All right, Alexander, let's talk about the Munich Security Conference, the MSC 24.

Interesting people attending this conference. The focus, of course, is on Ukraine. The guest of

honor is Zelensky, but everyone was there.

Kamala and Ursula and Blinken, Schultz, Erbock, Kayakalus.

Everyone was there talking about how bad Russia is, how bad Putin is, and Zelensky asking for

weapons and money. And I have to say Zelensky did not look good, does not look good. And I think

the Europeans are absolutely panicking. And it's not only Russia that they're panicking about.

They're also panicking about Trump as well and all the statements that he made about NATO. And so you have a pretty

a pretty somber mood in Munich. But they're still going to parties. They're still going to

after parties and having a good time.

But during the conference, you can tell that they don't have that, that excitement and

that intoxication, a word you like to use, that they had in 22 just before the conflict

in Ukraine started.

Everyone needs, everyone should remember that it was in

2022 when you had the Munich Security Conference and they were talking up the war with Russia

and Zeletsky was running around. At that point in time, he was still wearing a suit. He was

running around talking about how Ukraine is going to get nuclear weapons.

And that was two weeks before the SMO kicked off. So anyway, what are your thoughts on the MSC?

You are completely right. You forgot to mention another person who turned up with the security

conference, who was Navalny's wife, by the way.

And I have to say, I mean, you know, without wanting to be, I found her remarkably composed

in the circumstances, but that's all I'm going to say. Anyway, there they all were, as you rightly

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