The Soviet Union’s economy once stood as a symbol of strength and rapid progress. Under Stalin, the USSR industrialized at an unprecedented pace, rising from the ashes of the Russian Empire to become ...

From industrial juggernaut to economic disaster, the Soviet Union’s economy tells the dramatic story of a global superpower ...

Amid high inflation, Russia is preparing to cap prices on staple food items, a move analysts say signals a shift toward a ...

EADaily, . The growth of Russia's military spending is unlikely to lead it to the same economic problems that it had The ...

With an economy only about 1/3 the size of the United States, the Soviet Union engaged in an arms race during the Cold War that prevented them from investing as much as they should have in ...

Their GreenGold Tea is one of several new companies that brought tea fields in and around Ozurgeti, Guria’s regional capital, back to life. Processing their tea in one wing of an abandoned Soviet silk ...

High-level Whispers. The Soviet arms budget is, however, undeniably under pressure, because the Soviet civilian economy has been badly shortchanged as a result of Russia’s costly military ...

That's 25,000 tanks!" Before the collapse of the Soviet Union, Uralmash produced 330,000 tonnes of products each year, Livshits said. This year it will be around 13,000.