Despite the fact that the weakening of the ruble has been predicted since late 2013, the rapid devaluation of the Russian currency is now associated with political instability in Ukraine. We asked experts whether the Ukrainian revolution and instability adversely affected the ruble and whether the situation will continue to deteriorate
A few days ago, a lot of attention in Russia was paid to the sentence of defendants of the case of Bolotnaya Square. This happened because a Russian news aggregator Yandex.Ru made the news story a top story of the day. It just so happens that both the Olympics and the events in Ukraine paled in comparison with Bolotnaya Square news
Cheap flights are a worldwide practice that has not been adopted in Russia. Europeans and Americans have been long opting out of extra services, such as meals during short distance flights and luggage transportation to save on tickets. For example, in Europe one can buy a plane ticket for only 30 euros, or even 10-15 euros during a sales campaign
As soon as the removal of Iran sanctions prohibiting the members of the international community to buy oil from this country became public knowledge, analysts and experts started talking about a possible collapse of oil prices. How realistic is this scenario and what would be the consequences of Iran's oil production for Russia?
The recent death of Mikhail Kalashnikov whose name became a national brand in Russia will not affect the economic activity of the company that bears his name. The world famous Russian weapons concern from Izhevsk has massive plans for the global market, compensating damages from the loss of traditional arms exports partners
More and more Americans denounce US citizenship or residence permit, and the wheel keeps on turning. What makes people want to leave their dreams-come-true country? Taxation in the US is based on the principle of taxpayers' citizenship. The US and Eritrea are the only countries in the world that levy taxes from foreign incomes of their citizens.
A global humanitarian foundation BE OPEN, founded by the well-known Russian business-woman with a billiard-worth fortune Yelena Baturina, is now planning to conquer the Indian capital. The previous notable projects implemented by the foundation in such centres of global design as Milan, London, Basel and Miami, have become extraordinary events
We can not say that Russia is one of the most attractive countries in the world for investment. In recent years, especially after 2008, a new trend of flow of capital has been seen that at one time was moving from the developed countries of Europe and the United States to developing countries. There, respectively, it was a driver of the development
The Tu-204 is a Russian medium-range passenger aircraft that has been serially produced since 1990. The Tu-204 and its modifications are mainly used by the President's administration. The Interstate Aviation Committee issued a statement that the only "operational" Russian mid-range Tu-204 may be rendered out of commission
What is the secret of growth of the most successful international companies like Apple, Nike, or Pepsi-Cola? How do they manage to remain industry leaders for many years? They say that advertising is the engine of trade. It is particularly effective when it starts using psychological manipulation, inciting to buy not the product, but its image
Russia is set to erase trade boundaries between EurAsEC countries and the European Union. Free trade zone negotiations are underway, although the implementation of the idea is associated with many difficulties. Experts believe that it would be easier to make these plans real if the European Union had a different attitude to the Customs Union
Nothing was left from the military complex of the USSR, which still strikes imagination of many historians around the world. The collapse of the Soviet military complex occurred after conversion and separation of the republics, where Soviet defense industry companies were located. Will Russia be able to bring back its erstwhile defense power?
In the last five or six years the global trend towards fragmentation of vacation has been clearly seen in Russia. Average Russians now take several shorter vacations instead of one long one. The tourist industry now no longer has two main peaks (summer and early fall), but at least three.