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Map showing the major Varangian trade routes: the Volga trade route (in red) and the Trade Route from the Varangians to the Greeks (in purple). Other trade routes of the eighth-eleventh centuries shown in orange. From Aldeigjuborg, the Rus could travel up the Volkhov River to Novgorod, then to Lake Ilmen and further along the Lovat River.
The pre-history of Eurasia is characterized by a pattern of migration, invasion, melding of population and displacement and this is attributed to its location. [1] Its plains, which are nestled between the Baltic and Black seas, offer a wealth of natural resources and room for expansion, especially with easy access to river routes.
The Russian Empire [e] [f] was a vast empire that spanned most of northern Eurasia from its proclamation in November 1721 until the proclamation of the Russian Republic in September 1917. At its height in the late 19th century, it covered about 22,800,000 km 2 (8,800,000 sq mi), roughly one-sixth of the world's landmass, making it the third ...
While some Russian leaders worried that an independent America might interfere with Russia's trade with other European nations, Catherine saw direct Russian-American trade as an excellent opportunity to expand commerce. Catherine knew that after the war, a free America could trade directly with Russia without interference.
The formal end to Tatar rule over Russia was the defeat of the Tatars at the Great Stand on the Ugra River in 1480. Ivan III (r. 1462–1505) and Vasili III (r. 1505–1533) had consolidated the centralized Russian state following the annexations of the Novgorod Republic in 1478, Tver in 1485, the Pskov Republic in 1510, Volokolamsk in 1513, Ryazan in 1521, and Novgorod-Seversk in 1522.
The route allowed traders along the route to establish a direct prosperous trade with Byzantium, and prompted some of them to settle in the territories of present-day Belarus, Russia and Ukraine. The route began in Scandinavian trading centres such as Birka, Hedeby, and Gotland, crossed the Baltic Sea entered the Gulf of Finland, followed the ...
As other European states expanded westward across the Atlantic Ocean, the Russian Empire went eastward and conquered the vast wilderness of Siberia.Although it initially went east with the hope of increasing its fur trade, the Russian imperial court in St. Petersburg hoped that its eastern expansion would also prove its cultural, political, and scientific belonging to Europe. [1]
In 1860, to revive trade turnover and strengthen the monetary credit system of Russia, the State Bank of the Russian Empire was created, which was assigned the role of the main credit institution and the state-controlled source of covering the budget deficit. With the creation of the State Bank, the government was able to borrow the money he ...