Economy of the Soviet Union

A St. Petersburg shop advertises a sale as Russia's ruble crashes to unprecedented lows Tuesday.

A plunging Russian ruble generates nervousness and humor

Economics

Russians had a rude awakening this morning when they discovered that their interest rates doubled overnight AND the ruble plunged to its lowest level. The Russian Central Bank increased interest rates by 7 percent, hoping to avert a ruble freefall. And it could get worse.

Russian Ruble

What is a ruble and why is it in trouble?

Finance
The World

‘My Perestroika’ — The last Soviet children

Arts, Culture & Media