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Military of the Caspian flotilla on exercises on protivovodno-diversionary defense of ship forces destroyed fighting swimmers of the conditional opponent. Reported about it in the Russian Defense Ministry.

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The Interstate Aviation Committee and Rosaviatsia will be involved in investigation of crash landing of the passenger An-24 plane in Buryatia as a result of which two persons died.

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The number injured with crash landing of the passenger An-24 plane in Nizhneangarsk increased up to 22, TASS with reference to health services of the region reports.

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In Russia development of a complex of investigation, management and communication of new generation was completed. The deputy director of JSC Radioavionika Oleg Barashkov told about it in an interview...

Date: 10 months ago   Category: Business

Reset time: 20 years ago in Russia there was a default — RT in Russian


On August 17, 1998 the Government of the Russian Federation has declared a technical default according to debt obligations of the country. Impetuous growth of a national debt, huge budget deficit, untwisting of a pyramid of state treasury bills, political conflicts and also global drop in oil prices and crisis in Asia — all this has pushed the state to bankruptcy. But the economy collapse has allowed to start a market mechanism in the country at the turn of the century and next millennium to reach the new level of development. Eyewitnesses of events of twenty-year prescription are experts and ex-officials — have shared with RT reminiscence about the largest economic shock in modern national history and have told the vision of the reasons and consequences of a default.

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