China’s Great Game: Russia Falls into Dangerous Addiction

China’s Great Game: Russia Falls into Dangerous Addiction

“Beijing has repeatedly formulated its position on the Ukrainian crisis,” says Professor, Doctor of Historical Sciences, Director of the Institute of Asian and African Countries, Moscow State University named after M.V. Lomonosov Alexey Maslov. – In the statements of both Xi Jinping and Foreign Minister Wang Yi, the idea was expressed that any conflict should … Read more

Kremlin threatens companies with nationalization

Kremlin threatens companies with nationalization

Moscow The McDonald’s at the Baumanskaya metro station in central Moscow is jam-packed. There are several universities nearby, including the Bauman MSTU, one of the largest technical universities in Russia. Many students sit in the fast food restaurant during their lunch break – perhaps for the last time. Darja at the checkout has her hands … Read more

Payment service provider Klarna takes back fees

Payment service provider Klarna takes back fees

Klarna advertising The Swedish payment service provider Klarna is adapting payment methods in favor of consumers. Industry observers believe that Klarna anticipates possible regulation. (Foto: mauritius images / Robert Evans / Alamy) Frankfurt While banks usually constantly increase fees, Klarna is becoming more generous with its conditions. At the beginning of the week, the Swedish fintech … Read more

Russia’s financial system strangled by sanctions

Russia’s financial system strangled by sanctions

DECRYPTION – The outlook is worrying: the fall of the ruble and the difficulty of paying for imported goods are likely to quickly cause large-scale inflation in the country. Russian banks will no longer publish their financial statements. This casts serious doubt on the solidity of the country’s financial institutions. Especially since it was quite … Read more