In our last podcast before the summer break we discuss Italian politics, the ECB's latest bailout tool, and gas.

On the collapse of the Italian government, and on the German gas count-down.

Today's subjects are the German gas emergency; how Macron will govern; and the split in Five Star.

On Russia's decision to reduce gas flows to Europe, and on Sunday's second round of the French parliamentary elections.

UK politics now falls squarely into the hopeless but not serious category.

On the sequestration of Russian assets and how to think about deglobalisation.

If Putin offers a ceasefire and if the food crisis gets worse, the western cohesion won't hold.

How the Ukraine war changes the big picture conversation on how the EU works.

In today's podcast, we discuss the interaction of oil gas sanctions, cost of living crisis, and food security.

European gas buyers are getting ready to circumvent the EU position on rouble payments.