Can we trust Russian economic statistics? PRO Members Public
Since the start of the war, the Russian authorities have classified heaps of important statistical and economic data. For the third year in a row, Moscow is not publishing figures on imports, exports, foreign trade, gold and foreign exchange reserves, or oil production. But can the data that Moscow still
Narrow victory for Moldova’s pro-European president PRO Members Public
A week after Georgia held crunch parliamentary elections, another former Soviet republic with EU ambitions went to the polls, as Moldovans voted in a presidential contest. The situation in Moldova, which was recently granted EU candidate states, was the reverse of that in Georgia — pro-EU president Maia Sandu was looking
THE BELL WEEKLY: Moldova’s pro-Europe president squeaks through PRO Members Public
Hello. This week our main story is Moldova’s pro-EU president securing a slim victory in an election closely followed in Moscow. We also look at whether Russia’s economic statistics can be trusted. Narrow victory for Moldova’s pro-European president A week after Georgia held crunch parliamentary elections, another
The rise of Russia’s foreign trade middlemen 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. Our top story this week is about the transformative effect Western financial sanctions are having on Russia’s foreign trade. We also look at why so
Putin puts on a BRICS spectacle PRO Members Public
Last week’s BRICS summit in Kazan was probably the most successful international event staged by Vladimir Putin since the start of the war. It was the largest diplomatic forum, with the most world leaders, since at least 2022. Despite the show that Putin managed to put on and the
Georgia’s ruling party wins key election, triggering opposition protests PRO Members Public
Moscow has followed Georgia’s parliamentary elections almost as closely as the upcoming US presidential contest. Oligarch Bidzina Ivanishvili’s ruling “Georgian Dream” party has been pursuing increasingly pro-Russian policies since the start of the war in Ukraine, triggering a falling out with the West and accusations of democratic backsliding.
THE BELL WEEKLY: Victory for Georgia’s pro-Russia ruling party PRO Members Public
Hello! This week’s main story is Georgia’s pro-Moscow ruling party securing victory in crucial parliamentary elections. We also cover last week’s BRICS summit — a political victory for Putin, but with no progress on anything important or meaningful. Georgia’s ruling party wins key election, triggering opposition protests
Central Bank hikes rates to 21% 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. Our top story is the Central Bank’s decision to hike interest rates to a record 21%. We also look at the IMF’s upgrade of
The Central Bank readies another rate hike PRO Members Public
There is little doubt that the central bank is gearing up to raise its key interest rate in its next meeting on Friday. Currently set at 19%, it’s expected to be hiked to 20-21% — matching or surpassing the emergency interest rate introduced days after Russia invaded Ukraine. This time
Russia proposes confiscating exiles’ property PRO Members Public
A bill that would allow authorities to seize property from Russians that have left the country has been introduced to Russia’s parliament. Although it had an unusual path to the floor of the Duma, it has every chance of being voted into law and could have been ordered by
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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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