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Weakening Ruble Likely to Render Dozens of Industries Unprofitable
Imports account for over 15% of about a quarter of Russian manufacturing industries’ expenditures. With the ruble weakening in value, manufacturers’ expenses on raw materials and components they have to purchase from abroad will rise, which will likely bring their profits to zero. According to projections by the HSE Centre of Development Institute, 64% of import-dependent industries run the risk of becoming unprofitable if the exchange rate reaches 80 rubles to the dollar.

'Our Work Will Be Useful in the Search for Earth Twins’
Why is space so fascinating? Who is hindered by the Earth's geocorona? What personal qualities are essential for a research physicist, and how will academic careers regain their prestige? These were the questions that came up in HSE News Service’s interview of Igor Balyukin, a Senior Lecturer of the HSE Faculty of Physics and the winner of the 'Best Work Performed by Young Scientists' nomination category of the RAS Space Research Institute competition.