Ruble shrugs off Western sanctions

The Russian currency strengthened to more than a one-month high during trading on Tuesday, surging over 10% amid signs of progress in peace talks between Russian and Ukrainian negotiators. The looming ruble-for-gas payments deadline has also been lifting the currency.

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A million-dollar stay: How Davos locals gouge the global elite

Property owners are taking full advantage of a supply and demand mismatch to drive prices up to unimaginable levels Rental prices in Davos, Switzerland during the World Economic Forum (WEF) have become a spectacle of the absurd. However, for local landlords this is not something outrageous but merely business as usual — a prime opportunity…

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Austrians urged to save rubles

Chancellor Karl Nehammer mistakenly used a picture featuring the Russian currency in his party’s PR campaign Austrian Chancellor Karl Nehammer became the target of online jokes this week following an X (formerly Twitter) post promoting his party’s ‘Believe in Austria’ PR campaign that featured an image of Russian rubles instead of euros.

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