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The securities market in Russia began to revive in the first half of 1991 after the Decree of the Council of Ministers of the Russian Soviet Federative Socialist Republic No. 601 of December 25, 1990 "On approval of the Regulations on joint-stock companies" was adopted. However, for a long time the low level of financial and economic savvy of ...
Efforts to build communism in Russia began after the success of the February Revolution in 1917, and ended with the dissolution of the USSR in 1991. The Provisional Government was established under the liberal and social-democratic government; however, the Bolsheviks refused to accept the government and revolted in October 1917 , taking control ...
An important symptom of Russian macroeconomic instability has been severe fluctuations in the exchange rate of the ruble. From July 1992, when the ruble first could be legally exchanged for United States dollars, to October 1995, the rate of exchange between the ruble and the dollar declined from 144 rubles per US$1 to around 5,000 per US$1.
The NEP encountered strong resistance within the Bolshevik party. Lenin had to persuade communist skeptics that "state capitalism" was a necessary step in achieving communism, while he himself harbored suspicions that the policy could be abused by private businessmen ("NEPmen"). [64]
Ukraine bonds have also rallied this week as investors grow hopeful that president-elect Donald Trump might try to broker a deal to end the war. Stocks tied to Russia rally as Trump's win fuels ...
US stocks dropped as investors rushed toward safe-haven assets. Gold rose and yields fell after Vladimir Putin lowered the threshold for using nuclear weapons. Investors are awaiting Nvidia's ...
Russia's GDP by purchasing power parity (PPP) from 1991 to 2019 (in international dollars) Russian male life expectancy from 1980 to 2007. With the dissolution of the Warsaw Pact and COMECON and other treaties that served to bind its satellite states to the Soviet Union, the conversion of the world's largest state-controlled economy into a market-oriented economy would have been ...
The central bank has confirmed that about $300 billion worth of assets have been frozen in the West. ... Putin has accused the West of unleashing an economic war against Russia and has called the ...