News for hackers. Stuff that matters.
Re:McDonald’s to Exit from Russia by lotusmars on Monday May 16, 2022 @11:43AM (#31399104)
Interest rate is already back to 14%[1]. Russian economy recovered super fast. Ruble is already stronger than before war (around 64 RUB for USD). Basically sanctions are a joke made for Biden to shout once before American public attention shifts to Amber Heard trial or some other spectacle of the day.

[1] https://www.reuters.com/business/finance/russian-central-ban...

Re:McDonald’s to Exit from Russia by TAKEMYMONEY on Monday May 16, 2022 @02:14PM (#31401301)
If you read your article you'll learn they are cutting the interest rate back because of sanctions (to mitigate the effects), and inflation is still soaring. 20% is not sustainable, analysts have seen this coming as Russia tries to avoid a recession, in fact the drop by 300 bps was larger than predicted.
Re:McDonald’s to Exit from Russia by KptMarchewa on Monday May 16, 2022 @02:48PM (#31401717)
>Ruble is already stronger than before war

This is completely irrelevant if you can't sell it for USD.

Re:McDonald’s to Exit from Russia by lotusmars on Wednesday May 18, 2022 @04:01AM (#31420304)
Where do you get this? You can buy USD officially at most banks. Tinkoff for example sells it for 67, which is once again even lower than before war.