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Behind the Iron Curtain

Sergey Aleksashenko

News from and about Russia

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Substack
PricingFreemiumPublishesWeekly
Issues250Founded5 years agoLast Issue10 days ago
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Latest Issues

The Kremlin’s fiscal ledger is bleeding red ink

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The Ministry of Finance’s assessment of federal budget execution over the first four months paints an even bleaker picture than it did a month ago: the year-to-date deficit has now reached nearly 5.9 trillion rubles, which is 60 perc...

10 days ago
5
3

Are Russian Oil Revenues Secured?

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At what oil price will the Russian budget be able to collect its projected oil and gas revenues this year? This question has been asked frequently lately. Estimates vary widely, ranging from $100 to $120 per barrel, which strikes me...

11 days ago
2

Hidden reserves, deferred budget reductions, and another key rate cut

Summary

  • The Central Bank of Russia has cut the key rate, but this has not affected the mood of households or businesses.

  • The monetary authorities’ artificial manipulation drove the paradoxical strengthening of the rouble in 202...

a month ago
4
1

Return to the great game: How Moscow capitalizes on the crisis around Iran

The US and Israeli military operation against Iran, which has escalated into a large-scale conflict in the Middle East, brings Russia short-term economic and political dividends and raises its status in global politics. Against the backdrop...

2 months ago

War, Oil, Sanctions - Does Russia Benefit?

My interview with APNews.

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2 months ago
4

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