Along with shoppers in many countries, consumers in Kazakhstan – the largest economy in Central Asia – abruptly shifted online during the COVID-19 pandemic as social-distancing restrictions limited options for physical shopping.
Bestowing high praise on historians and biographers, British author Oscar Wilde said: “Anybody can make history. Only a great man can write it.” And renowned American science fiction writer Robert Heinlein once said: “A generation which ignores history has no past – and no future”.
With well-educated populations, sophisticated infrastructure but relatively low costs, eastern European countries, including Russia, are fertile grounds for start-ups and naturally are turning their attention to Hong Kong.
As fintech transforms financial transactions both within and between economies, and cryptocurrencies such as Bitcoin and Facebook’s Diem, central bankers are looking at offering digital versions of their traditional units.
Demand for smart televisions and related devices continues to surge across Russia, a development spurred both by a growing preference for online‑sourced news and entertainment as well as the country’s stay‑at‑home‑related COVID-19 containment policies.
As of 1 July this year, all digital devices offered for sale in Russia – including smartphones, tablets, personal computers (PCs), laptops and smart TVs – will have to come with various items of designated domestic software pre-installed.