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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‘The Boy’s Word’: How a phenomenally successful Russian TV series has taken Ukraine by storm and infuriated its nationalists

Censors and politicians are unhappy about an acclaimed drama that has caused a stir in Kiev. Here’s why. The cultural war between Russia and Ukraine is one-sided. For Russians, it doesn’t exist at all – outside of politics, they don’t feel any hostility towards Ukrainian culture and find it quite interesting. Meanwhile, the Kiev authorities continue to seek…

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Russia makes sovereign bond payments

Moscow’s Ministry of Finance says dollar payments on foreign bonds previously stuck by sanctions are progressing Russia has finally managed to make dollar payments on two foreign bonds after sanctions introduced on the country’s financial system over its offensive in Ukraine had been holding transactions up for weeks.

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