Russia’s wartime investment boom Paid 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 we look at the rapid growth in investment that Russia has seen since the full-scale invasion of Ukraine. Where has the money come from?
Russia’s billionaire Hairspray King Paid Members Public
Before 2022, the name Alexei Sagal meant little to anyone in Russia outside the domestic cosmetics industry and residents of his native Stavropol Territory in the south of the country. That has changed completely since Russia invaded Ukraine as Sagal swooped to take control of Heineken’s Russian businesses. That
Opposition leaders, newly freed, stoke controversy with first public comments Paid Members Public
The biggest prisoner swap between Russia and the West since Soviet times has freed two of Russia’s leading liberal politicians — figures with genuine ambitions to lead the opposition in exile. Tet far from garnering sympathy for the more than two years they spent in Putin’s prison system, their
The Western banks are not leaving Russia yet Paid 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 Paid 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 Paid 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