The Bell

Inside Russia’s budget: Taxes, borrowing, reserves 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 look inside Russia’s record high government budget, detailing the plans for taxes and spending, assessing the solidity of Moscow’s reserves and

The Bell
Economy Weekly

Putin edges up the nuclear escalation ladder Members Public

While Volodymyr Zelensky was busy meeting Ukraine’s Western allies in the United States to push for fresh military aid, from halfway round the world in Moscow, Vladimir Putin was doing everything he could to make himself the elephant in the room. On the eve of Zelensky’s meeting with

The Bell
Politics

Secret spending hits record level Members Public

The Russian government on Monday sent its 2025-2027 budget to the State Duma, outlining plans that will see defense spending hit a post-Soviet record at 6.3% of GDP. We wrote about the plans for another ramp-up in Russia’s military spending in Friday’s newsletter. The publication of the

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Economy

THE BELL WEEKLY: Russia’s unprecedented secret spending Members Public

Hello! This week we analyze Russia’s official spending plans for 2025 — the most classified budget proposal in history with record-high defense spending that neither the government nor business press are talking about. We also look at Vladimir Putin’s latest set of nuclear threats to the West. Secret spending

The Bell
Newsletters

Russia on track to set new military spending records 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, our top story is a deep-dive analysis of the draft budget for the next three years. We also look at why Gazprom’s profitability

The Bell
Economy Weekly

Is Russia’s economy addicted to military spending? 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 an analysis of whether—and how—Russia’s economy could demilitarize in the event of a ceasefire in Ukraine. We

The Bell
Economy Weekly

Is Russia’s overheated economy finally starting to cool? 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 looks at the signs that the economy is finally starting to cool. We also analyze what an oil price of about

The Bell
Economy Weekly

The value of a Russian life 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 time our top story is an analysis of the value of a Russian life – both according to economists, as well as wartime compensation payments. We

The Bell
Economy Weekly

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