favourites

Putin Is Betting On a New Class of Asset Owners to Shore Up His Regime

Russia’s elites are unhappy about many things, not least President Vladimir Putin’s decision to unleash a disastrous war against neighboring...

Alexandra Prokopenko

The Kremlin has been breaking a lot of records lately, and not in a good way. One dubious title is that of the most sanctioned country: since its...

A year into Russia’s invasion of Ukraine, the Russian elites have been unable to muster any enthusiasm for the “special military operation.”...

One of the biggest problems Russia is currently facing is managing its foreign trade transactions. The country’s main banks have been cut off from...