Home - Bonds, Loans & Derivatives Russia & CIS
Commonwealth of Independent States - Wikipedia
The transition from a Soviet republic to an independent state in 1991 brought many changes. The former leader of the Turkmen Soviet Socialist Republic, Saparmurat Niyazov, who went by the name (leader of the Turkmen people), dominated the presidency for fifteen years. Through his authoritarian rule, he promoted a traditional culture—with Islam as the predominant religion—and was notorious for developing a cult of personality. For example, he changed all the names of the days of the week and the months of the year to his name, the names of his family members, and the names of Turkmen heroes or famous people. Turkmenbashi’s image was printed on the currency, and large posters of him could be seen throughout the country. His book on important concepts, the (), was to be read by all schoolchildren and the public. After his death in 2006, many of his actions were reversed. The country continues to transition to a stable democratic state, though many of the same dynamics of corruption and authoritarian rule remain.
Cis Map of the Commonwealth of Independent States …
A major part of the southern portion of the once thriving sea is located in Uzbekistan, which has not contributed the economic attention necessary to halt the sea’s continued deterioration. The remaining western portion of the Uzbekistan side of the Aral Sea will continue to shrink if measures are not taken to address the loss of water from the Amu Darya River. The eastern side was completely dry by 2009. Uzbekistan has responded to the situation by contracting out to various multinational oil companies from Korea, China, and Russia to explore for oil beneath the dry seabed.