iran used Chinese spy satellite to target US bases</a><a href="https://www.ft.com/content/dec9c510-9dd8-434b-abe8-5f9ecbb41e55?accessToken=zwAAAZ4svxMTlc8vHLx97qtA5NO5QGG_ix55WdO_bUiYjDJKyNOt2vsm-CQKvs8f3dLNEpROnNOhfV6gazmTVdPeycUQndhDS9Or6F-ey7QeVdOaLhfpPWZAf9OBxProps6uEAE.MEUCIQD_OOFKQYX89kz2yAhOHARMJ6aPraa6zzlcFiHwt3UFFAIgEDYGWgLU-RkQSDuDYFFGQOuEECwDbQkac4e_q36qX_A&amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank">Iran faces halt to oil production within weeks if US blockade succeeds</a><a href="https://www.ft.com/content/9a2e17e9-3d66-407f-81c4-fae8a6ceae10?accessToken=zwAAAZ4svxMTlc8vHLx97qtA5NO5QGG_ix55WdO_bUiYjDJKyNOt2vsm-CQKvs8f3dLNEpROnNOhfV6gazmTVdPeycUQndhDS9Or6F-ey7QeVdOaLhfpPWZAf9OBxProps6uEAE.MEUCIQD_OOFKQYX89kz2yAhOHARMJ6aPraa6zzlcFiHwt3UFFAIgEDYGWgLU-RkQSDuDYFFGQOuEECwDbQkac4e_q36qX_A&amp;segmentId=8978e9c0-1eba-4a83-da29-db2c2eaf2e61" rel="noopener noreferrer" target="_blank">Life inside Iran’s internet blackout</a> 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 is by Sean McGarrity.Follow Gideon on Bluesky or X <a href="https://bsky.app/profile/gideonrachman.bsky.social" rel="noopener noreferrer" target="_blank">@gideonrachman.bsky.social</a>, <a href="https://twitter.com/gideonrachman" rel="noopener noreferrer" target="_blank">@gideonrachman</a> <a href="https://www.ft.com/content/b7c8922e-1fd6-4257-b730-d429e503501a" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a><hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

Iran war: What does Tehran want and will it get it?

Gideon Rachman, the Financial Times chief foreign affairs columnist talks to the decision-makers and thinkers who are shaping world affairs.<hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

Gideon Rachman, the Financial Times chief foreign affairs columnist, takes you with him on his travels, as he meets the decision-makers and thinkers who are shaping world affairs

The Rachman Review

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