Economy
Why are the shares of stock market darling Magnit heading for junk? Paid Members Public
One of Russia’s top two retailers, Magnit, has always been one of the most popular stocks among investors in Russia. But this week, it was relegated from the top tier of the Moscow Exchange securities — entering in its third tier — after violating exchange rules. Investors suspect the company of
Could Russia lose one of its last ties to the global financial system? Paid Members Public
Hello! This is Alexandra Prokopenko with your weekly guide to the Russian economy — brought to you by The Bell. This week we focus on Russia’s possible blacklisting by the Financial Action Task Force (FATF), which could mean the severing of one of its last ties to the global financial
The Global South holds the keys to successful Western sanctions on Russia Paid Members Public
Hello! This is Alexandra Prokopenko with your weekly guide to the Russian economy — brought to you by The Bell. This week we focus on the G7 Summit taking place in Japan on Friday and Saturday, where the war in Ukraine and the role of the Global South in sanctions will
Russia’s Central Bank assesses the impact of sanctions on the economy Paid Members Public
The Central Bank issued a new macroeconomic forecast, for the first time taking full account of the consequences of the war in Ukraine. The regulator sees no risk of catastrophe in the coming two years, but at the same time doesn’t see reason for optimism. * The Central Bank’s
Kremlin hopes for Erdogan victory as Turkey goes to the polls Paid Members Public
Hello! This is Alexandra Prokopenko with your weekly guide to the Russian economy — brought to you by The Bell. This week we focus on the Turkish elections and what the outcome could mean for Turkish-Russian relations. We also look at how the Central Bank sees vulnerabilities of the financial sector.
What's driving rising Russian crude prices? Paid Members Public
Hello! This is Alexandra Prokopenko with your weekly guide to the Russian economy — brought to you by The Bell. This week we look at why rising prices for Russian oil are a tactical victory for Russia in its economic war with the West — and at attacks on the Kremlin and
State nuclear agency turns to China to build Russian electric vehicles Paid Members Public
Despite being cut off from Western technology, the Kremlin has not given up on creating a Russian electric car. Newspaper Kommersant last week uncovered some of the details. The key to Russia’s project now, according to Kommersant, is Rosatom, the state nuclear agency, which is using Chinese technology to
Kremlin opts to seize foreign assets as ‘sanctions war’ hots up Paid Members Public
Hello! This is Alexandra Prokopenko with your weekly guide to the Russian economy — brought to you by The Bell. This week we look at the Kremlin’s decision to nationalize the assets of several companies owned by foreign states (in a way that benefits Putin’s ally Igor Sechin) and
