For Russians, McDonald's was once a symbol of modernity. Its closing feels like a step backward.

Mar 23, 2022
When the golden arches opened, Russians marveled at how it differed from local restaurants: friendly service and plastic packaging.
When McDonald's opened in Moscow in 1990, Russians looked at it as "a window to a different world," says Konstantin Sonin, a University of Chicago professor who grew up in Russia. Above, the Pushkin Square restaurant.
AFP via Getty Images

Russia’s economic isolation has a long history

Feb 24, 2022
Once again, a professor of Russian history says, ordinary Russians will be "the ones who shoulder the daily burden."
“Russia, of course, has a very long history of being excluded from the world economy,” said Kristy Ironside, an assistant professor of Russian history at McGill University. Above, Soviet citizens pass by homeless and hunger strikers in Moscow in 1990.
VITALY ARMAND/AFP via Getty Images

What The Fed can learn from the Soviets' tiny, useless nail problem

Nov 12, 2018
How can the lesson of producing too many tiny, useless nails inform the Federal Reserve's decision to control inflation?
BILL GREENBLATT/AFP/Getty Images

The Bolshoi Theater: Promoting Russia's brand

Oct 27, 2016
The Bolshoi Theater has managed to stay vibrant and active through the Russian nation's colorful history.
An interior view shows the Bolshoi Theatre's auditorium in Moscow. 
ALEXANDER NEMENOV/AFP/Getty Images

Answer the red phone!

Aug 30, 2013
In the height of the Cold War, the U.S. and Soviet governments instituted a secure line of communication.

What does Putin want out of Russia?

Mar 8, 2012
Moscow journalist Masha Gessen discusses the reelection of Vladimir Putin and what it means for the people of Russia.

U.S. businesses still profit despite new unrest in Russia

Dec 26, 2011
20 years ago yesterday, the Soviet Union became Russia, and U.S. businesses have been profiting ever since

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Podcast: Extreme weather, much ado about mutton, and more shopping madness

Dec 26, 2011
An increase in extreme weather in 2011 has lead to one of the most expensive years for insurance claims. It's also turning out to be a record year for sheep rustlers on the lamb in the English countryside, where a record number of sheep have gone missing this year. Plus, China and Japan make a currency deal, Detroit girds for possible state takeover, and more top headlines from around the globe on this day after Christmas.

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