ohsoromanov: Russia’s decade after the colla…

ohsoromanov:

Russia’s decade after the collapse of the Soviet Union

In 1991, Boris Yeltsin stood atop a tank in front of the parliament building in Moscow and called on the people to resist the communist hardliners in the August coup.

Several months later, at the end of the year, Soviet leader Mikhail Gorbachev resigned, leaving Yeltsin as the president of Russia.

Fast forward to December 31, 1999: Yeltsin grabbed the world by surprise once again when he resigned during a live televised address.

In between those shock events, Russia went through an enormous economic, social, and political transition as the state tried to adjust to the global economy following the dissolution of the USSR. During that tumultuous decade, Russia was also involved in two Chechen Wars and was slammed by a financial crisis in 1998.

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