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On April 30, 1980, six heavily armed gunmen burst into the Iranian embassy on Princes Gate, overlooking Hyde Park in London. There they took 26 hostages, including embassy staff, visitors, and three British citizens. A tense six-day siege ensued as millions gathered around screens across the country to witness the longest news flash in British television history, in which police negotiators and psychiatrists sought a bloodless end to the standoff, while the SAS – hitherto an organisation shrouded in secrecy – laid plans for a daring rescue mission: Operation Nimrod.

Undeterred by eight years of timid US sanctions, Vladimir Putin ordered his full-scale assault on Ukraine on February 24, 2022. In the hours that followed across the world, Western leaders weaponised economic tools to counter an unprecedented land grab by a nuclear-armed power. What followed was an undeniably world-changing financial experiment that risked throwing the world into a devastating recession.