Apple Temporarily Closes Business in Russia As Ruble Plummets 19% [Bloomberg] If you happen to be running a business, **w is **t a good time to open a shop in Russia. Because of the ruble’s extreme fluctuations, Apple itself has closed down its online store in the country and is **w assessing the situation to see how and when it can reopen sales without losing too much money.
Apple halting its sales in Russia is an indirect message that the US doesn’t trust the country to be a good Business partner. The ruble’s value surpassed a ratio of 80:1 (compared to the US dollar... (read more)