St. Petersburg can be considered the cultural capital of Russia. The city is home to many of Russia’s literary greats such as Gogol, Nekrasov, Blok, Esenin, Tolstoy, Pushkin, and Brodsky (Julie G., 2013). I addition to authors from St. Petersburg, the city has also inspired many to use it as...

The advent of Perestroika in 1991 led to a more open Russian economy compared to the previous period. 1998 economic crisis in Russia led to establishment of a floating exchange regime with heavy interventions by the government through direct and indirect policies. After the 2008 global economic crisis, the Bank...

A market economy system means economies that work on the principle of free market. The interference of the government is kept to the minimum in these economies in matters of importance such as public goods (roads, infrastructure, etc.), merit goods (education and healthcare), goods with negative externalities (pollution-causing firms, etc.)....

Russia was considered to be one of the contenders for the title of the “Third Rome.” This idea believes that the legacy of ancient Rome could be claimed by other societies and cultures in the years after the fall of Rome. The “Second Rome” was Constantinople and the Byzantine Empire....

Russia’s involvement in the downing of MH17 has been an issue of contention over the last few years. In short, the Malaysian Air plane, heading across Ukraine after leaving Amsterdam, was shot down under suspicious circumstances, with Ukrainian authorities claiming that Russian rebels had used weapons brought into Ukraine for...