174. Taking On Europe's Last Dictator: The Fight Against Lukashenko and Putin

6 Feb 2026 · 29 min · 14 chapters

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Podcast Episode Summary: The Rest Is Politics - Episode 174: Taking On Europe's Last Dictator: The Fight Against Lukashenko and Putin

Episode Overview In this episode of *The Rest Is Politics*, hosts Alastair Campbell and Rory Stewart interview Sviatlana Tsikhanouskaya, the exiled leader of the Belarusian opposition. This episode forms part of a two-part series focusing on individuals standing up against the autocratic regimes of Putin and Lukashenko.

Key Themes and Discussions Introduction to Sviatlana Tsikhanouskaya

  • Background: Former housewife who became the opposition leader in Belarus after her husband, Sergei Tsikhanouski, was imprisoned while running against Lukashenko.
  • Current Role: Leads a government in exile from Latvia, representing the democratic movement in Belarus.

The Nature of Lukashenko's Rule

  • Dictatorship Duration: Lukashenko has been in power for over 30 years.
  • Government Characteristics:
  • Pro-Russian stance, leading Belarus closer to Russia.
  • Established a corrupt system based on fear and military control.
  • Disregards Belarusian national identity and European values.

The 2020 Presidential Elections

  • Opposition Campaign: Tsikhanouskaya initially ran as a reluctant candidate due to her husband's imprisonment.
  • Election Outcome: Despite winning the popular vote, Lukashenko refused to concede power, resulting in mass protests and Tsikhanouskaya's exile.

The Humanitarian Crisis in Belarus

  • Current Situation: Belarus faces a humanitarian and political disaster with ongoing repression and a significant portion of the population opposing Lukashenko’s regime.
  • International Relations: Belarus has been implicated in Russia’s war against Ukraine, facilitating military operations.

Support for the Opposition

  • International Recognition: Tsikhanouskaya discusses the support received from various countries and institutions, emphasizing the need for more robust backing to pressure the Lukashenko regime.
  • Achievements: The opposition has built alternative institutions, maintained unity, and developed international relationships, despite limited resources.

Future Vision for Belarus

  • European Integration: Tsikhanouskaya envisions Belarus returning to its European roots and joining the EU, highlighting the importance of democratic reforms and alignment with European values.
  • Hope for Change: Despite the long-standing dictatorship, she expresses optimism regarding the potential for a democratic Belarus and the unity fostered among the people during the 2020 protests.

The Broader Context

  • Geopolitical Implications: The struggle in Belarus is set against a backdrop of rising authoritarianism in the region and the importance of supporting democratic movements in Ukraine and beyond.
  • Calls to Action: The discussion emphasizes the necessity for democratic nations to support Belarusian resistance against dictatorship and to uphold democratic values globally.

Conclusion

  • Resilience of the Belarusian People: Tsikhanouskaya reflects on the indomitable spirit of the Belarusian people and their commitment to achieving democracy.
  • Final Thoughts: The episode ends with an acknowledgment of the challenges ahead and a call for continued support for those fighting against tyranny.

Key Takeaways

  • Importance of Female Leadership: Tsikhanouskaya's rise illustrates the role of women in leadership during crises, challenging traditional political norms.
  • Need for International Support: The episode underscores the critical role of global allies in supporting democratic movements against autocratic regimes.
  • Hope Amidst Adversity: Despite the grim political landscape, there remains an enduring hope for a democratic future in Belarus, driven by the resilience of its people.

Additional Resources

  • For more information and to support the movement, visit [The Rest Is Politics](https://therestispolitics.com).
  • Consider joining *The Rest Is Politics Plus* for exclusive content and supporting democracy discussions.

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This summary encapsulates the essential discussions and insights shared in this episode of *The Rest Is Politics*, providing a comprehensive understanding of the issues surrounding Belarus and the fight for democracy.

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Chapters

Tap a time to open that second in VO

The Rise of Svetlana Tsikanovskaia

1:50 to 3:05

Svetlana shares her journey as an opposition leader in Belarus.

“Just imagine that you're talking to somebody who doesn't know much about Belarus, doesn't know much about you.”

Understanding Lukashenko's Rule

3:05 to 4:58

Discussion about Lukashenko's dictatorship and its impact on Belarus.

“And so tell us a little bit about Lukashenko and the nature of his rule.”

Transition to Politics

4:58 to 6:27

Svetlana discusses her transition from a housewife to a political leader.

“And it was such a trauma for him that we really managed to hold successful campaign.”

The Role of International Support

6:27 to 7:58

Exploration of the international support received by Belarusian opposition.

“And I think that I'm lucky enough because I had all those highly respected people, presidents, ministers of foreign affairs, you know, as my teachers.”

Lukashenko and Russia's Connection

7:58 to 9:12

Discussion on the relationship between Lukashenko and Russia.

“What is most important for me is that we rediscovered Belarus to the world.”

Belarus's Future in the EU

9:12 to 11:34

Svetlana shares her vision for Belarus’s potential entry into the EU.

“He always wanted to erase everything Belarusian, you know, from our land.”

Hope for Democratic Change

11:34 to 13:10

Discussion on the aspirations for democracy and change in Belarus.

“I think that Europe will only win from from Belarus if it's part of this economic military and value alliance.”

Support for Ukraine and Democratic Values

13:10 to 14:00

Svetlana emphasizes the importance of supporting Ukraine as a fight for values.

“What are the lessons for how people should think about Ukraine and supporting Zelensky and dealing with Putin about Ukraine?”

Childhood Reflections: The Impact of Chernobyl

14:00 to 16:00

Exploration of how Chernobyl affected childhood perceptions and the warmth of Ireland.

“So what, where are the ambitions of Russia and, you know, the problem of Russia that they don't know where their borders are.”

Women in Politics: Courage and Leadership

19:30 to 22:20

Discussion on women stepping into political roles amid crises.

“becomes admired by Putin because he's taking on the oligarchs, and then is kind of turned into Putin's enemy once Putin decides he's going to be the richest guy in the world.”
Show all 14 chapters

The Fragility of Power: Dictatorships and Change

22:20 to 25:00

Examining the instability of autocratic regimes and potential changes.

“suddenly we saw Assad toppled or Ceausescu on the balcony or Mugabe falling.”

International Relations: The Role of Small Countries

25:00 to 28:03

Analyzing the challenges small countries face in a global power dynamic.

“One of the things we haven't talked about enough and we should get into more is the collapse in the oil price, which I'm hearing all the way around this conference.”

Reflections on Current Events and DEI

28:03 to 28:27

The speakers discuss the shift in focus from DEI to climate issues and share personal experiences.

“I can remember being here a few years ago and all that people talked about was DEI and climate.”

Interviews and Perspectives on Putin's Impact

28:27 to 28:54

They highlight various interviews related to Vladimir Putin's influence on global politics.

“Yeah, and if Vladimir Putin or Sergei Lavrov wanted to come on the podcast, we would have them willingly.”
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Transcript

Automatic transcript. May contain errors.

0:00Sviatlana Tsikhanouskaya:Thanks for listening to The Rest is Politics. Sign up to The Rest is Politics Plus. To enjoy ad-free listening, receive a weekly newsletter, join our members chatroom and gain early access to live show tickets. Just go to therestispolitics.com. That's therestispolitics.com.

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1:11Sviatlana Tsikhanouskaya:Welcome to The Rest is Politics Leading with me, Rory Stewart. And me, Alistair Campbell. And we are with the elected leader of Belarus. But somebody who is not living in Belarus, who's living mainly in Latvia, leading a government in exile. And this is Svetlana, I'm going to really struggle with this name, Tsikanovskaia. She is the wife of the man who tried to run against Lukashenko, was stopped from running, and she stepped in. And we're delighted to have her here. This is part of this two-part series that we've done on Putin's Russia, through the eyes of Bill Browder, and now president, president-elect, leader of government in exile.

1:49Sviatlana Tsikhanouskaya:Svetlana, welcome. Just imagine that you're talking to somebody who doesn't know much about Belarus, doesn't know much about you. Just tell us your story, how you became the figure that you are now, the opposition leader in Belarus. Actually, the president-elect in Belarus, but now leading the opposition.

2:07Alastair Campbell:Look, it's a really difficult task. But what I would say first is that Belarus is the country where dictator rules for more than 30 years. Dictator in our country is the most pro-Russian person in Belarus. and he is dragging our country closer to Russia all these years. So in 2020, we had huge uprising against dictator. I was the person who was opposing dictator Lukashenko. I won elections, but Lukashenko refused to step down, seized power and forced me personally and hundreds of thousands of other people leave the country. In Belarus now, we have humanitarian and political disaster. Moreover, Lukashenko dragged our country into the war against Ukraine became accomplices in this war and continue to assist.

2:54Alastair Campbell:And for five years already, our people are not giving up in resisting Lukashenko, resisting subjugation from Russia, and we want European future for Belarus. It's very shortly.

3:05Rory Stewart:And so tell us a little bit about Lukashenko and the nature of his rule.

3:08Alastair Campbell:In 1991, after the collapse of the Soviet Union, our country really had wonderful perspectives for a better future, for economic development, for democracy and prosperity. But we chose the wrong person. And we chose populist who promised a better life, fight with corruption, and he built the most corrupted system in Belarus. He assists power, he built his own system of power based on fear and personal military apparatus. And he's very selfish. He's concentrated on his power. He's proud to be the last dictator of Europe. And for sure, he doesn't respect Belarusian national identity. He always wanted us to be part of Russia.

4:01Alastair Campbell:And he hates all the European values.

4:04Sviatlana Tsikhanouskaya:In your story, you got to this position because your husband was going to be the candidate and Lukashenko made that impossible and you essentially stood in his place. So you were something of a reluctant campaigner. Did he agree for you to be a candidate, Lukashenko this is, allow you to go ahead because he assumed that because you were a woman you wouldn't be able to actually attract any attention, have ideas, have policies and be able to campaign against him as a kind of big macho authoritarian leader? Was that his thinking?

4:35Alastair Campbell:Yeah, absolutely. Yes. I think that he really miscalculated because he was so sure that he knew that Belarusians are against him, but he was so sure that nobody ever would vote for a woman housewife with no political expertise. So that's why it was like he was mocking me because our constitution is not for women, but he lost connection with people. He lost moods in our society. And it was such a trauma for him that we really managed to hold successful campaign. And people voted for me. We have proofs for this for the first time. We managed thanks to technologists, proof that Lukashenko lost. And still five years, you know, passed and he's still very much traumatized by this fact.

5:18Rory Stewart:What was it like for you as somebody who was not a professional politician to suddenly have to become a presidential candidate? What was it like emotionally, intellectually to make that journey?

5:28Alastair Campbell:I don't remember even a day when I didn't feel fear for everything. For my husband who was already in jail, for my children that might be put in orphanage in case I'm in jail, for example. Or I was scared by the crowd of people. How can I give public speeches? You know, everything was so scary. But I knew that you have to overstep all your fears because this is what you have to do. You know, people rely on you. People were following me. And of course, step by step, when I turned out to be in exile and started my international campaign, I also was scared by presidents, prime ministers, how is it to meet a leader of the country?

6:13Alastair Campbell:But of course, in the democratic world, the president is a little bit different than a leader of the autocratic regime, because they consider themselves half gods, that you cannot just talk to him. But in democratic countries, any politician is the person who is serving the people, first of all. And I think that I'm lucky enough because I had all those highly respected people, presidents, ministers of foreign affairs, you know, as my teachers. I was learning from scratch, but I managed, this was my university.

6:46Sviatlana Tsikhanouskaya:And do you feel that you've had the support that you think you need for the opposition in Belarus from the rest of Europe, for example? Do you feel you've had the international support? And do you feel you get that now? You're now essentially living in exile mainly in Lithuania? Yes. And you're running this kind of effectively an opposition or a government in exile, whatever you want to call it. Do you feel you get the recognition and the support from the rest of the world that you think you need to actually push against Lukashenko?

7:14Alastair Campbell:Of course, much more can be done. Every country that needs them might say so, but I'm really proud what we managed to achieve for these five years as a democratic movement. We have no state behind us. We're just movement. We managed to build alternative institutions of power in exile. We managed to keep unity. We managed to find resources for our alternative media, for our human rights defenders. We managed to build a network of our democratic allies who are supporting us everywhere. We formalized relationship, we are not country, democratic movement, formalized relationship with European Union, European Parliament.

7:50Alastair Campbell:We have strategic dialogue with the USA, Canada, UK. So we have missions of democratic forces of Belarus in different countries. What is most important for me is that we rediscovered Belarus to the world. Because before it was gray zone, like a backyard of Russia. And now we discovered, look behind Belarus, Lukashenko, the rest of the nation. people who want different lives, you know. And that's why, of course, you know, much more can be done to put pressure on the regime, much more can be done to assist Belarusian movement, but we achieved it with very limited resources. So I'm really proud of Belarusians.

8:26Rory Stewart:So one of the policy questions is, is it possible to bring Lukashenko away from Russia, or is he always traveling towards Russia? Is there a policy approach which allows some new strategy?

8:39Alastair Campbell:Look, it's very naive to think that we can split these two people because they need each other. They serve each other. You know, Lukashenko is earning money on the war against Ukraine. Russia uses Belarus as a huge loophole. Belarus enterprises producing military stuff for Russian war machine. For example, almost all the missiles complexes have Belarusian chassis, you know, Belarusian banks helping to avoid sanctions. And, you know, globally, Lukashenko, as I said, is the most pro-Soviet or pro-Russian person in Belarus. He always wanted to erase everything Belarusian, you know, from our land.

9:17Alastair Campbell:And Putin actually wants to make from Ukraine what he has in Lukashenko's Belarus now. Loyal, obedient country that will serve to Russia's interests, not to national one.

9:30Sviatlana Tsikhanouskaya:How did you feel when you saw Lukashenko sitting at one of his grand tables, signing his entry into Donald Trump's Board of Peace?

9:39Alastair Campbell:Look, his place is in the hug, not in any unities or alliances. And of course, for us, it's painful that Lukashenko, who is torturing people, who unleashed the most brutal repression our countries in four years, who wants to ruin our country, you know, that he's becoming part of any new alliances. Of course, you know, the perspective of these alliances is still unclear, but nevertheless, you know, Lukashenko percepts it as recognition and he just wants to be visible, you know, to show to principal democratic Europe that, you know, I'm an important person here.

10:24Rory Stewart:One route for Belarus, if you were to become president, is to become part of the European Union. But the problem, of course, is the European Union is not really expanding. If you are Bosnia, if you are Serbia, if you're Kosovo, if you're Moldova, you're worried about what it means to join the European Union. Do you have a vision of Belarus going into the European Union?

10:43Alastair Campbell:Look, we have to look into history. Our historic past was in the European family of countries. We're only about 200 years under influence of Russia, so we just want to return to our roots. And of course, I understand there are issues in the European Union, but for the first time, for 30 years of independence of Belarus, Europe started to say, Belarusians, you're part of our family, you are welcomed, and Belarusians feel perspectives. Because before in Belarus, nobody talked about entrance into the European alliance, because nobody proposed us this and we didn't believe that it's possible. Now this possibility is clear and Europeans doors are open for us, but we have to be prepared.

11:28Alastair Campbell:Of course, there should be different transformation of our country, reform so on and so forth, and we are preparing for this now. I think that Europe will only win from from Belarus if it's part of this economic military and value alliance.

11:47Sviatlana Tsikhanouskaya:We've just been talking to Bill Browder, and he was saying that essentially he thinks that Putin has to stay in power because the people actually would turn against him and he has to be there forever. Is Lukashenko in that same mindset, that he in his mind has to stay in power forever? and do you actually retain any hope that one day you or your husband might actually end up as

12:10Alastair Campbell:president of belarus do you still retain that hope i absolutely see belarus as free independent country i don't know how long it will take but what happened in 2020 you know our nation our people actually rediscovered themselves you know because never before we felt such unity we felt proud that we are Belarusians. Because, you know, before, where was Belarus? Nobody knew. Who are Belarusians? Oh, it's like, you know, forgotten Russians or whatever. But, you know, when you feel dignity for a nation, for your country, you know, for your future, it's very clear that people are not ready to give up in this fight.

12:46Alastair Campbell:And it's, you know, not my task or intention to be president or my husband. Our task is to make Belarus democratic, to organize free and democratic elections where people for the first time can freely choose their leader. It's very evident perspective for Belarus. And moreover, I think that changes in Belarus can lay path to changes in Russia, not vice versa.

13:10Rory Stewart:What are the lessons for how people should think about Ukraine and supporting Zelensky and dealing with Putin about Ukraine?

13:17Alastair Campbell:I think that Ukraine should win this war. We are not talking only about territories or about winning just one country. It must be the victory of all the democratic world. Because now the Russians are not fighting for the lands, for peace of land. They are fighting against values. And they are testing unity of Europe. They are testing transatlantic unity or how far they can go until there will be a clear and decisive answer from democratic world. If we lose Ukraine, it will not be the last country which Russia would like to invade. Baltic countries, you know, they were part of Soviet empire. You know, we just, let's recall that half of Germany somehow or someone was under Russian occupation.

14:04Alastair Campbell:So what, where are the ambitions of Russia and, you know, the problem of Russia that they don't know where their borders are.

14:11Sviatlana Tsikhanouskaya:Now, listen, it's been lovely to meet you. And I'm I'm sorry that we were a little bit late, so we don't have as much time as we'd have liked. But can I just take you a final question about Ireland? Because you grew up in an area that was affected by the Chernobyl disaster. And as part of the aftermath of that, children were taken to different parts of the world. And you ended up becoming a friend of Ireland through the Dean's family, I think they were called. Just tell us a little about that, because I'm currently trying to get an Irish passport post-Brexit. So I just want to be nice about Ireland everywhere I go.

14:44Alastair Campbell:Look, of course, Ireland will be in my heart for sure. Just imagine a child from post-Soviet Union country, you know, empty shops, gray days, though I had very, you know, happy family. But nevertheless, you know, this poverty was very clear. And you discover yourself in absolutely different worlds where people are smiling, where people are so happy, where shops are full of food. You know, in Ireland, first time I tasted ketchup or crisps, you know, it's absolutely different experience. You see huge shop malls and it's like huge shift in your understanding of the world because when you are blocked in your poverty, you don't think that there is life different from this.

15:27Alastair Campbell:And from that time, you think why we cannot live like the Irish? What's the difference? Actually, this Chernobyl program, I think, formed individual perception of many children that grew up in 2020. Italy, Germany, Austria, so many countries participated in this program. And we are so grateful for such solidarity of Ireland and other countries that you made much more than giving holiday for children of Chernobyl. You reopened another world for our countries.

16:04Rory Stewart:Well, thank you so much. We've been very, very honored to interview you. I'm sorry it wasn't longer. And very, very good luck with your campaigns. Thank you so much. Thank you.

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18:17Rory Stewart:We have now interviewed a number of extraordinary women who've actually stepped up when their husbands who are political leaders stepped aside.

18:26Sviatlana Tsikhanouskaya:A big part of her campaign was with the wives of other political figures who were in prison, exiled, whatever it might be.

18:34Rory Stewart:Well, perhaps the most striking one that people can listen to on leading is with Yulia Navalny, who when her husband was killed has essentially stepped up and taken on that mantle. And if we'd had longer, I think it would be fascinating to get into this question of how a private citizen who's essentially, as she says, not involved in politics at all, suddenly has to step up out of nowhere and become somebody who becomes the leader of a country.

19:01Sviatlana Tsikhanouskaya:Look, we get a lot of people saying we don't have enough women on the podcast. And the reason for that is in politics, it is still largely men who make it to the top. And I think what we saw recently with Maya Sandhu, what we've now just seen with her, is you say, a woman who've got real courage, real guts. But Bill Brown is also somebody who kind of stepped up unexpectedly. There's a guy whose background was this Communist Party grandfather who inspired him to become a raving capitalist, goes to Russia, makes himself rich, becomes admired by Putin because he's taking on the oligarchs, and then is kind of turned into Putin's enemy once Putin decides he's going to be the richest guy in the world.

19:41Sviatlana Tsikhanouskaya:So in a sense, you've got two very different stories, but both which reveal a side of this autocratic dictatorial power that I don't think we in the West understand nearly enough.

19:50Rory Stewart:And we keep circling around it. The Maya Sandhu thing we've just done, and yesterday I was with Albin Korty, the Prime Minister of Kosovo. What we're seeing is countries, which I suppose some of which are actually pretty small, countries with population 1.5 million. Belarus is bigger, 9.5 million. It's got a territory about the third size of Ukraine. But we're in a world, and we're doing this wrap up just before Trump arrives in Davos, in which the question of what you do as a small country is now one of the biggest questions in the world. Because the whole Trump doctrine is big, strong countries get to do what they want, and small countries basically have no protection.

20:31Rory Stewart:Which is why I think the whole question of how NATO works, how the European Union works, how you create to be pompous multilateral institutions that allow small countries to create collective security in a world when the US is leaving and Russia is Yeah.

20:47Sviatlana Tsikhanouskaya:It was interesting with Bill Browder how he was, I thought, given he still has to try to appeal to the Americans for the work that he's doing and the campaigns that he's running, that he didn't really, he was pretty heavy on Trump, I thought. Whereas I thought with her, she was clearly quite cautious about that. And I think that's the other issue we saw a little bit with Maya Sandu, again, that you've got to be in this sort of new Trumpian world. You've got to be very, very careful. But what I think with both of them, they are just people who really have seen how autocracies rise and then how they work.

21:21Sviatlana Tsikhanouskaya:I don't know about you, but in both of those interviews, maybe this is Trump derangement syndrome, but as Bill was describing the development of this corrupt system in Russia, I just felt that Trump was doing even more quickly than Putin did.

21:35Rory Stewart:Yeah. And again, I didn't develop the Greenland idea, but effectively what he was saying on Ukraine is that there's no point appeasing Putin because he's not actually making small concrete requests, which are reasonable logical requests about his security that you can deal with. Same is true with Trump in Greenland. He's not making requests that you can actually accommodate. This is distraction, performance, what you would say is entertainment. And appeasing that is very dangerous because you just make yourself weaker and the other person stronger.

22:05Sviatlana Tsikhanouskaya:Yeah. Did you detect in either or both of them any real hope that the change that they think should come is actually going to come.

22:14Rory Stewart:No, I was a bit dismal. Of course, there's a possibility that Lukashenko, who's been in over 30 years, is toppled in the way that suddenly we saw Assad toppled or Ceausescu on the balcony or Mugabe falling. But of course, what we remember looking at Maduro or Mugabe is that often these guys are toppled and then some horrible autocratic security regime comes in to replace them. We're recording this when we have some of the same questions about what happens if Ayatollah Khamenei is toppled in Iran. So I didn't feel a great deal of hope, did you?

22:49Sviatlana Tsikhanouskaya:No. I felt that they were constantly trying to project that because in a way when you're campaigning you have to. So I think what I saw in her was somebody still fighting, still trying to be optimistic. This is why I'm so fascinated with this whole Putin story because Because it was interesting listening to Bill Browder, pretty tough on the way that we operated, pretty tough on the kind of way that London allowed this Russian oligarch money to come in. And that's why I was keen to know from her whether she felt that the West had the right mindset, had the right attitude, had the right approach.

23:24Sviatlana Tsikhanouskaya:Because yes, Belarus is more on the map than it was, but you don't get the feeling that many of the big leaders in the world are sitting there thinking we must do more for Belarus.

23:33Rory Stewart:I remember in 2005, I'd just come out of Iraq with the Foreign Office and I bid to be the ambassador to Belarus. I was going to try to be the ambassador to Belarus. And at the time, with our mutual friend Gerald Knauss, the fantasy was this is the last dictatorship on the edge of Europe, I go to be ambassador, this is going to be the transition period. This is optimism. It might not take over, but I could be part of this wonderful movement where Belarus is going to leave Russian control, join the European Union. It was the height of optimism only 20 years ago. And of course, if I'd got the job, I would have been ambassador in Belarus.

24:13Rory Stewart:Time would have passed, time would have passed, time would have passed. And 20 years later, I would have wondered what I was thinking. What job did you get instead? I instead went off to Afghanistan to open my charity. Okay, okay. Well, that's pretty good. So you were snubbed for Belarus. Yeah, and then sheft.

24:28Sviatlana Tsikhanouskaya:So Belarus has played a very important part in your life.

24:31Rory Stewart:An incredibly important part in my life. They'd sent me as ambassador to Belarus. I totally had drunk Gerald's Kool-Aid and I absolutely believed, you know, Belarus was on the verge of revolutionary change and I could be there at the time.

24:40Sviatlana Tsikhanouskaya:If you'd gone there, you'd probably ended up now as perhaps our ambassador in Washington.

24:44Rory Stewart:Well, let me finish with one thing, which is that, you know, a lot of this was about sanctions. And I think if we'd spoken to her more, she's beginning to suggest that there may be more accommodations you can make and it's really difficult. What do you do with these regimes? Do you freeze them out or do you try to talk to them? One of the things we haven't talked about enough and we should get into more is the collapse in the oil price, which I'm hearing all the way around this conference. Saudi has much less money now than it did a few months ago. Russia has much less money. This is an inadvertent consequence of Trump trying to drill, baby drill, and pushing the companies into Venezuela.

25:19Rory Stewart:One of the things that may actually change things in Russia may turn out not to be actually all these elaborate sanctions, but something as simple as the price of commodities.

25:28Sviatlana Tsikhanouskaya:Interesting. Well, look, we've just been talking to Gavin Newsom, Governor of California, because he was making the point. He seemed quite confident that Trump was going to back down over Greenland. I don't feel that confidence at all, but he was saying that's because of economic pressure, in his case, the markets. But you have been hearing all week a lot of talk of the volatility playing out in ways that maybe won't help Trump politically.

25:53Rory Stewart:Just to finish with this, because I think it is important, and I know you get very irritated in these conferences, and I have to try and make the argument to try to persuade you to come back again. But what we are seeing is, again, we've just seen the governor of California, we're looking at dissident meters, we're meeting obviously many, many people who are big business people, as I saw the heads of all the big tech companies yesterday. What we're picking up is I think the amazing contradictions and irrationalities in the way people try to deal with what Trump's doing in the world. You have what Newsom was talking about there, which is the market mentality.

26:30Rory Stewart:People either saying to you as they were two days ago, oh, Greenland will be fine because the markets haven't moved, or today the markets are down 2.5 % so Trump will back off. The other story which I saw from people that we both know well at senior levels of British government yesterday, which is, oh, we just got a message from Washington, it's all going to be fine. I think we've dealt with this crisis, I think he's backed down, which again I think is a form of human psychology, optimism bias, groupthink, sunk cost fallacy, appeasement.

27:02Sviatlana Tsikhanouskaya:Well, I think the most important moment of Davos was Mark Carney's speech. I think You and I talk to him pretty regularly. I think he has been saying for some time privately what he came out with publicly. And trying to say to the British. I think he's been saying it privately to lots of other leaders that you have got to stop pretending that this is going to go back to business as normal. I thought his most important line was, this is not a transition, it's a rupture. um and and even gavin newson there was basically saying that the the scale of change that we're seeing now you know let's forget the idea we're just going to go back to something sort of all hold hands and kumbaya so i know you're right it's fascinating to see all this unfold uh so i think that was the most the most significant moment but um it has been great to meet some of these ngos charities not just the sort of big business people but the people who are here trying to get

27:54Rory Stewart:the money and and also see what's being pushed aside i mean the way in which many of the people who were on the train with me today, a climate activist, environmental, nature activist, disability activist. I can remember being here a few years ago and all that people talked about was DEI and climate. Absolutely. I met the head of DEI yesterday and it's difficult. It's tough, these transitions. So no, I think even though you hate it, it's a good way of keeping your finger on

28:18Sviatlana Tsikhanouskaya:the pulse. I don't hate it. I just get more irritable than I normally am, Rory. You know, I'm normally not very irritable. But anyway, it's been good to be with you here in Davos and I hope our viewers and listeners have enjoyed this package on very different experiences of Vladimir Putin.

28:33Rory Stewart:And if you want to geek out, remember we have an interview with Litvinenko's widow, with Yulia Navalny, of course the interview with the President of Moldova, the interview with the Foreign Minister of Ukraine, all of which are ways of trying to flesh out the picture of Russia's effect on the world.

28:49Sviatlana Tsikhanouskaya:Yeah, and if Vladimir Putin or Sergei Lavrov wanted to come on the podcast, we would have them willingly. Very good. Thank you, Alison.

29:01Bill Browder:Ready to lead at the highest level? Kelly's online Executive Doctor of Business Administration is built for professionals who think strategically and lead with impact. Apply advanced research directly to your organization while earning a respected doctorate from anywhere with a fast-track option for MBA holders. Tap to learn more about elevating your influence, your credibility, and your career with Kelly's program. Learn more at kelly.iu.edu.

From the publisher

How did Sviatlana Tsikhanouskaya go from being a housewife to leading a Belarussian government in exile? How did Aleksandr Lukashenko become the last dictator in Europe? Why was Segei, Sviatlana’s husband, imprisoned for opposing the Putin-backed regime? 

Alastair and Rory are joined by Sviatlana Tsikhanouskaya who, along with Bill Browder, is part of a two part series featuring those standing up to Putin. 

Join The Rest Is Politics Plus: Start your free trial at therestispolitics.com to unlock exclusive bonus content – including Rory and Alastair’s miniseries – plus ad-free listening, early access to episodes and live show tickets, an exclusive members’ newsletter, discounted book prices, and a private chatroom on Discord.

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