World

Is Hamas ready for a ceasefire deal?

The president of Egypt has come up with the most modest of proposals to try and end the war in Gaza. President Abdel Fattah el-Sisi has proposed a 48-hour ceasefire to facilitate the release of just four Israeli hostages in exchange for an unspecified number of Palestinian prisoners detained by Israel. El-Sisi’s objective is for the two-day truce to then lead to a longer-term ceasefire. He has suggested a ten-day negotiating period following the release of the four hostages. His proposal has coincided with the arrival in Doha, of the heads of the CIA and Mossad for renewed talks for a ceasefire-and-hostage-release framework. Washington still wants a deal that will

Trump promises safety to Middle America

I have spent the past week travelling across ‘swing country’. Namely Pennsylvania and Ohio – two of the crucial states which will decide the coming US election. The former is important for the presidential race, the latter for control of the Senate. I spent time following a pollster, joining interviews and focus groups. The first stop was an affluent Pennsylvania suburb near Allentown. In 2020, the county (Lehigh) broke for the Democrats in a closely contested race – the party won just 53 per cent – and it is often seen as a bellwether for the national mood. In the suburb I met Rebecca and her family. Their sprawling bungalow-style

Volkswagen’s woes are no surprise

Where did it all go wrong for Volkswagen? The German carmaker is said to be planning to shut several factories and lay off thousands of staff. Workers who do keep their jobs could see their pay cut by as much as ten per cent, according to VW’s top employee representative, Daniela Cavallo. If the revelations are correct, the three factories will be the first to be shuttered in the company’s 87-year history. It is hard to overestimate the scale of the shock that the claims about VW, a company that has always been emblematic of the country’s post-war economic miracle, has delivered to the German economy today. Yet Germany –

Philip Patrick

Japan could soon lose one of its best assets

What now? This is the question on everyone’s lips here in Tokyo after a dramatic general election which looks to have inflicted a potentially grievous wound on Japan’s eternal party of government. The Liberal Democratic Party (known as Jiminto) led by the barely broken-in new Prime Minister Shigeru Ishiba lost its overall majority, even if its partners, the Buddhism-associated Komeito, are factored into the equation.  The result was a mess In one of the worse nights in its history, the LDP, who have held power for 65 out of the last 69 years, lost 68 seats. They remain the largest party overall but will now have to scramble to put

Cindy Yu

Battle of Ideas – is China in decline?

95 min listen

Is China in decline? I was born in China in the 90s, and growing up it felt like the future was always going to be brighter. My parents were wealthier, more educated, better travelled than their parents, and it seemed assured that my generation would only have even better life chances. But in the 2020s, China’s economic growth has slowed down. Some of the once-bright spots in its economy, like real estate, are in slow motion meltdown. In the last couple of years foreign direct investment into the country has been falling at a record pace. The youth unemployment rate from this summer shows that just under a fifth of

Russia is creeping towards stagflation

The Central Bank of Russia raised its benchmark rate to a twenty-year high of 21 per cent on Friday – and has indicated that it could go even higher. Even Vladimir Putin, a notorious serial boaster, won’t be caught bragging about this tell-tale sign of a not-so-healthy economy. The writing is on the wall: Russia is getting closer to stagflation – a no-growth, high-inflation economy.  An interest rate this high is unprecedented. In February 2003, still fresh in his job, Putin launched reforms to kick-start the Russian economy after the 1998 financial meltdown; the central bank brought its refinancing rate to 20 per cent and has kept it below that level ever

I fear for Georgia’s future

Following this weekend’s fraughtly awaited election ‘results’ in Georgia – as important for the country’s direction as any since the end of the Cold War – a potentially explosive situation is developing. While exit polls suggested the Georgian Dream (the incumbent, pro-Kremlin party) would gain no more than 42 per cent to the collective opposition’s 58 per cent, Sunday morning saw GD leader Bidzina Ivanishvili declaring victory and claiming 54 per cent of the vote. ‘It is rare for any party anywhere in the world to achieve such success in such a difficult situation,’ Ivanishvili crowed.   Yet amidst widespread allegations of rigged ballots, intimidation and voter fraud, opposition parties are refusing to accept

Regime change in Iran is a bad idea

In 2012, as the Islamic Republic showed signs of buckling under the weight of US and EU sanctions, Senator John Kerry spearheaded a series of backchannel meetings with his Iranian counterparts to begin exploring the deal that became the Joint Comprehensive Plan of Action (JCPOA), an arms reduction agreement between Iran and western nations in which Iran would receive sanctions relief in exchange for caps on uranium enrichment. The US and its allies sought to strike a bargain with an Islamic Republic desperate for foreign investment, eager to accept terms. Yet in the years leading up to the JCPOA’s signing in 2014, another strand of thought emerged from within US

The long roots of Iran’s hatred for the Jewish state

As the dust settles on the latest confrontation between Israel and Iran in the Middle East, the nature of the Israeli strikes against Tehran this weekend is becoming clear. It is a mark of the extent to which clashes between these two regional powers have become normalised over the last six months that the details, rather than the fact of the attack itself, are the main subject of focus and discussion. It should first be noted that what has just taken place is the largest operation against the Islamic Republic of Iran on its own soil in 40 years.   Hatred of Jews has been there from the start in the Teheran regime

The humiliation of Iran

Tel Aviv In attacking Iranian military sites this weekend, Israel broke through its fear barrier. For years, the Israel Defence Forces (IDF) have planned to strike Iran using aircraft but they have always backed out at the last minute. IDF war planners feared the worst-case scenario: downed planes, pilots captured and Israeli citizens hung as spies in Tehran’s central squares. Yet at two a.m. on Saturday morning more than 60 US made F-35, F-16, and F-15s, accompanied by Boeing mid-air fuelling planes and early warning air intelligence aircraft, took off from several Israeli air bases. Aboard were 150 air crew. They flew 1,600 kilometres for two hours, passing over Syria

Why Spaniards keep being killed by bulls

A 57-year-old man was gored and killed during the bull running through the streets of Vall d’Uixo (population 31,000) in Spain last weekend. It was the third goring in three days in the town. In 2023 a total of eight people were killed by bulls in Spain during such events; the year before 23 died.  In 2023 more than a thousand people in the Valencia region required medical treatment after being trampled or gored While in a formal bullfight it is the matador (literally ‘killer’) who almost invariably emerges victorious, in the streets the aggressive, astonishingly fast, half-ton bull sweeps all before it. The dangers were well illustrated a few years ago by dramatic footage on national

Israel has exposed America’s cowardice towards Iran

On Saturday, Israel launched a retaliatory strike against Iran which targeted around 20 military sites across the country, using over 100 combat aircraft. This was an unprecedented operation by Israel against Tehran – in both its breadth and depth. Israel’s aim was to degrade and deter. And in the process, it has reminded the world of the weaknesses of America’s current policy towards Iran. So far, Iranian media has been downplaying the Israeli strikes. Even as the bombing campaign was underway, pro-regime Telegram channels were posting videos showing placid scenes of Iranian cityscapes. In April, when Israel launched an attack on Esfahan, Iranian state television broadcast the morning traffic with

Mark Galeotti

Can Russia really ban smoking?

The UK isn’t the only place which has been toying with the idea of introducing a ‘generational’ tobacco ban. Rishi Sunak’s bill that would ban sales to anyone born after 1 January 2009 was taken over by Labour following the election, but now it is Russia that is debating a similar measure. The Ministry of Health is reportedly close to proposing a ban on the sale of tobacco and other nicotine-containing products to everyone born after 31 December 2009. A draft bill has already been circulated and has been adopted by the New People party, one of the government’s tame pseudo-opposition factions, although it has not yet been reviewed by

Is this the end for the Philippines’ Duterte family?

For the last decade, the Duterte family has been known throughout the Philippines as almost untouchable – respected, feared, and seen by many as above the law. Take Rodrigo Duterte’s brutal war on drugs when he was president of the Philippines. Despite a bloody crackdown, Duterte remained largely unchallenged both domestically and internationally during his presidency. His son, Paolo, has enjoyed similar immunity: several years ago, he was implicated in a multi-billion peso drug-smuggling operation, but got off easy – with rumours that the judicial system was rigged to protect the family. The Duterte family has remained a powerful political dynasty in the Philippines, even after President Rodrigo Duterte left

Uruguay’s elections have become overshadowed by a referendum

Uruguayans have long been able to look across the Rio Plata to their larger and louder neighbours in Argentina and roll their eyes at the endless economic crises and political chaos. Not for much longer, perhaps. Uruguay heads to the polls today to elect its next president, but election fever has been roundly overshadowed by (if economists are to be believed) referendum also taking place today. Analysts have described it as a possible ‘Brexit moment’ The national plebiscite has been proposed by trade unions and would radically overhaul the country’s entire pension system. The retirement age would fall by five years to 60, pension payouts would be pegged to the minimum wage,

The strike on Iran marks a dramatic change in Israel’s tactics

On the night of 26 October, Israel conducted an aerial strike on Iran, marking the latest move in the ongoing tit-for-tat conflict between the two countries. The attack, which had been anticipated and was announced by the Israeli government, was in response to an earlier Iranian missile strike on Israel at the beginning of October, named Operation True Promise 2. The Iranian attack was itself a retaliation for Israel’s assassination of senior leaders within Hamas, Hezbollah, and the Iranian Revolutionary Guard over the preceding months. Details of last night’s airstrike remain unclear, but reports suggest that Israel targeted approximately 20 Iranian military sites. Prior to it, there was speculation that Israel might

The man behind Georgia’s pro-Putin turn

‘He wasn’t my first billionaire, so I kind of knew my way around him’, a senior US diplomat who plied his trade in Georgia told me at the sidelines of the Munich Security Conference. ‘And the weirdest thing? He was starry-eyed about Nato and the West in the beginning. I remember at one meeting with a US delegation, he outright asked, “So what I” – notice the I, not we – “what I gotta do to get into Nato by 2016?” We all looked at each other, then gave him the usual line about democratic reforms and so on. He listened for a while, then interrupted, “But what do I really

Israel does not want full-scale war with Iran

Just over three weeks after Iran attacked Israel with 200 ballistic missiles, the Israeli Air Force (IAF) finally launched a retaliatory airstrike on Iranian military facilities last night. The IAF strike reportedly lasted three hours, and was carried out in three waves. It was based on impressively precise intelligence and targeted the missile manufacturing facilities where the ballistic missiles used in Iran’s attack earlier this month were made. The IAF also struck surface-to-air and surface-to-surface missile arrays. As soon as reports of the attack emerged, the Iranian disinformation machine whirred into action. Through official channels as well as online influencers and bots, Iran denied that its facilities were successfully bombed