The Great Compression – The New York Times

The Great Compression – The New York Times

Robert Lanter lives in a 600-square-foot house that can be traversed in five seconds and vacuumed from a single outlet. He doesn’t have a coffee table in the living room because it would obstruct the front door. When relatives come to visit, Mr. Lanter says jokingly, but only partly, they have to tour one at…

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Russia’s economy ‘in for very tough times’ despite improved outlook: IMF

Russia’s economy ‘in for very tough times’ despite improved outlook: IMF

Kristalina Georgieva, Managing Director of the International Monetary Fund, at a press conference at IMF headquarters on April 14, 2023. Kevin Dietsch | Getty Images News | Getty Images The head of the International Monetary Fund warned that the Russian economy still faces significant headwinds despite the Washington-based institution’s recent growth upgrade. Russia’s economy has…

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