Belarus

Is Russia putting additional pressure on Belarus to join the war?

bne IntelliNews December 7, 2022

Lukashenko's and Shoigu's latest meeting in Minsk has spurred new fears that Russia may be putting increased pressure on Belarus to join the war by putting boots on the ground.

Belarus Corruption Watch: living the high life with Dimitry and Anna Lukashenko

bne IntelliNews December 4, 2022

The Lukashenko family members hold very favourable positions in Belarus’ SOEs. The family often invite their business partners on expensive trips, the costs for which wildly exceed the family members’ official earnings.

Belarus’ government to expand political-economic control at the expense of economic growth

bne IntelliNews December 1, 2022

Belarus continues to service its foreign debt in Belarusian rubles and its new budget will focus on assuring political-economic control in the country. Meanwhile, growth and real income is decreasing across the country.

Jailed Belarusian opposition figure rushed to hospital

bne IntelliNews December 1, 2022

Only 6 days after Maria Kolesnikova was placed in a so called “punishment cell” she was rushed to a civilian hospital. However, her lawyer is still not allowed to get in touch with her.

The sudden death of Belarus’ foreign minister

bne IntelliNews November 28, 2022

On Saturday, Belarusian state media reported that Belarus’ FM Vladimir Makei had died suddenly at the age of 64. Makei was one of Lukashenko’s closest men and speculations abound as to what his death could mean for Lukashenko’s regime.

Foreign investments in Belarus under heavy pressure

bne IntelliNews November 28, 2022

Foreign investors are coming under increasing pressure to divest from Belarus due to the regime’s human rights abuses, and Belarusian strongman Alexander Lukashenko is helping to speed up the process.

Belarus-Russia trade increased 9% for first nine months of 2022

bne IntelliNews November 25, 2022

According to one Russian official, Belarus and Russia's bilateral trade for January-September 2022 increased by 9%. Belarus and Russia will continue their economic integration this year and are likely to push other post-Soviet countries to follow.

Belarus Corruption Watch: Lukashenko’s Shadow Diplomacy

bne IntelliNews November 24, 2022

Belarus is one of the world’s largest hubs for “Shadow Diplomacy”, where foreign countries employ businessmen to further their business interests with the regime. Similarly, Belarus is also engaged in its fair share of shadow diplomacy abroad.

Belarus plans to modernise its agricultural industry

bne IntelliNews November 23, 2022

Belarus is planning to modernise its agricultural sector, which could help it keep its comparative advantage. However, sanctions are looming.

Ukraine faces one of worst declines in GDP from a war, says EBRD

Robert Anderson in London November 22, 2022

The contraction in Ukraine’s GDP will be among the worst 10-20% of those in conflicts in the last 200 years, the development bank predicts in its 2022/23 Transition Report.

EBRD warns of risk of 'zombification'

Robert Anderson in London November 22, 2022

Development bank recommends countries should now gradually dial down help to vulnerable companies, so they can either learn to adapt to the new climate of higher interest rates or exit the market by going into insolvency.

Russia grants Belarus new loan extensions

bne IntelliNews November 18, 2022

While the current the macroeconomic storm in Belarus does not favour Minsk's foreign currency revenues, it will likely have enough to pay off its foreign currency-denominated debt. However, it might not have the technical possibility to do so.

Russia’s McDonald’s successor to enter the Belarusian market

bne IntelliNews November 18, 2022

The Russian successor to McDonald's "Vkusno i tochka" will soon enter the Belarusian market.

Ukraine to construct a wall along its border with Belarus

bne IntelliNews November 15, 2022

Like Poland, Lithuania and Latvia, Ukraine wants a physical barrier along its border with Belarus. With the construction of its new border wall, Belarus is becoming increasingly boxed-in and pushed even closer to Russia.

How sanctions and government policies are strangling Belarusian growth

bne IntelliNews November 11, 2022

Sanctions, inflation rates and government policies have been (and still are) restraining Belarus’ industrial output and the domestic market’s expansion this year. The effects are clearly reflected in the increase in stocks of finished goods.

Lithuanian businessman and Lukashenko associate made billions through oil export scheme, according to investigation

bne IntelliNews November 9, 2022

Yury Chyzh and his Lithuanian partner Vitold Tomasevskij are reported to have transferred billions of dollars out of Belarus that they had allegedly made thanks to preferential access to cheap petroleum.

Russian military activity in Belarus and Putin's hopes for bringing his ally into the conflict

bne IntelliNews November 9, 2022

Russia could form new strike groups to attempt another offensive from Belarusian territory in 2-3 months, according to one Ukrainian military official.

Ryanair Flight FR4978 and the beginning of the end for Belarusian flagship SOEs

bne IntelliNews November 7, 2022

The Ryan air incident of 2021 could be seen as a sort of prelude to what’s happening to the Belarusian economy today. Many other Belarusian SOEs struggling today are already (or will soon be) facing a similar fate.

Lukashenko steps up political repression as he strengthens ties with Putin

bne IntelliNews November 3, 2022

In the last two months, Minsk has significantly tightened its political control of the country. Minsk's increased political crackdowns show there is no end in sight for the spiral of repressions that have been ongoing since 2020.

Belarus Corruption Watch: How two businessmen made billions from the “solvents scheme”

bne IntelliNews November 2, 2022

In their latest investigation, the Belarusian Investigative Centre has detailed, with the help of the Cyber Partisans, Chyzh’s and Tomaševsky’s joint business schemes since the earlier 2000s and found out how they’ve spent their fortunes.

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