Emil Wannheden
@ewannhed.bsky.social
Analyst, Swedish Defence Research (FOI) Agency. Russia, economics, etc.
Reposted by Emil Wannheden
Our new @piie.com Working Paper on Russia’s war-induced regional convergence with @eribakova.bsky.social & @ygorodnichenko.bsky.social now out! @bofit.suomenpankki.fi @suomenpankki.fi
Many poorer regions saw their incomes rise faster 2022-24 as public spending rose🇷🇺
www.piie.com/publications...
Many poorer regions saw their incomes rise faster 2022-24 as public spending rose🇷🇺
www.piie.com/publications...
War-induced economic convergence in Russian regions
This paper examines the impact of Russia's 2022 full-scale invasion of Ukraine on Russia’s economy at a subnational, or “regional,” level. The analysis focuses on the regional disparities and converge...
www.piie.com
December 9, 2025 at 6:12 PM
Our new @piie.com Working Paper on Russia’s war-induced regional convergence with @eribakova.bsky.social & @ygorodnichenko.bsky.social now out! @bofit.suomenpankki.fi @suomenpankki.fi
Many poorer regions saw their incomes rise faster 2022-24 as public spending rose🇷🇺
www.piie.com/publications...
Many poorer regions saw their incomes rise faster 2022-24 as public spending rose🇷🇺
www.piie.com/publications...
Reposted by Emil Wannheden
Good report on the role of the Bank of Russia during Russia’s war against Ukraine by @ewannhed.bsky.social
foi.se/en/foi/repor...
foi.se/en/foi/repor...
Steady under fire: the Central Bank of Russia and the wartime economy
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foi.se
December 7, 2025 at 4:51 PM
Good report on the role of the Bank of Russia during Russia’s war against Ukraine by @ewannhed.bsky.social
foi.se/en/foi/repor...
foi.se/en/foi/repor...
The Russian drone industry just became obsolete.
A Russian neurotech firm says it has field-tested pigeons with brain implants that let operators steer the birds’ flight paths remotely. The “biodrone” pigeons supposedly follow uploaded directions and require no training. meduza.io/en/feature/2...
Russian neurotechnology company says it can steer pigeon flocks with implanted brain chips — Meduza
The Russian neurotechnology company Neiry claims to have begun field testing a flock of pigeons with chips implanted in their brains, allowing researchers to steer the birds from the laboratory into…
meduza.io
November 26, 2025 at 6:57 PM
The Russian drone industry just became obsolete.
Reposted by Emil Wannheden
Russia published its budget report for Q3 of 2025. Military spending is not slowing down. In Q3, it was 38% higher than last year (3.6 trillion rubles in Q3, 11.9 trillion rubles so far for the year). Good news: Federal recruitment data is back!
November 17, 2025 at 5:04 PM
Russia published its budget report for Q3 of 2025. Military spending is not slowing down. In Q3, it was 38% higher than last year (3.6 trillion rubles in Q3, 11.9 trillion rubles so far for the year). Good news: Federal recruitment data is back!
Reposted by Emil Wannheden
BOFIT Weekly Review 43/2025
Russian economic growth expected to slow sharply; new sanctions increase risks
Read more 🔗 www.bofit.fi/en/monitorin...
#Russia #economy #BOFITWeeklyReview
Russian economic growth expected to slow sharply; new sanctions increase risks
Read more 🔗 www.bofit.fi/en/monitorin...
#Russia #economy #BOFITWeeklyReview
October 24, 2025 at 10:56 AM
BOFIT Weekly Review 43/2025
Russian economic growth expected to slow sharply; new sanctions increase risks
Read more 🔗 www.bofit.fi/en/monitorin...
#Russia #economy #BOFITWeeklyReview
Russian economic growth expected to slow sharply; new sanctions increase risks
Read more 🔗 www.bofit.fi/en/monitorin...
#Russia #economy #BOFITWeeklyReview
Reposted by Emil Wannheden
Bank of Russia lowers its key rate 50 bps to 16.5%, and expects inflation to reach 4% target in the second half of 2026. Optimistic.
cbr.ru/press/pr/?fi...
cbr.ru/press/pr/?fi...
October 24, 2025 at 1:10 PM
Bank of Russia lowers its key rate 50 bps to 16.5%, and expects inflation to reach 4% target in the second half of 2026. Optimistic.
cbr.ru/press/pr/?fi...
cbr.ru/press/pr/?fi...
"The war is bad for most Russian businesses, if not all of them. But the coal sector is in really deep shit" sober analysis in the FT today
October 13, 2025 at 5:43 AM
"The war is bad for most Russian businesses, if not all of them. But the coal sector is in really deep shit" sober analysis in the FT today
Reposted by Emil Wannheden
The Russian Finance Ministry now expects a deficit of 2.6% of GDP in 2025. Original plan was 0.5%, revised in June to 1.7%. The extra deficit will be financed with additional borrowing ~1% of GDP, leaving the National Wealth Fund intact (~2% of GDP liquid assets).
www.interfax.ru/business/104...
www.interfax.ru/business/104...
Минфин планирует увеличить объем внутренних заимствований в 2025 году на 2,2 трлн рублей
Минфин РФ планирует в текущем году увеличить объем государственных заимствований на внутреннем рынке, выступающих источником финансирования дефицита бюджета.Объем заимствований РФ в 2025 году будет ув...
www.interfax.ru
September 24, 2025 at 6:01 PM
The Russian Finance Ministry now expects a deficit of 2.6% of GDP in 2025. Original plan was 0.5%, revised in June to 1.7%. The extra deficit will be financed with additional borrowing ~1% of GDP, leaving the National Wealth Fund intact (~2% of GDP liquid assets).
www.interfax.ru/business/104...
www.interfax.ru/business/104...
Reposted by Emil Wannheden
In September 2021, @chrussiaeurasia.bsky.social published 'What Deters Russia', which looked at what succeeds and what fails when trying to dissuade Russia from doing something appalling (like invading its neighbours for instance.)
www.chathamhouse.org/2021/09/what...
[1/4]
www.chathamhouse.org/2021/09/what...
[1/4]
What deters Russia
Enduring principles for responding to Moscow
www.chathamhouse.org
September 10, 2025 at 6:12 PM
In September 2021, @chrussiaeurasia.bsky.social published 'What Deters Russia', which looked at what succeeds and what fails when trying to dissuade Russia from doing something appalling (like invading its neighbours for instance.)
www.chathamhouse.org/2021/09/what...
[1/4]
www.chathamhouse.org/2021/09/what...
[1/4]
Desperately needed reality check.
“Coalition of the willing”, “security guarantees” and now a “buffer zone”: the meaningless European pantomime continues while Russia contentedly proceeds with its murderous campaign.
www.youtube.com/watch?v=-PYB...
www.youtube.com/watch?v=-PYB...
Ukrainian DMZ is ‘unfeasible’ and only benefits Putin | Keir Giles
YouTube video by Times Radio
www.youtube.com
August 31, 2025 at 12:10 PM
Desperately needed reality check.
Reposted by Emil Wannheden
“Coalition of the willing”, “security guarantees” and now a “buffer zone”: the meaningless European pantomime continues while Russia contentedly proceeds with its murderous campaign.
www.youtube.com/watch?v=-PYB...
www.youtube.com/watch?v=-PYB...
Ukrainian DMZ is ‘unfeasible’ and only benefits Putin | Keir Giles
YouTube video by Times Radio
www.youtube.com
August 29, 2025 at 9:09 PM
“Coalition of the willing”, “security guarantees” and now a “buffer zone”: the meaningless European pantomime continues while Russia contentedly proceeds with its murderous campaign.
www.youtube.com/watch?v=-PYB...
www.youtube.com/watch?v=-PYB...
Reposted by Emil Wannheden
The sustainability of Russia's war effort is relative...
(Wall Street Journal, www.wsj.com/world/how-wi...).
(Wall Street Journal, www.wsj.com/world/how-wi...).
August 17, 2025 at 1:54 PM
The sustainability of Russia's war effort is relative...
(Wall Street Journal, www.wsj.com/world/how-wi...).
(Wall Street Journal, www.wsj.com/world/how-wi...).
Reposted by Emil Wannheden
New piece in @foreignpolicy.com from me and @msnegovaya.bsky.social outlining why sanctions on Russia matter and ways to tighten them. Russia's economic adaptation since 2022 has been impressive, but there are real issues that tougher sanctions could exploit foreignpolicy.com/2025/08/04/t...
What the Next Round of Sanctions Against Russia Should Look Like
Moscow has successfully restructured its economy on an impressive war footing, but there are weaknesses under the hood.
foreignpolicy.com
August 4, 2025 at 3:01 PM
New piece in @foreignpolicy.com from me and @msnegovaya.bsky.social outlining why sanctions on Russia matter and ways to tighten them. Russia's economic adaptation since 2022 has been impressive, but there are real issues that tougher sanctions could exploit foreignpolicy.com/2025/08/04/t...
Reposted by Emil Wannheden
The EU has an extensive sanctions regime against Russia - but it is constantly under threat of a veto from Hungary and Slovakia as it requires unanimity to be extended .In my latest piece I argue that the EU can overcome this by accusing Russia of economic coercion 1/n) www.cer.eu/insights/cas...
The case for using the Anti-Coercion Instrument against Russia
The EU sanctions regime against Russia is threatened by a Hungarian veto. The Anti-Coercion Instrument would allow the EU to bypass Budapest.
www.cer.eu
June 5, 2025 at 11:15 AM
The EU has an extensive sanctions regime against Russia - but it is constantly under threat of a veto from Hungary and Slovakia as it requires unanimity to be extended .In my latest piece I argue that the EU can overcome this by accusing Russia of economic coercion 1/n) www.cer.eu/insights/cas...
Reposted by Emil Wannheden
#Russia 's National Welfare Fund (i.e. oil fund) stood at $144.6 bn (5.5% of GDP) at the end of April. More importantly, liquid funds were $40.4 bn (1.5%). Liquid funds have decreased by more than $100 bn during the past three years.
May 18, 2025 at 4:51 PM
#Russia 's National Welfare Fund (i.e. oil fund) stood at $144.6 bn (5.5% of GDP) at the end of April. More importantly, liquid funds were $40.4 bn (1.5%). Liquid funds have decreased by more than $100 bn during the past three years.
Reposted by Emil Wannheden
And also re-upping this piece with the start of the IMF/WB Spring Meetings on why the IMF is a fantastic deal for America, thanks to THE HILL.
thehill.com/opinion/fina...
thehill.com/opinion/fina...
The IMF is a fantastic deal for America
If the U.S. steps back from the IMF, there will only be one winner: China.
thehill.com
April 21, 2025 at 1:17 PM
And also re-upping this piece with the start of the IMF/WB Spring Meetings on why the IMF is a fantastic deal for America, thanks to THE HILL.
thehill.com/opinion/fina...
thehill.com/opinion/fina...
Reposted by Emil Wannheden
April 10, 2025 at 7:58 AM
Reposted by Emil Wannheden
Any economic cooperation with Russia today only strengthens its military capabilities, making it a greater threat to Europe.
Russia will remain militarised even with a ceasefire, warns Swedish Defence Research Agency (FOI) analyst @ewannhed.bsky.social in an interview with @diplomaatia.bsky.social.
Russia will remain militarised even with a ceasefire, warns Swedish Defence Research Agency (FOI) analyst @ewannhed.bsky.social in an interview with @diplomaatia.bsky.social.
How to Break Russia’s Economic Back - ICDS
Russia's war effort is more political than economic consideration. Although the price of the war is high, Russia is willing to bear it, says Emil Wannheden, an economic analyst at the Swedish Defence ...
icds.ee
March 19, 2025 at 12:41 PM
Any economic cooperation with Russia today only strengthens its military capabilities, making it a greater threat to Europe.
Russia will remain militarised even with a ceasefire, warns Swedish Defence Research Agency (FOI) analyst @ewannhed.bsky.social in an interview with @diplomaatia.bsky.social.
Russia will remain militarised even with a ceasefire, warns Swedish Defence Research Agency (FOI) analyst @ewannhed.bsky.social in an interview with @diplomaatia.bsky.social.
Reposted by Emil Wannheden
Igasugune majanduskoostöö Venemaaga on vesi tema veskile ja oht Euroopa julgeolekule.
Venemaa militariseeritus jätkub isegi siis, kui sõlmida relvarahu, leiab Rootsi Kaitseuuringute Agentuuri (FOI) majandusanalüütik Emil Wannhedeniga.
@ewannhed.bsky.social
Venemaa militariseeritus jätkub isegi siis, kui sõlmida relvarahu, leiab Rootsi Kaitseuuringute Agentuuri (FOI) majandusanalüütik Emil Wannhedeniga.
@ewannhed.bsky.social
Emil Wannheden: Kuidas murda Venemaa majandust – Diplomaatia
Venemaa sõjapingutused on rohkem poliitiline kui majanduslik kaalutlus. Kuigi sõja hind on kõrge, on Venemaa valmis seda kandma, leidis Balti Kaitsekolledži Vene konverentsil osalenud Emil Wannheden, ...
diplomaatia.ee
March 17, 2025 at 11:28 AM
Igasugune majanduskoostöö Venemaaga on vesi tema veskile ja oht Euroopa julgeolekule.
Venemaa militariseeritus jätkub isegi siis, kui sõlmida relvarahu, leiab Rootsi Kaitseuuringute Agentuuri (FOI) majandusanalüütik Emil Wannhedeniga.
@ewannhed.bsky.social
Venemaa militariseeritus jätkub isegi siis, kui sõlmida relvarahu, leiab Rootsi Kaitseuuringute Agentuuri (FOI) majandusanalüütik Emil Wannhedeniga.
@ewannhed.bsky.social