Repudiation of debt at the Russian Revolution II, the last Emperor of Russia, was forced to sign his abdication and the end of the Russian Imperial Government and of the Romanov dynasty. The new government decided to continue the war, which meant more military spending. To increase budget revenues, a state monopoly was introduced on the sales of sugar, tea, matches, tobacco, and other consumer products. Still, the printing press remained the main source of revenues. This was a period of hyperinflation. The Provisional government was overthrown on October 24, 1917, and the Soviet government was created. The amounts of payments in default were enormous. Russian debt
Timeline of the annexation of Crimea by the Russian Federation Timeline of the annexation of Crimea by the Russian Federation The annexation of Crimea by the Russian Federation took place in the aftermath of the 2014 Ukrainian revolution. On 22–23 February, Russian President Vladimir Putin convened an all-night meeting with security services chiefs to discuss extrication of deposed President, Viktor Yanukovych, and at the end of that meeting Putin remarked that "we must start working on returning Crimea to Russia.". Russia sent in soldiers on February 27, 2014. Crimea held a referendum. According to official Russian and Crimean sources 95% voted to reunite with Russia. The legitimacy of the referendum