Category: Business

Russia bails out Iceland.  Media reacts in horror.

Russia bails out Iceland. Media reacts in horror.

When I heard the news earlier today that Russia is about to loan Iceland $5.4 billion (the equivalent of 1/3 of Iceland’s GDP) to bail out the financially crippled country’s ailing banks, I thought...

Russian President caught playing with black market iPhone

Russian President caught playing with black market iPhone

Dmitry Medvedev caught on video playing with his black market iPhone during a press conference with French President Sarkozy.

Coca-Cola Kvas

Coca-Cola has begun production of Kvas in Russia, proving that there is no soft-drink market they are not prepared to take on.