Mikhail Gorbachev, Soviet leader who served close the Cold War, has died

Mikhail Gorbachev, Soviet leader who served close the Cold War, has died


Normal Secretary of the Communist Celebration of the Soviet Union Mikhail Gorbachev for the duration of French President Francois Mitterrand’s pay a visit to to the Soviet Union. Moscow, Russia, 6th December 1989.

Wojtek Laski | Hulton Archive | Getty Photos

Mikhail Gorbachev, the last leader of the Soviet Union and a reformer who assisted end the Chilly War and guide his place from communism to capitalism, died Tuesday at 91, in accordance to the Gorbachev Foundation.

“Mikhail Sergeevich Gorbachev died this evening soon after a significant and lengthy illness,” the Central Clinical Hospital reported, according to Interfax.

Born in the village of Privolnoye, Gorbachev grew up a dedicated communist for the duration of Entire world War II. He wound up successful a Nobel Peace prize in 1990 for aiding end the Cold War.

Contrary to his predecessors, when pro-democracy rallies commenced in Poland and swept across the Soviet bloc in 1989, Gorbachev did not mail in Soviet tanks to crush the uprisings.

But in two decades, the Soviet Union started to disintegrate as the captive Baltic nations of Lithuania, Latvia and Estonia peeled absent and other nations that had very long been under Moscow’s yoke, including Ukraine, sought independence.

Gorbachev’s death arrived as Russia was bogged down in a brutal war with Ukraine.



Supply

European markets edge higher as investors assess Munich Security Conference
World

European markets edge higher as investors assess Munich Security Conference

European markets opened higher on Monday, as investors digest the key points from this year’s Munich Security Conference. The pan-European Stoxx 600 was up 0.2% at 8:45 a.m. in London (3:45 a.m. ET), with major bourses and most sectors in the region in positive territory. Geopolitics and defense returned to the spotlight as investors focused […]

Read More
CNBC Daily Open: Rubio reassures Europe while U.S. CPI calms investors
World

CNBC Daily Open: Rubio reassures Europe while U.S. CPI calms investors

US Secretary of State Marco Rubio gives a thumbs up as he departs Munich International Airport in Munich, southern Germany, on February 15, 2026, after attending the Munich Security Conference (MSC). Alex Brandon | Afp | Getty Images U.S. Secretary of State Marco Rubio provided comforting words for Europe on Saturday at the Munich Security […]

Read More
Deutsche Bank warns AI risks in U.S. equities is undermining dollar’s safe haven status
World

Deutsche Bank warns AI risks in U.S. equities is undermining dollar’s safe haven status

The dollar’s traditional safe-haven status is being challenged by high exposure to AI in U.S. equities, according to Deutsche Bank. Investors typically take flight to the dollar when stocks are falling, but that’s no longer the case, said George Saravelos, global head of FX research at the German bank. “It is often taken as fact […]

Read More