Curated playlist
Economy of Russia
- Federal Compulsory Medical Insurance Fund (Russia)Russia keeps its health insurance money completely outside the federal budget. FFOMS was created in 1993 to hold it.
- Privatization in RussiaRussia's voucher program gave shares to about 144 million people. Most sold them fast, and managers gathered them up.
- Russian rubleIn 1704, Peter the Great split the Russian ruble into 100 copper kopecks.
- Corruption in RussiaRussia's average bribe grew 26 times in just three years. It rose from 9,000 rubles in 2008 to 236,000 in 2011.
- Russian mafiaThe Russian mafia, known in Russian as bratva, stepped into the spotlight in May 1995, when Czech police raided the U Holubu restaurant in Anděl, a neighborhood of Prague. Semion Mogilevich had gathered Russian mafia bosses there for a…
- Russian oligarchsRussian oligarchs built some of the largest private fortunes in history in roughly a decade.
- Shock therapy (economics)Bolivia wrote its shock therapy decree in three weeks in 1985. Decree 21060 ended price controls and let the peso float.
- Central Bank of RussiaThe Central Bank of Russia was founded months before the country that created it ceased to exist.
- Eurasian Economic UnionRussia met the first call for a Eurasian union with sarcasm. Kazakhstan's president proposed it in Moscow in 1994.
- Forestry in RussiaRussia has more forest than any other country but less than 4 percent of forest product trade.
- Cinema of RussiaIn May 1896, a Lumiere cameraman filmed Nicholas II's coronation at the Kremlin. It was the first film shot in Russia.
- Economy of RussiaRussia has the largest gas reserves on Earth, yet by 2015 most Russians earned less than in 1991.