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The goalkeeper of "Columbus Blue Jackets" Sergey Bobrovsky set a team record, having reflected 46 throws in 60 minutes of playing time. The forward of "Washington Capitals" Alexander Ovechkin strength...

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The authorities of the Netherlands increased the level of terrorist danger to the highest in the province Utrecht where there was a firing. De Telegraaf reports about it.

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The commentator Vasily Utkin is sure that the referee of a meeting of the 20th tour of the Russian Premier League (RPL) between Spartak and Zenit Vladimir Moskalyov had to award a penalty for a foul o...

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At least one person died as a result of firing in the Netherlands city of Utrecht.

Date: 7 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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