Word: russianizing
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...past year. Tourist numbers have fallen. A third of restaurants in Tallinn's old city center are expected to close in the next few months. It doesn't help that a diplomatic spat between Estonia and Russia, which erupted last year following Estonia's decision to relocate a Russian war memorial, has resulted in a 30% drop in exports through Estonia's ports. Combine all that bad news and it's little wonder that Estonia's unemployment rate, just 4.7% in 2007, is predicted to hit 9% next year. "Everyone is worried about what will happen," says Aivar Hundimagi, deputy...
...know that all was as it had been yesterday, where you saw how the things that you used had been made and could recite the lives of those who had made them." And so it is. Among the gathering Obamas are cousins Olga and Sasha, whose father married a Russian; cousin John Kennedy, who changed his name when he moved to the nearby city of Kisumu; Malik's brother Sadiq, who has brought his daughter Shami from Britain; and uncles Patrick, Tom and Elly and all their sons and daughters from Kendu Bay, who brew the moonshine behind their huts...
...Siberian city of Barnaul, pensioners, angry with rapidly declining living standards and rapidly rising bills, last week stormed and occupied the Regional Administration Building, demanding more money. Russian sociologists are expecting a massive wave of similar protests and strikes to roll throughout Russia, not unlike those that shook the country in the 1990s, with angry coal miners blocking railways in Siberia and unpaid workers striking in the cities. Now some enterprises are again failing to pay their workers, while others simply go out of business. But disruptive protests would contravene a new labor code passed under Putin in 2001, which...
...hydrocarbon windfall that fueled the Russian state's recent revival appears unable to offer a solution to the crisis. Russian foreign-currency reserves that stood at almost $600 billion last August have shrunk to $485 billion as the state has been forced to spend to bail out state-run banks and prevent abrupt devaluation of the weakening ruble. There is no telling if the policy has worked, though, and there's worse to come: major state-run corporations such as Gazprom and Rosneft, as well as Russia's regional governments, have accumulated debts amounting to some $448 billion that...
Last year, 6.1% of Russians (4.6 million people) were unemployed, according to Yevgeny Gontmakher, director of the Social Studies Center of the Institute of the Economics of the Russian Academy of Sciences. Gontmakher expects this figure to double next year...