Who created todays Russian Problem?
On 31 December 1999 Boris Yeltsin resigned from the presidency, handing the post to the recently appointed prime minister, Vladimir Putin, who then won the 2000 election. Putin won popularity for suppressing the Chechen insurgency, although sporadic violence still occurs throughout the North Caucasus. High oil prices and initially weak currency followed by increasing domestic demand, consumption and investments has helped the economy grow for nine straight years, alleviating the standard of living and increasing Russia’s clout on the world stage.[6] While many reforms made during the Putin administration have been generally criticized by Western nations as un-democratic,[87] Putin’s leadership over the return of order, stability and progress has won him widespread popularity in Russia.[88] On March 7, 2008, Dmitry Medvedev was elected President of Russia. http://en.
