EU state’s hotel industry boss counts cost of anti-Russia sanctions

Latvia has lost a third of its tourists following a ban on most Russian visitors, Andris Kalnins has said Latvia has lost a third of its tourists since downgrading ties with Russia over the Ukraine conflict and is unlikely to ever recover the loss, the president of the Association of Hotels and Restaurants of Latvia,…

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McDonald’s has an Israel problem

The fast-food giant is facing a boycott in Muslim countries over its perceived support for the Jewish state amid the mass killing of Palestinians in Gaza Russian Market is a project by a financial blogger, Swiss journalist and political commentator based in Zurich. Follow him on X @runews

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Countries will need to create ruble reserves to buy Russian gas

Countries globally may soon have to create ruble reserves within their domestic economies if they wish to continue to buy Russian gas, as Moscow switches payments to its national currency, Ilya Ilyin, the head of the banking and financial markets analysis department at Promsvyazbank said on Thursday.

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