THE BELL WEEKLY: Historic prisoner swap highlights rifts in Russian society PRO Members Public
Hello. This week we look at the controversy surrounding the historic prisoner exchange between Russia and the West. We also bring you a snapshot of our investigation into Russia’s “Hairspray King” — a little-known billionaire and major winner from the exodus of Western firms. Opposition leaders, newly freed, stoke controversy
The Western banks are not leaving Russia yet 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 time we take an in depth look at the two biggest European banks in Russia – Austria’s Raiffeisen and Italy’s UniCredit. Why are they
Russia’s new elite being pushed into politics PRO Members Public
Russian soldiers who have fought in Ukraine have become a powerful new social class in Russian society. They get state subsidies, extra welfare payments, career boosts, and, for some, a fast track to power. President Vladimir Putin often calls veterans and soldiers Russia’s “new elite,” asserting that the leadership
Russian propagandists slam Olympics opening ceremony PRO Members Public
The opening ceremony of the Paris 2024 Olympics — which attracted criticism for its apparent reinterpretation of the Last Supper featuring drag performers — proved a gift for Russian propagandists. They jumped on the opportunity to rehash one of their favorite talking points — the decadence of a liberal Europe that has no
Divorce, Kadyrov and corporate raiders: The blockbuster saga at Wildberries PRO Members Public
Online shopping has belatedly become a major industry across Russia over the last five years. After a slow start, online marketplaces are thriving and pick-up points can be found all over the country, even in the smallest remote villages. But market leader Wildberries hit the headlines last week for something
THE BELL WEEKLY: Primetime scandal at Russia’s Amazon PRO Members Public
Hello! This week we look at an eye-popping scandal at Wildberries — Russia’s answer to Amazon — and how Chechen strongman Ramzan Kadyrov got himself involved in the founder’s divorce. We also cover Russian propagandists having a field day with the Olympics opening ceremony and the war veterans being pushed
Preparing for new ‘confiscation wars’ 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 top story this time is the discussions underway in Russia about a legal tool to allow the state to seize the frozen assets of foreign
Another Kremlin appointment at Moscow’s once-famed independent university PRO Members Public
Vladimir Putin’s notorious former economic advisor Sergei Glazyev is now a research fellow at Moscow’s Higher School of Economics — the latest sign of the Kremlin’s control over what used to be Russia’s leading liberal university. * Economist Sergei Glazyev was appointed chief researcher at the Higher School
Yandex founder tells The Bell about his new business PRO Members Public
After months of negotiations, Yandex has completed its break-up — splitting into a Russian arm that will keep the name, and the vast majority of the company’s revenues, employees and services; and an international division, to be headed up by its founder, Russian tech tycoon Arkady Volozh. In his only
THE BELL WEEKLY. ‘More than hype’: Yandex founder bets on AI PRO Members Public
Hello! This week we spoke to Yandex founder Arkady Volozh about his new business venture following the multi-billion-dollar break-up of the Russian tech giant. We also look at how a university appointment reveals the Kremlin’s deepening control over the most liberal corners of higher education. Yandex founder tells The