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Russian Oligarchs
Russian oligarchs () are business oligarchs of the former Soviet republics who rapidly accumulated wealth in the 1990s via the Russian privatisation that followed the dissolution of the Soviet Union. The failing Soviet state left the ownership of state assets contested, which allowed for informal deals with former USSR officials as a means to acquire state property. The Russian oligarchs emerged as business entrepreneurs under Mikhail Gorbachev (General Secretary, 1985–1991) using various loopholes during economic liberalization under Gorbachev's perestroika. Boris Berezovsky, a mathematician and former researcher, became the first well-known Russian business oligarch. Oligarchs became increasingly influential in Russian politics during Boris Yeltsin's presidency (1991–1999), a period often dubbed as ''the wild nineties''; they helped finance his re-election in 1996. Well-connected oligarchs like Roman Abramovich, Michail Khodorkovsky, Boris Berezovsky and Vladimir ...
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Roman Abramovich
Roman Arkadyevich Abramovich (born 24 October 1966) is a business oligarch and politician. He is the former owner of Chelsea F.C., Chelsea, a Premier League football club in London, England, and is the primary owner of the private investment company Millhouse LLC, Millhouse. He has Russian, Portuguese and Israeli citizenship. He was formerly Governor of Chukotka Autonomous Okrug from 2000 to 2008. According to ''Forbes (magazine), Forbes'', Abramovich's net worth was 14.5 billion in 2021, making him the List of Israelis by net worth, second-richest person in Israel, Since then, his wealth decreased to $6.9 billion (in 2022) before rising again to $9.2 billion in 2023. Abramovich enriched himself in the years following the collapse of the Soviet Union in the 1990s, obtaining Russian state-owned assets at prices far below market value in Russia's controversial Loans for shares scheme, loans-for-shares privatization program. Abramovich is considered to have a good relationship ...
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Mikhail Gorbachev
Mikhail Sergeyevich Gorbachev (2 March 1931 – 30 August 2022) was a Soviet and Russian politician who served as the last leader of the Soviet Union from 1985 to dissolution of the Soviet Union, the country's dissolution in 1991. He served as General Secretary of the Communist Party of the Soviet Union from 1985 and additionally as head of state beginning in 1988, as Chairman of the Presidium of the Supreme Soviet from 1988 to 1989, Chairman of the Supreme Soviet from 1989 to 1990 and the president of the Soviet Union from 1990 to 1991. Ideologically, Gorbachev initially adhered to Marxism–Leninism but moved towards social democracy by the early 1990s. Gorbachev was born in Privolnoye, Stavropol Krai, Privolnoye, North Caucasus Krai, to a poor peasant family of Russian and Ukrainian heritage. Growing up under the rule of Joseph Stalin, in his youth he operated combine harvesters on a Collective farming, collective farm before joining the Communist Party of the Soviet Union, ...
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Russian Soviet Federative Socialist Republic
The Russian Soviet Federative Socialist Republic (Russian SFSR or RSFSR), previously known as the Russian Socialist Federative Soviet Republic and the Russian Soviet Republic, and unofficially as Soviet Russia,Declaration of Rights of the laboring and exploited people, article I. was a socialist state from 1917 to 1922, and afterwards the largest and most populous Republics of the Soviet Union, constituent republic of the Soviet Union (USSR) from 1922 to 1991, until becoming a Declaration of State Sovereignty of the Russian SFSR, sovereign part of the Soviet Union with priority of Russian laws over Union-level legislation in 1990 and 1991, the last two years of the existence of the USSR.The Free Dictionary Russian Soviet Federated Socialist Republic< ...
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Russian Invasion Of Ukraine
On 24 February 2022, , starting the largest and deadliest war in Europe since World War II, in a major escalation of the Russo-Ukrainian War, conflict between the two countries which began in 2014. The fighting has caused hundreds of thousands of Casualties of the Russo-Ukrainian War, military casualties and tens of thousands of Ukrainian Attacks on civilians in the Russian invasion of Ukraine, civilian casualties. As of 2025, Russian troops Russian-occupied territories of Ukraine, occupy about 20% of Ukraine. From a population of 41 million, about 8 million Ukrainians had been internally displaced and more than 8.2 million Ukrainian refugee crisis, had fled the country by April 2023, creating Europe's List of largest refugee crises, largest refugee crisis since World War II. In late 2021, Russia Prelude to the Russian invasion of Ukraine, massed troops near Ukraine's borders and December 2021 Russian ultimatum to NATO, issued demands to the Western world, West i ...
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Countering America's Adversaries Through Sanctions Act
The Countering America's Adversaries Through Sanctions Act (CAATSA) is a United States federal law that imposed sanctions on Iran, North Korea, and Russia. The bill was passed by the Senate on July 27, 2017, 98–2, after it passed the House 419–3. It was signed into law on August 2, 2017, by President Donald Trump, who nevertheless believed that the legislation was "seriously flawed". Legislative history On 15 June 2017, the United States Senate voted 98 to 2 for the bill (an amendment to the underlying Iran sanctions bill), which was rooted in a bill introduced in January that year by a bipartisan group of senators over Russia's continued involvement in the wars in Ukraine and Syria and its interference in the 2016 U.S. presidential election; with regard to Russia, the bill was designed to expand the punitive measures previously imposed by executive orders and convert them into law. The bill in the Senate incorporated the provisions of the ''Countering Russian Influence in ...
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Yale University Press
Yale University Press is the university press of Yale University. It was founded in 1908 by George Parmly Day and Clarence Day, grandsons of Benjamin Day, and became a department of Yale University in 1961, but it remains financially and operationally autonomous. , Yale University Press publishes approximately 300 new hardcover A hardcover, hard cover, or hardback (also known as hardbound, and sometimes as casebound (At p. 247.)) book is one bookbinding, bound with rigid protective covers (typically of binder's board or heavy paperboard covered with buckram or other clo ... and 150 new paperback books annually and has a backlist of about 5,000 books in print. Its books have won five National Book Awards, two National Book Critics Circle Awards and eight Pulitzer Prizes. The press maintains offices in New Haven, Connecticut and London, England. Yale is the only American university press with a full-scale publishing operation in Europe. It was a co-founder of the dist ...
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Stock Control
Inventory control or stock control is the process of managing stock held within a warehouse, store or other storage location, including auditing actions concerned with "checking a shop's stock". These processes ensure that the right amount of supply is available within a business. However, a more focused definition takes into account the more science-based, methodical practice of not only verifying a business's inventory but also maximising the amount of profit from the least amount of inventory investment without affecting customer satisfaction. Other facets of inventory control include forecasting future demand, supply chain management, production control, financial flexibility, purchasing data, loss prevention and turnover, and customer satisfaction. An extension of inventory control is the inventory control system. This may come in the form of a technological system and its programmed software used for managing various aspects of inventory problems, or it may refer to a metho ...
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Loans For Shares Scheme
Beginning in 1995, Boris Yeltsin's government began privatizing state-owned shares in companies through a loans for shares scheme. The scheme helped with "fundraising" for Yeltsin's 1996 reelection campaign and restructuring freshly-sold companies at the same time (in order to outweigh communist sympathizers as one source speculated). Russian bankers constituted the majority of those who have provided the funds (see ). The rest included such entities as Stolichny bank () and World Bank (who made a loan for a small percentage of the Sibneft oil company) and even some targeted investments from USAID in assistance to Chubais, according to Richard Morningstar, a U.S. aid coordinator for the former Soviet Union. The scheme was primarily overseen by Anatoly Chubais who was linked to USAID program managed by head of the Harvard Institute for International Development (HIID) at the time. The scheme implementation ultimately resulted in the emergence of an influential class of ente ...
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Michail Khodorkovsky
Mikhail Borisovich Khodorkovsky (, ; born 26 June 1963), sometimes known by his initials MBK, is an exiled Russian businessman, oligarch, and opposition activist, now residing in London. In 2003, Khodorkovsky was believed to be the wealthiest man in Russia, with a fortune estimated to be worth $15billion, and was ranked 16th on ''Forbes'' list of billionaires. He had worked his way up the Komsomol apparatus, during the Soviet years, and started several businesses during the period of ''glasnost'' and ''perestroika'' in the late 1980s. In 1989, he became Chairman of the Board of Bank Menatep, which he founded. After the dissolution of the Soviet Union, in the mid-1990s, he accumulated considerable wealth by obtaining control of a number of Siberian oil fields unified under the name Yukos, one of the major companies to emerge from the privatization of state assets during the 1990s (a scheme known as " Loans for Shares"). In 2001, Khodorkovsky founded Open Russia, a reform- ...
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1996 Russian Presidential Election
Presidential elections were held in Russia on 16 June 1996, with a second round being held on 3 July 1996. It resulted in a victory for the incumbent Russian president Boris Yeltsin, who ran as an independent politician. Yeltsin defeated the Communist Party of the Russian Federation challenger Gennady Zyuganov in the second round, receiving 54.4% of the vote. Yeltsin's second inauguration ceremony took place on 9 August 1996. Yeltsin would not complete the second term for which he was elected, as he resigned on 31 December 1999, eight months before the scheduled end of his term on 9 August 2000; he was succeeded by his chosen successor, Vladimir Putin, whom he had appointed prime minister of Russia a few months earlier. This was the first presidential election to take place in post-Soviet Russia. As of 2024, this has also been the only Russian presidential election in which no candidate was able to win on the first round, and as such a runoff election was necessary. Although mo ...
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The Wild Nineties
‘The wild nineties’ (Russian: Лихие девяностые, ''Likhiye devyanostyye'') is a term with a negative evaluative connotation, characterising the period of the Transition period (Soviet Union), transition period after the collapse of the Soviet Union and Russian Federation, Russian Federation's formation in the 1990s, with social instability and crime rate growth inherent in the change of state political system. The term could refer not only to the formation of the Russian Federation, but also to other post-Soviet countries, a time when everything was changing rapidly after the fall of communism. Usage The term "wild nineties" was likely coined by writer Mikhail Veller, who used the expression in his 2002 novel ''Cassandra''. But its widespread use began earlier in the 1990s through Russian media, films, and literature that depicted the decade’s chaos, criminality, and ''bespredel'' (a term for lawless excess). Key events of the period include the August Coup, ...
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Boris Yeltsin
Boris Nikolayevich Yeltsin (1 February 1931 – 23 April 2007) was a Soviet and Russian politician and statesman who served as President of Russia from 1991 to 1999. He was a member of the Communist Party of the Soviet Union (CPSU) from 1961 to 1990. He later stood as a Independent politician, political independent, during which time he was viewed as being ideologically aligned with Liberalism in Russia, liberalism. Yeltsin was born in Butka, Russia, Butka, Ural Oblast (1923–1934), Ural Oblast. He would grow up in Kazan and Berezniki. He worked in construction after studying at the Ural State Technical University. After joining the Communist Party, he rose through its ranks, and in 1976, he became First Secretary of the party's Sverdlovsk Oblast committee. Yeltsin was initially a supporter of the ''perestroika'' reforms of Soviet leader Mikhail Gorbachev. He later criticized the reforms as being too moderate and called for a transition to a Multi-party system, multi-party repr ...
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