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Bulletin No. 18 (192) 2026

October 26, 2026
Limited Cabinet Reshuffle; Witkoff’s St. Petersburg Visit; Strikes on Data Centres; Divisive Tax Plans; Lesta’s New Owners

OVERVIEW OF KEY TRENDS

IN FOCUS

Government Reshuffle

  • The Apparat’s Intrigue

  • Succession in the Far East

  • Transport Reshuffles

SIGNIFICANT DEVELOPMENTS

Witkoff’s Visit to St. Petersburg

  • Changing Conditions

  • Consultations in Oslo

  • The St. Petersburg Meeting

  • A Possible Trump–Putin–Xi Meeting?

Russia’s Digital Infrastructure Under Fire

  • The Cost Of Concentration

  • Paying for Resilience

  • Sovereignty and State Oversight

Tax Bargaining with the Kremlin

  • Big Business vs. Small Business

  • Bargaining in Public

Lesta’s New Owners

INDICATORS

  • Regions Cut Spending

  • Corporate Debt and Payment Delays

R.Politik RECOMMENDS

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Brief presentation

President Vladimir Putin has kept Prime Minister Mikhail Mishustin in office but removed his longstanding chief of staff, replacing him with a Finance Ministry official. Finance Minister Anton Siluanov has meanwhile regained a deputy premiership. The bulletin examines why Mishustin lost his ally, how the new appointees secured Putin’s approval, and what the changes mean for control over digital policy and the management of increasingly scarce budget resources.

SIGNIFICANT DEVELOPMENTS

  • Witkoff’s St. Petersburg Visit. US envoy Steve Witkoff’s talks with Putin covered potential economic deals and preparations to resume trilateral negotiations over Ukraine. How does Moscow connect these discussions to its war aims, and what does it expect from a possible Trump–Putin–Xi summit?

  • Strikes on Data Centres. Ukrainian attacks are forcing Russian technology companies to reconsider protection, backup capacity and their reliance on state assistance. The consequences extend beyond restoring services to questions about data localisation, regulatory intervention and who pays for resilience.

  • Divisive Tax Plans. Competing proposals have opened a public dispute within the business community over taxation and investment incentives. The debate brings lobbying access, political loyalty and the distribution of the wartime fiscal burden into focus.

  • Lesta’s New Owners. The gaming company’s sale following its confiscation has left its ultimate ownership opaque. Our analysis traces the relationships behind the transaction and considers the commercial and security interests involved in controlling a major gaming platform.

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