Hamster Kombat takes Telegram by storm, helping app’s crypto ambitions Members Public

A Russian-developed mobile game linked to the world of cryptocurrency has proved a mega hit for Telegram, providing a big boost to the app’s founder, Pavel Durov, and his own blockchain project. Hamster Kombat, a simple game in which players pound their phone screens to generate virtual currency, has

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Business

THE BELL WEEKLY: The viral crypto hamster game with Russian roots Members Public

Hello! This week we look at how a viral game featuring a Hamster CEO with Russian roots is providing a boon to Telegram’s crypto ambitions. We also speak to a former finance ministry official about the hidden reasons behind Russia’s tax rises, and explore why hearings in a

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Newsletters

U.S. secondary sanctions menace Russian economy Members Public

Hello! Welcome to your weekly guide to the Russian economy — written by Alexander Kolyandr and Alexandra Prokopenko and brought to you by The Bell. This time we look at a new round of U.S. sanctions that seek to “strangle” Moscow’s war machine, and why Russia’s steadily falling

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War helps Russian jewelry market shine again Members Public

Money from the war is pumping up the unlikeliest corners of the Russian economy. As soldiers’ families back home look to splash the cash from their loved ones’ bumper salaries, retail sales of jewelry are set to climb by at least 15-20% this year, according to figures collected by Kommersant.

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Business

A ‘competitive’ tax rate? Members Public

Finance Minister Anton Siluanov keeps saying that even after income tax rates go up, Russia’s tax regime will remain “competitive and comfortable.” It is true that Russia’s headline rate of personal income tax rate was, and will remain, low compared with other countries. But those who paid close

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Economy

THE BELL WEEKLY: How much tax do Russians really pay? Members Public

Hello! This week we further unpack Russia’s planned tax rises, analyzing just how competitive Russia’s payroll taxes really are. We also look at how the war in Ukraine has helped polish the fortunes of Russia’s jewelry market. A ‘competitive’ tax rate? Finance Minister Anton Siluanov keeps saying

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Newsletters

Why is Russia’s economy booming? Members Public

Hello! Welcome to your weekly guide to the Russian economy — written by Alexandra Prokopenko and Alexander Kolyandr and brought to you by The Bell. Our top story this week is the St. Petersburg Economic Forum and Russia’s rapidly growing economy. We also look at the Central Bank’s decision

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Russian “Trolls” turn to Western AI for their disinformation campaigns Members Public

Russian internet trolls have been caught using Western AI to generate and spread disinformation about Moscow’s invasion of Ukraine. Russia’s own homegrown AI-powered services aren’t up to the task since they are coded to refuse to answer questions related to the war in order to avoid breaking

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Politics
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