The Fourcast

• Russia’s ambassador: what Putin really wants from Trump’s peace deal

  As Ukraine prepares to present a revised peace proposal to Donald Trump, Volodymyr Zelenskyy has said he is prepared to hold elections in months - a long-standing demand from Moscow.Meanwhile European leaders appear to be edging closer to seizing frozen Russian assets to fund Ukraine.So is the peace process entering a decisive phase - or is this just another round of political theatre?On this episode of The Fourcast, Krishnan Guru-Murthy speaks to the Russian ambassador to the UK Andrei Kelin and asks him what does the Kremlin actually want from a peace deal? Can Vladimir Putin really be trusted in a negotiation? And how would Russia respond if Europe takes its frozen billions?

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• How China could beat America in tech war

  China is in an age of rapid technology development with AI, robots and drones - and many fear this relentless progress, and Xi Jinping’s desire to reabsorb Taiwan, will bring it into direct conflict with the United States.But is China’s rise as inevitable and smooth as its leaders want it to be?Our International Editor Lindsey Hilsum has returned from a trip to China where she was Channel 4 News' correspondent for years.She was wowed by technological progress - but also found a younger generation exhausted and overwhelmed by political pressure, depression and burnout.On this episode of The Fourcast, Lindsey and Matt Frei were joined by economist Dan Wang, author of Breakneck: China's Quest to Engineer the Future, who argues that China’s system has unique strengths - and dangerous weaknesses - in the race for technological supremacy.

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• Hong Kong fire: bamboo scaffolding or corruption?

  The blaze that engulfed seven high-rise residential buildings in Hong Kong’s Tai Po district was the deadliest the city has seen in over 70 years. At least 156 people have died, 30 are still missing, while 15 have been arrested for alleged manslaughter. Grief has overwhelmed the city and fuelled an uncontrollable anger towards those in power.Today - almost a week after the fire - we ask how the tragedy unfolded, why Hong Kong is still enraged and what it tells us about the city that once prided itself on transparency and democracy.Joining Matt Frei from Hong Kong are Tom Grundy, founder and editor of the local media Hong Kong Free Press, and Selina Cheng, chair of the Hong Kong Journalists Association.

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• Booming or breaking? The truth about Russia’s war economy

  For months after Vladimir Putin’s fullscale invasion of Ukraine, Western leaders predicted Russia’s economy was on the brink of collapse under sanctions - and yet it didn’t.It transformed into a wartime economy, fuelled by military production, redirected trade routes, and deeper ties with China and India.But now there are signs this may be changing - with industrial output slowing, inflation rising, and severe labour shortages as hundreds of thousands of working-age men have either died, emigrated or been mobilised.And Western leaders are once again questioning how long Putin can bankroll his war machine.So is Russia’s economy finally starting to buckle - or is this still wishful thinking from Ukraine’s allies?On this episode of The Fourcast, Krishnan Guru-Murthy is joined by Arkady Ostrovsky, Russia editor at The Economist, and Elina Ribakova, one of the world’s leading experts on sanctions and Russian macro-economics.

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• Polanski v Farage: Is the political centre in Britain dead?

  As Rachel Reeves prepares to deliver the budget on Wednesday, she faces the political nightmare of having to come back for more tax, having said she wouldn't and she's already made it clear that whatever she does the burden will fall on all of us, not just the rich minority - but the left and the Greens are demanding a wealth tax, while the right and Reform are demanding welfare cuts and tax cuts.Voters are disillusioned, inflation is stubborn, services are still struggling and faith in the political centre is evaporating.So how does the chancellor land her budget without causing a political crisis for Labour or a financial crisis on the bond markets?On this episode of The Fourcast, Krishnan-Guru-Murthy was joined by Green Party leader Zack Polanski, Labour MP Rosie Wrighting, one of the new intake last year, and Rupert Harrison, a former advisor to George Osborne in the treasury and now at the US investment managers PIMCO.

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