When the world gets closer.

We help you see farther.

Sign up to our expressly international daily newsletter.

Costa Cruises is adding two ships to its fleet, with departures from Shanghai and Singapore
Costa Cruises is adding two ships to its fleet, with departures from Shanghai and Singapore
Fabio Pozzo

GENOA - How do you bring the Dolce Vita Italian lifestyle to the Chinese without actually landing in China? Well, the Costa Cruises company will be offering all the top Made-in-Italy food, fashion and style with a new around-the-world “Italian” cruise geared to a Chinese public.

The Italian cruise line opened its doors to the Asian market in 2006 with the launch of the Costa Allegra ship. This year, they’re adding two more ships -- the Costa Victoria and the Costa Atlantica, with departures from Shanghai and Singapore. They’re also placing a huge bet by featuring the first around-the-world cruise intended for Chinese only.

Keep reading...Show less
You've reached your monthly limit of free articles.
To read the full article, please subscribe.
Get unlimited access. Support Worldcrunch's unique mission:
  • Exclusive coverage from the world's top sources, in English for the first time.
  • Stories from the best international journalists.
  • Insights from the widest range of perspectives, languages and countries
Already a subscriber? Log in

When the world gets closer, we help you see farther

Sign up to our expressly international daily newsletter!
Economy

How Much Longer Can The Russian Economy Survive Sanctions?

The head of the Kremlin boasted at the recent forum in St. Petersburg International Economic Forum about Russia’s economic resilience against Western sanctions. But behind the scenes, Russian business leaders tell a different story.

At a Veshki distribution center for the food retailer VkusVill, a chain of online Russian grocery stores.

Benjamin Quénelle

-Analysis-

MOSCOW — "The most effective sanction to weaken the Kremlin? Not to target us and punish us, but to give us visas instead ... to abandon the sinking the ship!" This businessman's iconoclastic perspective embodies the anxiety one could detect percolating just below the surface at the "Russian Davos" Forum in St. Petersburg last week.

Stay up-to-date with the latest on the Russia-Ukraine war, with our exclusive international coverage.

Sign up to our free daily newsletter.

Officially called the "International" Economic Forum, the annual event organized by Vladimir Putin is meant to attract foreign investors — but this year, the elite of the national business community were cut off from the rest of the world. "Just among Russians... And forced to line up behind the regime and its economic strategies that lead us to a dead end," says the same source, a Russian manager in one of the main state-owned companies.

Like so many others, this man in his 40s, a typical representative of the new upper middle class, with a foreign passport in hand, educated in the West, liberal and multilingual, discovered his name on the lists of Western sanctions. Directly or indirectly, a large part of the Russian business world has been caught up in the European and U.S. sanctions against Moscow.

Keep reading...Show less

When the world gets closer, we help you see farther

Sign up to our expressly international daily newsletter!
You've reached your monthly limit of free articles.
To read the full article, please subscribe.
Get unlimited access. Support Worldcrunch's unique mission:
  • Exclusive coverage from the world's top sources, in English for the first time.
  • Stories from the best international journalists.
  • Insights from the widest range of perspectives, languages and countries
Already a subscriber? Log in
THE LATEST
FOCUS
TRENDING TOPICS

Central to the tragic absurdity of this war is the question of language. Vladimir Putin has repeated that protecting ethnic Russians and the Russian-speaking populations of Ukraine was a driving motivation for his invasion.

Yet one month on, a quick look at the map shows that many of the worst-hit cities are those where Russian is the predominant language: Kharkiv, Odesa, Kherson.

Watch VideoShow less
MOST READ