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Bear Market Brief brings you news about Russia’s economy, politics, business climate, and political risk environment.

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Latest Issues

Shuffling the board

In this Brief:

  • Government Reshuffle: Major cabinet changes elevated Finance Minister Anton Siluanov and other officials to deputy prime ministers, strengthening the ministry’s role.

  • Diplomatic Talks: US envoy Steve Witkoff me...

4 days ago
2

Graham Cracker

Street art stencil graffiti 'Divided by Oligarchy' by artist Toddel, depicting Donald Trump and Vladimir Putin making a deal on Ukraine, is seen in Kazimierz district in Krakow, Poland on January 29th, 2026. (Beata Zawrzel/ZUMA Press Wire)...

11 days ago
2

Ctrl+Alt+Defeat

Russian railways use tank cars to transport petroleum products such as gasoline, diesel fuel, or jet fuel. Reuters / DPA/Picture Alliance

In this Brief

  • Russia will export 300,000 tons of diesel to the “American and the global mark...
17 days ago
5

Valdai Hard

Russian President Vladimir Putin walks to deliver a speech during a plenary session of the Valdai Discussion Club in Moscow, Russia, October 1, 2026. REUTERS/Ramil Sitdikov

In this Brief

  • The proposed 2027–29 budget prioritizes def...
25 days ago
3

Let’s Get Fiscal

A woman walks past an installation depicting the Russian 1000-ruble banknote in Yaroslavl, Russia September 12, 2026. REUTERS/Anastasia Barashkova

In this Brief

  • Russia's draft budget projects a 2.2% deficit while raising taxes to...
a month ago
4

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Authors

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  • FPRI Eurasia Program

    The Eurasia Program at the Foreign Policy Research Institute was founded in 2015 with the aim of examining the political, security, economic, and social trends shaping Europe and Eurasia.

  • Sara Ashbaugh
  • Andras Toth-Czifra

    Political and security analyst, FPRI fellow in the Eurasia Program, author of the analytical blog "No Yardstick", contributor to FPRI's Bear Market Brief

  • Lee Block

    Resident Fellow at FPRI and contributor to Bear Market Brief

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