Central Bank hikes rates to 21% 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. Our top story is the Central Bank’s decision to hike interest rates to a record 21%. We also look at the IMF’s upgrade of
The Central Bank readies another rate hike PRO Members Public
There is little doubt that the central bank is gearing up to raise its key interest rate in its next meeting on Friday. Currently set at 19%, it’s expected to be hiked to 20-21% — matching or surpassing the emergency interest rate introduced days after Russia invaded Ukraine. This time
Russia proposes confiscating exiles’ property PRO Members Public
A bill that would allow authorities to seize property from Russians that have left the country has been introduced to Russia’s parliament. Although it had an unusual path to the floor of the Duma, it has every chance of being voted into law and could have been ordered by
Putin’s new passion: boosting Russia’s flagging birth rate PRO Members Public
The bleak demographic prospects for Russia’s near future have prompted the authorities into fresh action, with new legislation set to come into force to try to boost the country’s low birth rate. Last week, a bill banning “childfree propaganda” passed the first of three readings in parliament. The
THE BELL WEEKLY: Russia’s ‘Special Demographic Operation’ PRO Members Public
Hello! This week we highlight how Moscow is going into overdrive to try to boost the country’s low birth rate through misguided legislative initiatives. We also cover attempts to pass a law to seize property and assets from people who have fled the country and the central bank preparing
Russia pushes BRICS to take anti-Western turn PRO Members Public
Bonjour ! Bienvenue dans votre guide hebdomadaire de l'économie russe, rédigé par Alexandra Prokopenko et Alexander Kolyandr et présenté par The Bell. Notre article principal porte sur le sommet des BRICS qui se tiendra en Russie la semaine prochaine. Nous examinons également la possibilité d'un
Why does Russia have a yuan shortage? PRO 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 week, our top story is a deep-dive analysis of Russia’s yuan liquidity crisis. We also look at the escalating conflict over online retailer Wildberries
Inside Russia’s budget: Taxes, borrowing, reserves 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 look inside Russia’s record high government budget, detailing the plans for taxes and spending, assessing the solidity of Moscow’s reserves and
Putin edges up the nuclear escalation ladder PRO Members Public
While Volodymyr Zelensky was busy meeting Ukraine’s Western allies in the United States to push for fresh military aid, from halfway round the world in Moscow, Vladimir Putin was doing everything he could to make himself the elephant in the room. On the eve of Zelensky’s meeting with
Secret spending hits record level PRO Members Public
The Russian government on Monday sent its 2025-2027 budget to the State Duma, outlining plans that will see defense spending hit a post-Soviet record at 6.3% of GDP. We wrote about the plans for another ramp-up in Russia’s military spending in Friday’s newsletter. The publication of the
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The Bell a été fondé en 2017 par les journalistes Elizaveta Osetinskaya, Irina Malkova et Peter Mironenko en tant que média indépendant des autorités russes, après que ses fondateurs ont été limogés de leur poste de rédacteurs en chef du plus grand site d'information russe, RBC, en raison des pressions exercées par le Kremlin.
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