This summer’s bad weather is not only putting a downer on the life in the capital, it’s also severely affecting the domestic economy. Farmers have been hit hardest while inflation and unemployment is on the rise. However, fashion retailers are offering big discounts in a bid to sell summer clothes - so there is one upside. This summer in the western part of Russia has been unusually cold and rainy. From May, Moscow witnessed rain, thunderstorms, and even snow. The Russian Hydrometeorological Center called May the “coldest” and June the“second coldest” the country has witnessed in the 21st century. The average temperature in June. Read more...
IT technology, organic produce and health tourism could be the main beneficiaries of Russia's effort to foster its status as an exporter country, say experts and market players. A girl examines a T-shirt, a part of the Russian Olympic team uniform, GUM, Moscow. Source: Evgeny Biyatov/RIA Novosti Vnesheconombank and the Roscongress Foundation, which is responsible for organizing the country's main investment forums, agreed on the joint promotion of Russian exports under the "Made in Russia" brand. The agreement, reached during the Russian Investment Forum in Sochi on Feb. 27, provides for advertising, marketing, branding and communications. Read more...
© Inline LLC 2015-2024. Privacy Policy | Terms of Service