Senior Advisor at @BOFITresearch. Tweets are my own.

Joined December 2011
"Each new restriction presents new challenges to Russian entities and potential disruptions to supply chains. Each time sanctions are tightened and updated, Russian companies must adapt and seek costly workarounds." bofbulletin.fi/en/blogs/2025… #bofbulletin
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Statement by the Azerbaijan State News Agency - AZERTAC azertag.az/en/xeber/statemen…
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UN Commission concludes that Russian armed forces’ drone attacks against civilians in Kherson Province amount to crimes against humanity of murder | OHCHR ohchr.org/en/press-releases/…
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Nopeasti saavutettu taloudellinen vakaus tukenut Ukrainan puolustustaistelua jo kolme vuotta – Euro ja talous eurojatalous.fi/fi/blogit/20… #eurojatalous
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Huonosta sadosta huolimatta Venäjä on omavarainen useimpien maataloustuotteiden osalta. Jotta tuotannon supistuminen ei heijastuisi kotimaisiin hintoihin, monien viljelykasvien vientiä on rajoitettu, tuonti helpotettu ja kotimaisia hintoja fiksaillaan…
BOFIT Viikkokatsaus 1/2025 Venäjä: - Venäjällä vuoden 2024 sato jäi odotuksista Lue lisää 👉bofit.fi/fi/seuranta/viikkok… #Venäjä #talous #BOFITViikkokatsaus
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Ten years ago today, 21 September 2014, Moscow. The March of Peace against the war in Ukraine, organised by Boris Nemtsov. Tens of thousands of people on the Boulevard Ring with the slogan “Peace to Ukraine, freedom to Russia!” One day, I know, those words will become a reality.
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Pieni sananen pakotteista, olkaa hyvä:
Venäjää vastaan asetetut pakotteet ovat väistämättä alati muuttuva peli ja jo pakotteista päätettäessä tiedetään Venäjän pyrkivän kiertämään niitä. Kiertäminen on kuitenkin aiempaa vaikeampaa ja kalliimpaa. @LSolanko kertoo blogissaan miksi ja miten: eurojatalous.fi/fi/blogit/20…
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And, judging by the increasing sums involved in sign up bonuses, the war has become increasingly unpopular in Russia.
The price theory of war. In Moscow, the sign up bonus for the Army volunteers is 1.9 million rubles ($22,000) now. In NYC, this would be like offering $140,000 as a sign up bonus. The price theory says that the war is not popular in Russia.
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Mikä on Venäjän varjolaivasto ja mihin sitä käytetään - aamukeskustelu @UTapaninen kanssa mtv.fi/lyhyet/68a08161332505…
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Important reading
🇨🇳 Today, the Communist Party of #China (CPC) third plenum closed ⚠️ For the first time, China's #ThirdPlenum Communiqué mentions #CarbonReduction👇 mfa.gov.cn/eng/zxxx_662805/2…
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How the war in Ukraine is reviving Russia’s rustbelt @FT My colleague ⁦@LSolanko⁩ was interviewed for this one. Huge increase in military spending shows up in companies’ order books, wages and inflation. ⁦@BOFITresearch⁩ ⁦@SuomenPankki⁩ on.ft.com/4cCOJ1S
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Yet another indication of increasingly tight labor market in Russia. The share of survey respondents not agreeing to work on gray salaries is higher than those agreeing. superjob.ru/research/article…
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Exports to Russia 1-4/2024 vs 9-12/2021 ($) It is interesting to note that overall exports to Russia have been dropping in recent months. Weak ruble? Payment problems? [corrected chart] 🇮🇳+27% 🇨🇳+22% 🇹🇷+19% 🇰🇿-6% 🇻🇳-26% 🇹🇭-27% 🇲🇾-34% 🇹🇼-53% 🇰🇷-53% 🇪🇺-67% 🇬🇧-74% 🇯🇵-76% 🇺🇸-93%
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Join our BOFIT seminar tomorrow!
Tomorrow at 10.30! Daniel Berkowitz (University of Pittsburgh): Can Trade Sanctions Deter Illegal Financial Transactions? Register here suomenpankki.fi/fi/media-ja-…
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We have a neighbour that's increasingly drifting towards a totalitarian system with minimal tolerance for any critical voices.
Seven years. That’s the sentence St. Petersburg artist and musician Sasha Skochilenko, an openly lesbian woman, received just for replacing store price tags with anti-war messages.
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Sotiminen ei ole ilmaista Venäjälläkään. Menojen kattamiseksi tuloveroa suunnitellaan nostettavan tuntuvasti.
🇷🇺 How do you pay for a war? Russia is ditching flat income tax dogma to raise ~0.5% GDP/year in revenues + around 1% GDP in revenues from corporate profit tax starting 2025 Top marginal tax rate is still lowest among BRICS at 22%
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Laura Solanko retweeted
Which regions are have highest military mobilization rates? We follow @LSolanko 's approach and look at parts of Russia with unusually high retail deposit rates The surge in deposits is likely driven by high military pay and outsized payouts for injury and loss of life
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Laura Solanko retweeted
Twenty years ago on this day, April 23, 2004, Presidents of Ukraine and Russia celebrated signing of the Russia-Ukraine Border Treaty. When Putin's says that he has not, personally, signed treaties with 1991 borders with Crimea as a part of Ukraine, he is simply lying.
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