Jason Corcoran
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Author of the book, Leaving Russia, published in May 2026. Journalist for Sunday Times (UK), Business Insider (US), Moscow Times, Irish Independent. LFC 🏆
Articles by Jason Corcoran
Krym miał być symbolem triumfu Putina. Dziś staje się kosztownym obciążeniem. To cios w mit siły Kremla [OPINIA]
Autor jest dziennikarzem zajmującym się tematyką gospodarczą i polityczną w Rosji oraz krajach Wspólnoty Niepodległych Państw (WNP). Tego lata żaden z naszych przyjaciół ani krewnych, którzy nadal mieszkają w Rosji, nie spędzi wakacji na Krymie. Wielu z nich nadal to robiło po rozpoczęciu pełnej inwazji Rosji, kiedy Europa zamknęła się na rosyjskich turystów, a ceniony przez prezydenta Władimira Putina półwysep stał się popularnym kurortem nadmorskim pomimo sporadycznych ataków dronów.
Even If Ukraine Doesn't Recapture Crimea, Kyiv Has Damaged Russia's Credibility
This summer, none of our friends or relatives still in Russia will holiday in Crimea. Many continued doing so after Russia's full-scale invasion, when Europe closed to Russian travellers and President Vladimir Putin's prized peninsula became a popular beach destination despite the occasional drone attack. Now, intensifying Ukrainian drone strikes, fuel shortages and mounting disruption have made even Crimea an unattractive place to spend a summer holiday.
Europe Should Beat Russia at Its Own Nationalization Game Original
Europe is facing growing political and social pressure to move beyond sanctions and asset freezes toward something far more consequential in its economic war with Russia: nationalizing strategic Russian industrial assets operating in Ireland, Finland and other parts of Europe. Two cases now sit at the center of that debate: Aughinish in Limerick, Ireland, and nickel operations linked to Finland’s industrial ecosystem and Nornickel, both ultimately controlled by Russian oligarchs.
Sanctioned Russian Tycoons Are Still Profiting From Industries in Europe
When President Vladimir Putin gathered Russia’s top businessmen in the Kremlin for a wartime whip round on Thursday, there was no ambiguity about what was happening: the only way to have industrial wealth in Russia is to be aligned with the state’s objectives. According to The Bell, figures including longtime Putin ally Oleg Deripaska agreed to help bankroll the war in Ukraine.
Leaving Russia: How Putin forced a nation's future to flee
by Qty € 16.99 ISBN: 9781068407727 We have no additional information on this product at the moment but please check again tomorrow. 211 pages. Not Yet Published. Printed on or after 30/04/26. Please note dispatch may take 5-10 days after publication date. A separate order should be placed for this item. If you order this along with other items, your entire order will be held and despatched when complete. Date of Publication: 30/04/2026
Kreml podobno podkula ogon i chce wrócić do dolara. Prawdziwa farsa
Za wszystkimi wyzywającymi, pełnymi dumy deklaracjami Rosja podobno rozważa powrót do rzekomo toksycznego systemu rozliczeń dolarowych. Według doniesień Bloomberga wewnętrzna notatka Kremla nakreśla potencjalne obszary zbliżenia z Waszyngtonem.
Moscow's De-Dollarization Dreams Meet Pragmatic Reality
For years, the Kremlin has thundered that the age of the dollar was ending. The greenback was a weapon, we were told — an instrument of pernicious American coercion that Russia would cast aside as it built a new, sovereign financial order. De-dollarization was destiny, not just policy. Moscow would lead the world toward a multipolar system where Washington no longer held the whip hand. State media treated the dollar’s decline as not just inevitable, but imminent. Now comes the twist.
Leaving Russia by Jason Corcoran
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Visa Bans Don't Hurt the Russians With True Power
The European Union has just banned Russians from obtaining multi-entry Schengen visas, billing the move as tightening the screws on the Kremlin. In practice, it does the opposite. Many of Russia’s elites still glide through Europe on “golden passports” and “golden visas,” boarding their private jets without a care in the world. Ordinary Russians, meanwhile, now face soaring costs and tighter restrictions just to visit family, study abroad, or take a holiday. This new policy may look tough.
Can Russians Be Trusted With Dollars? The Finance Ministry Doesn't Think So.
Russian President Vladimir Putin has opened a new front against his own citizens. His latest weapon is not artillery or propaganda, but something more subtle and suffocating: control over every dollar, every euro, every door still leading to the outside world. According to sources cited by Interfax, the new proposal from Russia’s Ministry of Finance would hand the president sweeping power to ban or restrict any foreign currency transactions by Russian residents.
Putin nie może ukryć kryzysu paliwowego. Upokorzenie Rosji mierzone jest w baryłkach i rublach [ANALIZA]
Hurtowa cena benzyny wzrosła od stycznia o ponad 50 proc. — osiągając rekordowy poziom. Koszty oleju napędowego wzrosły tymczasem o prawie 10 proc. w ciągu zaledwie miesiąca, co sprawia, że paliwo staje się coraz mniej dostępne dla zwykłych Rosjan.
Putin Can't Hide Russia's Gasoline Crisis
Gasoline in Russia is being rationed from its western Baltic enclave of Kaliningrad to Vladivostok in the Far East. The nation that parades as an energy superpower cannot keep its own drivers on the road. In some regions, motorists are limited to 10-20 liters per visit — if they can find gasoline at all. In others, only diesel remains. Prices have soared as well.
Europa się chwieje. Trump może ją pogrążyć. "Nieświadomy lub świadomy sojusznik Moskwy"
Najnowszy pomysł prezydenta Stanów Zjednoczonych Donalda Trumpa dotyczący nałożenia dalszych sankcji na Rosję ma zaskakujący haczyk: NATO musi najpierw nałożyć na Chiny cła w wysokości od 50 proc. do 100 proc. Polska w centrum wielkiego przetasowania. Prof. Gacek: według Chin podcinamy gałąź, na której siedzimy Na pierwszy rzut oka wydaje się to śmiałym posunięciem, które pozwala pokonać dwóch przeciwników za jednym zamachem.
Trump’s Sanctions Playbook: Impossible Demands, Guaranteed Delays
United States President Donald Trump’s latest wheeze for imposing further sanctions on Russia comes with a jaw-dropping catch: NATO must first impose tariffs of 50% to 100% on China. On the surface, it sounds like a bold move that takes on two adversaries in one stroke. But scratch it, and what you find is less Winston Churchill and more Baldrick from the farcical BBC sitcom Blackadder — a “cunning plan” so hopelessly self-defeating that only its author could think it brilliant.
Fantazje Rosji. "Genialny" plan Putina jest skazany na porażkę. "Niemal śmieszny"
Rozwiązanie Putina? Wspólne obligacje SzOW i nowe instytucje, które będą konkurować z Międzynarodowym Funduszem Walutowym (MFW) i Bankiem Światowym. Problemem nie jest ambicja, ale brak zaufania. Kreml szuka "nowej ropy" w kieszeniach Rosjan, by sfinansować swoją machinę wojenną. "Chcieliście niewypłacalności?
Putin’s Shanghai Bond Bonanza Is a Pipe Dream
Russian President Vladimir Putin strutted into this week’s Shanghai Cooperation Organization (SCO) summit vowing to free the world from “financial neo-colonialism.” His remedy? Joint SCO bonds and shiny new institutions to rival the IMF and World Bank. The problem with this is not the ambition. It is the absence of trust.
Cyfrowa żelazna kurtyna. Kreml zamienia swoją gospodarkę w "wiejskie targowisko". "Pamiętają jeszcze kolejki po papier toaletowy"
Dobra wiadomość, towarzysze! Przyszłość już nadeszła — i wygląda bardzo podobnie do roku 1985. Starszy prawodawca Władimir Gutenew, który jest również przewodniczącym Komisji Przemysłu i Handlu Dumy Państwowej, wezwał niedawno Rosjan do przygotowania się na "regularne i konieczne" wyłączenia internetu. "Jesteśmy przyzwyczajeni do płacenia kartami lub smartfonami i stałego dostępu do internetu. Ale teraz ważne jest, aby zaakceptować tymczasowe ograniczenia jako konieczność" — powiedział.
Welcome to Russia in 2025. Wave Your Comfortable Modern Life Goodbye.
Good news, comrades! The future is here — and it looks a lot like 1985. Senior lawmaker Vladimir Gutenev, who also heads the State Duma’s Industry and Trade Committee, recently urged Russians to prepare for “regular and necessary” internet shutdowns. “We’re used to paying with cards or smartphones and having constant connectivity,” he said.
"Polityczny teatr". Donald Trump może mieć mniej kart, niż się wydaje. Moskwa wciąż trzyma go w garści
Kiedy Donald Trump ogłosił plany skrócenia terminu wprowadzenia sankcji wtórnych wobec firm prowadzących interesy z Rosją, Kreml zareagował wzruszeniem ramion. Stoickie oświadczenia płynęły z ust moskiewskich urzędników, którzy odrzucili ten ruch jako kolejny blef Zachodu i twierdzili, że są w pełni przygotowani — nawet pomimo zbliżającego się nowego terminu 8 sierpnia. Tekst publikujemy dzięki uprzejmości The Moscow Times Jednak rynki nie dały się zwieść. Rubel stracił prawie 3 proc.
Trump’s Break-Up With Putin Is a Slap on the Wrist, Not a Knock-Out Punch
When Donald Trump announced plans to shorten the deadline before secondary sanctions kick in on companies doing business with Russia, the Kremlin responded with a shrug. Stoic statements flowed from Moscow officials, dismissing the move as yet another Western bluff and insisting they are fully prepared — even as the new deadline looms on August 8. But the markets were not fooled. The ruble sank almost 3% against the dollar.
Sektor bankowy w Rosji jest jak wioska potiomkinowska. „Pytanie nie brzmi, czy upadnie, tylko jak mocno”
Podziel się Rubel zachwiał się, ale utrzymał, a system finansowy nadal funkcjonuje. Ta nieprawdopodobna stabilność jest w dużej mierze zasługą Elwiry Nabiulliny, bystrej, technokratycznej szefowej Centralnego Banku Federacji Rosyjskiej. CZYTAJ TEŻ: Pojechałem zobaczyć, jak powstają śmigłowce dla polskiej armii. „Jesteśmy częścią planu zabezpieczenia sił zbrojnych na czas wojny” Ale iluzje nie trwają wiecznie. Pęknięcia już się tworzą, a rozliczenie jest nieuniknione.
Sektor bankowy w Rosji jest jak wioska potiomkinowska. "Pytanie nie brzmi, czy upadnie, tylko jak mocno"
Bank Centralny Federacji Rosyjskiej. Według Bloomberga co najmniej trzy z największych rosyjskich banków są gotowe zwrócić się do Banku Centralnego o pomoc finansową. Rubel zachwiał się, ale utrzymał, a system finansowy nadal funkcjonuje. Ta nieprawdopodobna stabilność jest w dużej mierze zasługą Elwiry Nabiulliny, bystrej, technokratycznej szefowej Centralnego Banku Federacji Rosyjskiej. CZYTAJ TEŻ: Pojechałem zobaczyć, jak powstają śmigłowce dla polskiej armii.
Russian Banks Will Fall. The Question Is How Hard.
For more than three years, Russia’s banking system has defied gravity. Crippled by Western sanctions, cut off from global financial markets and deprived of foreign capital, it has operated in a sealed economic vacuum. But it will not last. The ruble wobbled but held and the financial system continues to function. This improbable stability has been largely credited to Elvira Nabiullina, the astute technocratic head of the Central Bank. But illusions do not last forever.
Putin’s Davos Reduced to Taliban, Nepo Babies and Pariah States
Once hailed as Russia’s answer to Davos, this year’s St. Petersburg International Economic Forum (SPIEF) feels more like a trade show for pariah states, Kremlin nepo babies and contrarians than a hub of global dealmaking. Western attendees are scarce at President Vladimir Putin’s flagship business forum, once a symbol of East-West cooperation.
"Nikt tu już za Rosjanami nie tęskni". Kluczowy sojusznik odwraca się od Rosji i uśmiecha do UE. Putin podejmuje desperacką próbę
Los jest przesądzony. Armenia nie chce już dłużej czekać na protektora, który nigdy nie nadejdzie. Pęknięcie można najdokładniej prześledzić w latach 2021 i 2022, kiedy to siły Azerbejdżanu przeprowadziły transgraniczne ataki na terytorium Armenii, zabijając setki armeńskich żołnierzy. Armenia, jako członek-założyciel Organizacji Układu o Bezpieczeństwie Zbiorowym (ODKB) pod przewodnictwem Rosji, oczekiwała solidarności. Zamiast tego spotkała się z milczeniem.
Armenia Is Breaking Up With Russia - And Putin Can’t Stop It
For decades, Armenia was one of Russia’s most reliable post-Soviet allies — a small but loyal partner nestled in the volatile South Caucasus. But that marriage of convenience is now rapidly unravelling. Today, Yerevan is no longer whispering discontent. It is shouting it from the rooftops. And Moscow? It is scrambling to salvage the remains of its diminishing influence with soft power schemes and desperate political manoeuvers. The writing is now on the wall.
How Putin Turned Against Tech and 'Strangled' Russia's Silicon Dreams
Not so long ago, Russia was rolling out the red carpet for Western tech giants. Today, President Vladimir Putin is plotting how to “strangle them.” Once welcomed as symbols of innovation and global connectedness, these companies are now being recast as enemies of the state. “We need to strangle them … I say this without hesitation,” Putin told business leaders at a Kremlin meeting last week.
Trump-Putin Call Signals Risky Shift Toward Appeasement Through Trade
In a recent call with Vladimir Putin, Donald Trump made one thing clear: once the war in Ukraine is over, Washington should focus on “large-scale trade” with Russia. Forget sanctions. Forget holding Russia accountable for its war crimes. Trump’s post-war vision is all about business. This dangerous shift toward appeasement threatens Western unity and exposes companies to serious risks. Trump’s call for “large-scale trade” is nothing new.
Victory Day or Shutdown Day? Moscow Grinds to a Halt Ahead of May 9 Parade
As Moscow prepares for Victory Day on May 9, the city is almost paralysed. Russian media reports a capital in disarray, a near-total shutdown of services, and an eerie stillness that hangs over the streets. The Victory Day parade, which serves as both a celebration of Russia’s triumph over Nazi Germany and a showcase of Vladimir Putin’s military strength, has transformed Moscow into a city on the brink of a breakdown. The chaos is palpable.
Trump's "Stop!" to Putin: A Penelope Pitstop Moment in Ukraine’s Crisis
Trump telling Putin to "STOP!" on Truth Social gives me big Penelope Pitstop vibes - like, "Oh heeeelp! Stop this awful war, you brute!" Meanwhile, the Dastardly Putin and his chortling sidekick Dmitry Peskov are racing ahead, launching ballistic missiles at Ukraine and mocking Western efforts to halt them in their tracks.
"Przekleństwo dla Rosji". Donald Trump przez przypadek podtopił Moskwę. "Ambicje Putina zmiażdżone"
Jak na ironię losu, wojna celna i lekkomyślna polityka handlowa Trumpa sprawiły, że rosyjskie akcje gwałtownie spadły, a ceny ropy osiągnęły najniższe poziomy od czterech lat — potencjalnie zatapiając rosyjską gospodarkę w sposób, którego prezydent USA starał się uniknąć. Globalne trzęsienie ziemi. Donald Trump zrobił największy błąd — zjednoczył swoich rywali. "To spędza mu sen z powiek" Ropa Brent kosztuje obecnie zaledwie 63 dol.
How Trump’s Backfiring Trade War Could Crash Putin’s Economy
U.S. President Donald Trump’s policies, once seen as a potential lifeline for his Russian counterpart Vladimir Putin, are finally delivering a harsh and unintended punishment to Moscow. In a stunning irony, Trump’s tariff war and reckless trade policies have sent Russian stocks plummeting and oil prices crashing to their lowest levels in four years — potentially sinking the Russian economy in the very way he sought to avoid.
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From Moscow to Washington: How Signalgate Mirrors Kremlin’s Playbook
Reading about the Signalgate scandal gave me a strange sense of déjà vu.. When the compromised Signal chat involving senior U.S. officials and their mishandling of classified military info surfaced, the Trump administration’s frantic, disjointed efforts to spin, deny, and deflect felt all too familiar. It felt like a script straight from the Kremlin’s playbook.
Hedge Funds, Beware – Russia Is a Bad Investment - The Moscow Times
President Vladimir Putin’s move to allow major U.S. hedge funds to divest their frozen Russian securities marks a tentative first step in Russia’s bid to re-enter global capital markets. But do not be fooled — this is far from a breakthrough. With trust between Russia and the West shattered and bridges burned, rebuilding economic ties will require far more than a few opaque and dubious deals.
Reopening the Skies to Russian Flights Would Be a Mistake
The U.S. is reportedly considering reopening its airspace for direct Russian flights, a move that would throw a lifeline to Putin’s war economy and a ticket back to Western luxury for the elites. If Aeroflot, the Kremlin’s flagship carrier, regains access to American airspace, the EU would likely be pressured to follow suit, unraveling sanctions across the board.
Forget ESG – Western Firms Will Rush Back to Russia When War Ends - The Moscow Times
If Donald Trump — by sheer audacity or dumb luck — manages to broker a ceasefire in Ukraine, brace yourself. It will not just be diplomats celebrating. Western corporate executives will break out the champagne too. The ink on any peace deal will have barely dried before Western multinationals and expats rush back into Russia, chasing profits with little regard for geopolitical or ethical considerations.
Russia’s Economy Is Spoiling as Putin Struggles to Balance Guns and Butter
As President Vladimir Putin doubles down on military spending, Russia’s economy is curdling, leaving Muscovites feeling the squeeze at the checkout. Butter – a simple staple – has turned into a luxury, with prices soaring by almost 30% in 2024 amid galloping inflation and interest rates at 20-year highs. This isn’t just theory -- people are now stealing butter to resell on the black market, and supermarkets have resorted to anti-theft casings typically reserved for caviar or fine whiskey.
Honeytrap Russian Spy Scandal Shows Ireland Is Europe’s Soft Underbelly
Dublin's storied pubs this week were buzzing with salacious gossip about a politician compromised by a Russian honeytrap. But the real issue is Ireland's incredible vulnerability to espionage and other forms of influence. Russian intelligence used a strikingly beautiful female agent to recruit the politician, codenamed Cobalt, as an agent aiming to – among other things – undermine relations between Britain, Ireland and the EU during Brexit negotiations.
Russia’s Violent 1990s Re-Erupted With Wildberries Shootout
The bullets flying at Moscow's Wildberries HQ last week are a chilling sign that Russia's wild 1990s are back with a vengeance. In a deadly shootout straight out of a mobster's playbook, the violent chaos that once ruled the streets has returned to the Moscow boardroom, leaving two dead and the nation wondering whether Russia’s ruthless past ever really went away.
Irish engineering firm owner flees Russia as companies fear hike in exit price
By Jason Corcoran in Dublin #russia #ireland #Moex, #EBRD, #Banks, #Energy, Central Asia is one of the fastest growing regions in the world and is once again the “navel of the world” as overland trade between Asia and Europe takes off. The President of the European Council, Charles Michel, predicts that the December summit on Ukraine's accession to the EU will be “difficult". In the last seven years, Emerging Europe has grappled with pandemic, war and a cost of living crisis.
Irish engineering firm flees Russia as companies fear hike in exit price
By Jason Corcoran in Dublin #russia #ireland #Moex, #EBRD, #Banks, #Energy, The President of the European Council, Charles Michel, predicts that the December summit on Ukraine's accession to the EU will be “difficult". In the last seven years, Emerging Europe has grappled with pandemic, war and a cost of living crisis. So why did people get happier?
Russia hedge fund Prosperity Capital quits the UK for Abu-Dhabi
By Jason Corcoran in London #Russia #bnm #UAE #hedgefund #ProsperityCapital Serbia has agreed to buy 400mn cubic metres of natural gas a year from Azerbaijan from 2024, diversifying away from Russia. Development bank says supporting Ukraine is its highest priority, as it aims to increase investment in country to €3bn a year. President Vladimir Putin has granted a pardon to Sergei Khadzhikurbanov who was convicted of the 2006 murder of famous investigative journalist Anna Politkovskaya.
Russia hedge fund Prosperity Capital quits the UK for Abu-Dhabi
By Jason Corcoran in London #Russia #bnm #UAE #hedgefund #ProsperityCapital Serbia has agreed to buy 400mn cubic metres of natural gas a year from Azerbaijan from 2024, diversifying away from Russia. Development bank says supporting Ukraine is its highest priority, as it aims to increase investment in country to €3bn a year. President Vladimir Putin has granted a pardon to Sergei Khadzhikurbanov who was convicted of the 2006 murder of famous investigative journalist Anna Politkovskaya.
RenCap's 40 bankers in London want to set up a new boutique
Financial by 6 minutes ago 3 minute read Financial Management at Russia’s Renaissance Capital in London are exploring the possibility of a buyout by new shareholders. Such a deal would separate the company from Moscow-based Renaissance Capital Group, which is controlled by the billionaire oligarch Mikhail Prokhorov.
RenCap founder dubs Ukraine war “a catastrophic failure of international diplomacy”
Stephen Jennings, the co-founder of the Russian investment bank Renaissance Capital, has dubbed the war in Ukraine “a catastrophic failure of international diplomacy.” Speaking to the Leighton Smith Podcast in New Zealand last month, Jennings looked back at his more than two decades in Russia, his hasty exit after losing control of RenCap to his oligarch partner as well as his reflections on the war in Ukraine.
Russia mulls drastic measures as domestic fuel shortage crisis grows
Senior Kremlin figures are calling for a ban on the export of petroleum figures to prevent gas stations across Russia from running dry. There was a spate of reports over the weekend about diesel shortages at gas stations in Sevastopol in Crimea while Izvestia wrote last week about the increasing number of fuel shortages at gas stations in different regions of Russia.
AerCap reaches $645m agreement with Russian insurer over its aircraft leased to Aeroflot
A settlement worth $645m (€600m) to be paid to Dublin-based AerCap will see it release its claim to 18 seized aircraft trapped in Russia and may trigger a spate of deals. Aercap, the world’s largest aircraft lessor, said it had reached a deal with Aeroflot in relation to the 18 aircraft and five aircraft engines leased to the flagship Russian carrier.
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