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Stories from Russia

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economy 16d ago Moscow

Moscow Office Demand Expected To Remain Stable

Office space demand is projected to remain strong for the next 10-15 years, potentially requiring several million square meters of space. Market experts suggest demand for office space in Moscow will remain high and stable despite regional shifts. Estimates indicate between 15 million and 25 million square meters of Class C, D, and E office space are located within zones subject to the Creative Cluster Tax (KRT). Even if only one-quarter of current occupants choose to stay in Moscow rather than relocating to the Moscow region, demand will remain in the millions over a 10-15 year horizon.
Business FM Russia
technology 16d ago

Russian Nuclear Plant's Long Half-Life Creates 'Eternal Engine' Risk

The half-life of Uranium is 4 billion years, and Plutonium-239 is 29,000 years, creating a situation described as an 'eternal engine'. This long decay period poses a risk if heat is not managed.
Radio Rossii
culture 16d ago Yakutsk

Yakutia's Traditional Diet Features Dairy and Frozen Fish

The traditional diet in Yakutia includes dairy products from cattle and horse husbandry, as well as stroganina, which is thinly sliced frozen fish. Guests are traditionally shown to a specific seat of honor upon arrival.
Radio Mayak
economy 16d ago Moscow

Russia Expands Blacklist of EU Officials

The Russian online retailer Zolotoy Yablok has seen its internet trade grow to 35% of its turnover. The company is noted for its assortment flexibility and localization, which helped it avoid issues when Western brands departed. Zolotoy Yablok's strategy includes gamification, merchandising, and collaborations, creating a 'lounge zone' that encourages customer return. This approach is contrasted with competitors like Letual, which has closed approximately 500 stores in the past year, largely due to the rise of online commerce. Russia has expanded its blacklist of European Union officials who are banned from entering the country. This action is in response to the EU's approval of the twentieth sanctions package related to the war in Ukraine. The Russian Foreign Ministry announced the expansion on Monday. The Russian Ministry of Foreign Affairs announced the expansion of the list.
Kommersant FM
economy 16d ago Moscow

Russia Faces Severe Labor and Resource Shortages

The Russian General Prosecutor's Office is developing new measures to address the expropriation of property from accused major shareholders. The Central Bank could be involved, but the Prosecutor's Office may have advantages in its actions. This initiative aims to correct existing methods for protecting property. Oleg Vyugin, former chairman of the board of directors at UFAR, commented on the situation. Russian authorities have said the need to reliably protect state information resources. UN Secretary-General spokesperson Stephane Dujarric announced that Vanessa Fraser arrived in Russia on Tuesday. Fraser is scheduled to meet with Russian officials to discuss the protection of children affected by the conflict in Ukraine. Deputy Foreign Ministry spokesperson Alexander Alimov noted that emergency services faced challenges during the pandemic and ongoing conflicts.
Business FM Russia
politics 16d ago Moscow

Moscow Considers Business and Social Balance

Russian authorities are considering the balance between business and social needs. The process is significantly slowed, with considerations for monetary and credit conditions. There are questions about the freedoms available to active entrepreneurs and the development of infrastructure. This complex issue is being addressed.
Govorit Moskva
culture 16d ago Yakutsk

Yakut Clothing Adapted for Extreme Cold

Yakut traditional clothing features a unique cut adapted for the harsh northern climate. The use of fur as lining is a key characteristic of both men's and women's garments. This adaptation reflects ancient beliefs about nature and life, which are deeply integrated into Yakut culture and celebrations.
Radio Mayak
economy 16d ago Moscow

Bank Ballon Offers Installment Plans on Marketplaces

Bank Ballon has announced installment plans for marketplaces, described as an analog to microfinance organizations. This offering is characterized as a form of financial prudence, essentially providing an interest-free loan. The installments allow for phased payments, making it a more affordable option compared to traditional loans with interest.
Radio Sputnik
culture 16d ago Yakutsk

Yakut People's Turkic Language Origin and Northern Lifestyle

The Yakut language is of Turkic origin, with Turkic languages playing a role in the formation of the Yakut ethnos. The Republic of Sakha Yakutia's name is based on the Yakut language. The Yakuts are described as the northernmost horse breeders in the world, with a special breed of Yakut horses that graze in temperatures as low as minus 60 degrees Celsius. Their lifestyle is adapted to the northern climate.
Radio Mayak
technology 16d ago Moscow

Apple Laptop Sufficient for In-Company Language Model Server

Research indicates that a single, latest-generation Apple laptop is sufficient to serve as an in-company language model server. The cost for such a setup can be up to one million rubles. The payback period for this investment is relatively short, even with a full internal company deployment.
Business FM Russia