VOICED : A tough Christmas in Russia as currency slumps

The video discusses the economic challenges faced by ordinary Russians due to the ruble's devaluation in 2014. The currency's slump, driven by falling oil prices and Western sanctions, has led to increased prices for imported goods and affected the tourism sector. Many Russians are opting for domestic travel destinations where they can pay in rubles. The crisis has also spurred a surge in demand for household and electronic goods, as people seek to invest in items that may increase in value. Some foreign brands, like Apple, have responded to the currency volatility by raising prices or suspending sales.

What was one of the main reasons for the ruble's devaluation in 2014?

• Increase in global oil prices

• Western sanctions over Ukraine

• Rise in domestic production

• Decrease in foreign investments

How have ordinary Russians adjusted their shopping habits due to increased prices?

• They only shop during sales or look for discounts

• They have increased their savings

• They have stopped buying imported goods

• They have started buying more luxury items

What change have Russian tourists made due to increased travel costs?

• They are choosing destinations where they can pay in rubles

• They are traveling more frequently

• They are traveling more to Europe

• They are booking more expensive hotels

What has been the impact of the currency crisis on household and electronic goods?

• There is a boom in sales as people invest in these goods

• Prices have decreased significantly

• Stores have an abundance of stock

• Foreign brands are offering discounts

How did Apple respond to the currency volatility in Russia?

• By opening more stores in Russia

• By launching new products

• By reducing prices by 20%

• By increasing prices by 20% and suspending online sales