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To Fight Currency Mismatches, Steam Adding Region Locking to PC Games
will_die writes Because of recent currency devaluation Steam has now added region locking for games sold in Russia and CIS. Brazil and local area and Indonesia and local area are also being locked. If you purchase a game from one of those regions you cannot gift it to somone outside of the area. So someone from Russia can gift a game to someone to Georgia [Note: This Georgia, rather than this one, that is.] but not to someone in the USA. You want to see the prices in the Russia store and compare them to the Steam Christmas Sale which should be starting in a few hours.
Let's say the game costs 10 times less in Russia. You ask Russian friend to buy it for you but you send him twice the amount required. That means you both got the game for 1/5th of the U.S.A. price. The game creators and Steam lose.
Let's say Steam increases the price in Russia so that it matches the U.S. dollar value. Your Russian friend can no longer afford games. Your friend, the game creators and Steam lose.
Get free satoshi (Bitcoin) and Dogecoins
Politically speaking, Russia's currency lost value because they invaded a nearby nation and they are under sanctions.
That was more like the catalyst. The real blow came from the ~50% decline in oil prices since the beginning of the year. The Russian economy is 40%+ oil and gas and their export economy is almost entirely based on exports of same. The decline in oil prices did far more damage than sanctions or political talk alone could ever hope to.
Had this happened 5 years ago, it's likely ISIS wouldn't have happened, but sadly they can survive now without Iranian funding.
Oh, dear, you were doing so well with your amateur economics lesson, then you stray into international affairs and fuck up bad.
Iran has never funded, and could never conceivably fund, ISIS.
ISIS is a bunch of Sunni islamic loons. Iran is a bunch of Shia islamic loons. ISIS kill Shia more or less on sight.
Iran is an ally of ISIS's enemies, Iraq and Syria. Iran is currently bombing ISIS.
If ISIS received outside funding it came from the Gulf, possibly including Saudi Arabia.
Watch this Heartland Institute video