Answer:
The declaration of independence by the Soviet republics and the subsequent dissolution of the Soviet Union in 1991 was a significant event that had implications for global peace and stability. The end of the Cold War era marked a major shift in international relations, with the US emerging as the world's sole superpower.
Overall, the peaceful dissolution of the Soviet Union and the establishment of independent states in its place can be seen as a positive development for world peace. The end of the Cold War tensions reduced the risk of nuclear war and decreased the likelihood of large-scale military conflicts between the US and the Soviet Union.
However, the breakup of the Soviet Union also created new challenges for global stability, including economic uncertainty, political instability, and regional conflicts in the newly independent states. The transition to democratic governance and market-based economies was not always smooth, leading to social and economic unrest in some countries.
If I were to set this event on the doomsday clock, it would be difficult to give a precise number of minutes to represent its impact on world peace. However, overall, the peaceful dissolution of the Soviet Union and the establishment of independent states represents a positive development for global peace and stability. It is a reminder that diplomatic solutions can be found to even the most challenging geopolitical conflicts. Therefore, I would set the clock back by several minutes to reflect this positive development.