
Russian banks squeezed as Washington tightens sanctions Paid Members Public
Hello! Welcome to your weekly guide to the Russian economy — written by Alexander Kolyandr and brought to you by The Bell. Our top story this week is about how U.S. efforts to ramp up sanctions have caused some Chinese and Turkish banks to stop working with their Russian counterparts.

Pro-war opposition activist arrested on terrorism charges Paid Members Public
Russian authorities arrested left-wing politician and opposition activist Sergey Udaltsov last week, with prosecutors accusing him of promoting terrorism. Udaltsov had made posts in support of other left-wing figures who are under investigation for creating a terrorist organization. Udaltsov’s arrest is the latest example of how Moscow’s judicial

Russia’s “lottery king” buying up Western assets Paid Members Public
The departure of Western firms from Russia has created a new cadre of Russian business elite, as previously little-known figures snap up lucrative assets at cut price assets. The Bell investigated the case of one such figure, Armen Sarkisyan, who has bought a string of Western companies over the last

Kremlin steps in as local heating systems collapse Paid Members Public
Even by Russian standards, it’s a particularly bleak midwinter, with unusually low temperatures sending the mercury below -30°C in places. Across many Russian regions, creaking utility networks have seen central heating systems fail, leaving tens of thousands of people without heating or hot water supply to their homes.

Russia’s Lottery King Snapping Up Western Assets Paid Members Public
The departure of Western firms from Russia has created a once-in-a-generation opportunity for oligarchs and Kremlin associates to get rich. But the frenzy to acquire cut-price assets is not restricted to those at the top — previously little-known business figures have also seized the chance to enter the big leagues, forging

The West’s quandary over frozen Russian assets Paid Members Public
Hello! Happy New Year and welcome to your weekly guide to the Russian economy — written by Alexander Kolyandr and brought to you by The Bell. This time our top story is about intensifying discussions in Europe and the U.S. about frozen Russian assets – although their confiscation still looks unlikely.