Alexander Kolyandr is a researcher for the Centre for European Policy Analysis specialising in the Russian economy and politics. Previously he was a journalist for the Wall Street Journal and a banker for Credit Suisse. He was born in Kharkiv, Ukraine and lives in London.
Barely a week after inaugurating himself as president once again, Vladimir Putin has gone to China – his first foreign trip of his new term. He is accompanied by a rarely seen entourage of all the principal ministers of state, the head of the Russian central bank, leading industrialists and top managers of state-controlled companies.
President Vladimir Putin’s appointment of the civilian economist Andrei Belousov as Russia’s defence minister in the third year of the full-scale invasion of Ukraine is bad news for Kyiv and its allies. Replacing the unpopular Sergei Shoigu with Belousov marks a clear shift in Putin’s strategy: he views the war as a battle of economic attrition.
Over two years on from the invasion of Ukraine, Russia is the most sanctioned nation in the world. And yet the country’s economy is set to grow faster than any G7 democracy this year. How is this possible? Back in 2022, Boris Johnson vowed to ‘squeeze Russia from the global economy piece by piece, day by day
