Present-day Russia is almost the only major Christian country in the world where New Year festivities are more prominent than those of Christmas. While Westerners are unpacking gifts on December 24th, Russians are still immersed in an atmosphere of their upcoming holiday, which, when it comes around, is filled with age-old traditions and lasts almost…

Foreign information technology (IT) companies that have left the Russian market following Western sanctions this year lost roughly $10 billion in profits, the head of Russia’s Ministry of Digital Development, Communications and Mass Media, Maksut Shadaev, said on Tuesday.

Britain’s real wages, which factor in inflation, are expected fall back almost to a two-decade low The average pay of a British employee next year will drop to a level last seen in 2006, according to the latest report on the UK economy by multinational consultancy PwC, released earlier this week.