L'économie

Le niveau de bien-être des Russes augmente face à la guerre, aux sanctions et à la répression PRO Membres Public
Malgré des sanctions occidentales sans précédent, la guerre avec l'Ukraine s'est accompagnée d'une amélioration notable du bien-être des Russes. Une nouvelle étude a révélé l'ampleur du facteur de bien-être national, les économistes de l'Institut de la Banque de Finlande pour l'économie émergente (BOFIT) ayant constaté que le niveau de bien-être des Russes est supérieur à celui des autres pays de l'UE.

Does Russia really face a wave of bankruptcies PRO Members Public
Amid the central bank’s aggressive interest rate hikes last year – taking the key rate to a two-decade high of 21% – the industrial lobby, joined by sympathetic economists, has been increasingly warning of a wave of bankruptcies as over-exposed industries struggle to service their debts. We took a look at

Russia’s economy risk freezing over PRO Members Public
Russian economic activity is showing a slowdown not only in manufacturing, but also in the service sector — early signs of an impending hit to growth after 2024’s robust expansion of 4.1%. * The monthly PMI index — a closely watched indicator of business activity — recorded a slowdown in both the

Daron Acemoglu talks to The Bell about Putin, Zelensky and Trump PRO Members Public
Daron Acemoglu, one of the most cited economists in the world, received the Nobel Prize for Economics last year alongside his team for their research into how institutions affect well-being. Three years of war in Ukraine has finally ended the idea of institutions in Russia – but neither the government nor

How Russians assess their life after three years of war PRO Members Public
Three years of fighting in Ukraine have seriously affected the lives of Russian residents, sociologists say. Day-to-day life got worse for more than half the population, and more than a third found their financial circumstances have deteriorated. * 54% of Russians said that the war had a negative effect on their

High interest rates could trigger wave of bankruptcies, says think tank linked to defense minister PRO Members Public
The Center for Macroeconomic Analysis and Short-Term Forecasting—which has deep connections to Defense Minister Andrei Belousov—has predicted a wave of bankruptcies if high interest rates stay in place. Alongside arms manufacturers and big businesses, the think tank is one of the main lobbyists calling for lower borrowing costs.

How a billionaire Armenian separatist leader, now on trial in Azerbaijan, made his fortune in Russia PRO Members Public
Some 18 months after regaining control over the Nagorno-Karabakh region, Azerbaijan has begun putting the former leaders of the breakaway pro-Armenian republic on trial. The most high-profile among them is Ruben Vardanyan, an investment banker who managed the finances of the Russian elite before giving it all up in an

‘Silent’ tech layoffs despite massive labour shortages PRO Members Public
As the year comes to an end, Russian companies are laying off IT staff. Back in 2022, the government and employers were bending over backwards to keep them in the country, offering exemption from military service, preferential mortgages and pay rises. But two-decade-high interest rates are taking a toll: despite

Ruble stabilizes after latest sanctions slump PRO Members Public
The ruble has recovered from a sudden devaluation last month, which was largely tied to liquidity problems in the wake of US sanctions against dozens of Russian banks — chiefly Gazprombank. The value of the currency against both the dollar and the yuan, on various measures, had reached its worst level

New U.S. sanctions push the ruble to its lowest since spring 2022 PRO Members Public
The United States has imposed the most wide-reaching range of banking sanctions on Russia since spring 2022 (read more here), hitting leading state institution Gazprombank, which had remained connected to SWIFT and conducted settlements in euros. The fallout of the potential disruption on Russia’s energy trade pushed the ruble