The Rachman Review

The backlash against AI 28.05.2026 31min

Gideon talks to Sebastian Mallaby, author of The Infinity Machine, a book about the career of Demis Hassabis and his AI company, Google DeepMind. They discuss the growing backlash against AI, why people are worried, and what governments can do to mitigate the risks of the coming technological revolution. Clip: WSJFree links to read more on this topic:OpenAI’s foundation to spend $250mn on research into AI’s impact on economyPope’s appeal can’t change the AI race’s risky logicAI guardrails stripped from Meta and Google models in minutesHow AI threatens the giants of consulting AI companies are just companiesSubscribe 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.

Mitsotakis on Hormuz, Iran and how to escape a debt trap 21.05.2026 27min

Gideon talks to Greek Prime Minister Kyriakos Mitsotakis about the closure of the Strait of Hormuz and its impact on Greece as a leading shipping nation. They discuss Greece’s recovery from the financial crisis of 2015, how to achieve European strategic autonomy and the best way to bring the war in Ukraine to an end. Clip: France 24Free links to read more on this topic:Three supertankers attempt Strait of Hormuz crossingAmerica owes its European allies a defence roadmapProtests spread in Africa as fuel crisis deepensUAE says drone strike caused fire at nuclear plantTipping point looms for global energy crisisSubscribe 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 returns to Beijing: what’s at stake 14.05.2026 31min

Gideon Rachman speaks to James Crabtree, former head of the Asia programme at the International Institute for Strategic Studies and author of The Perimeter, about Donald Trump’s visit to Beijing, his first in a decade. What do Washington and Beijing hope to gain, and what does the trip reveal about the evolving balance of power between the world’s two leading superpowers?Free links to read more on this topic:Donald Trump’s plan to discuss Taiwan arms sales with Xi Jinping rattles Asian alliesTrump is up against China’s great wall of confidenceTrump’s war has given China an economic openingTrump, Xi and the bid for a ‘grand bargain’ between superpowers  Trump prepares to press Xi on Iran war Subscribe to The Rachman Review wherever you get your podcasts — please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Nisha Patel. 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.

Lloyd Austin on Ukraine, Iran and the lessons of war 07.05.2026 28min

Gideon 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: APFree links to read more on this topic:US pauses ‘Project Freedom’ as Trump seeks way out of Hormuz impasseUS warns Europe of delays to arms shipments as Iran war drains stockpilesPentagon to pull 5,000 soldiers out of Germany in dispute over Iran warDonald Trump’s Iran war has cost $25bn, Pentagon saysOur 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 FTPodcast— 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 @gideonrachman.bsky.social, @gideonrachmanRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Ukraine’s ‘existential’ battle with Russia 30.04.2026 27min

Gideon talks to Dmytro Kuleba, former Ukrainian foreign minister, about the current state of Russia’s war against Ukraine. What would it take to break the stalemate and how has the conflict been impacted by the US-Israeli attack on Iran? Clips: DW; ReutersFree links to read more on this topic:Vladimir Putin pares back Victory Day parade over fear of Ukrainian strikes US ambassador to Ukraine to leave over differences with Donald TrumpUkraine’s drone pilots hit Russian targets from 500km awayToxic rain falls on Russian city after refinery blazeSubscribe 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.

Introducing: The Story of Money 29.04.2026 1min

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.Watch episode 1: They are history’s geniuses. But were they any good at investing? Hosted on Acast. See acast.com/privacy for more information.

Trump finds it’s easier to start a war than to end one 22.04.2026 30min

Gideon 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 PostFree links to read more on this topic:The Iran crisis has not yet peakedIranian tankers bypass US blockadeMacron and Starmer to hold summit on plan to secure Strait of HormuzLufthansa cuts 20,000 flights to save fuel as prices soarSubscribe 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.

Iran war: What does Tehran want and will it get it? 16.04.2026 27min

Gideon discusses possible negotiated solutions to the Iran war with Suzanne Maloney of the Brookings Institution. What do Tehran's leaders want and how long can they hold out for a winning settlement that will ease the country’s economic pain? What are the stakes for Trump and the global economy? And what role, if any, can Gulf countries play in curbing the regime’s power to blight progress in the region? Clip: Fox NewsFree links to read more on this topic:Why time is on Iran’s sideIran is America’s Suez crisis — and just as ridiculousIran used Chinese spy satellite to target US basesIran faces halt to oil production within weeks if US blockade succeedsLife inside Iran’s internet blackoutSubscribe 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.

Is it possible to negotiate with Iran? 08.04.2026 32min

What is it like to negotiate with Iran and what are the key issues that need to be resolved if the war is to end? Has the war permanently reshaped the relationship between the US and Europe? Gideon talks to Baroness Catherine Ashton, who was the EU’s high representative for foreign policy from 2009 until 2014 and played a leading role in negotiations with Iran.More on this topic:Armageddon is off . . . for nowUS and Iran agree 2-week ceasefire that will open Strait of Hormuz Has Trump officially united Europe Trump’s threats to pull out of Nato leave alliance exposed  Follow Gideon on Bluesky or X @gideonrachman.bsky.social, @gideonrachmanSubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Nisha Patel. Sound design is by Sean McGarrity.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Trump says the Iran war may be ending soon: mission accomplished? 02.04.2026 28min

Donald Trump has said the US military action against Iran may be coming to an end. If so, what would it have achieved and where does this leave the key question of safe passage for shipping through the Strait of Hormuz? Gideon discusses the consequences of the war for the US and its allies with Philip Gordon of the Brookings Institution. Clip: NBC NewsFree links to read more on this topic:Trump threatened to stop weapons for Ukraine unless Europe joined Hormuz coalitionShutting Hormuz is a template for China in TaiwanIran could emerge from the war stronger and more dangerousUK to host coalition talks on securing Strait of HormuzOne battle after another: Netanyahu’s new security doctrinePresented 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.

Hungary’s pivotal election 26.03.2026 30min

Viktor Orbán has been a thorn in the side of the EU and a favourite of Donald Trump. But his party is now behind in the polls ahead of next month’s Hungarian elections. So could this mark the end of the Orbán era? Gideon discusses this with Zsuzsanna Végh, an analyst at the German Marshall Fund. They also discuss Orbán's close relationship with Russia and hostility to Ukraine. Clip: APTFree links to read more on this topic: ECB warns Hungary’s seizure of Ukraine cash risks euro credibilityHungarian opposition groups quit to make way for Orbán challengerKremlin backs covert campaign to keep Viktor Orbán in powerThe riches of Viktor Orbán’s home villageHow Viktor Orbán’s oligarchs reaped billions in public contractsSubscribe 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.

The heavy cost of the war on Iran 19.03.2026 33min

Gideon discusses the Iran war with defence analyst Jack Watling, author of Statecraft - The New Rules of Power in a Divided World. Why did the US fail to foresee the need to protect the vital Strait of Hormuz shipping route? What options are there to bring the war to a close?Clip: NYTFree links to read more on this topic:Iran vows retaliation against energy sites across Gulf after largest gasfield hitTrump ally warns US economy not strong enough to cope with Iran warIran still seen capable of escalating attacks on Gulf’s energyIsrael says it has killed Iran’s top security official Top US counterterrorism official resigns over war against IranSubscribe 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.

Introducing Untold: Opus Dei 17.03.2026 1min

Introducing Opus Dei, a new season of Untold from the Financial Times. Host Antonia Cundy uncovers the cultural and political influence of a controversial Catholic organisation in America. Opus Dei exists to help people get closer to God, but some members say they found other agendas – and unexpected harm – entangled in that spiritual mission. The first episode of Untold: Opus Dei launches March 25. Listen on Apple Podcasts, Spotify, Pocket Casts or wherever you get your podcasts. Hosted on Acast. See acast.com/privacy for more information.

Formidable US firepower fails to unseat Iran’s regime 12.03.2026 33min

Gideon speaks to Sir Simon Gass, a former UK ambassador to Iran, about why the formidable destructive power of the US and Israel has failed to dislodge the Islamic regime. They discuss how long the war can continue as well as likely outcomes for the US, Iran and the Gulf region. Clip: Middle East EyeFree links to read more on this topic:Trump’s Venezuela strategy has failed in Iran Iranians rethink the price of regime changeIran official says new supreme leader is ‘fine’ despite absence from viewDrones, lasers and radars: Middle East war spurs hunt for cheaper air defenceTaco on Iran will come too late for TrumpSubscribe 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.

Iran war risks turning into a battle of endurance 05.03.2026 33min

Gideon discusses the US and Israeli war against Iran with Emile Hokayem of the International Institute for Strategic Studies. What are the war aims, can they be achieved and where does this leave the future of the region and its relations with Israel? Clips: CBS; CNN Free links to read more on this topic:Gulf insurance costs soar 12-fold despite Trump guaranteeTrump has no realistic plan for Iran’s futureMilitary briefing: how Iran could wage a new ‘tanker war’The cynical opportunities of ‘Epic Fury’The influencers leaping to Dubai’s defenceSubscribe 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.

Boris Johnson: Pressure on Putin is the price of peace 26.02.2026 24min

Gideon discusses the state of peace talks on Ukraine with Boris Johnson at a conference organised by the Yalta European Strategy group in Kyiv. The former UK prime minister offers his view of what needs to be done to bring an end to the conflict: put more pressure on Russia’s President Vladimir Putin. Otherwise, we are “setting a course for years more of conflict”. Clip: BBCFree links to read more on this topic:Volodymyr Zelenskyy says war in Ukraine at ‘beginning of the end’European leaders express solidarity with Ukraine as US hangs backUkraine’s economy shows grit amid lasting war damageEurope re-arms as US slows defence spendingSubscribe 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.

Chrystia Freeland on how to negotiate with autocrats — and allies 19.02.2026 25min

Gideon talks to Chrystia Freeland, former deputy prime minister of Canada, about different approaches to negotiating with the Trump administration. They also discuss the current state of the war in Ukraine, her new role as adviser to President Zelenskyy and how to pressure Russia into ending the conflict. Clip: US Department of StateFree links to read more on this topic:Why Rubio failed to repair the transatlantic riftCarney’s new global order needs a huge shift in political willRussia-Ukraine talks yield ‘some progress’ on ceasefire, says ZelenskyyEurope’s path to security without the USSubscribe 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 and the executive producer is Flo Phillips.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's predatory foreign policy 12.02.2026 23min

Gideon talks to American political scientist Stephen Walt about the phrase ‘predatory hegemon’ that he coined to describe the US administration under Donald Trump. What are the risks and benefits of this policy for the American people, and for those who formerly considered themselves staunch allies? Clip: The White HouseFree links to read more on this topic:A post-Trump restoration is still possibleWhy Maga loathes LondonTrump and the normalisation of devianceSubscribe 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 and the executive producer is Flo Phillips.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.

Can diplomacy avert a US-Iran war? 05.02.2026 27min

Andrew England, the FT’s Middle East editor, speaks to Sanam Vakil, director of the Middle East and North Africa Programme at Chatham House, about Iran’s escalating crisis. Can diplomacy prevent a war between the Trump administration and Tehran? What are the prospects for reform of the increasingly unpopular Islamic regime in Iran? Clips: Channel 4 News; CBSFree links to read more on this topic:US and Iran set to meet in Oman as Middle East tensions spiral‘The game is over’: critics of Iranian regime seize on killings to push for changeIran’s people stand to lose whether or not talks succeedArab and Muslim powers mount last-ditch effort to avert US-Iran conflictSubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Andrew England. Produced by Fiona Symon. Sound design is by Breen Turner and the executive producer is Flo Phillips.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.

Bill Gates: AI, aid cuts and the fear of speaking out 29.01.2026 20min

Bill Gates tells Gideon that a climate of fear has taken hold in the US business community under the Trump administration: “People are afraid to speak out about being afraid to speak out.” He discusses falling aid budgets, why philanthropy cannot replace government funding, and an ambitious new collaboration with OpenAI to improve access to healthcare in Africa. Gates also reflects on the more destabilising uses of artificial intelligence and his past association with the disgraced financier and sex offender Jeffrey Epstein. Clips: NBC4, Bill GatesFree links to read more on this topic: Bill Gates and OpenAI back $50mn AI rollout in African health clinicsTech titans lined up for Trump’s second inauguration. Now they’re even richerBill Gates and Sergey Brin among newly released Epstein photosBill Gates warns aid cuts risk big increase in child deathsSubscribe 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 and the executive producer is Flo Phillips.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.