American coffee chain Starbucks said on Monday that it was pulling out of Russia and would no longer have a brand presence in the country. According to the company’s memo to employees, it will close its 130 stores in Russia.
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The Russian currency’s strength may negatively affect other sectors of the economy The combination of a strong ruble and high oil prices will temporarily tame inflation, however, it also could accelerate consumer prices in the future, according to Doctor of Economics Denis Domashchenko, as quoted by the Russian business daily RBC.
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Viktor Medvedchuk has outlined alleged corruption schemes perpetrated by former Ukrainian leader Petro Poroshenko The Ukrainian Security Service (SBU) has published a video in which captured Ukrainian opposition leader Viktor Medvedchuk testifies against former president Petro Poroshenko, accusing him of privatizing a fuel pipeline and conducting business with the breakaway regions of Donetsk and Lugansk…
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