Tag: Russia
How Vladimir Putin created a housing bubble
Mortgages used to be a tough sell in Russia. Decades of Soviet propaganda, which denounced credit as an unbearable burden, had an effect....
European banks are making heady profits in Russia
Days after Vladimir Putin’s invasion of Ukraine, Raiffeisen, an Austrian bank, said it was considering selling its business in Russia. Twenty-seven months later,...
How Ukrainian farmers are using the cover of war to escape...
Since Russia began its invasion in 2022, Ukraine’s economy has shrunk by a quarter. But the ravages of war are not the only...
Russia’s gas business will never recover from the war in Ukraine
When Russia’s leaders stopped most of the country’s gas deliveries to the EU in 2022, they thought themselves smart. Prices instantly shot up,...
Frozen Russian assets will soon pay for Ukraine’s war
After Russia destroyed the Trypilska power plant on April 11th, Ukraine blamed a lack of anti-missile ammunition. The country’s leaders are also desperate...
Ukrainian drone strikes are hurting Russia’s oil industry
Selling more oil at higher prices ought to be the stuff of dreams for a petrostate. But for Russia it is a sign...
Would America dare to bring down a Chinese bank?
If any politician has the demeanour to ease tensions with Beijing, it is Janet Yellen. America’s treasury secretary comes across as a twinkly...
How China, Russia and Iran are forging closer ties
Vladimir Putin, Russia’s president, and Ebrahim Raisi, his Iranian counterpart, have several things in common. Both belong to a tiny group of leaders...
Russia’s economy once again defies the doomsayers
In the two years following Vladimir Putin’s invasion of Ukraine, Russia’s economy has repeatedly defied the doomsayers. A financial collapse, widely predicted in...
What do you do with 191bn frozen euros owned by Russia?
The question that now confronts Western policymakers
