Read more in the latest Brief. buff.ly/6OuEhGW
@bearmarketbrief.bsky.socialBear Market Brief
@bearmarketbrief.bsky.social
Russia's Economy and Politics. In Brief.
@bearmarketbrief.bsky.social@bearmarketbrief.bsky.social2) 13 trillion rubles ($152.8 billion) - the combined profit of Russian companies in the first seven months of the year, the lowest since the 2020 lockdowns.
@bearmarketbrief.bsky.social🧵By the Numbers: Highlights from the latest #BearMarketBrief
1) 1 percent of GDP - the cost, for Russia, of Ukraine’s strikes on fuel infrastructure. Putin was forced to acknowledge that the prolonged war is hurting the Russian economy.
@bearmarketbrief.bsky.socialRead more in the latest Brief. buff.ly/6OuEhGW
@bearmarketbrief.bsky.social2) 1.7 million tonnes - grain export shipments in September according to the Russian Grain Union, down almost fourfold from last year.
@bearmarketbrief.bsky.social🧵By the Numbers: Highlights from the latest #BearMarketBrief
1) $2.9 billion - the sales of the German food retailer Metro Group in Russia in the 2024/25 financial year. A presidential decree placed Metro’s Russian assets under temporary state management last week. More below👇️
@bearmarketbrief.bsky.socialRead more in the latest Brief. buff.ly/cVlp9Aw
@bearmarketbrief.bsky.social2) 9 oil refineries- the number of Russian oil refineries that have halted production in September due to drone strikes. Overall, the government expects oil and gas condensate output to fall by 3.4 percent this year.
@bearmarketbrief.bsky.social🧵By the Numbers: Highlights from the latest #BearMarketBrief
1) 349 - of 450, the number of United Russia deputies in the new convocation of the State Duma, up from 324 in 2021, a record and a constitutional supermajority. More below👇️
@bearmarketbrief.bsky.socialWhat makes Alisher Usmanov and Mikhail Fridman significant enough for the European Union to go to great lengths to lift their sanctions? The EU passed a three-year extension for 3,000 individual sanctions in order to lift the aforementioned two. Read this week's Brief to find out why.
@bearmarketbrief.bsky.socialTo address its precarious finances, Russia plans to defer debt repayments to regions and raise further taxes. While the focus remains on war spending, the government announced budget allocations for families and infrastructure projects to placate public concerns. More in the #BearMarketBrief ⬇️
@bearmarketbrief.bsky.socialIn this week's #BearMarketBrief, András Tóth-Czifra and Lee Block highlight:
- the parameters of Russia's 2027 federal budget
- a successful push for the relief of sanctions against two oligarchs
- the arrest of Alexander Kynev, a political scientist critical of the recent Duma elections
@bearmarketbrief.bsky.socialRead more in the latest Brief. buff.ly/oPH8LwY
@bearmarketbrief.bsky.social2) $6.9 billion - the estimated value of assets of foreign companies taken under state management by a decree of Vladimir Putin over the past week.
@bearmarketbrief.bsky.social🧵By the Numbers: Highlights from the latest #BearMarketBrief
1) 4.8 trillion rubles - the planned deficit of the federal budget in 2027, according to Vladimir Putin. This would be an estimated 2 percent of GDP. More below👇️
@bearmarketbrief.bsky.socialRead more in the latest Brief. buff.ly/oPH8LwY
@bearmarketbrief.bsky.social2) 3 million tons - the government is preparing purchasing interventions of up to 3 million tons of grain aimed mainly at southern regions struggling to move the 2026 harvest amid export-logistics disruption.
@bearmarketbrief.bsky.social🧵By the Numbers: Highlights from the latest #BearMarketBrief
1) 400 billion rubles - the projected losses to Russian online marketplaces from drone strikes, according to an analysis by Data Insight. More below👇️
@bearmarketbrief.bsky.socialRead more in the latest Brief. buff.ly/xRx4ERK
@bearmarketbrief.bsky.social2) 5.4 percent - the indexation of public sector salaries in the Republic of Sakha that was deferred from July to September 2026 explicitly because the regional budget needed more funds available for military contract payments.