Economy
How Russia’s most mysterious retailer is building its business in the West PRO Members Public
For most Russian businesses, following the invasion of Ukraine, it’s better to forget about any plans to expand into Europe. However, one Russian company is continuing its efforts to conquer the European market despite the war. Svetofor, founded by Krasnoyarsk’s Schneider brothers, remains Russia’s most mysterious retailer.
Ukraine’s counteroffensive and economic scenarios for Russia PRO 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 Ukraine’s counteroffensive and what it could mean for the Russian economy. We also notica that Russian state spending is gradually slowing down. What could be
The Potemkin village at this year’s SPIEF PRO 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 atmosphere of enforced optimism at this year’s St. Petersburg International Economic Forum. We also look at why the Central Bank believes the economy might
Why are the shares of stock market darling Magnit heading for junk? PRO 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? PRO 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 PRO 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 PRO 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 PRO 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? PRO 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 PRO 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
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The Bell was founded in 2017 by journalists Elizaveta Osetinskaya, Irina Malkova and Peter Mironenko as a news outlet independent from the Russian authorities, after its founders have been sacked as top editors at the largest Russian news website RBC because of pressure from the Kremlin.
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