Both the British and Russians are amazed when a submarine from each country disappears and the only link is a microfilm detailing the movements of the British submarine meaning that somehow a submarine can be tracked via it's "wake". The British sends agent James Bond and the Russians send Major Anya Amasova, otherwise known as "Triple-X". After first fighting against each other over the microfilm, the two agents are ordered to work together against the real enemy, mad shipping billionaire Carl Stromberg who plans to use the submarines to destroy the world via nuclear missiles so that any survivors are forced to live in Stromberg's dream world beneath the sea. However James must also defend himself against Anya as she finds out that James had killed her lover on a previous mission...