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Russian currency jumps to five-month high

The ruble has been bolstered by a recent key rate hike and increased sales of foreign earnings by exporters The Russian ruble continued to strengthen against major currencies on Tuesday, surging to a five-month high, trading data from the Moscow Exchange (MOEX) showed.

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MPs propose clampdown on ‘Airbnb’ style rentals

New legislation aims to protect permanent residents in apartment blocks from discomfort caused by constant tenant turnover Russian apartment owners may soon have to get permission from their neighbors before renting out their property on a per-day basis, according to a new bill being debated by the country’s lawmakers.

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Ukraine can be ‘new Korea’ – ex-NATO commander

Freezing the conflict and giving Kiev seized Russian money is “a realistic scenario” for a “miracle,” James Stavridis has said Ukraine will experience a “Korean-style miracle” if it stops fighting, gets limited NATO protection and rapidly rebuilds, preferably paid for by Russian money, according to retired US Admiral James Stavridis, NATO’s former top commander in…

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