Trump sanctions Russian oil: What does it mean? PRO 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 week we analyze the possible impact of Donald Trump’s sanctions on Russian oil majors, Rosneft and Lukoil. We also cover the central bank’s
Sanctions split PRO Members Public
Europe and the US are still moving in different directions over sanctions. This week Britain greatly expanded its sanctions list to include major Russian oil companies. But the practical effect may be limited unless other countries join in. Meanwhile, after speaking with Putin over the phone, President Donald Trump said
Interest rates set to stay higher for longer PRO 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. Our focus this week is on how the Central Bank will have to keep higher interest rates in place for longer, raising the prospects of stagflation.
Europe without Russian gas PRO Members Public
The EU has taken another technical step towards completely phasing out Russian oil and gas by 2028, with EU ambassadors formally submitting the proposal to member states for consideration, Reuters reported. The details should be resolved at a ministerial meeting before the Oct. 20 vote. * The big news is that
Tax crackdown on Russia’s small businesses PRO 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 week we discuss the government’s tax crackdown on small businesses, its possible effects and what could be motivating it. We also look at the
Slaughtering a sacred cow: How the IT-sector lost its tax breaks PRO Members Public
To top up the budget, the government decided not only to hike VAT and taxes on small and medium businesses. For the first time, it is trimming its system of support for the IT industry, one of the few sectors regarded as strategically important and that has long enjoyed a
Russia’s budget at risk of economic reality PRO 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 week we continue our analysis of next year’s budget, digging into how economic reality could upset its overly optimistic assumptions. Russia overlooks sanctions and
Russia’s budget: Paper tiger or invincible bear? PRO 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. This week we analyze Russia’s draft budget plans for 2026, which show neither the “paper tiger” economy portrayed by Donald Trump nor the invincible “bear”
Top businesses face debt crisis PRO Members Public
Hello! Welcome to your weekly guide to the Russian economy, written by Denis Kasyanchuk and Alexander Kolyandr and brought to you by The Bell. This week we dig into Russia’s corporate debt crisis, highlighting the 13 businesses with massive debt piles that have the central bank worried. War, sanctions
Russia prepares tax hikes. Again. PRO 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. This week we report on the government’s plans to raise taxes and cut spending to keep the state’s finances on track and make sure
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The Bell was founded in 2017 by journalists Elizaveta Osetinskaya, Irina Malkova and Peter Mironenko as a news outlet independent from the Russian authorities, after its founders have been sacked as top editors at the largest Russian news website RBC because of pressure from the Kremlin.
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