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  • UNITED NATIONS, May 5- Washington wants to be certain that any nuclear deal between Iran and major powers includes the possibility of restoring U.N. sanctions if Tehran breaks the agreement without risking Russian and Chinese vetoes, a senior U.S. official said on Tuesday. United Nations sanctions and a future mechanism for Iran to buy atomic technology are two...

  • UNITED NATIONS, May 5- Iran and world powers are struggling to overcome deep divisions on two core sticking points in talks on a possible nuclear deal: reimposing U.N. sanctions if the Iranians violate the agreement and how Tehran can buy atomic technology, envoys said. The negotiations between Iran, the United States, Britain, France, Germany, Russia, China and the...

  • Rosneft chief earns up to $4.7M in basic salary Tuesday, 5 May 2015 | 10:21 AM ET
    Russian President Vladimir Putin, right, listens to Igor Sechin, CEO of state-controlled Russian oil company Rosneft, during Russian-Armenian talks in Yerevan, Armenia, Dec. 2, 2013.

    The head of Russia's Rosneft earns at least 15-20 million rubles a month, the oil company said on Tuesday, disclosing Igor Sechin's basic salary after President Vladimir Putin encouraged greater wage transparency.

  • MOSCOW, May 5- The head of Russia's Rosneft earns at least 15- 20 million roubles a month, the oil company said on Tuesday, disclosing Igor Sechin's basic salary after President Vladimir Putin encouraged greater wage transparency. Rosneft, which is under Western sanctions due to Moscow's role in the Ukraine crisis, bought its peer TNK-BP for $55 billion in 2013,...

  • Vladimir Putin and Kim Jong Un

    Warming economic and political ties between Vladimir Putin and Kim Jong-un are in question. The Fiscal Times reports.

  • The joint declaration, which is likely to antagonise Moscow, commits to the deal from Jan. 1, 2016, a date already a year later than planned as Russia seeks to oppose European efforts to integrate Ukraine and move it out of Moscow's sphere of orbit. But aside from the EU's show of support for Ukraine, the May 21-22 Eastern Partnership summit will offer little for...

  • Why Jim O'Neill, others see bullish case for India Monday, 4 May 2015 | 12:25 PM ET
    Indian Prime Minister Narendra Modi.

    The country's stock market fell 1.8% after a huge surge last year, but India may still be lucrative for foreign investors.

  • ASHGABAT, May 2- The European Union, keen to lessen its dependence on Russia for energy supplies, expects to start receiving natural gas from Turkmenistan by 2019, European Commission Vice President Maros Sefcovic said in an interview. For Turkmenistan it is very important to diversify its export options, while for the EU it is very important to diversify its...


  • Cramer: Quit crying! This group's ready for buying Friday, 1 May 2015 | 6:29 PM ET

    Jim Cramer has had enough crying about the economy. This group just bottomed, and is ripe for buying.

  • Argentina's capital is world capital of bookstores Friday, 1 May 2015 | 12:00 AM ET

    From hole-in-the-wall joints with used copies of works by Jorge Luis Borges, Miguel de Cervantes and Gabriel Garcia Marquez to elegant buildings with the latest children's books in several languages, Buenos Aires is filled with locales that pay homage to print. With a population of 2.8 million people within the city limits, there are 25 bookstores for every...

  • The 'Megacities' are coming, and they're voracious Thursday, 30 Apr 2015 | 2:09 PM ET
    San Paulo, Brazil.

    The New York metropolitan area gobbles up more energy than any other major city in the world, according to new research.

  • Yikes! Putin to have superhuman robo-soldiers Thursday, 30 Apr 2015 | 12:03 PM ET
    Exoskeleton soldier developed by Raytheon

    Russian President Vladimir Putin has an army of robotic soldiers in the works. The Fiscal Times reports.

  • MOSCOW— A member of Russia's parliament has asked prosecutors to determine whether Apple violated Russia's ban on gay "propaganda" when it delivered U2's latest album to a half-billion iTunes users for free last year. Izvestia, a newspaper loyal to the Kremlin, reported Wednesday that it has a copy of Alexander Starovoitov's appeal to prosecutors in which he...

  • Russian central bank cuts rates   Thursday, 30 Apr 2015 | 11:00 AM ET
    Russian central bank cuts rates

    Central Bank of Russia has cut its rates to 12.5 percent from 14 percent. Geoffrey Yu, FX strategist at UBS, gives his reaction.

  • MOSCOW, April 30- Russia's central bank cut its main lending rate by 1-1/ 2 percentage points on Thursday, its third rate cut this year, a sign that it believes the worst of an economic crisis is over. The cut to 12.5 percent follows the rouble's recovery in recent weeks after a dramatic decline last year as global oil prices fell and Western economic sanctions over...

  • HELSINKI— Finnish utility Fennovoima said Thursday it has awarded the main contract for constructing a nuclear plant in Finland to the Russian company Titan-2. European sanctions against Moscow for backing Ukrainian rebels does not apply to Finland's cooperation with Rosatom, whose involvement in the 1,200- megawatt plant was approved in early 2013...

  • CTC posts 1Q profit Thursday, 30 Apr 2015 | 8:48 AM ET

    MOSCOW _ CTC Media Inc. on Thursday reported first-quarter net income of $8.4 million. The Moscow- based company said it had net income of 5 cents per share. Keywords: CTC Media, Earnings Report.

  • Russia looks set to extend import ban on Western food Thursday, 30 Apr 2015 | 7:43 AM ET

    MOSCOW, April 30- Russia looks likely to extend a ban on Western food imports beyond an Aug. 7 deadline, with a lack of incentive to lift its embargo due to the prospect of extended European sanctions. The ban on most food imports from the United States, European Union and other countries worth $9 billion is due to run out on Aug. 7, a year after it was imposed in...

  • MOSCOW— The Russian Central Bank has cut its key interest rate by 1.5 percentage points to 12.5 percent to stimulate the economy as it heads into recession. The bank said a reduced threat of runaway inflation, which slowed slightly to 16.5 percent in April, had made the cut possible, but said there remained a risk of "a significant cooling of the economy."