Also known as the ‘Alaskan Highway’ the Alcan was built during WW2. It was built to connect the us territory to the us through Canada. It was paved through incase there was an urgent need to get from one place to another through Military accompaniment. Now its a tourist destination.
Christopher Columbus was instructed by the King, and Queen of Spain to travel to the new world in search of valuable natural resources. Columbus had his own inclinations to travel being that the idea that the world was spherical had not yet been a well accepted fact.
Answer:
During the summer of 1998, the Russian economy was primed for the onset of a currency crisis.In an attempt to avert the crisis, the CBR intervenedby decreasing the growth of the money supply andtwice increasing the lending rate to banks, raisingit from 30 to 150 percent. Both rate hikes occurredin May 1998, the same month in which the Russianstock market lost 39 percent of its value.
