Financial crisis in Russia 1994, 1998.
The Russian financial crisis (also called "Ruble crisis") hit Russia on 17 August 1998. It was exacerbated by the Asian financial crisis 1997. Many banks were closed down as a result of the crisis. Many citizens were stocking up for bad times and throughout the country shop shelves were being emptied, leaving a shortage of even the most basic items, such as vegetable oil, sugar or washing powder. The crisis also increased social tension; The middle class that was already forming by that time, and had some hope for stability, ceased to exist as millions of people lost their bank savings.
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Financial crisisRussia 1994, 1998.
The Russianfinancial crisis(also called "Ruble crisis") hitRussia on 17August 1998. It was exacerbated by the Asian financial crisis1997. Many banks were closed down as a result of the crisis. Many citizens were stocking up for bad times and throughout the country shop shelves were being emptied, leaving a shortage of even the most basic items, such as vegetable oil, sugar or washing powder. The crisis also increased social tension; The middle class that was already forming by that time, and had some hope for stability, ceased to exist as millions of people lost their bank savings.
Views of office buildings, its interiors and offices with clerks working.
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