Belavezha Accords Belavezha Accords The Belavezha Accords (, , ) is the agreement that declared the Union of Soviet Socialist Republics as effectively ceasing to exist and established the Commonwealth of Independent States (CIS) in its place as an successor entity. It was signed at the state dacha near Viskuli in Belovezhskaya Pushcha on December 8, 1991, by the leaders of three of the four republics-signatories of the Treaty on the Creation of the USSR — Russian President Boris Yeltsin and First Deputy Prime Minister of RSFSR/Russian Federation Gennady Burbulis, Ukrainian President Leonid Kravchuk and Prime Minister of Ukraine Vitold Fokin, Belarusian
Economic policy of the Bill Clinton administration Economic policy of the Bill Clinton administration The economic policies of Bill Clinton, referred to by some as Clintonomics (a portmanteau of "Clinton" and "economics"), encapsulates the economic policies of United States President Bill Clinton that were implemented during his presidency, which lasted from January 1993–January 2001. President Clinton oversaw a very robust economy during his tenure. The U.S. had strong economic growth (around 4% annually) and record job creation (22.7 million). He raised taxes on higher income taxpayers early in his first term and cut defense spending, which contributed to a rise in revenue and decline in spending relative