Winnipeg Free Press

Winnipeg Free Press (Newspaper) - March 1, 2022, Winnipeg, Manitoba ● WINNIPEGFREEPRESS.COM B7TUESDAY, MARCH 1, 2022 C M Y K PAGE B7 BUSINESS The Opportunity: RETAIL SALES REPRESENTATIVE The Brandon Sun, a daily newspaper in southwestern Manitoba, is accepting applications for a full-time Retail Sales Representative position in our Advertising Department. Our goal is to provide superior value to our readers and advertising clients! We are seeking a high-energy, bright and enthusiastic individual who is comfortable and completely at home in both a traditional sales and digital sales environment. The incumbent will be responsible for selling advertising space to existing and potential advertisers and provide necessary servicing for a full product range of print and digital solutions. Solicit business from potential advertisers through the use of effective sales presentations, strategies and customer demographics. Develop advertising strategies, layouts and ad copy to increase sales to existing accounts and to attract new advertisers. Job Duties: • Maintain and increase advertising revenues for all Brandon Sun products including Print, Online and Special Features. • Provide excellent customer service. Liaise between customer, credit department, and production department and resolve any issues which may arise. • Maintain regular customer contact by personal visits and telephone daily. • Work with creative services department to create and design advertising campaign layouts and strategies. • Prepare sales presentations with research tailored to specific customer target markets. • Service customer accounts, including billing, ad placement, production, quality, etc. • Conduct all transactions in a professional manner, with integrity. • Perform weekly, monthly and yearly account revenue analysis. • Attend client functions as required Qualifications: • Knowledge of digital advertising, including social media an asset. • Excellent oral and written presentation skills • Post Secondary education in Marketing/Sales is an asset or equivalent work experience. • Strong computer skills are essential, along with knowledge of the internet. • The ability to work in a team environment and thrive in a busy, high-energy workplace. • Training will be provided to the right candidate. We thank in advance all applicants for their interest, however only those candidates under consideration will be contacted. Interested applicants may submit their resume to:Resumes@freepress.mb.ca 501 Rosser Avenue | Brandon, Manitoba | R7A 0K4 SPORTS EDITOR The Carillon is looking for a creative journalist to fill the position of Sports Editor. The successful candidate will have experience writing and taking photos for print publications. They will understand strong sports journalism is critical to maintaining award-winning coverage in Southeast Manitoba. The Sports Editor coordinates all sports coverage, taking photographs, writing and planning layout for our weekly newspaper in addition to maintaining social media and our website. This position reports directly to the Editor. DESCRIPTION OF DUTIES: • Implement the Editor’s goals and objectives relating to sports coverage • Accountable for all sports coverage • Must have the ability to meet deadlines • Develop ideas for sports coverage, photographs and graphics in conjunction with the Editor • Maintain contact with the sports community • Must be able to work evenings and weekends • Must be able to travel across Southeast Manitoba to perform duties QUALIFICATIONS: • Post-secondary journalism accreditation or equivalent newspaper experience • Strong background in sports journalism • Proven skills using digital tools to gather news and tell stories in a variety of formats for different platforms • A team player who also works well independently • Experience in community newspapers or other print journalism • Superior knowledge of the sports field • Good management, interpersonal, motivational and communication skills • Able to work under deadline pressure • Must project a professional public image on behalf of the newspaper The Carillon offers a competitive compensation and benefits package. If you are searching for a challenging, exciting career opportunity that allows you to be immersed in sports in Southeast Manitoba, and want to join an award-winning news operation, look no further! We invite you to submit your resume to the attention of Greg Vandermeulen, Editor at editor@thecarillon.com by March 17, 2022. We thank all applicants for applying, however only candidates under consideration will be contacted. Help take kids off our waitlist. Donate today at varietymanitoba.com JOIN ROTARY AND MAKE A DIFFERENCE WHAT DO WINNIPEG ROTARIANS DO? WE SERVE ABOVE SELF WE BUILD COMMUNITIES WE BUILD PEACE WE BUILD MINDS WE PREVENT DISEASE WE BRIDGE CONTINENTS WE BRING HOPE rotary5550.org/clubsmap/ Rotary.org join us now formerly the Society for Manitobans with Disabilities manitobapossible.ca Careers M OSCOW — Ordinary Russiansfaced the prospect of higherprices and crimped foreign travel as Western sanctions over the in- vasion of Ukraine sent the ruble plum- meting, leading uneasy depositors to line up at banks and ATMs on Monday in a country that has seen more than one currency disaster in the post-Soviet era. The Russian currency plunged about 30 per cent against the U.S. dollar after Western nations announced unpreced- ented moves to block some Russian banks from the SWIFT international payment system and to restrict Rus- sia’s use of its massive foreign currency reserves. The exchange rate later re- covered ground after swift action by Russia’s central bank. But the economic squeeze got tighter when the U.S. fleshed out the sanctions to immobilize any assets of the Russian central bank in theUnited States or held by Americans. The Biden administra- tion estimated that the move could im- pact “hundreds of billions of dollars” of Russian funding. U.S. officials said Germany, France, the United Kingdom, Italy, Japan, Euro- pean Union and others will join in tar- geting the Russian central bank. “We are in uncharted territory of throwing all these nuclear options of sanctions at Russia at the same time over the weekend,” said Elina Riba- kova, deputy chief economist at the Institute of International Finance, a banking trade group. “Throwing them all together at once like this will have a very significant effect.” Russians wary that sanctions would deal a crippling blow to the economy have been flocking to banks and ATMs for days, with reports on social media of long lines and machines running out. People in some central European coun- tries also rushed to pull money from subsidiaries of Russia’s state-owned Sberbank after the Russian parent bank was hit with international sanctions. Moscow’s department of public trans- port warned city residents over the weekend that they might experience problems with using Apple Pay, Google Pay and Samsung Pay to pay fares be- cause VTB, another Russian bank fa- cing sanctions, handles card payments in Moscow’s metro, buses and trams. Entrepreneur Vladimir Vyaselov found that flights were blocked for his overseas trip on a student visa. He was considering driving to another country and flying from there. “I have been in disagreement with the decisions of all the authorities for a very long time and that is why I store all my money only in currencies, and I am skeptical towards Sberbank, VTB, to national banks in general,” he said. “I can’t say I was ready (for sanctions) but I was as ready as possible being a citizen of the Russian Federation.” A sharp devaluation of the ruble would mean a drop in the standard of living for the average Russian, econo- mists and analysts said. Russians are still reliant on a multitude of imported goods, and the prices for those items are likely to skyrocket, such as iPhones and PlayStations. Foreign travel would become more expensive as their rubles buy less currency abroad. And deeper economic turmoil will come in the com- ing weeks if price shocks and supply chain issues cause Russian factories to shut down due to lower demand. “It’s going to ripple through their economy really fast,” said David Feld- man, an economics professor atWilliam & Mary in Virginia. “Anything that is imported is going to see the local cost in currency surge. The only way to stop it will be heavy subsidization.” Russia has moved to produce many goods domestically, including most of its food, to shield the economy from sanctions, said Tyler Kustra, an as- sistant professor of politics and inter- national relations at the University of Nottingham. He expected some fruits, for example, that can’t be grown in Russia “are going to be suddenly much more expensive.” Electronics will be a pain point, with computers and cellphones needing to be imported and the cost going up, said Kustra, who studies economic sanc- tions. Even foreign services like Netflix might cost more, though such a com- pany could lower its prices. The auto sector, a major employer, “are being hit very quickly with the ban on the import of microchips and other parts, said Chris Weafer, chief execu- tive of Macro-Advisory, a Eurasia stra- tegic advisory company. As long as even a few Russian banks were spared from the SWIFT cutoff, he said, Russia would still be able to keep exporting, show modest growth this year and earn enough to subsidize or bail out big companies or employers. “So it really does critically depend on whether SWIFT remains open or whether that last channel is closed,” Weafer said. After the West sanctioned Russia for seizing Ukraine’s Crimea peninsula in 2014, Russia’s central bank cleaned up weak banks and prepared for a possible worsening of penalties. “So there’s not need to fear any kind of immediate crisis or collapse” this year, he said. “It’s clearly only if these sanctions get tighter and extend over several years, the situation would clear- ly deteriorate over that period.” The ruble slide conjured ugly mem- ories of previous crises. The currency lost much of its value in the early 1990s after the end of the Soviet Union, with inflation and loss of value leading the government to lop three zeros off ruble notes in 1997. Then came a further drop after a 1998 financial crisis in which many depositors lost savings and yet another plunge in 2014 due to falling oil prices and Crimea sanctions. On Monday, Russia’s central bank sharply raised its key interest rate to 20 per cent from 9.5 per cent in a desper- ate attempt to shore up the ruble and prevent a run on banks. It also said the Moscow stock exchange would remain closed. European officials said at least half of Russia’s estimated US$640 billion hard currency pile, some of which is held outside Russia, would be paralyzed. That dramatically raised pressure on the Russian currency by undermining financial authorities’ ability to support it by using reserves to purchase rubles. Kremlin spokesman Dmitry Peskov described the sanctions as “heavy,” but argued that “Russia has the necessary potential to compensate the damage.” The steps taken to support the ruble are themselves painful because raising interest rates can hold back growth by making it more expensive for compan- ies to get credit. Russians who have borrowed money, such as homeowners withmortgages or business owners who have taken out loans, also could get hit by doubled interest rates, experts said. The ruble sank about 30 per cent against the U.S. dollar early Monday but steadied after the central bank’s move. Earlier, it traded at a record low of 105.27 per dollar, down from about 84 per dollar late Friday, before recover- ing to 94.60. —The Associated Press VLADIMIR ISACHENKOV, DAVIDMCHUGH ANDDARIA LITVINOVA DMITRI LOVETSKY / THE ASSOCIATED PRESS FILES People stand in line to withdraw U.S. dollars and euros from an ATM in St. Petersburg, Russia, Friday. Ruble plummets as sanctions bite, sending Russians to banks, ATMs B_07_Mar-01-22_FP_01.indd 7 2022-02-28 8:47 PM ;