The value of a country’s currency is highly correlated with the GDP. Before the Ukraine invasion, oil and gas accounted for about 21.7 percent of Russia’s GDP. By December, it had dropped to 18 percent of GDP. Although the ruble plummeted, immediately after the invasion, by summer, it had rallied, because it seemed that Europe had not found a way to do without Russian
Boyle's prose flits artfully around on the page, rich in imagery and colloquial phrasing, often delivered via first-person narrators as deeply flawed as any reader could hope for. Sometimes this makes for an awkward balance between comedy and tragedy, but in his best work, Boyle succeeds in nailing a particular vein of (usually) male rage. His latest story collection, I Walk
This lighthearted genius of pop culture wants to make people think as well. Every icon from our combined histories is fair game for deconstruction, from colorfully painted World War II Nazi helmets “just a piece of metal” to cartoon renderings of historical figures from the Qajar dynasty. Marzban’s vivid imagination holds supreme sway over every endeavor. He has said that if
In Atoms and Ashes, Plokhy leads us on a “guided tour” of disasters besetting nuclear power in the past 70 years. These include the Castle Bravo nuclear test on the Marshall Islands (1954); the explosion of a nuclear waste tank at Kyshtym, in the Ural Mountains of the Soviet Union (1957); a fire at the Windscale Works in England (1957); Three Mile Island in the U.S. (1979);
On September 26th, the British pound lost nearly 5% of its value overnight, hitting a 37-year low. After months of continual devaluation, the pound is now worth 21% less than it was at the beginning of the year. The pound’s sharp decline has been blamed on the release of Britain’s new minibudget, which included major tax cuts, energy price caps, and direct payments to citizens