On August 20, it was reported that the federal agency suspended the work of four McDonald's restaurants in Moscow, including the very first McDonald's that opened in Russia, on Pushkinskaya Square in Moscow. Despite the recent events, the American fast food chain does not shelve plans to open restaurants in Siberia
The German economy, for the first time since 2012, dropped by 0.2 percent in the second quarter, resulting in the absence of GDP growth in the eurozone. Meanwhile, under the conditions of confrontation with the West, Russia will reorient its oil supplies. Russian oil exports to Asian countries have reached historic highs and will continue to grow
EU sanctions and Russia's countermeasures will be lifted in maximum three months, experts of Denmark's largest bank Danske said in their report devoted to consequences of the crisis in Ukraine for the European economy. The European Union and Russia will lose too much if they do not keep the two-way trade in energy outside the conflict
After Russia's low-cost airline Dobrolet was forced to suspend its activities because of sanctions, almost immediately after the company entered the market, Russian authorities consider a possibility for creating a new airline to carry out regular flights to the Crimean Peninsula. Dobrolet was sanctioned by the West for its flights to the Crimea
Can Australia cause economic damage to Russia by banning the sale of uranium to the country? According to Russia's Rosatom, there are practically no uranium supplies from Australia, uranium production on the continent is frozen, whereas Russia's uranium supplies are enough for the next 100 years
The term social and economic development makes sense only from the universalization of some social gains, such as lower infant mortality rate, quality universal education, promoting compatible, income distribution, making the market dynamic and above all, fomenting actions to protect the environment against "aggression" imposed by economic and...
The production and sales of McDonald's products is likely to be banned In Russia. Legal sanctions may affect cheeseburgers and royal cheeseburgers, filet-o-fish, chicken burgers, ice cream with berry fillings and milkshakes. the content of fat, protein and carbohydrates in these product did not correspond to the data indicated in information sheets
In Brussels, members of the Committee of Permanent Representatives of 28 countries of the European Union gathered for a meeting to discuss new sanctions against the Russian Federation. With regard to economic sanctions that affect whole sectors of the Russian economy, the European Union does not hurry to impose them
In response to concerns about the introduction of new sanctions on the part of the European Union, Russian oligarchs living in the UK have started to withdraw their assets from the country. A representative of the office of Prime Minister David Cameron said that this started happening after British officials threatened to punish Putin's confidants
The recent announcement of an inter-oceanic canal in Nicaragua is now seen as a further step in realizing this project and as an opportunity to optimize global trade. Alberto Vega, of the company in charge of feasibility studies on the project - said that if this pathway becomes reality, it will meet current global demand for commercial transport.
The third and final estimate of first quarter 2014 real GDP growth released June 25 by the US Bureau of Economic Analysis was a 2.9% contraction in GDP growth, a 5.5 percentage point difference from the January forecast of 2.6% growth. The financial press echoes Wall Street, and Wall Street economists are paid to help sell financial instruments
Representative of U.S.-based fast food corporation Burger King Worldwide, Bryson Thornton, said that the chain was not going to open its restaurants in the Crimea. It turns out that the previous statement from the company that expressed a contrary intention in April was a bit hasty. In Russia, Burger King network appeared in late 2010
European countries are not interested in sanctions given the volume of their investments in Russia. They come from Europe, mostly from Germany, so today Europe is more interested in a stable situation in Russia. Russia is one of most convenient markets in the world. The energy industry of Europe largely depends on Russia