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Maximum pressure on Iran, round two
32:37|This week, Mark Leonard is joined by Ellie Geranmayeh, deputy director of ECFR's Middle East and North Africa programme, to unpack a volatile new chapter in the confrontation between the United States and Iran. After months of managed escalation, military strikes have resumed and President Donald Trump has launched an ambitious new sanctions package, dubbed an economic “D-Day”, aimed at squeezing Tehran into submission.Ellie argues that Washington has returned to a familiar strategy of maximum pressure, betting that unprecedented economic isolation and a blockade of Iranian exports will either force the regime to make major concessions or trigger domestic unrest. But Tehran appears determined to hold out, relying on sanctions-evasion networks, regional diplomacy and the belief that the US will struggle to sustain its campaign over the long term. As both sides continue limited military operations while keeping channels for negotiation open, the prospect of a comprehensive deal remains elusive.The conversation also explores the domestic pressures facing Iran's leadership, from a shrinking economy and growing public dissatisfaction to the threat of renewed nationwide protests. Mark and Ellie examine whether economic hardship could destabilise the regime, why Iranian leaders remain sceptical of American commitments and how internal politics in both Washington and Tehran are shaping the path ahead.Finally, they discuss the wider regional and European implications of the conflict. How are Gulf states positioning themselves between the US and Iran? What risks does the confrontation pose to global shipping through the Strait of Hormuz? And can European governments still play a meaningful diplomatic role as tensions rise and fears grow that the Iran conflict could become increasingly entangled with the war in Ukraine?This podcast episode was recorded on September 3rd 2026.Bookshelf Hillbilly Elegy, by J.D. Vance.
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Can a Ceasefire Survive Israel’s Election?
28:15|This week, Mark Leonard is joined by Hugh Lovatt, senior policy fellow at ECFR, to unpack a turbulent summer in Israel and the Palestinian territories. While Palestinian factions in Gaza have agreed in principle to decommission their weapons , the proposal faces significant obstacles, not least opposition from the Israeli government. Meanwhile settler violence is surging and settlement construction is spreading, redrawing the map faster than any negotiation could.Hugh explains why a sustainable ceasefire cannot rely on disarmament alone but requires a broader political process that addresses the future governance of Gaza and creates a pathway towards a two-state solution. He also explores why developments in the West Bank could prove just as decisive as those in Gaza, and what role Europe can play in responding to settlement expansion and growing instability.Against this backdrop, Israelis are preparing to head to the polls on October 27th . Mark and Hugh examine the state of the race, the challenge facing Binyamin Netanyahu, Israel’s prime minister and whether a new government would bring meaningful policy change, or simply a different style of leadership. How much do Gaza and the West Bank matter to Israeli voters? Could an opposition victory create space for greater pragmatism? And what would that mean for Europe's approach to the conflict?This podcast episode was recorded on August 24th 2026.BookshelfThe Revolutionaries: The Story of the Extremists Who Hijacked the 1970s, by Jason Burke.
Germany’s second China shock
35:58|This week, Mark Leonard is joined by Janka Oertel, director of ECFR’s DARE* initiative, and Andrew Small, head of ECFR’s Asia programme, to examine the growing impact of the “China shock 2.0” on Germany and Europe. A new wave of Chinese competition, driven by overcapacity and state-backed industrial strength, is hitting sectors such as car manufacturing, chemicals and machine tools. Germany is at the epicentre, with mounting job losses raising questions about Europe’s long-term economic resilience and competitiveness. The crisis is reshaping German politics, exposing government divisions and putting pressure on Chancellor Friedrich Merz ahead of September’s potentially divisive regional elections.Together, Mark, Janka and Andrew discuss the policy options being considered in Brussels and in European capitals—from emergency trade measures to new industrial strategies. Can Europe protect its industrial base without triggering a damaging escalation with China? Is Germany able to lead a coherent European response amid its own political turbulence?This podcast episode was recorded 12th August 2026.BookshelfChina Shock 2.0: The Cost of Germany’s Complacency, by Brad Setser and Sander TordoirThe art of the swarm: Systemic rivalry with China on European terms, by Andrew SmallDear Britain, by Annette Dittert [AS1]Just flagging as we usually have the exact date (or do we not want to do it this time?)
Political crisis in Germany
30:00|This week, Mark Leonard is joined by Jörg Lau, international correspondent at Die Zeit and Jana Puglierin, head of ECFR’s Berlin office, to explore the political turmoil in Germany ahead of an electoral autumn. Chancellor Friedrich Merz’s government is becoming increasingly unpopular: it faces collapsing approval ratings, growing tension within the governing coalition and mounting pressure from the far-right Alternative for Germany (AfD).As regional elections approach, Jana argues that Germany’s traditional parties face difficult choices that could reshape the country’s political landscape, while Jörg discusses what the AfD’s rise means for Germany. A “firewall” has kept mainstream parties from cooperating with the far right in the post-war period—but Jörg reflects on the strain this is under, and whether the AfD’s first taste of regional power could transform German politics.Together, Mark, Jörg and Jana assess the prospects for Merz’s leadership, the future of the CDU and whether Germany’s political centre can withstand such pressure. Are established parties capable of renewing themselves? What happens if the AfD makes gains at the regional level? And what would prolonged instability in Berlin mean for Europe?This podcast episode was recorded on August 12th 2026.BookshelfThe Names, by Florence KnappThe Nights Are Quiet in Tehran, by Shida BazyarThe Invite, by Olivia Wilde
3. Latin America’s new imaginaries
34:43||Ep. 3This week, Mark Leonard is joined by Adriana Abdenur, a Brazilian policy expert and co-president of the Global Fund for a New Economy, and Jorge Castañeda, former foreign minister of Mexico and professor at Sciences Po, to explore debates about development and ideas of strategic autonomy across Latin America. Jorge explains why China’s role is varied across the region, arguing that Mexico and much of Central America remain deeply constrained by their economic ties to the US. Adriana discusses Brazil’s long tradition of strategic autonomy, describing how policymakers engage with China as both an economic partner and a source of ideas on development, technology and global governance. Together, Mark, Adriana and Jorge explore how intensifying US-China competition is reshaping the region’s choices. Can Latin American countries balance relations with both powers? Is China a model, a market or simply another partner in a multipolar world? And what does strategic autonomy look like in an increasingly coercive geopolitical environment? This podcast episode was recorded on July 31st 2026.Bookshelf Latin American Foreign Policies in the New World Order: The Active Non-Alignment Option, by Carlos Ominami, Jorge Heine and Carlos Fortín Manifesto Antropófago (Cannibal Manifesto), by Oswald de Andrade
2. Defining Modernity in South-East Asia
39:33||Ep. 2This week, Mark Leonard is joined by LuHan Gabel, associate director of the Ideas Workshop at the Open Society Foundations; Ooi Kee Beng, political historian and executive director of the Penang Institute; and Chelsea Nguyen, research assistant in the Department of International History at the London School of Economics.LuHan highlights how young people in China are increasingly questioning the meaning of development and modernity beyond material progress. Kee Beng reflects on Malaysia’s complex relationship with China, arguing that their growing engagement is reconnecting South-East Asia to older historical patterns of regional interaction. Chelsea explains how, in Vietnam, attitudes towards China have shifted dramatically since the covid-19 pandemic, with young people becoming more curious about Chinese technology and society.Together, Mark, LuHan, Kee Beng and Chelsea explore whether a post-Western, rather than anti-Western, generation is taking shape across the region. How did the covid-19 pandemic reshape perceptions of China in South-East Asia? Which aspects of Chinese modernity resonate most with younger generations? Is China becoming a new reference point for development and aspiration? And what do these shifts mean for Europe’s role in an increasingly multipolar world?This podcast episode was recorded on July 10th 2026.Bookshelf A Maritime Vietnam: From Earliest Times to the Nineteenth Century, by Tana LiState Building in Cold War Asia: Comrades and Competitors on the Sino-Vietnamese Border, by Qingfei YinBorder Country, by Raymond WilliamsThe Scythian Empire: Central Eurasia and the Birth of the Classical Age from Persia to China, by Christopher I. BeckwithAdrift in the South, by Xiao Hai
The China-native generation
39:48|This week, Mark Leonard is joined by Loubna El Amine, lecturer in political theory at King’s College London and affiliate of the Lau China Institute, and Cobus van Staden, head of research at the China-Global South Project. They draw on insights from Africa and the Middle East to examine how younger generations in these regions view China, Europe and the US, and together they discuss the new “China-native generation”.Cobus explains why many young Africans increasingly associate China with modernity, technological progress and economic opportunity, while Loubna posits that, in the Middle East, China is often viewed less as an aspirational model. Instead, China has become more of a counterweight to US influence—it is a relatively neutral actor and potential balancing force in the Middle East’s changing geopolitical landscape.Together, Mark, Cobus and Loubna explore whether a new post-Western, rather than anti-Western, generation is emerging. They discuss the political consequences of China’s growing presence, the legacy of colonialism and the challenges of building intellectual and economic connections beyond traditional Western frameworks.How is China changing ideas of development across Africa? Why does it occupy such a different place in the Middle Eastern political imagination? Can South-South partnerships create new pathways for growth and influence? And what do these changes mean for Europe’s relationships throughout the world?This podcast episode was recorded on July 10th 2026. BookshelfHow China Escaped the Poverty Trap by Yuen Yuen AngFire in Every Direction by Tarek Baconi