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Tag Archives: explained

Reddit investors vs. Wall Street: The GameStop saga (so far) explained

Potentially the biggest thing to rock the US financial system since the 2008 meltdown, it all started with GameStop, a bricks-and-mortar video game retailer. Already under pressure from the competing digital-purchase model, the firm found itself really struggling last year, with the lockdowns and subsequent economic slowdown severely affecting its …

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The economist explained why the government benefits from a weak ruble

The Russian government is interested in weak national currency. Such opinion to the correspondent of “Rosbalt” was expressed by the researcher, Center for modernization studies at the European University in St. Petersburg Andrei Zaostrovtsev. “As a result of all manipulations during a pandemic is a deficit budget. And the lower …

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Kadyrov explained why his hand was a medical catheter

During yesterday’s meeting of the operational headquarters for the fight against coronavirus in Chechnya on the hand of the head of Republic Ramzan Kadyrov was a medical catheter, it got to the footage of the TV channel GTRK “Grozny”, later the story was removed, but a fragment published “Novaya Gazeta”. …

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