Inside the Russian Economy
Our weekly in-depth analysis of the Russian economy from Alexandra Prokopenko and Alexander Kolyandr, who have experience at the Russian Central Bank and financial sector more broadly. Filled with reliable data, insightful analysis and commentary from sources inside Russia.
Russia pushes spending cuts despite oil boom 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. Even as hundreds of millions of unexpected dollars flow into Moscow’s coffers thanks to surging oil prices, Moscow is still pressing ahead with spending cuts.
How Russia wins from war in the Middle East 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. Despite facing the possible loss of a geopolitical ally, Russia stands to win big from the Iran war on both the economic and political fronts. Oil,
Russia is already cutting its 2026 budget PRO Members Public
Hello! Welcome to your weekly guide to the Russian economy, written by Alexandra Prokopenko and Alexander Kolyandr and brought to you by The Bell. Barely two months into 2026, the Russian government has already been forced to start talking about spending cuts, as reality starts to bite for its overly
Russia’s economy after four years of war PRO Members Public
Hello! Welcome to your weekly guide to the Russian economy, written by Alexandra Prokopenko and Alexander Kolyandr and brought to you by The Bell. Ahead of the anniversary of Russia’s invasion on February 24, we analyze the irreversible changes the Russian economy has gone through in the four years
EU tries to sink the shadow fleet 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 week we analyze why the EU’s latest package of sanctions on Russia, targeting oil exports and the shadow fleet, could be one of its
To cut or not? Central bank faces tough choice 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 week we get behind the dilemma facing Russia’s central bank — whether to carry on cutting rates even as inflation creeps higher. Can the central
Waging war with the poor 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 week we reveal our research into how regional poverty levels correlate with death rates in the Russian army, and explore what the slowing economy could
Six lessons for Russia from the Iran protests 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 week we explain what the Kremlin learned from the Iranian protests and how Moscow could strive to avoid a similar uprising. We also review the
Russia’s hidden economic weak points: What to watch in 2026 PRO Members Public
Hello! Welcome to your weekly guide to the Russian economy, written by Alexandra Prokopenko and Alexander Kolyandr and brought to you by The Bell. This week we run through ten potential signs of stress in the Russian economy, highlighting what to watch in 2026 as the war drags into its
The cost to Russia of losing Maduro PRO Members Public
Hello and Happy New Year! Welcome to your weekly guide to the Russian economy, written by Alexander Kolyandr and Alexandra Prokopenko and brought to you by The Bell. In our first newsletter of 2026, we look at how the US campaign against Venezuela is creating a painful headache for Russia.
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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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