Russia has given up on foreign investment Paid 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 our top story is a look at the annual “Russia Calling!” forum, where horizons have dramatically narrowed as a result of the war in
THE BELL WEEKLY: Georgia rocked by pro-EU protests Paid Members Public
After a less-than-convincing victory in Georgia’s parliamentary elections for his Georgian Dream party, oligarch Bidzina Ivanishvili is rolling the dice, with the government in Tbilisi announcing a complete halt to talks on joining the EU. In effect, Georgian Dream has gone all-in on its confrontation with the West — and
Why did the Russian ruble plunge? Paid 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 about Russia’s currency crisis that saw the ruble slump 10% in two days. We also look at why Russia’
Writing off debts: Russia’s new army recruitment strategy Paid Members Public
Vladimir Putin has signed a new law to write off the loans of fresh recruits to the war. This latest preferential credit scheme is clearly intended to lure as many people as possible to the front line. * According to the newly-signed law, military personnel who sign up after Dec. 1,
New U.S. sanctions push the ruble to its lowest since spring 2022 Paid Members Public
The United States has imposed the most wide-reaching range of banking sanctions on Russia since spring 2022 (read more here), hitting leading state institution Gazprombank, which had remained connected to SWIFT and conducted settlements in euros. The fallout of the potential disruption on Russia’s energy trade pushed the ruble
Putin’s missile escalation Paid Members Public
The war in Ukraine ratched up dramatically this week, with tensions running at arguably their highest level in the near three-year conflict. Kyiv, with the support of its Western allies, used US-supplied ATACMS and British-supplied Storm Shadow missiles against targets inside Russian territory for the first time. Russia responded with
THE BELL WEEKLY: How Putin fell in love with hypersonic missiles Paid Members Public
Hello! This week we look into Russia’s hypersonic missile development program, after Russia fired one on Ukraine, the first time a device of its type has been used in combat. We also analyze the latest fall in the value of the ruble and how Russia plans to write off
Nabiullina defends high interest rates Paid 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 top story this week is a look at Central Bank head Elvira Nabiullin’s defense of a tight monetary policy in the face of sustained
