Spring has arrived in Moscow. It is sunny outside and the sky is deep blue. It seems like the perfect time to enjoy the weather, but nobody does so. All passers-by are on their smartphones, following the events in Ukraine and the new sanctions that western countries are imposing on Russia. Ask passers-by what day it is, and they most likely will take time to answer. But, they can tell you that the dollar exchange rate at the Russian Central Bank is more than 100 roubles, up from only 75 roubles a week ago. But even at the new rate, it is impossible to buy dollars. Banks sell it at 150 roubles for a dollar
It all started about a fortnight ago with several addresses by Russian President Vladimir Putin to fellow citizens. The addresses came like an explosion, completely unexpected by the majority of the population, since almost everyone believed that the warnings by NATO countries about Russia’s impending attack on Ukraine was nothing more than western propaganda. However, on February 24, Putin told fellow citizens: “In December 2021, we once again made an attempt to agree with the United States and its allies on the principles of ensuring security in Europe and on the non-expansion of NATO. Everything is in vain. The US position does not change.”
هذه القصة مأخوذة من طبعة March 13, 2022 من THE WEEK.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة March 13, 2022 من THE WEEK.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Trump And The Crisis Of Liberalism
Although Donald Trump's election to a non-consecutive second term to the US presidency is not unprecedented—Grover Cleveland had done it in 1893—it is nevertheless a watershed moment.
What Will It Take To Clean Up Delhi Air?
IT IS ASKED, year after year, why Delhi’s air remains unbreathable despite several interventions to reduce pollution.
Men eye the woman's purse
A couple of months ago, I chanced upon a young 20-something man at my gym walking out with a women’s sling bag.
When trees hold hands
A filmmaker explores the human-nature connect through the living root bridges
Ms Gee & Gen Z
The vibrant Anuja Chauhan and her daughter Nayantara on the generational gap in romance writing
Vikram Seth-a suitable man
Our golden boy of literature was the star attraction at the recent Shillong Literary Festival in mysterious Meghalaya.
Superman bites the dust
When my granddaughter Kim was about three, I often took her to play in a nearby park.
OLD MAN AND THE SEA
Meet G. Govinda Menon, the 102-year-old engineer who had a key role in surveying the Vizhinjam coast in the 1940s, assessing its potential for an international port
Managing volatility: smarter equity choices in uncertain markets
THE INDIAN STOCK MARKET has delivered a strong 11 per cent CAGR over the past decade, with positive returns for eight straight years.
Investing in actively managed low-volatility portfolios keeps risks at bay
AFTER A ROARING bull market over the past year, equity markets in the recent months have gone into a correction mode as FIIs go on a selling spree. Volatility has risen and investment returns are hurt.
