Financial Times

The Rachman Review

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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. Hosted on Acast. See acast.com/privacy for more information.

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Financial Times

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Latest episode

Oct 29, 2026

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Episodes

Trump returns to Beijing: what’s at stake 14.05.2026

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...

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

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: AP Free links to read more on this topic: US pauses ‘Project Freedom’ as Trump seeks way out of Hormuz...

Ukraine’s ‘existential’ battle with Russia 30.04.2026

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; Reuters Free links to read more on this topic: Vladimir Putin pares back Victory Day parade over fear of Ukrainian strikes  US ambassador to...

Introducing: The Story of Money 29.04.2026

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, a...

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

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 Post Free links to read more on this topic: The Iran crisis has not yet peaked Iranian tankers bypass US blockade Macron and Starmer to...

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

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 regim...

Is it possible to negotiate with Iran? 08.04.2026

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: Armage...

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

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 News Free links to read more on this topic: T...

Hungary’s pivotal election 26.03.2026

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: APT Free...

The heavy cost of the war on Iran 19.03.2026

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: NYT Free links to read more on this topic: Iran vows retaliation against energy sites across Gulf after largest gasfi...

Introducing Untold: Opus Dei 17.03.2026

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...

Formidable US firepower fails to unseat Iran’s regime 12.03.2026

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 Eye Free links to read more on this topic: Trump’s Venezuela strategy has failed in Iran  Ir...

Iran war risks turning into a battle of endurance 05.03.2026

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 guarantee Trump has no realistic plan for Ira...

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

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: BBC Free links to read mor...

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

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 State Free links to read more on this topic: Why Rubio failed to...

Trump's predatory foreign policy 12.02.2026

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 House Free links to read more on this topic: A post-Trump restoration is still poss...

Can diplomacy avert a US-Iran war? 05.02.2026

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; CBS Free links to read...

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

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 th...

Mark Carney on a world in rupture — and what comes next 21.01.2026

Canada’s Prime Minister, Mark Carney, received a standing ovation at the World Economic Forum in Davos after warning that the global order has entered a period of “rupture”. In a post-speech interview with Gideon, Carney reflects on how globalisation went wrong — and on what can still be salvaged through deeper co-operation among countries and institutions that share common values. Interview and c...

Alexander Stubb on Greenland: the good, the bad or the ugly? 20.01.2026

Gideon speaks to Finland’s president about how to resolve the stand-off between Europe and the US over Greenland. Alexander Stubb describes the dispute as the "most difficult issue he has faced since taking office", arguing that discreet “back office” diplomacy, rather than public grandstanding, is the best way forward. He also touches on Ukraine, applauding the transatlantic alliance’s achievemen...

Sudan: inside the world’s worst humanitarian crisis 15.01.2026

Famine, mass killings and the collapse of basic government services have pushed Sudan into what the UN now calls the world’s worst humanitarian crisis. As regional powers across the Middle East fuel the conflict by backing rival factions, civilians have largely been left to fend for themselves. Gideon speaks to Sudanese political analyst Kholood Khair and Sudan expert Alex de Waal to understand ho...

‘Regime roulette’ in Venezuela: Is Greenland next? 08.01.2026

Now that the Trump administration has fully embraced the ‘Donroe Doctrine’ - a policy claiming the western hemisphere as a US sphere of influence - which country will be next in the line of fire? Gideon discusses this with Ian Bremmer, president of the Eurasia Group consultancy, which has just published its top risk report for 2026. Free links to read more on this topic: Venezuela and the trouble...

2025: a year of chaos and confusion 25.12.2025

Gideon and guests look back at 2025 as well as forward to the year ahead in an FT Live discussion for the Global Boardroom. Donald Trump set the tone of world politics this year from his tariff wars to his efforts to make peace in the Middle East and Ukraine, while also bombing Iran and threatening Venezuela. In a bid to make sense of the contradictions, Gideon is joined by Leslie Vinjamuri, presi...

Trump takes aim at South Africa 18.12.2025

Donald Trump has accused South Africa of carrying out a genocide against its white population. He also says the nation does not deserve to be a member of the G20, which it hosted last month. FT Africa editor David Pilling - standing in for Gideon - puts these allegations to two South Africans, Lawson Naidoo, a civil society activist, and Elizabeth Sidiropoulos, a foreign policy expe...

Europe’s rocky relations with Donald Trump 11.12.2025

Gideon talks to Jens Stoltenberg, Nato's former secretary-general, about Ukraine and Europe's strategic priorities after recent scathing criticism from US president Donald Trump over its failure to end the war: ‘They talk but they don’t produce.’ Clip: Politico Free links to read more on this topic: The White House’s rupture with the western alliance Trump pushes for ‘free economic zone’ in Donbas...

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