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behind the numbers

Investment risk: lessons from Russia

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In this episode of Behind the Numbers, we discuss how businesses can best navigate geopolitical risk.

With the Trump administration’s push for tariffs, and wars taking place in Europe and the Middle East, doing business internationally is increasingly unpredictable. We explore the lessons learned from Russia’s recent history – beginning with the fall of the Soviet Union in 1991 all the way through to the invasion of Ukraine in 2022 – and the strategies that businesses can put in place to move quickly should similar risks materialise.

Host Philippa Lamb is joined by Peter van Veen, ICAEW Director of Corporate Governance and Stewardship, and Charles Hecker, author and risk analyst.

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Transcript

You can read the full transcript of this episode here.

Links

Host

Philippa Lamb

Guests

  • Peter van Veen, Director, Corporate Governance and Stewardship, ICAEW
  • Charles Hecker, author and risk analyst

Producer

Natalie Chisholm

Episode first published: 20 June 2025
Podcast recorded: 13 June 2025

All views expressed on this podcast are those of the contributors and don’t necessarily reflect those of ICAEW or its members.

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