Word: rublee
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"Down with Gorbachev!" some 10,000 protesters shouted within earshot of the Kremlin. "Down with the KGB!" The demonstrators had gathered to support criminal investigators Telman Gdlyan and Nikolai Ivanov. The two became popular heroes last year after publicly accusing Politburo conservative Yegor Ligachev of corruption; both were elected to...
At first the deal sounds like a bad perestroika joke: How many bottles of Pepsi can a Soviet citizen buy with a merchant ship and a case of vodka? But the barter agreement that PepsiCo and the Soviet Union signed last week is worth a serious $3 billion. In the...
Selecting a spot to pose for the picture you see here, John decided on the entrance to the liberal Moscow News. On the sidewalk he encountered a huckster selling an unofficial broadsheet printed in Minsk. The lead article was titled "Raisa Gorbachev: Who Is She? Translation from TIME Magazine." Says...
By the time all those forces were pushed back or negotiated away, the Soviets' hastily nationalized and collectivized economy was a shambles. By 1920 industrial production had dropped to about 15% of the prewar level; runaway inflation had made the ruble nearly worthless; foreign trade had plummeted to almost zero...
The cold war has been not only a multitrillion-dollar (and ruble) expense but also a grand obsession. It has distorted priorities, distracted attention and preoccupied many of the best and the brightest minds in government, academe and think tanks for nearly two generations. There is a long line of...