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Geopolitics

Coronavirus Covers: How Global Magazines Feature COVID-19

In Hong Kong on Jan. 28
In Hong Kong on Jan. 28
Michaela Kozminova

What Chinese authorities first treated as dozens of cases of unknown pneumonia in the Hubei province, has now become a global health emergency. In about three months, the respiratory novel coronavirus illness called COVID-19 has expanded to nearly all corners of the globe, so far leaving over 100,000 people infected and more than 4,000 dead.

After spreading into Japan and South Korea, the virus has now been confirmed in every European Union member country, with Italy becoming the first country to enforce a nation-wide lockdown as the death count tops 600.

Here's how coronavirus has looked on magazine covers around the world in recent weeks:

CHINA

Caixin


SOUTH KOREA

Magazine Donga


INDIA

The Week


ITALY

Internazionale

Panorama

Famiglia Cristiana


FRANCE

Marianne

Paris Match


GERMANY

Der Spiegel


CZECH REPUBLIC

Reflex

Respekt


POLAND

Polityka


FINLAND

Suomen Kuvalehti


AUSTRIA

Falter


BELGIUM

Knack


UK

The Economist

New Statesman


USA

The New Yorker

Newsweek


CANADA

Maclean's

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Economy

Wealthy Russians Are Back To Buying Real Estate In Europe — Sanctions Be Damned

After the start of the war in Ukraine, Russian oligarchs and other rich individuals turned to the real estate markets in Dubai and Turkey. Now Russian buyers are back in Europe. Three EU countries in particular are attracting buyers for their controversial "golden visa" program.

Photo of a sunset on villas on a hillside in Benahavis, Spain

Villas in Benahavis, Spain, a country that has enticed Russians with a so-called "golden visa" program.

Eduard Steiner

BERLINWestern sanctions imposed after the start of Russia's war against Ukraine have made financial outflows from Russia much more difficult — and paradoxically have also helped to strengthen Russia's economy, as the renowned economist Ruben Enikolopov recently noted in an interview for the online media "The Bell".

So while sanctions have not completely prevented these financial flows, they played a role in changing their direction.

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It was notable in real estate purchases during the first year of the war: as Russian buyers moved away from the previously coveted European market to the United Arab Emirates (UAE), as well as to Turkey or the South Caucasus and even Southeast Asia.

Instead of "Londongrad", where the high- to middle-income earners from Vladimir Putin's empire turned for the previous two decades, people suddenly started talking about "Dubaigrad."

But this trend now seems to have peaked, with unexpected signs that Russians are back on the European real estate market.

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