Russian Retail Is Tanking

Russian Retail Is Tanking

Vacancy rates in shopping malls could rise to nearly 10 percent over the remainder of the year as Russia’s ill-conceived war continues to hit the home front. The market has given way to a long-term malaise that puts Russian consumers in a bind, although many international geopolitical critics will shed no tears.

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Tariff-driven cost inflation is likely here to stay, and now, with an ongoing Iranian war, potentially explosive expense inflation is

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