Crisis? What Crisis?: Russia`s Economy at the end of Q3

Students of British history will not soon forget the glib remark by Prime Minister Jim (a.k.a. "Sunny Jim") Callaghan, following a 1979 return from the Caribbean to a nation beset by winter strikes, increased inflation and a faltering economy. "Crisis? What Crisis?," said Callaghan. And voters soon gave him the boot. Now in the face of rising food prices, economic challenges and sanctions, it appears that R ...

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Terrorists operate in Poland

“We are monitoring several tens of people,” the general said, explaining that the people are usually Poles, who years ago emigrated to Germany or Norway, where they converted to Islam and from where they have relocated to fight in the name of the IS. The ABW is also closely monitoring foreigners living in Poland who are known to have travelled to areas that lie within the IS. ...

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Not waving, just drowning: Further bad news clouds the Russian economy

Russia`s reaction to the introduction of western sanctions, largely following the downing of a civilian airliner MH-17, led to it placing an embargo on food imports from the EU. This led to a significant increase in food prices borne by Russians and was further compounded by a collapse in the Russian ruble both in the run up to Christmas last year - and, despite a modest recovery, is continuing its slide – ...

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