Putin allows the nationalization of Russia’s largest Western-owned consumer companies Paid Members Public
President Vladimir Putin signed a decree that transferred the shares of foreign shareholders to the “temporary control” of Rosimushchestvo, the agency responsible for state property. The decree affects the Baltika brewery, which is 100% owned by Denmark’s Carlsberg, and dairy firm Danone Rossiya, which is owned by France'
Coca-Cola quit Russia, but you can still find it on the country's shelves. How? Paid Members Public
Coca-Cola announced it was leaving the Russian market back in March 2022 as part of the global response to the invasion of Ukraine. Coca-Cola HBC, the Greek-owned company that bottled and sold Coke in Russia, switched to a new brand, Dobry Cola. Yet the U.S. soft drink giant remains
THE BELL WEEKLY: How Coca-Cola quit Russia, but stayed on the country's shelves Paid Members Public
Hello! This week, in our main story we explain how Coca-Cola remained the second most popular soda brand in Russia even after The Coca Cola Company has ceased operations in the country. We also look at the nationalization of the largest Western-owned consumer companies and witness the signs of inflation
Moscow doesn’t like the Ukraine grain deal, but won’t ditch it Paid Members Public
Hello! This is Alexandra Prokopenko with your weekly guide to the Russian economy — brought to you by The Bell. In this newsletter we focus on disputes over the Black Sea grain deal and why it’s almost certain that Moscow will agree to another extension. We also compare NATO and
Is Russia dying out? Our interview with a demographer Paid Members Public
Following the U.S.S.R.'s dissolution, Russia's population decline became an acute economic problem. Putin turned the "demographic solution" into his most important PR triumph. Yet the demographic crisis has resurfaced due to the pandemic and Ukraine's invasion. We spoke with
Russian vehicles seized in Germany Paid Members Public
A new challenge has arisen for Russians in Europe. Germany, a favored destination for Russians fleeing their home country, has started to arrest the vehicles of Russian immigrants. Although this measure is unlikely to have any direct impact those evading sanctions, it creates new hurdles for those who have the
Russian ruble plummets amid Prigozhin rebellion Paid Members Public
The Russian ruble has nose-dived in response to Yevgeny Prigozhin’s rebellion, accelerating its gradual depreciation since the end of last year. In the two weeks since June 24, the ruble fell 12% against the dollar and surpassed the symbolic 100 ruble per euro mark. The current exchange rates hark
THE BELL WEEKLY: Russian ruble woes Paid Members Public
Hello! This week, our main story is about the ruble's downturn amid Prigozhin’s mutiny. We also look at a new challenge for Russians in Germany, and we talk with demographer about whether Russia is dying out. Russian ruble plummets amid Prigozhin rebellion The Russian ruble has nose-dived
