UK’s Secret Back-Channel to Kremlin Exposed Amid Fears London Is Being Sidelined in Ukraine Talks

UK’s Secret Back-Channel to Kremlin
The Week That Shaped the World — 7 - 14 November 2025

London Tried to Reach Moscow — and the World Moved On: The Week’s Defining Stories

Some weeks arrive quietly, without the usual drama, yet you feel something shifting underneath.
London’s awkward attempt to open a back-channel to Moscow set the tone — not a grand diplomatic move, more a faint knock on a door that no longer swings our way. And while Westminster tried to pretend this was business as usual, the rest of the world drifted into its own pattern of uneasy movement.

America softened its stance on Syria, almost as if testing how far the ground would give.
China tightened the circle around Taiwan with a steadiness that didn’t need to shout.
Iran eased one part of life and clamped down on another, like a regime unsure which mask to wear.
South Sudan lurched back toward the old ghosts it never managed to bury.

And then the markets chimed in — Toyota throwing billions into the U.S., Wall Street refusing to match the gloom in Europe, China’s banks smiling on the surface while something tugs at the seams underneath. Even the global economy feels like it’s drifting away from the old rhythm, the one we all pretended was predictable.

Nothing explosive. Nothing cinematic.
Just the kind of week where the world tilts a fraction, and you have to pay attention not to miss it.

“The big turns rarely announce themselves — it’s the small uneasy moments that tell you the map is already changing.”

1. UK’s Secret Back-Channel to Kremlin Exposed Amid Fears London Is Being Sidelined in Ukraine Talks

You could almost hear the collective intake of breath across Whitehall this week when the Kremlin casually confirmed it: yes, London tried to open a back-channel to Moscow — and no, it didn’t go anywhere.
A discreet attempt by Jonathan Powell, a former national security adviser, to speak with Yuri Ushakov, one of Putin’s closest aides. An old-fashioned diplomatic whisper, the kind governments make when the room is getting too loud and the options too thin.

Officially, it was an effort to “convey the European position on Ukraine”. Unofficially… well, the timing says more than any briefing note. Washington is drifting into its post-election recalibrations, and Europe — especially Britain — can feel the ground shifting. Not dramatically, not openly, but unmistakably.

The Kremlin’s readout was brutal in its simplicity: London arrived eager to speak, far less eager to listen. The conversation “did not develop”. A diplomatic euphemism with the weight of a slammed door.

But the significance of the call lies not in what was said — it lies in what forced Britain to pick up the phone in the first place.

In recent weeks, quiet mentions of the Alaska meeting between Trump and Putin have circulated among diplomats — not as confirmed fact, but as a shadow that won’t go away. No leaks, no transcripts, no triumphant statements. Just silence. And in geopolitics, silence is rarely accidental.
Those who understand power don’t need details; they read the absence of them.

The emerging shape is uncomfortable: two major players discussing the future of Ukraine, while Europe — and especially Britain — senses it is no longer at the centre of the table. Sidelined, politely, but unmistakably.

Powell’s call, then, wasn’t a diplomatic exercise. It was an alarm.
A reminder that Britain still wants to be in the room — even if the room is no longer waiting for it.

“The most dangerous moments in politics are never the loud ones; they’re the quiet shifts no one admits to noticing.”

2. Washington Softens Its Grip: US Partially Suspends Sanctions on Syria After Historic Meeting

It happened quietly, almost too quietly for an event that could reshape the Middle East. Washington has announced a partial suspension of its long-standing sanctions on Syria — a 180-day pause carved out of what was once one of America’s strictest economic tools. And the timing of it all? Days after a face-to-face meeting between the US President and Syria’s leadership. The first such meeting in years.

No declarations. No dramatic speeches. Just a shift — subtle, deliberate, unmistakable.

For more than a decade, US sanctions have strangled the Syrian economy, freezing what little remained of its global access and positioning Washington as the region’s immovable arbiter. To soften that stance now signals one thing: priorities are changing. And the White House doesn’t revise its Middle East policy without a reason.

What exactly was discussed behind closed doors, no one is saying. Not a word. And that silence, as usual, says more than any press conference could. A partial easing of sanctions is never a gesture of goodwill; it’s a strategic opening, a recalibration, a testing of new ground. Perhaps even the outline of a deal.

Syria, battered and fractured, suddenly finds itself back in the diplomatic frame. A place it hasn’t occupied for years. Neighbours are watching. Israel, Turkey, Iran — all calculating what this new American posture might mean. Because when Washington shifts, the region doesn’t merely adjust. It trembles a little.

For Britain and Europe, the message is equally sharp: the US is setting the tone in the Middle East again, and the rest of the world can only try to keep pace. Whether this pause becomes a pivot — or simply a fleeting experiment — will shape regional politics for months, if not years.

“Great powers rarely turn the page with ceremony. They simply stop reading the old paragraph — and begin a new one in silence.”

3. Iran’s Dual Reality: Social Freedoms Loosen as Political Repression Deepens

Iran is performing one of its strangest balancing acts in years — loosening the reins on everyday life while tightening them everywhere else. Walk through central Tehran today and you’ll see a country that looks, on the surface, more relaxed: women moving freely without mandatory veils, young couples strolling without fear of a morality patrol, Western music drifting out of cafés that once kept their speakers firmly pointed at the floor.

A picture of liberalisation, almost. But only if you squint.

Because beneath that thin layer of ease, the state is cracking down harder than it has in a decade. Arrests have surged. Dissent is answered swiftly, often quietly. Political activists are disappearing into the machinery of the judiciary, and executions — the darkest measure of pressure — have climbed sharply. A regime easing the veil in public, only to pull the curtain tighter in private.

The contradiction is deliberate. Iran is struggling under economic strain, international isolation, and a regional landscape shifting faster than its leadership can stabilise. Social relaxation buys the government breathing room; political repression ensures no one mistakes that breathing room for weakness.

Middle Eastern analysts describe it as a “controlled release valve” — too much pressure and the street explodes; too little and the system fractures from within. Tehran understands this equation well. It has played it for decades.

But the world around Iran is different now. The Gulf states are recalibrating. Israel is locked in its own turmoil. Washington is rewriting its rulebook in the region. And Russia — newly assertive — is strengthening ties that once seemed merely symbolic.

In that context, Iran’s double game feels less like improvisation and more like preparation.

“Power doesn’t vanish when it’s threatened — it mutates. And Iran has always been a master of disguises.”

4. China Turns Up the Pressure: Military Drills Around Taiwan Signal a New Phase of Confrontation

China has tightened the circle once again. Over the past week, Taipei has reported a sharp rise in Chinese military activity: fighter jets crossing the island’s air defence identification zone, naval vessels edging closer to territorial waters, and a series of manoeuvres that look less like routine drills and more like a rehearsal of something far more serious.

Beijing insists it’s “normal military activity”. Everyone else knows what that means.

Taiwan has lived with this pressure for years, but the tempo is changing. The drill patterns are tighter, the response times quicker, the messaging louder. And the region is paying attention. Japan, acutely aware of what a Taiwan crisis would mean for its own security, has quietly raised its alert levels. The United States, unwilling to appear absent, has increased reconnaissance flights over the strait.

No one is firing shots. No one is crossing any red lines.
But everyone is inching closer.

The logic is brutally simple: China wants to remind the world that the future of Taiwan will be written in Beijing — not Washington, not Tokyo, not Brussels. And every time a Chinese bomber skirts the edge of Taiwanese airspace, that message lands a little heavier.

Taipei, for its part, is trying to project calm. Resilience is the official line. But beneath that veneer lies a growing understanding that the next decade may define the island’s fate. Not through invasion — that remains the most dangerous, least likely scenario — but through a slow, grinding campaign of pressure, intimidation and encirclement.

The kind of campaign that exhausts an opponent without firing a single missile.

For the global economy, for semiconductor supply chains, for regional security, the implications are enormous. And Beijing knows it.

“Some crises roar. Others whisper until the world realises the walls have already moved.”

5. South Sudan Edges Toward Collapse: A Fragile Peace Frays as Violence Creeps Back

There are places where history refuses to move on, and South Sudan seems determined to prove that point again.
Over the past week, the country has been sliding — slowly, almost imperceptibly at first — back towards the chaos it once vowed never to revisit. Small clashes in isolated towns. A convoy ambushed on a dusty road. A governor accusing rivals of plotting against him. Nothing dramatic on its own… but together these cracks form a pattern people in the region know far too well.

The United Nations offered its usual carefully-shaped line — “heightened instability” — which sounds oddly polite considering what’s unfolding.
On the ground, aid workers say it plainly: people are packing what little they own and walking away from their homes. Again. The camps are swelling. Again. And the political class? Still bickering over power as if the country were not held together by a thread thin enough to snap under its own weight.

This wasn’t how things were supposed to turn out.
After years of war, there was a moment — brief, but real — when it looked as if South Sudan might actually steady itself. Money came in. Advisers came in. Every foreign diplomat with a notebook had something to say about “reconciliation”. It almost felt believable.

But the peace deal was always a fragile thing, built on promises people made because they were too exhausted to keep fighting — not because they trusted each other. And now the exhaustion has faded, and the mistrust has come roaring back.

Neighbours are watching with the kind of nervous silence that means they’ve seen this movie before. If South Sudan falls apart again, the consequences won’t stop at its borders. They never do. The region is already balancing drought, displacement, and the kind of slow-burn conflicts that don’t make headlines until it’s far too late.

“Some countries break loudly. Others simply drift out of reach — and by the time anyone notices, they’re already gone.”

6. Toyota’s $10 Billion U.S. Bet: A Pivot in the Automobile Game

It’s more than just an investment. When Toyota Motor Corporation announces production has actually started at its $13.9 billion battery plant in North Carolina and reveals an additional up-to-$10 billion pledge in U.S. investment over the next five years — the automotive world takes note. 
Liberty, North Carolina: 1,850 acres, 14 production lines, a projected 30 GWh annual battery capacity. Up to 5,100 new jobs. This is Toyota’s first battery facility outside Japan.

 The implication? A major shift in global manufacturing. For years, the narrative was about moving production to low-cost regions. Now Toyota is building battery powerhouses in America — where subsidies, supply-chain politics and labour dynamics are radically different. Europe and Asia both see the ripple.

In context, this isn’t just about vehicles. It’s about energy, autonomy, geopolitics. Batteries power more than cars; they power ambition. For the U.S., this revitalises manufacturing. For Toyota, it signals: we’re not just riding the electric vehicle wave, we’re defining the shore.

And let’s not ignore the backdrop: the administration sees it as a winsome story of reshoring jobs, securing supply chains, flexing industrial muscle. The automaker uses the opportunity to say: we build where we sell. 

Meanwhile, the incentives and local commitments? They tell another story of regional politics playing out on factory floors.

For Europe and the UK, the message is clear — U.S. manufacturing is becoming more competitive again. If battery production gravitates to America, what does that mean for Britain’s promise of EV leadership? And more broadly: if global supply-chains are redrawn, who wins and who gets left behind?

Toyota’s gamble is bold. It assumes stable policy, consistent materials flow (lithium, nickel, cobalt) and no major disruption. It also bets that electric vehicles — hybrids, plug-ins and full BEVs — become mainstream much faster than many think.

“When a company stops chasing the future and starts building it, the ground around it shifts beneath the rest of us.”

7. The U.S. Surprise: An Economy That Simply Refuses to Slow Down

There are weeks when you look at the numbers and think, no, that can’t be right.
This was one of them.

Everyone spent months muttering about cooling growth, a soft landing, some tidy little dip in confidence. And then America turns around and does exactly the opposite — again. Not with fireworks, not with some grand White House declaration, but with a quiet, stubborn resilience that makes forecasters look faintly embarrassed.

And at the centre of it all?
AI — but not the glossy keynote version.
The real, industrial kind.

Money is pouring into data centres, chips, power infrastructure. Proper investment, the sort you can touch. Companies aren’t hesitating; they’re behaving as if the future has already been decided and the only mistake would be arriving late. Markets picked up the scent early. They always do. Share prices shifted before economists had even rewritten their models.

It’s irritating for some — especially in Europe.
Not envy. Irritation.
The Americans zigzag through political chaos yet somehow keep turning out growth figures that refuse to behave. Consumer spending holds up. Productivity nudges upward. Tech investment doesn’t just rise — it accelerates. And each time the U.S. shrugs off another gloomy forecast, global markets shuffle to match its rhythm.

In Britain, you can almost feel the discomfort.
We talk endlessly about long-term strategy, innovation, national renewal.
The U.S. simply builds the damn thing.

None of this means the picture is perfect. Inflation is still clinging on. The labour market is uneven. Households are juggling more than they’d like to admit. But the broader shape — the direction — is clear enough: America isn’t slowing. If anything, it’s pushing for another climb.

And that leaves a quietly brutal lesson for the UK and Europe: fall behind on AI and you don’t get a second chance.

“Economies move towards whoever has the courage — and the cash — to build what comes next.”

8. China’s Banks Look Steady on Paper — but the Cracks Are Starting to Show

China has a habit of presenting calm figures while the floor quietly shifts beneath them.
This week was a perfect example.

On the surface, the country’s largest banks posted steady profits — the sort of clean, orderly numbers that make it look as if everything is under control. Respectable returns. Predictable charts. A reassuring nod to stability.

But then you look one line down.
Margins are shrinking.
Again.

Not dramatically. Not enough to spark panic. Just a slow, persistent squeeze — the kind that tells you the system is working harder than it should to look “normal”. And in China’s financial sector, when margins slip, it isn’t an accounting issue. It’s a warning.

The economy is under pressure from too many angles at once: a property market that still hasn’t found the floor; local governments drowning in debt; consumers who aren’t spending the way they used to; and a manufacturing sector trying to stay competitive in a world where supply chains are no longer guaranteed to play along.

Banks are the mirror of all that.
And right now, the reflection is uneven.

Officials will say, of course, that everything is contained — it’s always contained until it isn’t. But the truth is simpler: if margins continue to narrow, banks will tighten lending. When lending tightens, small firms suffocate first. And when they suffocate, unemployment rises. It’s a chain China knows too well and desperately wants to avoid repeating.

Foreign investors are watching with that familiar mix of fascination and dread. They’ve seen this movie before — different country, different decade, same plot: impressive topline numbers masking a structure that’s quietly losing its balance.

For the global economy, this matters. When China coughs, supply chains tremble. When China hesitates, commodity markets freeze. And when Chinese banks start blinking, the rest of the world pays attention — even if Beijing pretends nothing’s happening.

“The most dangerous cracks are the ones a system paints over — until one day the paint falls off.”

9. The World Economy Is Changing Shape — and the Old Boom-and-Bust Story No Longer Fits

There’s something odd in the air — and not the sort of odd you can dismiss with a clever graph.
It feels as if the global economy has quietly nudged itself into a different position while everyone was busy arguing about interest rates.

For years we comforted ourselves with that old rhythm: things speed up, things slow down, the cycle repeats. Familiar. Neat. Almost reassuring.
But look closely now and the pattern doesn’t line up anymore. At all.

The movements are slower. Heavier.
Less like a swing — more like a plate sliding across a table.

Wages are behaving strangely. Energy markets keep jolting from one reality to another. Some sectors can’t hire; others are shedding people faster than expected. AI has crept into the boring parts of the economy — administration, logistics, routine decision-making — and suddenly productivity curves are bending in places no one predicted.

You can sense policymakers trying to keep the old framework alive, even as it slips through their fingers.
They talk about “soft landings”, “target inflation”, “normalisation”.
But the world they’re trying to normalise into… doesn’t quite exist anymore.

Investors have realised it sooner than governments.
You can tell by the way money is moving: into chips, grids, ports, security, data. Not because it’s fashionable — because these are the bones of whatever world comes next.
It’s long-term capital with a slightly nervous edge: the feeling you get when the map is changing but no one’s brave enough to redraw it.

For the UK and much of Europe, the message is awkward.
We keep waiting for the cycle to “return”.
But maybe it won’t.
Maybe it’s not a cycle at all — just a slow shift in the centre of gravity, inch by inch, until one day you realise you’re standing somewhere completely new.

“History rarely snaps. It drifts — and most people only notice once the ground has already moved.”

10. The White House Flirts with a New Idea: Paying Americans a ‘Tariff Dividend’

Every so often Washington digs up an idea that makes half the country raise an eyebrow and the other half reach for a calculator.
This week it was the notion of a “tariff dividend” — a direct payment to American households, supposedly funded by the money the government collects from import duties.

On paper it sounds almost harmless.
Up to $2,000 a year for millions of families. A neat political message: “global trade pays you back.”
But the moment you scratch the surface, things get murkier.

Tariffs aren’t free money. They’re taxes — just hidden in the price of everything from trainers to microwaves. And when a government starts handing people cash funded by those same price hikes, it’s not a dividend. It’s a loop. An expensive one.

Still, the idea has momentum.
Populist economics always does when the public is tired, wages feel thin, and the global economy looks slightly unhinged. And right now, America is in exactly that mood: confident in its strength, wary of the world, restless for something bold.
A neat payout tied to “standing up to foreign competition” fits the mood perfectly.

Businesses are less amused. Importers see higher costs. Retailers see thinner margins. Economists see inflationary sparks everywhere. And trading partners — particularly in Asia and Europe — see yet another sign that the U.S. is drifting back towards economic nationalism, wrapped in shiny domestic packaging.

But here’s the twist: the White House hasn’t committed. Not fully. It’s testing the air, watching how markets react, waiting to see whether voters fall in love with the idea or shrug it off as pre-election theatre.

For Britain, the story matters more than it appears.
If the U.S. shifts further towards tariffs and rebates, global pricing will change — and the UK, with its open-market economy, will feel the turbulence long before it can adjust.

“Policies dressed as gifts tend to cost far more than the ribbon they arrive with.”

Author

Adam Jenkins

Author at Prime Economist

As the world faces yet another crisis, one thing remains unchanged: the
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