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a 71 percent drop in the ruble against the dollar

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  • Foreign trade of the Soviet Union — Soviet foreign trade played only a minor role in the Soviet economy. In 1985, for example, exports and imports each accounted for only 4 percent of the Soviet gross national product. The Soviet Union maintained this low level because it could… …   Wikipedia

  • Lithuania — Lithuanic /lith ooh an ik/, adj., n. /lith ooh ay nee euh/, n. a republic in N Europe, on the Baltic: an independent state 1918 40; annexed by the Soviet Union 1940; regained independence 1991. 3,635,932; 25,174 sq. mi. (65,200 sq. km). Cap.:… …   Universalium

  • 1998 Russian financial crisis — The Russian financial crisis (also called Ruble crisis ) hit Russia on 17 August 1998. It was exacerbated by the Asian financial crisis, which started in July 1997. Given the ensuing decline in world commodity prices, countries heavily dependent… …   Wikipedia

  • Russia — /rush euh/, n. 1. Also called Russian Empire. Russian, Rossiya. a former empire in E Europe and N and W Asia: overthrown by the Russian Revolution 1917. Cap.: St. Petersburg (1703 1917). 2. See Union of Soviet Socialist Republics. 3. See Russian… …   Universalium

  • United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …   Universalium

  • Business and Industry Review — ▪ 1999 Introduction Overview        Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… …   Universalium

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

  • Belarus — /byel euh roohs , bel /, n. official name of Byelorussia. * * * Belarus Introduction Belarus Background: After seven decades as a constituent republic of the USSR, Belarus attained its independence in 1991. It has retained closer political and… …   Universalium

  • Georgia — /jawr jeuh/, n. 1. a state in the SE United States. 5,464,265; 58,876 sq. mi. (152,489 sq. km). Cap.: Atlanta. Abbr.: GA (for use with zip code), Ga. 2. Also called Georgian Republic. a republic in Transcaucasia, bordering on the Black Sea, N of… …   Universalium

  • Armenia — /ahr mee nee euh, meen yeuh/; for 3 also Sp. /ahrdd me nyah/, n. 1. an ancient country in W Asia: now divided between Armenia, Turkey, and Iran. 2. Also called, Armenian Republic. a republic in Transcaucasia, S of Georgia and W of Azerbaijan.… …   Universalium

  • European Union — 1. an association of European nations formed in 1993 for the purpose of achieving political and economic integration. Formerly known as the European Economic Community, the European Union s member states are Austria, Belgium, Denmark, Finland,… …   Universalium

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