The Japanese yen and the British pound have weakened in the last couple of months, making other countries fear the onset of “currency wars.” Meanwhile, depreciation of the yen and pound strengthens the euro, which is so disadvantageous for the European count...

The Czech Energy Company (CEZ) has filed a complaint to the European Commission against the Bulgarian government, arguing that the Bulgarian actions to revoke the company’s license is in violation of both Bulgarian and European laws.

The tourism market in Asia and Russia has quickly overcome the crisis and is beginning to grow rapidly. The center of tourism is shifting little by little from the West to the East, to countries such as Russia, China, and India, which are also becoming more attractive t...

With a gold sign on the outside and the signature green colors of Sberbank on the inside, the newly opened branch of the bank clearly stands out among its competitors. But the attention-getting color scheme isn’t the only indicator of importance of a Sberbank bran...

European real-estate investors are becoming disillusioned with safe assets. With fears regarding economic stability in the Eurozone weakening, they have started turning to more risky and more profitable properties. This tendency is reflected in growing attention to &ldq...;

The demand for broadband Internet access is growing worldwide at a furious pace. However, broadband penetration in developing countries lags behind developed ones. Experts attribute this to weak infrastructure and the high cost of landlines. But without broadband develo...

For a long time now, Champagne has been fighting the whole world in an attempt to defend its name: The ultimate goal is to get at the truth. Soon no one except for original French producers will be authorized to use the name “Champagne.” For the last seven y...

The unprecedentedly loose monetary policies of central banks around the world are beginning to produce unpleasant side effects on some real estate markets. China and its immediate neighbors, for which fighting economic overheating has become routine, aren’t the on...

The global slowdown of foreign direct investments (FDI) last year affected most of the major economies, including the traditional centers of capital attraction. Among those who managed to stay in the black were primary commodities suppliers and the Asian “heirs&rd...;

Last year, the ATH company closed a deal to acquire the Russian subsidiary of American Express Business Travel, thus becoming one of the largest operators of business tourism in Russia. WEJ met with the owner of ATH, Andrei Voronin, to discuss the prospects of the indus...