June 22, 2021

The Mai Tais Are Worth It


The Mai Tais Are Worth It
Ah, nothing like the brisk Baltic coast in July. Strandkorbs at Ahlbeck Beach, Wikimedia Commons

Who doesn't have wanderlust induced by COVID restrictions? We sure do, and apparently lots of Russians do, too; so much that they're taking on debt for a chance to slip away for a while.

According to a recent report in Izvestia, a record number of Russians have itchy feet thanks to being locked inside for so long. Lack of international travel isn't discouraging them, and this, coupled with what for many have been unemployed months, has led to skyrocketing demands for "vacation loans."

A surge in loans has occurred this spring – in some locales, up 160 percent from last year – and it's estimated that a quarter of borrowers plan to use the cash to relax. While the wave is a common phenomenon, this year's run is one of the largest in memory, with amounts averaging between R700,000 and R800,000 (about $9,500-11,000). That is over 40 percent higher than in previous years, with dubious repayability.

But in the end, isn't the R&R worth it? We can't say we blame them for wanting to escape for a while. Just watch out for bears.

You Might Also Like

New Economic Policy
  • March 01, 2021

New Economic Policy

In the Soviet era, NEP had always been regarded as a strange, only vaguely understood, and not very sensible chapter in Soviet history: a pause between the heroic Civil War and the no less heroic Five-Year Plans.
Smells Like Money
  • April 09, 2021

Smells Like Money

Soon American coins won't be the only "scents" that are exchanged inside Sberbank's buildings, as Russia's national bank plans to introduce its own perfume. 
Heavily Taxed
  • March 30, 2021

Heavily Taxed

While some countries are considering doing away with coin money, this Russian citizen is still making the most out of their rubles and kopeks. 
Like this post? Get a weekly email digest + member-only deals

Some of our Books

Davai! The Russians and Their Vodka
November 01, 2012

Davai! The Russians and Their Vodka

In this comprehensive, quixotic and addictive book, Edwin Trommelen explores all facets of the Russian obsession with vodka. Peering chiefly through the lenses of history and literature, Trommelen offers up an appropriately complex, rich and bittersweet portrait, based on great respect for Russian culture.

Little Golden Calf
February 01, 2010

Little Golden Calf

Our edition of The Little Golden Calf, one of the greatest Russian satires ever, is the first new translation of this classic novel in nearly fifty years. It is also the first unabridged, uncensored English translation ever, and is 100% true to the original 1931 serial publication in the Russian journal 30 Dnei. Anne O. Fisher’s translation is copiously annotated, and includes an introduction by Alexandra Ilf, the daughter of one of the book’s two co-authors.

Bears in the Caviar
May 01, 2015

Bears in the Caviar

Bears in the Caviar is a hilarious and insightful memoir by a diplomat who was “present at the creation” of US-Soviet relations. Charles Thayer headed off to Russia in 1933, calculating that if he could just learn Russian and be on the spot when the US and USSR established relations, he could make himself indispensable and start a career in the foreign service. Remarkably, he pulled it of.

Driving Down Russia's Spine
June 01, 2016

Driving Down Russia's Spine

The story of the epic Spine of Russia trip, intertwining fascinating subject profiles with digressions into historical and cultural themes relevant to understanding modern Russia. 

Woe From Wit (bilingual)
June 20, 2017

Woe From Wit (bilingual)

One of the most famous works of Russian literature, the four-act comedy in verse Woe from Wit skewers staid, nineteenth century Russian society, and it positively teems with “winged phrases” that are essential colloquialisms for students of Russian and Russian culture.

Faith & Humor
December 01, 2011

Faith & Humor

A book that dares to explore the humanity of priests and pilgrims, saints and sinners, Faith & Humor has been both a runaway bestseller in Russia and the focus of heated controversy – as often happens when a thoughtful writer takes on sacred cows. The stories, aphorisms, anecdotes, dialogues and adventures in this volume comprise an encyclopedia of modern Russian Orthodoxy, and thereby of Russian life.

Murder and the Muse
December 12, 2016

Murder and the Muse

KGB Chief Andropov has tapped Matyushkin to solve a brazen jewel heist from Picasso’s wife at the posh Metropole Hotel. But when the case bleeds over into murder, machinations, and international intrigue, not everyone is eager to see where the clues might lead.

The Samovar Murders
November 01, 2019

The Samovar Murders

The murder of a poet is always more than a murder. When a famous writer is brutally stabbed on the campus of Moscow’s Lumumba University, the son of a recently deposed African president confesses, and the case assumes political implications that no one wants any part of.

About Us

Russian Life is a publication of a 30-year-young, award-winning publishing house that creates a bimonthly magazine, books, maps, and other products for Russophiles the world over.

Latest Posts

Our Contacts

Russian Life
73 Main Street, Suite 402
Montpelier VT 05602

802-223-4955