30 December 1922: the Soviet Union is born

On this day in 1922, delegates from Russia, Ukraine, Belarus and the Transcaucus agreed to the formation of the Soviet Union.

The overthrow of the Russian Empire in 1917 brought with it years of chaos. Independent nation states sprung up along the fringes of the old empire, while the newly created socialist republics of Belarus, Ukraine and the Transcaucasus clung on to their ties with Moscow.

No sooner had the Tsar been deposed than a bloody civil war broke out. Foreign armies camped on Russian soil, and to add to the country's misery, the fledgling government in Moscow was at war with Poland from 1919.

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Chris Carter
Wealth Editor, MoneyWeek