Russia’s attacks on Ukraine are escalating, both on the front lines and across urban centres. Ben Hall, the FT’s Europe editor, talks to military analyst Franz-Stefan Gady about Ukraine’s battle to hold onto territory until a ceasefire can be agreed. Clips: Channel 4; ABC

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Russia attacks Ukraine’s draft offices

Russia hits Ukraine with biggest air attack of the war

Nato’s summit cannot disguise Ukraine’s plight

Kyiv’s sleepless nights under fire

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Presented by Ben Hall. Produced by Fiona Symon. Sound design is by Breen Turner and the executive producer is Flo Phillips.

Read a transcript of this episode on FT.com

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Gideon talks to Ray Dalio, founder of Bridgewater Associates, the world’s largest hedge fund and author of a new book: How Countries Go Broke. They discuss the size of the US debt and what history tells us about identifying warning signs. Clip: CBS

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Is Donald Trump’s ‘big, beautiful bill’ a political curse for Republicans?

Fears over US debt load and inflation ignite exodus from long-term bonds

Donald Trump’s big, beautiful act of self-harm

The fall in the dollar is not scary

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 and the executive producer is Flo Phillips.

Follow Gideon on Bluesky or X @gideonrachman.bsky.social, @gideonrachman

Read a transcript of this episode on FT.com

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

Gideon discusses whether the fragile ceasefire between Israel and Iran can hold with Vali Nasr, Professor of Middle East Studies at Johns Hopkins University. Can anyone claim victory from the war? Where does this leave the battered regime in Tehran and its nuclear ambitions? And what will the US need to do to ensure that intense fighting doesn’t break out again? Clips: Channel 4 News; BBC

Free links to read more on this topic:

Best summer books of 2025: Politics

How Donald Trump brokered a shaky Israel-Iran ceasefire

Gulf expat bubble punctured by missiles

Where is Iran’s uranium? Search continues for 400kg stockpile

Iran’s supreme leader faces his defining moment

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 Simon Panayi and the executive producer is Flo Phillips.

Follow Gideon on Bluesky or X @gideonrachman.bsky.social, @gideonrachman

Read a transcript of this episode on FT.com

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