When is a tax rise not a tax rise? When Russian propaganda talks about it Members Public

Russia’s finance ministry last week officially put forward its proposals to “reform” the country’s tax system. The key change is the introduction of new progressive income tax bands, which will significantly raise taxes on the salaries of the country’s top earners. Businesses, too, will face a greater

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L'économie

THE BELL WEEKLY: Don’t call it a tax rise Members Public

Hello! This week we cover the biggest tax hikes in Russia for two decades, and why the state is trying to call them something else. We also look at the fledgling “pirate” car industry of Western-branded vehicles being assembled in Russia, and cover how troll farms are using Western AI

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Russie, Expliqué

Russia’s first major tax overhaul in 20 years 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. Our top story this week is analysis of big changes to the tax system. We also look at the possibility of sanctions on Russian insurer Ingosstrakh.

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Au cœur de l'économie russe

Russia moves towards recognising the Taliban Members Public

Russia is planning to recognise the Taliban as the lawful government of Afghanistan and remove it from the list of “banned” organizations. This will put an end to the absurd situation where Taliban representatives are officially received in the Kremlin, while journalists can be jailed for mentioning them in their

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Politique

Europe’s last land border closes to Russian tourists Members Public

Norway has announced that it is closing its land border with Russia, the last remaining land crossing to Europe that was open to Russian tourists. During the 2022 mobilization, this was a popular way for Russians who did not want to be forced into the war to leave the country.

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Politique

The Great Repatriation: Russian millionaires bring their cash back to the Motherland Members Public

After trying to send their money overseas in the immediate aftermath of Moscow’s invasion of Ukraine, wealthy Russians are now bringing their millions back home, new data shows. The number of high net worth individuals jumped back above pre-war levels last year, after falling in 2022. Some 22,000

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Entreprises

THE BELL WEEKLY: Rich Russians are bringing their money back home Members Public

Hello! This week we cover Russian millionaires repatriating their cash from abroad, despite the threat of nationalization and higher taxes. We also cover another border closure for Russian tourists and Moscow moving to recognise the Taliban government in Afghanistan. The Great Repatriation: Russian millionaires bring their cash back to the

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Russie, Expliqué

Secondary sanctions & Russia’s falling imports Members Public

Hello! Welcome to your weekly guide to the Russian economy — written by Denis Kasyanchuk and brought to you by The Bell. This week our top story is an analysis of how U.S. secondary sanctions introduced last year have contributed to a significant fall in Russian imports. We also look

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Au cœur de l'économie russe

Medvedev threatens reprisals against Yandex bosses over GPT chatbot Members Public

Former president Dmitry Medvedev, the most prominent hawk among senior Russian officials, criticized Yandex’s efforts to create an artificial neural network. Medvedev was unhappy with the efforts of the company, sometimes dubbed “Russia’s Google”, because its AI chatbot refused to answer questions about Ukraine. * Medvedev, now deputy chair

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Entreprises

Pro-military bloggers clash with Chechen authorities over abuse case Members Public

A young woman who fled her relatives in Chechnya after facing abuse has garnered unexpected support from Russian Z-bloggers. Facing the possibility of being forcibly sent back to the conservative Muslim region and likely harsh repercussions, pro-military voices came out in her support, criticizing the Caucasus republic as “medieval.” It

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Politique
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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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