Int. Crossover

Anti-government demonstrations took place in Moscow and throughout Russia on January 30, 2009, by demonstrators who expressed their frustration the country slips deeper into depression. A drop in oil prices, global economic downturn, government spending of billions to bail out failing banks and companies, rising unemployment and a rapidly devaluing ruble were all part of …

Iceland's Prime Minister, Geir Haarde, resigned on Monday, January 26, 2009 in lieu of the failing banking system and financial collapse of the country. During heavy protests demonstrators had burned an effigy of the Prime Minister on January 21. The Social Democratic Alliance party was formed to fill the void and the new coalition Jóhanna …