Stephanie Baker

@StephaniBaker

Senior Writer, Bloomberg/Businessweek investigations @business. http://Stephaniebakerwriter.com. @stephanie-baker.bsky-social Instagram: stephaniebaker7

London

Joined October 2009

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7KFollowers

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Stephanie Baker@StephaniBaker · Sep 23

PUNISHING PUTIN takes readers to the frontlines of the economic war to degrade Putin's war machine. But is it working? Here’s 90 seconds on one of the central questions in my new book 👇

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Stephanie Baker@StephaniBaker · Jul 23

Great to be on @BBC Ukrainecast with @vicderbyshire to talk about Trump’s tariff threat if Putin doesn’t agree a ceasefire. As I argue in my book, Punishing Putin, Russian oil was never effectively sanctioned. I doubt Trump will follow through on his threat.…

StephaniBaker's tweet image. Great to be on @BBC Ukrainecast with @vicderbyshire to talk about Trump’s tariff threat if Putin doesn’t agree a ceasefire. As I argue in my book, Punishing Putin, Russian oil was never effectively sanctioned. I doubt Trump will follow through on his threat.…

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Stephanie Baker@StephaniBaker · Jul 21

Bessent clarifies Trump's messy statement on tariffs if Putin doesn't negotiate. “Any country who buys sanctioned Russian oil is going to be subject to up to 100% secondary tariffs,” Bessent said. So not Russian uranium, which the US still buys from Moscow.…

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Stephanie Baker@StephaniBaker · Jul 18

Strong new EU sanctions targeting Russia's shadow fleet, lowering the price cap on Russian oil, blacklisting more banks and an Indian oil refinery. But the US really needs to join to make this effective. bloomberg.com/news/articles/…

StephaniBaker's tweet card. European Union states have approved a fresh sanctions package on Russia over its war against Ukraine including a revised oil price cap, new banking restrictions, and curbs on fuels made from Russian...

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Stephanie Baker@StephaniBaker · Jul 17

Top executives at least three of Russia's systematically important banks have privately discussed seeking a state bailout within the next year if the level of bad loans continues to worsen. bloomberg.com/news/articles/…

StephaniBaker's tweet card. Top executives at some of Russia’s biggest banks have privately discussed seeking a state-funded bailout if the level of bad loans on their books continues to worsen over the next year.

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Stephanie Baker@StephaniBaker · Jul 16

Great to be on @BBCNews @BBCWorld with @BBCMaryam this week to talk about Trump’s threat of tariffs to bring Putin to the negotiating table. More tariff political theater when there are sanctions he could impose right now.

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Stephanie Baker@StephaniBaker · Jul 14

I will be on @BBC news channel at 6pm UK time to talk about Trump’s tariff announcement on Russia.

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Stephanie Baker@StephaniBaker · Jul 9

Trump finally realising he’s been played: “We get a lot of bullshit thrown at us by Putin, [if] you want to know the truth,” Trump said. “He’s very nice all the time, but it turns out to be meaningless.” politico.com/news/2025/07/0…

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Stephanie Baker@StephaniBaker · Jul 8

Trump says he’ll send more defensive weapons to Ukraine — a reversal just after the Pentagon halted shipments. Still no new sanctions on Russia, even as he insists he’s “not happy” with Putin. Not even willing to talk tough. bloomberg.com/news/articles/…

StephaniBaker's tweet card. President Donald Trump said he’d ship more weapons to Ukraine, marking an apparent reversal after the Pentagon halted flows of some air-defense missiles and artillery shells to the country.

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Stephanie Baker@StephaniBaker · Jul 4

The Dutch secret service warn that Russia is intensifying its use of banned chemical weapons in Ukraine. aivd.nl/actueel/nieuws…

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Stephanie Baker@StephaniBaker · Jul 2

The Pentagon is giving Putin what he wants by halting military aid to Ukraine. Putin is even more unlikely to negotiate. nbcnews.com/politics/natio…

StephaniBaker's tweet card. The move "was made to put America’s interests first," a White House spokeswoman said, as U.S. munitions have been depleted in recent years.

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Stephanie Baker Retweeted

Charles Hecker@Charles_Hecker · Jul 2

What an engaging and lively night @frontlineclub, talking about US, China, Asia, and trade/Trump/tariffs and *a lot* more. Hugely grateful to @isabelhilton @StephaniBaker and @nivincent for sharing their timely insights in front of an active and enquiring audience.

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Stephanie Baker@StephaniBaker · Jun 26

Russia faces a credible risk of a systemic banking crisis in the next 12 months. Banks have estimated that their bad debts run to trillions of rubles and are taking steps to manage the increased risk leading to early signs of a credit crunch bloomberg.com/news/articles/…

StephaniBaker's tweet card. Russia’s economy faces a worsening outlook that is graver than publicly acknowledged, with a credible risk of a systemic banking crisis in the next 12 months, according to Russian banking officials.

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Stephanie Baker Retweeted

Charles Hecker@Charles_Hecker · Jun 25

Heads up: I'll be moderating this phenomenal panel on US-Asia rivalry @frontlineclub on 1 July w/ @isabelhilton @StephaniBaker and @nivincent. Join us! More info and register⬇️ eventbrite.co.uk/e/panel-discus… @eventbritehelp

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Stephanie Baker@StephaniBaker · Jun 24

A Russian attack on NATO would cost the world $1.5 trillion. Not beyond the realm of possibility with Putin saying “wherever the Russian soldier treads is ours.” bloomberg.com/graphics/2025-… via @bbgvisualdata

StephaniBaker's tweet card. The NATO chief says Russia may be ready for an attack on eastern Europe within five years.

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Stephanie Baker@StephaniBaker · Jun 23

Doublespeak alert: Putin denounces “absolutely unprovoked aggression” against Iran, just after nine people were killed in Kyiv in a totally unprovoked drone and missile strike bloomberg.com/news/articles/…

StephaniBaker's tweet card. Russian President Vladimir Putin denounced “absolutely unprovoked aggression” against Iran, as he met a top official from Tehran the day after the US strike on Iranian nuclear facilities.

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Stephanie Baker@StephaniBaker · Jun 20

Very disappointing and shows how much damage Trump is doing to the Russia sanctions coalition ➡️The EU shelved a plan for a stricter price cap on Russian oil exports over concerns that the US won’t back tougher sanctions due to rising crude prices bloomberg.com/news/articles/…

StephaniBaker's tweet card. The European Union shelved a plan for a stricter price cap on Russian oil exports over concerns that the US won’t back tougher sanctions due to rising crude prices.

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Stephanie Baker@StephaniBaker · Jun 20

TACO Trump strikes again. 2 weeks to impose sanctions on Russia = nothing. 2 weeks to attack Iran, giving them time to move material, also likely means he'll do nothing. bloomberg.com/news/articles/…

StephaniBaker's tweet card. US President Donald Trump signaled he would give diplomacy a chance before deciding whether to strike Iran, dialing back on recent comments that suggested military action could be imminent.

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Stephanie Baker@StephaniBaker · Jun 19

Putin’s top economic officials openly argued over the state of Russia’s economy, with one government minister issuing his starkest warning yet that the country may be teetering on the edge of a recession bloomberg.com/news/articles/…

StephaniBaker's tweet card. President Vladimir Putin’s top economic officials openly argued over the state of Russia’s economy during a session at a flagship forum, with one government minister issuing his starkest warning yet...

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Stephanie Baker@StephaniBaker · Jun 18

Russia warns Trump not to join the war against Iran, but looks unwilling and unable to help Tehran militarily, preferring to keep weapons stockpiles for its war against Ukraine. reuters.com/world/middle-e…

StephaniBaker's tweet card. Russia is telling the United States not to strike Iran because it would radically destabilise the Middle East, Russian Deputy Foreign Minister Sergei Ryabkov said on Wednesday, and Moscow said...

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