Friday’s mini-budget has become a flash point for not just investors’ short-term concerns, but has given sharp focus to their long-held fears about the country.
Given the damage already done to the economy and markets, the default is also mostly symbolic for now, and matters little to Russians dealing with double-digit inflation.
Hybrid working exposes city-center businesses to risk, but it also has the potential to encourage a more diverse range of people into the workforce.
The increase reflects a shift in preferences for bigger houses, since more consumers expect to need office space at home, according to the bank.
