Far Crimea: war comes to Russia’s door
The Intelligence from The Economist
The Economist
4.5 • 3.7K Ratings
🗓️ 26 June 2026
⏱️ 28 minutes
🧾️ Download transcript
Summary
Ukraine is intensifying cross-border attacks in a strategic and psychological effort to make ordinary Russians take notice of the war. We have been collecting reports from the ground on shifting attitudes as occupied Crimea comes under fire. Why the valuation of Elon Musk’s SpaceX affects us all. And celebrating the life of former Fed chair Alan Greenspan.
Guests and host:
- Matt Steinglass, Europe editor
- Josh Roberts, capital markets correspondent
- Ann Wroe, obituaries editor
- Rosie Blau, co-host of “The Intelligence”
Topics covered:
- Ukraine, Crimea, Zelensky, Putin
- SpaceX, Elon Musk, trillionaire, valuation
- Alan Greenspan, Federal Reserve, monetary policy
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Transcript
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| 0:00.0 | The Economist. |
| 0:09.6 | Hello and welcome to the intelligence from The Economist. |
| 0:13.5 | I'm Rosie Bloor. |
| 0:19.0 | Today on the show, how the value of SpaceX affects you and me, |
| 0:23.6 | and remembering Alan Greenspan, the maestro of monetary policy. |
| 0:31.6 | But first... Last week after Ukraine suffered a particularly massive overnight bombardment, President |
| 0:48.3 | Velodemir Zelensky issued a warning. If Ukraine burns, your Moscow will burn too. |
| 0:57.3 | Since then, the intensity of Ukrainian strikes on Russian territory has been stepped up. |
| 1:04.1 | Smoke obscured Moscow's skyline as oil refineries were set ablaze. |
| 1:11.9 | The Crimean Peninsula, which has been under Russian occupation since 2014, |
| 1:17.0 | has also been attacked. |
| 1:19.0 | The campaign aims to bring war to Russians' doorstep. |
| 1:22.9 | The question is whether it will alter the course of the conflict |
| 1:26.0 | or simply provoke further escalation. |
| 1:29.8 | Crimea has been under attack from Ukrainian drones for months now. |
| 1:36.3 | Matt Steinglass is our Europe editor. |
| 1:38.9 | Most recently, drones have hit power lines, causing blackouts. |
| 1:42.1 | The Ukrainians blew up an oil terminal in Kerch, |
| 1:46.0 | and they have repeatedly hit ferries, which served as one of the peninsula's main arteries of supply. |
| 1:52.8 | Lourries are having a lot of trouble getting through. They have to take a long highway, |
| 1:57.1 | but that highway is also vulnerable to Ukrainian drones. It's littered now with the hulks of burnt out cars and trucks. |
| 2:05.1 | And last week, Mikhailo Fyodorov, Ukraine's defense minister, |
... |
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