A brief, but illuminating economics article.
bne-intellinews is reporting about Russia that the Ruble is too strong and hence deflation is starting due to a decline in food prices as Russians switch to domestic produce. And that the Kremlin’s priority is to control all the Donbas. And that a Ceasefire is probable then. And, it is said that people in China have an increasingly positive attitude towards Russia and an increasingly negative attitude towards the US.
And that's basically what you get in the west when you set up the circular firing squad of sanctions; economic mayhem,inflation, but in Russia deflation but more domestic industry .
Oh and they say the new owners of the Russian McDonald’s franchise will re-open on June 12 which is the Russia Day national holiday. Something for burger fans to look forward to, after the brief outage..... perhaps they will be cheaper?
