A refreshing, polemic-free view of Russia
Book review: Who lost Russia? – How The World Entered A New Cold WarThe blunders that led to a resurgence of nationalism.
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
You are now subscribed
Your newsletter sign-up was successful
Want to add more newsletters?
Twice daily
MoneyWeek
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
Four times a week
Look After My Bills
Sign up to our free money-saving newsletter, filled with the latest news and expert advice to help you find the best tips and deals for managing your bills. Start saving today!
As recently as 15 years ago, many still believed that Russia would become a benign liberal democracy. Today, it is regarded as an international pariah. In his new book, journalist Peter Conradi looks at the blunders that thwarted the reformers, and led to a renewed resurgence of nationalism.
Much of what is written about Russia is "warped by polemics", says John Thornhill in the New Statesman. So it's "refreshing" to read "so well-written and dispassionate an account". The book could have done with a bit more "colour and sizzle", says Edward Lucas in The Times. But it neatly debunks many "myths and misapprehensions". Overall, this is a "sober and skilfully constructed" book that emphasises that "it was not just Russia that lost a sense of purpose and status after 1991", says Arkady Ostrovsky in The Sunday Times. The West also suffered from "a striking lack of vision, imagination and strategic thinking" in its failure to help Russia adjust to a new world.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.

-
ISA fund and trust picks for every type of investor – which could work for you?Whether you’re an ISA investor seeking reliable returns, looking to add a bit more risk to your portfolio or are new to investing, MoneyWeek asked the experts for funds and investment trusts you could consider in 2026
-
The most popular fund sectors of 2025 as investor outflows continueIt was another difficult year for fund inflows but there are signs that investors are returning to the financial markets