TIME Magazine content is available exclusively for TIME subscribers.

Current subscribers for full access. Not a TIME subscriber? .

At a Moscow supermarket across from the Kiev railroad station as the New Year opened, shoppers made their way past cheerless holiday decorations toward the display case in the processed-meat department. There they confronted a Muscovite consumer's dream: not sugarplum fairies but kolbasa sausages piled high on chipped metal trays. Yet there was no buying frenzy. The price per kilo was 43.75 rubles, compared with only 2.20 rubles less than a year ago. Grumbled a middle-aged woman overcome by price paralysis: "What a nightmare!"

All across Russia last week, long-suffering consumers came face to face with the free market, as the...

Time.com on Digg

POWERED BY digg

Quotes of the Day »

ADELE, multi Grammy-award winning singer, in an interview given to Vogue before last Sunday's ceremony, on her plans to take a lengthy break. Her last album 21 was inspired by a failed relationship but the Londoner is now "madly in love"
For use in rail of Articles page or Section Fronts pages. Duplicate and change name as necesssary to distinguish.