Russias Economic Crisis
A detailed Summary of Russias Economic Crisis
In November of 1997 markets fall worldwide,
marking the beginning of the worldwide economic recession.
On March 23, 1998 Yeltsin sacked his Prime Minister Viktor
Chernomyrdin and replaced him with not so well known
Kiriyenko, the energy minister to Viktor Chernomyrdin. May
12, 1998 coal workers strike over unpaid wages. They block
the Trans-Siberian railway. This turns foreign investors
off. Stock prices fall in the same month after the passing
of a law calling for the removal of all foreign investment
in Russia's largest energy company. The IMF pulls back
Some common words found in the essay are:
Yeltsin Duma, Viktor Chernomyrdin, Hong Kong, Middle East, , Russian American, Minister Yeltsin's, Russia Bibliography, Yevgeny Primakov, markets countries, minister viktor, viktor chernomyrdin, world markets, markets fall, minister viktor chernomyrdin, prime minister, Prime Minister,
Approximate Word count = 411
Approximate Pages = 2 (250 words per page double spaced)
Category: History
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