The Rachman Review
Financial Times
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Gideon Rachman, the Financial Times chief foreign affairs columnist, talks to the decision-makers and thinkers who are shaping world affairs.
Episodes
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Are we sleepwalking into a third world war? 22.10.2026 34mA third world war may seem a distant prospect to the general public, but to world leaders, it’s very real. In recent years, In recent years, presidents Donald Trump and Xi Jinping along with Nato secretary-general Mark Rutte have all alluded to the possibility of a global conflict. International wars are ongoing in Europe and the Middle East, while China’s designs on Taiwan are no secret. Are we sleepwalking into a third world war? Gideon discusses his new book, War is Interested in You with foreign editor Alec Russell. Clip: FTSubscribe to Gideon’s show on Apple, Spotify, Pocket Casts or wherever you listen.Further reading: Are we sleepwalking into World War III?Presented by Alec Russell. Produced by Mischa Frankl-Duval. Manuela Saragosa is the executive producer. 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. -
What’s at stake in the Saudi-Houthi conflict? 15.10.2026 28mSaturday’s missile strike on King Khalid International Airport in Riyadh was the deadliest attack on Saudi Arabia since the US and Israel’s war on Iran began in February. By bringing the conflict to the heart of Saudi Arabia, Houthi rebels are hoping to inflict economic damage on the kingdom, which is in the midst of an ambitious programme to diversify away from oil. How effective has the Houthi campaign been so far? How will Saudi’s allies, including the US, Turkey and Pakistan, react to this danger? And why are the Houthis so hard to defeat? Gideon speaks to Emile Hokayem of the International Institute for Strategic Studies. Clip: BBC NewsSubscribe to Gideon’s show on Apple, Spotify, Pocket Casts or wherever you listen.Further reading: Military briefing: Houthis expose limits of Saudi Arabia’s vast arsenalHouthi assault on Saudi airports strikes at MBS’s economic visionHouthis attack Saudi Aramco headquartersPresented by Gideon Rachman. Produced by Mischa Frankl-Duval. The senior producer was Laurence Knight. Sound design is by Samantha Giovinco and Breen Turner.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information. -
What would a Bolsonaro victory in Brazil mean for the world? 08.10.2026 29mFlávio Bolsonaro took a clear lead in the first round of Brazil’s presidential election, and is the favourite to assume power after a run-off against the incumbent, Lula Ignacio da Silva, later this month. Will Flávio, who is the son of imprisoned former president Jair Bolsonaro, follow his father’s playbook, by cosying up to Trump and slashing environmental regulations – or will he follow a more moderate path? Gideon speaks to Oliver Stuenkel, a professor at the Getulio Vargas Foundation in Brazil and fellow with the Carnegie Endowment in Washington, to find out how a Bolsonaro victory would change Brazil. They discuss Brazil’s relations with the US, China, and its Latin American neighbours: and they examine why whoever wins the Brazilian election is unlikely to have a long honeymoon period. Clips: APTSubscribe to Gideon’s show on Apple, Spotify, Pocket Casts or wherever you listen.Further reading: Brazil’s Bolsonaro dynasty closes in on stunning comebackBrazil’s Bolsonaro comeback exposes Lula’s weaknessBrazil’s markets surge as investors bet on Flávio Bolsonaro election winPresented by Gideon Rachman. Produced by Mischa Frankl-Duval. The executive producer is Manuela Saragosa. Sound design is by Sean McGarrityRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information. -
Could AI really end humanity? 01.10.2026 31mHigh-profile AI safety incidents, as well as warnings from industry figures about AI’s rapid progress, have stoked a new wave of fear about the future of humanity. Artificial intelligence systems are becoming more and more capable. Can we regulate this technology effectively – or is it too late to put the AI genie back in the bottle? Gideon speaks to Toby Ord, senior researcher at Oxford university’s AI Governance Institute, and author of ‘The Precipice: Existential Risk and the Future of Humanity.’Clip: C-SpanSubscribe to Gideon’s show on Apple, Spotify, Pocket Casts or wherever you listen.Further reading: Anthropic warns of ‘existential risks to humanity’ in IPO prospectusWhy the AI race has its creators fearing human extinctionDonald Trump praises tech bosses’ ‘self-regulation’ of AIPresented by Gideon Rachman. Produced by Mischa Frankl-Duval. The executive producer is Manuela Saragosa. Sound design is by Samantha Giovinco and Breen Turner.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information. -
Francis Fukuyama on democracy, AI and his own intellectual journey 24.09.2026 30mMore than three decades after The End of History and the Last Man made Francis Fukuyama one of the world’s best-known political thinkers, he is still correcting misconceptions about what he actually meant. In a wide-ranging conversation with host Gideon Rachman, Fukuyama revisits his original thesis and explores how resentment and the search for recognition are reshaping liberal democracy. They also discuss whether US institutions can withstand Donald Trump’s authoritarian impulses, why Fukuyama remains optimistic about American democracy, China and Russia’s quest for status, and his own intellectual journey away from neoconservatism. Cip: BBCFree links to read more on this topic:In the Realm of the Last Man — how the future disappeared from politicsA German election result heard around the worldA spreading war threatens Trump and MBSSupreme Court rejects Donald Trump’s restrictions on mail-in ballots for midtermsSubscribe to The Rachman Review wherever you get your podcasts — please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Clare Williamson. Executive producer is Manuela Saragosa. Sound design is by Breen TurnerRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information. -
David Miliband: ‘Peacemaking has gone into retreat’ 17.09.2026 29mThe world is experiencing a record number of conflicts, just as governments retreat from international aid and diplomacy to leave a more politically fragmented international landscape in their wake. That is the view of David Miliband, the former UK foreign secretary and president of the International Rescue Committee, in conversation with host Gideon Rachman. They discuss the escalating conflict in the Middle East, the collapse in humanitarian funding and whether middle powers can ever fill the vacuum left by the US. Clip: Al JazeeraWant more? Free links:Fragile states in Africa and Middle East hit by more than 40% cut in UK direct aidLife on the frontline against EbolaHow will UK foreign policy change under Ed Miliband?Donald Trump reboots foreign aid with cash-for-data strategyPresented by Gideon Rachman. The executive producer is Manuela Saragosa. Sound design by Breen Turner and Sam GiovincoRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information. -
The world at war 10.09.2026 32mWar is raging in Ukraine, the Middle East and Sudan, while tensions are rising between China and Taiwan. What is driving this surge in global conflict, how should we respond and where, if anywhere, are the prospects for peace? Gideon is joined by Sir John Sawers, former head of MI6; Tom Tugendhat, the UK’s new shadow foreign secretary; and Kim Ghattas, FT contributing editor and author of Black Wave. They discuss how today’s conflicts are connected, the risk of further escalation and the importance of ending a war well. This episode is an edited recording of an event organised by FT Weekend Festival. Clip: CBS NewsFree links to read more on this topic:Trump envoys take Ukraine peace proposal to meeting with PutinTrump envoys hold talks with Zelenskyy in Kyiv after meeting Putin in MoscowRussia launches missile strikes against Kyiv as pause in raids endsWhy the US and Iran keep escalatingLebanon warns of ‘dangerous escalation’ after Israeli strikesSubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Clare Williamson. Sound design is by Breen TurnerRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information. -
Will Bessent’s ‘economic D-Day’ break Iran? 03.09.2026 31mUS Treasury secretary Scott Bessent is calling for an “economic D-Day” for the Iranian regime while threatening secondary sanctions on countries that do business with the country. Will this be more effective than previous attempts at economic pressure? What impact will this have on US relations with China? And how will energy markets react? Sasha Polakow-Suransky, executive opinion editor, speaks with Emma Ashford, Stimson Center senior fellow and Foreign Policy columnist, about Washington’s latest Iran sanctions push dubbed Operation Economic Outcast. Clip: CBS NewsJoin us at the FT Weekend Festival on Saturday, September 5 at Kenwood House Gardens in London, and spend the day with FT journalists and leading voices across business, politics, economics, culture and the arts. FT podcast listeners can save 10% off tickets with the code FTPODCAST. Click on this link to find out more.Free links to read more on this topic:US launches further strikes on Iran as conflict flares upEnergy price surge hits bond markets as European gas reaches three-year highDonald Trump says US will hit Iran ‘hard’ as conflict reignites Scott Bessent: an economic D-Day is coming for IranScott Bessent threatens Iran’s economic partners with more sanctionsIs China’s ‘wise camel’ the winner from the US-Iran war?Subscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Sasha Polakow-Suransky. Produced by Clare Williamson. Sound design is by Breen TurnerRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information. -
Making the UN great again 27.08.2026 25mThe UN is choosing a new secretary-general at a time when it’s struggling to remain relevant. Sidelined in the wars in Ukraine, Sudan and the Middle East, and facing a severe funding crisis, the organisation is under growing pressure. This week, guest host Alec Russell speaks to Thant Myint-U, a former UN official, author and the grandson of former UN secretary-general U Thant, about the challenges its new leader will face. Clip: AP ArchiveFree links to read more on this topic:António Guterres on the future of the UNSuperpowers are discovering their limits, says UN chiefThe new world order? Every man for himselfWanted: a leader to rescue the UNNuclear watchdog chief pitches ‘leaner’ UN in secretary-general bidSubscribe to The Rachman Review wherever you get your podcasts Join us at the FT Weekend Festival on Saturday, September 5 at Kenwood House Gardens in London and spend the day with FT journalists and leading voices across business, politics, economics, culture and the arts. FT podcast listeners can save 10% off tickets with the code FTPODCAST. Click on this link to find out more.Follow Alec on X @alecurussellPresented by Alec Russell. Produced by Clare Williamson. 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. -
The making of the modern Middle East 20.08.2026 26mGideon Rachman speaks to historian and author Simon Sebag Montefiore about his new book, The Cauldron: The Making of the Modern Middle East. They discuss the forces that shaped the region, from the Ottoman Empire and Ataturk to the ongoing tensions between the US, Israel and Iran. Gideon and Simon examine the region's complexities and interconnectedness and whether lessons from the past can offer a glimpse into the future. CLIP: British PathéJoin us at the FT Weekend Festival on Saturday, September 5 at Kenwood House Gardens in London and spend the day with FT journalists and leading voices across business, politics, economics, culture and the arts. FT podcast listeners can save 10% off tickets with the code FTPODCAST. Click on this link to find out more.Follow Gideon on Bluesky or X @gideonrachman.bsky.social, @gideonrachmanWant more? Free links:Israeli settlers besiege Palestinian homesThe exodus from IsraelEgypt deploys jets to UAE as Iran war strains Arab alliancesFar-right Israeli minister advocates killing ‘30 to 40’ Gazans each nightIsrael moves to give police powers in occupied West BankFar-right Israeli minister advocates killing ‘30 to 40’ Gazans each nightSubscribe to The Rachman Review wherever you get your podcasts Presented by Gideon Rachman. Produced by Clare Williamson. 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. -
Iran’s growing strategic ambitions 13.08.2026 29mGideon talks to Vali Nasr, author of Iran’s Grand Strategy and professor of Middle Eastern Studies at Johns Hopkins University, SAIS, about how the balance of power in the Middle East is changing. After six months of on-off hostilities, Nasr argues, Iran’s core aims are unchanged - ending the US threat and securing economic relief. But Iran now looks to have the upper hand and is using its leverage from controlling the Strait of Hormuz to seek ever more far-reaching concessions from the superpower. Clip: CTVFree links to read more on this topic:Will failure in Iran reshape how the US fights?Iran’s supreme leader elevates loyalists as he tightens gripTrump and the failure of the Fafo doctrineBrinkmanship in the Strait of HormuzIsrael’s campaign to make southern Lebanon ‘unliveable’ Subscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Clare Williamson. Sound design is by Breen TurnerFollow Gideon on Bluesky or X @gideonrachman.bsky.social, @gideonrachmanRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information. -
The cockroach rebellion in India 07.08.2026 30mWhat began as outrage over a senior judge's comments has become one of the most striking youth protest movements India has seen in years. Gideon talks to Professor Mukulika Banerjee of the London School of Economics about why so many young Indians have taken to the streets, what the "cockroach movement" says about the country's economic and educational pressures, and whether it poses a genuine challenge to Narendra Modi's government.Clip: BBCFree links to read more on this topic:Abhijeet Dipke, the face of India’s victorious ‘cockroach’ protestsIndia’s ‘Cockroach’ Gen Z has had enoughIndia should listen to its frustrated youthWhy India’s student protests are differentIndia’s ‘cockroach’ movement halts protests after minister quitsSubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Clare Williamson. Sound design is by Breen TurnerFollow Gideon on Bluesky or X @gideonrachman.bsky.social, @gideonrachmanRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information. -
The weaponisation of trade 30.07.2026 31mTariffs, sanctions and chokepoints have become the weapon of choice to punish political rivals - but what happens when these fail? Gideon discusses the impact of geopolitical disputes on global trade with Edward Fishman, author of Chokepoints: American Power in the Age of Economic Warfare. Clip: Al JazeeraFree links to read more on this topic:Trump vows to deliver ‘beating’ to Iran in retaliation for latest attackSaudi Arabia joins US strikes on Iran-backed militias in IraqUkraine, Iran and how regional wars go globalDonald Trump rebuilds his tariff wallSubscribe 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 @gideonrachman.bsky.social, @gideonrachmanRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information. -
Does Nato have a future without US leadership? 23.07.2026 28mGideon talks to Julianne Smith, former US ambassador to Nato about the future of the alliance. There seems to be greater transatlantic agreement on Ukraine, but tensions remain over Europe’s stance on Donald Trump’s war on Iran. So can the alliance survive without the US at the helm? Clip: ANI NewsFree links to read more on this topic:Nato’s carnival of Trumpian capriceWhy the world trusts China more than AmericaUkraine’s drone swarms test Moscow air defencesNato opens its cheque books in bid to keep Trump engagedSubscribe 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 @gideonrachman.bsky.social, @gideonrachmanRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information. -
Trump, Infantino and the political history of the World Cup 15.07.2026 23mGideon talks to Simon Kuper, FT columnist and author of World Cup Fever, about what distinguishes this World Cup from previous tournaments. What role has geopolitics played historically in the World Cup and is there any truth to some of the conspiracy theories surrounding this year's events? Clip: ITV SportFree links to read more on this topic:Bellingham brace carries England past Norway into World Cup semi-finalWorld Cup shows US is ‘golden market’ for football, says Major League Soccer bossHow western Europe became a formidable football factoryWhy are China and India so bad at football?Inside the secretive Fifa committee that suspended the US red cardSubscribe 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 @gideonrachman.bsky.social, @gideonrachmanRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information. -
What would a far-right government in France look like? 09.07.2026 29mMarine Le Pen has run for the French presidency several times before, but her chances of winning next year look better than ever. Gideon talks to the FT's Victor Mallet about the source of her growing popularity and what a far-right government would mean for France and the EU. Clip: The GuardianFree links to read more on this topic: Le Pen revives presidential bid echoing TrumpFrench far-right leader Marine Le Pen says she will run for presidentMarine Le Pen’s massive double gamble on presidencyFrance’s crowded race to replace Emmanuel MacronSubscribe 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 Simon Panayi.Follow Gideon on Bluesky or X @gideonrachman.bsky.social, @gideonrachmanRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information. -
Lebanon peace deal: can it hold? 02.07.2026 20mThe war in Iran triggered a new round of conflict between the Hizbollah militia in Lebanon and the Israeli army. More than 4,000 people have been killed and about a million displaced. Lebanon and Israel signed a peace deal in Washington at the weekend to end the fighting, but without Hizbollah’s participation, can the deal hold? Gideon puts the question to the FT's editor Roula Khalaf and Andrew England, the FT's Middle East editor. Clip: This is BeirutFree links to read more on this topic:Lebanon’s deal with Israel sparks backlashHow Hizbollah’s fighters ended up in courtSteve Witkoff and Jared Kushner arrive in Doha for talks over US-Iran dealHow Benjamin Netanyahu’s big moment backfiredSubscribe 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 @gideonrachman.bsky.social, @gideonrachmanRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information. -
Bonus episode: Rahm Emanuel on how to fix America 28.06.2026 27mIn this special edition of the Rachman Review, Edward Luce, the FT's Washington commentator, talks to Rahm Emanuel, former White House chief of staff for Barack Obama, about where the Democratic party has gone wrong in recent years and how to win back the confidence of middle America. This is an edited version of a discussion that took place at the recent FT Weekend Festival in New York.Free links to read more on this topic:Rahm Emanuel says Trump ‘got schooled’ by Iran in bad ceasefire deal Why young America is trending socialistRahm Emanuel and the 2028 ‘ideas primary’How Benjamin Netanyahu’s big moment backfiredSubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman and Edward Luce. Produced by Fiona Symon. Sound design is by Sean McGarrity.Follow Gideon on Bluesky or X @gideonrachman.bsky.social, @gideonrachmanRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information. -
America's waning power 25.06.2026 26mWhat are the repercussions of the Iran war for American power? How will the outcome be viewed by America’s allies and the leadership in Beijing? Gideon discusses these questions with Kevin Rudd, the former prime minister of Australia, Katherine Thompson, who until recently was a senior official in the Pentagon under President Trump, and Philip Gordon, who was national security adviser to vice-president Kamala Harris. This is an edited version of a discussion that took place at the recent FT Weekend Festival in New York. News clip: Fox NewsFree links to read more on this topic:America’s allies look to declare independence from the USThe rise and fall of US hegemonyNato chief reveals Italy allowed US planes to use bases in Iran warTrump and Xi will not determine Taiwan’s fateSubscribe 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 @gideonrachman.bsky.social, @gideonrachmanRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information. -
Jaishankar and Nusseibeh on the challenges of a world at war 18.06.2026 27mHow much should we care about wars that are not in our neighbourhood? What role can countries not directly involved play in paving the way for a more peaceful world? Gideon discusses these questions with India’s foreign minister S Jaishankar, Lana Nusseibeh, minister of state for foreign affairs for the United Arab Emirates, and Finland’s foreign minister, Elina Valtonen. The discussion was recorded at the Kultaranta conference in Finland. Clip: CNNJoin Gideon live on Saturday, June 20 at the FT's inaugural NYC Weekend FestivalFree links to read more on this topic:Donald Trump says US will not invest in $300bn fund for IranBrussels approaches Kremlin over potential Ukraine talksA fragile Iran peace follows a war without victorsThe long way back from the Iran energy shockHow the US-Iran deal came togetherSubscribe 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 @gideonrachman.bsky.social, @gideonrachmanRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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