1.
Boris Yeltsin
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Boris Nikolayevich Yeltsin was a Soviet and Russian politician and the first President of the Russian Federation, serving from 1991 to 1999. Originally a supporter of Mikhail Gorbachev, Yeltsin emerged under the reforms as one of Gorbachevs most powerful political opponents. During the late 1980s, Yeltsin had been a member of the Politburo, no one had resigned from the Politburo before. This act branded Yeltsin as a rebel and led to his rise in popularity as an anti-establishment figure, on 29 May 1990 he was elected the chairman of the Russian Supreme Soviet. However, Yeltsin never recovered his popularity after a series of economic. He vowed to transform Russias socialist economy into a capitalist market economy and implemented economic shock therapy, price liberalization, due to the sudden total economic shift, a majority of the national property and wealth fell into the hands of a small number of oligarchs. The well-off millionaire and billionaire oligarchs likened themselves to 19th century robber barons, in October 1993, troops loyal to Yeltsin stopped an armed uprising outside of the parliament building, leading to a number of deaths. Yeltsin then scrapped the existing Russian constitution, banned political opposition, on 31 December 1999, under enormous internal pressure, Yeltsin announced his resignation, leaving the presidency in the hands of his chosen successor, then-Prime Minister Vladimir Putin. Yeltsin left office widely unpopular with the Russian population, Yeltsin kept a low profile after his resignation, though he did occasionally publicly criticise his successor. Yeltsin died of heart failure on 23 April 2007. Boris Yeltsin was born in the village of Butka, Talitsky District, Sverdlovsk, USSR, growing up in rural Sverdlovsk, he studied at the Ural State Technical University, and began his career in the construction industry. In 1934 Nikolai Yeltsin was convicted of anti-Soviet agitation and sentenced to hard labour in a gulag for three years, Nikolai remained unemployed for a period of time and then worked again in construction. His mother, Klavdiya Vasilyevna Yeltsina, worked as a seamstress, Boris studied at Pushkin High School in Berezniki. In 1949 he was admitted to the Ural Polytechnic Institute in Sverdlovsk, majoring in construction, the subject of his degree paper was Construction of a Mine Shaft. From 1955 to 1957 he worked as a foreman with the building trust Uraltyazhtrubstroy, from 1957 to 1963 he worked in Sverdlovsk, and was promoted from construction site superintendent to chief of the Construction Directorate with the Yuzhgorstroy Trust. In 1963 he became chief engineer, and in 1965 head of the Sverdlovsk House-Building Combine, responsible for sewerage and he joined the ranks of the CPSU nomenklatura in 1968 when he was appointed head of construction with the Sverdlovsk Regional Party Committee. In 1975 he became secretary of the committee in charge of the regions industrial development. In 1976 the Politburo of the CPSU promoted him to the post of the first secretary of the CPSU Committee of Sverdlovsk Oblast, Yeltsin was a member of the Communist Party of the Soviet Union from 17 March 1961 to 13 July 1990, and a nomenklatura member from 1968
2.
Viktor Chernomyrdin
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Viktor Stepanovich Chernomyrdin was a Russian politician. He was the first chairman of the Gazprom energy company and the longest-serving Prime Minister of Russia based on consecutive years and he was a key figure in Russian politics in the 1990s, and a participant in the Russian transition from a planned to a market economy. From 2001 to 2009, he was Russias ambassador to Ukraine, after that he was designated as a presidential adviser. Chernomyrdin is known in Russia and Russian-speaking countries for his unique style, containing numerous malapropisms. Many of his sayings became aphorisms and idioms in the Russian language, the most famous being his expression We wanted the best, Chernomyrdin died on 3 November 2010 after a long illness. He was buried beside his wife in Novodevichy Cemetery on 5 November, Chernomyrdin was born in Chernyi Otrog, Orenburg Oblast, Russian SFSR. His father was a labourer and Viktor was one of five children, Chernomyrdin completed school education in 1957 and found employment as a mechanic in an oil refinery in Orsk. He worked there until 1962, except for two years of military service from 1957 to 1960. His other occupations on the plant during this period included machinist, operator and he became a member of the CPSU in 1961. In 1962, he was admitted to Kuybyshev Industrial Institute, in his entrance exams he performed very poorly. He failed the math sections of the test and had to take the exam again and he got only one B, in Russian language, and Cs in the other tests. He was admitted only because of very poor competition, in 1966, he graduated from the institute. In 1972, he completed studies at the Department of Economics of the Union-wide Polytechnic Institute by correspondence. Chernomyrdin began developing his career as a politician when he worked for the CPSU in Orsk between 1967 and 1973, in 1973, he was appointed the director of the natural gas refining plant in Orenburg, a position which he held until 1978. Between 1978 and 1982, Chernomyrdin worked in the heavy industry arm of the CPSU Central Committee, in 1982, he was appointed deputy Minister of the natural gas industries of the Soviet Union. Concurrently, beginning from 1983, he directed Glavtyumengazprom, an association for natural gas resource development in Tyumen Oblast. During 1985–1989 he was the minister of gas industries, in August 1989, under the leadership of Chernomyrdin, the Ministry of Gas Industry was transformed into the State Gas Concern, Gazprom, which became the countrys first state-corporate enterprise. Chernomyrdin was elected its first chairman, the company was still controlled by the state, but now the control was exercised through shares of stock, 100% of which were owned by the state
3.
Soviet Union
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The Soviet Union, officially the Union of Soviet Socialist Republics was a socialist state in Eurasia that existed from 1922 to 1991. It was nominally a union of national republics, but its government. The Soviet Union had its roots in the October Revolution of 1917 and this established the Russian Socialist Federative Soviet Republic and started the Russian Civil War between the revolutionary Reds and the counter-revolutionary Whites. In 1922, the communists were victorious, forming the Soviet Union with the unification of the Russian, Transcaucasian, Ukrainian, following Lenins death in 1924, a collective leadership and a brief power struggle, Joseph Stalin came to power in the mid-1920s. Stalin suppressed all opposition to his rule, committed the state ideology to Marxism–Leninism. As a result, the country underwent a period of rapid industrialization and collectivization which laid the foundation for its victory in World War II and postwar dominance of Eastern Europe. Shortly before World War II, Stalin signed the Molotov–Ribbentrop Pact agreeing to non-aggression with Nazi Germany, in June 1941, the Germans invaded the Soviet Union, opening the largest and bloodiest theater of war in history. Soviet war casualties accounted for the highest proportion of the conflict in the effort of acquiring the upper hand over Axis forces at battles such as Stalingrad. Soviet forces eventually captured Berlin in 1945, the territory overtaken by the Red Army became satellite states of the Eastern Bloc. The Cold War emerged by 1947 as the Soviet bloc confronted the Western states that united in the North Atlantic Treaty Organization in 1949. Following Stalins death in 1953, a period of political and economic liberalization, known as de-Stalinization and Khrushchevs Thaw, the country developed rapidly, as millions of peasants were moved into industrialized cities. The USSR took a lead in the Space Race with Sputnik 1, the first ever satellite, and Vostok 1. In the 1970s, there was a brief détente of relations with the United States, the war drained economic resources and was matched by an escalation of American military aid to Mujahideen fighters. In the mid-1980s, the last Soviet leader, Mikhail Gorbachev, sought to reform and liberalize the economy through his policies of glasnost. The goal was to preserve the Communist Party while reversing the economic stagnation, the Cold War ended during his tenure, and in 1989 Soviet satellite countries in Eastern Europe overthrew their respective communist regimes. This led to the rise of strong nationalist and separatist movements inside the USSR as well, in August 1991, a coup détat was attempted by Communist Party hardliners. It failed, with Russian President Boris Yeltsin playing a role in facing down the coup. On 25 December 1991, Gorbachev resigned and the twelve constituent republics emerged from the dissolution of the Soviet Union as independent post-Soviet states
4.
London
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London /ˈlʌndən/ is the capital and most populous city of England and the United Kingdom. Standing on the River Thames in the south east of the island of Great Britain and it was founded by the Romans, who named it Londinium. Londons ancient core, the City of London, largely retains its 1. 12-square-mile medieval boundaries. London is a global city in the arts, commerce, education, entertainment, fashion, finance, healthcare, media, professional services, research and development, tourism. It is crowned as the worlds largest financial centre and has the fifth- or sixth-largest metropolitan area GDP in the world, London is a world cultural capital. It is the worlds most-visited city as measured by international arrivals and has the worlds largest city airport system measured by passenger traffic, London is the worlds leading investment destination, hosting more international retailers and ultra high-net-worth individuals than any other city. Londons universities form the largest concentration of education institutes in Europe. In 2012, London became the first city to have hosted the modern Summer Olympic Games three times, London has a diverse range of people and cultures, and more than 300 languages are spoken in the region. Its estimated mid-2015 municipal population was 8,673,713, the largest of any city in the European Union, Londons urban area is the second most populous in the EU, after Paris, with 9,787,426 inhabitants at the 2011 census. The citys metropolitan area is the most populous in the EU with 13,879,757 inhabitants, the city-region therefore has a similar land area and population to that of the New York metropolitan area. London was the worlds most populous city from around 1831 to 1925, Other famous landmarks include Buckingham Palace, the London Eye, Piccadilly Circus, St Pauls Cathedral, Tower Bridge, Trafalgar Square, and The Shard. The London Underground is the oldest underground railway network in the world, the etymology of London is uncertain. It is an ancient name, found in sources from the 2nd century and it is recorded c.121 as Londinium, which points to Romano-British origin, and hand-written Roman tablets recovered in the city originating from AD 65/70-80 include the word Londinio. The earliest attempted explanation, now disregarded, is attributed to Geoffrey of Monmouth in Historia Regum Britanniae and this had it that the name originated from a supposed King Lud, who had allegedly taken over the city and named it Kaerlud. From 1898, it was accepted that the name was of Celtic origin and meant place belonging to a man called *Londinos. The ultimate difficulty lies in reconciling the Latin form Londinium with the modern Welsh Llundain, which should demand a form *lōndinion, from earlier *loundiniom. The possibility cannot be ruled out that the Welsh name was borrowed back in from English at a later date, and thus cannot be used as a basis from which to reconstruct the original name. Until 1889, the name London officially applied only to the City of London, two recent discoveries indicate probable very early settlements near the Thames in the London area
5.
England
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England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west, the Irish Sea lies northwest of England and the Celtic Sea lies to the southwest. England is separated from continental Europe by the North Sea to the east, the country covers five-eighths of the island of Great Britain in its centre and south, and includes over 100 smaller islands such as the Isles of Scilly, and the Isle of Wight. England became a state in the 10th century, and since the Age of Discovery. The Industrial Revolution began in 18th-century England, transforming its society into the worlds first industrialised nation, Englands terrain mostly comprises low hills and plains, especially in central and southern England. However, there are uplands in the north and in the southwest, the capital is London, which is the largest metropolitan area in both the United Kingdom and the European Union. In 1801, Great Britain was united with the Kingdom of Ireland through another Act of Union to become the United Kingdom of Great Britain and Ireland. In 1922 the Irish Free State seceded from the United Kingdom, leading to the latter being renamed the United Kingdom of Great Britain, the name England is derived from the Old English name Englaland, which means land of the Angles. The Angles were one of the Germanic tribes that settled in Great Britain during the Early Middle Ages, the Angles came from the Angeln peninsula in the Bay of Kiel area of the Baltic Sea. The earliest recorded use of the term, as Engla londe, is in the ninth century translation into Old English of Bedes Ecclesiastical History of the English People. According to the Oxford English Dictionary, its spelling was first used in 1538. The earliest attested reference to the Angles occurs in the 1st-century work by Tacitus, Germania, the etymology of the tribal name itself is disputed by scholars, it has been suggested that it derives from the shape of the Angeln peninsula, an angular shape. An alternative name for England is Albion, the name Albion originally referred to the entire island of Great Britain. The nominally earliest record of the name appears in the Aristotelian Corpus, specifically the 4th century BC De Mundo, in it are two very large islands called Britannia, these are Albion and Ierne. But modern scholarly consensus ascribes De Mundo not to Aristotle but to Pseudo-Aristotle, the word Albion or insula Albionum has two possible origins. Albion is now applied to England in a poetic capacity. Another romantic name for England is Loegria, related to the Welsh word for England, Lloegr, the earliest known evidence of human presence in the area now known as England was that of Homo antecessor, dating to approximately 780,000 years ago. The oldest proto-human bones discovered in England date from 500,000 years ago, Modern humans are known to have inhabited the area during the Upper Paleolithic period, though permanent settlements were only established within the last 6,000 years
6.
Communist Party of the Soviet Union
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The Communist Party of the Soviet Union, abbreviated in English as CPSU, was the founding and ruling political party of the Union of Soviet Socialist Republics. The party was founded in 1912 by the Bolsheviks, a group led by Vladimir Lenin which seized power in the aftermath of the October Revolution of 1917. The party was dissolved on 29 August 1991 on Soviet territory soon after a failed coup détat and was abolished on 6 November 1991 on Russian territory. The highest body within the CPSU was the party Congress, which convened every five years, when the Congress was not in session, the Central Committee was the highest body. Because the Central Committee met twice a year, most day-to-day duties and responsibilities were vested in the Politburo, the Secretariat, and the Orgburo. The party leader was the head of government and held the office of either General Secretary, Premier or head of state, or some of the three offices concurrently—but never all three at the same time. The CPSU, according to its party statute, adhered to Marxism–Leninism, a based on the writings of Vladimir Lenin and Karl Marx. The party pursued state socialism, under which all industries were nationalized, a number of causes contributed to CPSUs loss of control and the dissolution of the Soviet Union. Some historians have written that Gorbachevs policy of glasnost was the root cause, Gorbachev maintained that perestroika without glasnost was doomed to failure anyway. Others have blamed the stagnation and subsequent loss of faith by the general populace in communist ideology. The Russian Socialist Federative Soviet Republic, the worlds first constitutionally socialist state, was established by the Bolsheviks in the aftermath of the October Revolution. Immediately after the Revolution, the new, Lenin-led government implemented socialist reforms, including the transfer of estates, in this context, in 1918, RSDLP became Russian Communist Party and remained so until 1997. Lenin supported world revolution he sought peace with the Central Powers. The treaty was voided after the Allied victory in World War I, in 1921, Lenin proposed the New Economic Policy, a system of state capitalism that started the process of industrialization and recovery from the Civil War. On 30 December 1922, the Russian SFSR joined former territories of the Russian Empire in the Soviet Union, on 9 March 1923, Lenin suffered a stroke, which incapacitated him and effectively ended his role in government. He died on 21 January 1924 and was succeeded by Joseph Stalin, after emerging victorious from a power struggle with Trotsky, Stalin obtained full control of the party and Stalinism was installed as the only ideology of the party. The partys official name was All-Union Communist Party in 1925, Stalins political purge greatly affected the partys configuration, as many party members were executed or sentenced for slave labour. Happening during the timespan of the Great Purge, fascism had ascened to power in Italy, seeing this as a potential threat, the Party actively sought to form collective security alliances with Anti-fascist western powers such as France and Britain
7.
Russia
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Russia, also officially the Russian Federation, is a country in Eurasia. The European western part of the country is more populated and urbanised than the eastern. Russias capital Moscow is one of the largest cities in the world, other urban centers include Saint Petersburg, Novosibirsk, Yekaterinburg, Nizhny Novgorod. Extending across the entirety of Northern Asia and much of Eastern Europe, Russia spans eleven time zones and incorporates a range of environments. It shares maritime borders with Japan by the Sea of Okhotsk, the East Slavs emerged as a recognizable group in Europe between the 3rd and 8th centuries AD. Founded and ruled by a Varangian warrior elite and their descendants, in 988 it adopted Orthodox Christianity from the Byzantine Empire, beginning the synthesis of Byzantine and Slavic cultures that defined Russian culture for the next millennium. Rus ultimately disintegrated into a number of states, most of the Rus lands were overrun by the Mongol invasion. The Soviet Union played a role in the Allied victory in World War II. The Soviet era saw some of the most significant technological achievements of the 20th century, including the worlds first human-made satellite and the launching of the first humans in space. By the end of 1990, the Soviet Union had the second largest economy, largest standing military in the world. It is governed as a federal semi-presidential republic, the Russian economy ranks as the twelfth largest by nominal GDP and sixth largest by purchasing power parity in 2015. Russias extensive mineral and energy resources are the largest such reserves in the world, making it one of the producers of oil. The country is one of the five recognized nuclear weapons states and possesses the largest stockpile of weapons of mass destruction, Russia is a great power as well as a regional power and has been characterised as a potential superpower. The name Russia is derived from Rus, a state populated mostly by the East Slavs. However, this name became more prominent in the later history, and the country typically was called by its inhabitants Русская Земля. In order to distinguish this state from other states derived from it, it is denoted as Kievan Rus by modern historiography, an old Latin version of the name Rus was Ruthenia, mostly applied to the western and southern regions of Rus that were adjacent to Catholic Europe. The current name of the country, Россия, comes from the Byzantine Greek designation of the Kievan Rus, the standard way to refer to citizens of Russia is Russians in English and rossiyane in Russian. There are two Russian words which are translated into English as Russians
8.
World Bank
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The World Bank is an international financial institution that provides loans to countries of the world for capital programs. It comprises two institutions, the International Bank for Reconstruction and Development, and the International Development Association, the World Bank is a component of the World Bank Group, which is part of the United Nations system. The World Banks stated official goal is the reduction of poverty, the president of the World Bank is, traditionally, an American. The World Bank and the IMF are both based in Washington, D. C. and work closely with each other, although many countries were represented at the Bretton Woods Conference, the United States and United Kingdom were the most powerful in attendance and dominated the negotiations. Before 1974 the reconstruction and development loans provided by the World Bank were relatively small, the Banks staff were aware of the need to instill confidence in the bank. Fiscal conservatism ruled, and loan applications had to meet strict criteria, the first country to receive a World Bank loan was France. The Banks president at the time, John McCloy, chose France over two other applicants, Poland and Chile, the loan was for US$250 million, half the amount requested, and it came with strict conditions. France had to agree to produce a budget and give priority of debt repayment to the World Bank over other governments. World Bank staff closely monitored the use of the funds to ensure that the French government met the conditions. In addition, before the loan was approved, the United States State Department told the French government that its members associated with the Communist Party would first have to be removed, the French government complied with this diktat and removed the Communist coalition government - the so-called tripartisme. Within hours, the loan to France was approved, when the Marshall Plan went into effect in 1947, many European countries began receiving aid from other sources. Faced with this competition, the World Bank shifted its focus to non-European countries, in 1960, the International Development Association was formed, providing soft loans to developing countries. From 1974 to 1980 the bank concentrated on meeting the needs of people in the developing world. The size and number of loans to borrowers was greatly increased as loan targets expanded from infrastructure into social services and these changes can be attributed to Robert McNamara, who was appointed to the presidency in 1968 by Lyndon B. Johnson. McNamara implored bank treasurer Eugene Rotberg to seek out new sources of capital outside of the banks that had been the primary sources of funding. Rotberg used the bond market to increase the capital available to the bank. One consequence of the period of poverty alleviation lending was the rise of third world debt. From 1976 to 1980 developing world debt rose at an annual rate of 20%
9.
Deutsche Bank
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Deutsche Bank AG is a German global banking and financial services company with its headquarters in the Deutsche Bank Twin Towers in Frankfurt. It has more than 100,000 employees in over 70 countries, and has a presence in Europe, the Americas, Asia-Pacific. In 2009, Deutsche Bank was the largest foreign exchange dealer in the world with a share of 21 percent. The company was a component of the STOXX Europe 50 stock market index until being replaced on that index on August 8,2016, the bank offers financial products and services for corporate and institutional clients along with private and business clients. Deutsche Bank’s core business is investment banking, which represents 50% of equity, 75% of leverage assets, in January 2014, Deutsche Bank reported a €1.2 billion pre-tax loss for the fourth quarter of 2013. This came after analysts had predicted a profit of nearly €600 million, revenues slipped by 16% versus the prior year. On 7 June 2015, the then co-CEOs, Juergen Fitschen and Anshu Jain, Anshu Jains resignation took effect on 30 June 2015, but he provided consultancy to the bank until January 2016. Juergen Fitschen temporarily continued as joint CEO until 19 May 2016, the appointment of John Cryan as joint CEO was announced, effective 1 July 2016, he became sole CEO at the end of Juergen Fitschens term. In January 2016, Deutsche Bank pre-announced a 2015 loss before income taxes of approximately €6.1 billion, Deutsche Bank was founded in Berlin in 1870 as a specialist bank for foreign trade. The banks statute was adopted on 22 January 1870, and on 10 March 1870 the Prussian government granted it a banking licence, three of the founders were Georg Siemens whose fathers cousin had founded Siemens and Halske, Adelbert Delbrück and L. Bamberger. Its first foray overseas came shortly afterwards, in Shanghai and London followed sometime by South America, major projects in the early years of the bank included the Northern Pacific Railroad in the US and the Baghdad Railway. In Germany, the bank was instrumental in the financing of bond offerings of steel company Krupp, the second half of the 1890s saw the beginning of a new period of expansion at Deutsche Bank. The bank formed alliances with large banks, giving itself an entrée into Germanys main industrial regions. Joint ventures were symptomatic of the then under way in the German banking industry. In addition, the bank rapidly perceived the value of specialist institutions for the promotion of foreign business, the immediate postwar period was a time of liquidations. Having already lost most of its assets, Deutsche Bank was obliged to sell other holdings. A great deal of energy went into shoring up what had been achieved, but there was new business, too, some of which was to have an impact for a long time to come. The bank played a significant role in the establishment of the production company, UFA
