Why Russia’s Economy Hasn’t Collapsed Under The Weight Of Sanctions

It has been nearly three months since Russia invaded Ukraine and, despite Ukraine’s remarkable resistance and the implementation of an aggressive sanctions package on Russia, there appears to be no end in sight to the war. Until now, a majority of analysis has focused on Russia’s military failures, Zelensky’s impressive leadership, and the surprisingly unified response of the international community. What has been relatively overlooked is the resilience of Russia’s economy when it comes to surviving sanctions. In a globalized world that is already suffering from supply chain problems, an energy shortage, and an economic slowdown, it is remarkable that sanctions have failed to bring Russia’s economy to its knees.

Before we address how Russia has managed to stave off economic disaster so far, it is necessary to understand the scale of the sanctions it faces. Perhaps most noteworthy is the sanctioning of Russia’s central bank, an unprecedented move that … Read more

Royal Mail to raise prices and cut costs as ‘significant’ headwinds hit

Royal Mail has said it will need to rise prices and cut costs in the face of soaring inflation.

The company warned that it sees “significant headwinds” from rising costs including wages, energy and fuel.

Royal Mail revealed that it aimed to make cost savings of £350m over the course of its current financial year in an attempt to bolster its position but did not say whether that plan would place jobs under threat.

Inflation is on the march across the UK economy.

The consumer price index hit its highest level in 40 years in April, it was announced on Wednesday, as the cost of living crisis deteriorated.

Royal Mail has already hiked the cost of posting letters by an average of around 7%, and parcel prices by an average of about 4%.

But it sees numerous threats from rising costs ahead, including the failure to agree a pay deal … Read more

What’s the Best Way to Sell Your Ecommerce Business?

The road to selling your e-commerce business for the best valuation can be difficult without help. Thankfully, there are many resources and businesses that specialize in facilitating this process available online.

When Is The Best Time To Sell An E-Commerce Business?

It is crucial to selling your e-commerce business at the right time. In addition, planning your exit strategy will help to get you the highest valuation possible.

For example, buyers will be more attracted to your business during its seasonal uptick in sales. However, it usually takes some time to sell the business. Therefore, it’s often a good strategy to begin selling at the start of the sales season.

Consulting an online business broker ahead of time to discuss this can be very helpful, especially for first-time business owners.

How To Prepare Your Business For Sale?

  1. Get a professional to put your financial records in order. These are crucial
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Why a Basement Leaks and How to Fix it Permanently

Basements tend to be lower-ceilinged rooms, which means that if they’re not sealed and ventilated well, they end up being very humid, which can be quite a problem. We all know what happens when we have a very humid environment – We end up with stuffy noses and stuffy heads very quickly. So, if you have a basement and you want to keep it dry and comfortable, you need to make sure that it doesn’t get too much exposure to the elements.

One of the main causes of basement leaks is poor foundation sealing. Most homeowners who have this issue often don’t even know where to start looking for the problem because they assume that the basement is a very sealed-off environment protected from the outside world.

But the reality is that most basements let in some air, even if it’s just a little bit. This is primarily due to … Read more