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  • LONDON, Jan 29- Belarus sovereign bonds fell up to 27 cents in the dollar on Thursday on fears of debt restructuring, while broader emerging markets also weakened following a U.S. Belarus yield spreads over Treasuries widened 900 basis points to 1463 bps and its 2015 and 2018 bonds were sold off after President Alexander Lukashenko said the country may have to...

  • Greece misinterpreted over Russia sanctions -minister Thursday, 29 Jan 2015 | 5:33 AM ET

    ATHENS, Jan 29- Greece's new finance minister Yanis Varoufakis rejected suggestions that complaints from Athens over a European Union statement on Ukraine meant it was preparing to veto sanctions against Russia. EU foreign ministers are expected to ask the European Commission on Thursday to prepare a new round of sanctions against Russia, aimed at...

  • Belarus president rules out "shock therapy' for economy Thursday, 29 Jan 2015 | 4:41 AM ET

    MINSK, Jan 29- President Alexander Lukashenko said on Thursday Belarus would find a way out of its financial problems, exacerbated by economic turmoil in Russia, but ruled out "shock therapy". "The way of shock therapy for Belarus is unacceptable," Belta quoted him as saying. "They would come from all sides to teach us a lesson, to start' Maidans'," he said, referring to the...

  • LONDON, Jan 29- German bond yields fell on Thursday as worries over Greece's new anti-bailout government buoyed demand for top-rated assets from investors who were also starting to think the U.S. Athens looked to set to endure a fourth day of market jitters since Sunday's election with its newly-instated government at loggerheads with international...

  • MOSCOW, Jan 29- Russia's Gazprom posted a 35 percent drop in nine-month net profit to 556.3 billion roubles year-on-year, after the world's top gas producer was hit by a dispute with Ukraine and currency losses. After putting aside 83.9 billion roubles in provisions for Ukraine's gas debt which prompted Moscow to cut off supplies in June, Gazprom said the future...

  • MOSCOW, Jan 29- Russia's rouble slid in early trade on Thursday, extending losses from earlier in the week as falling oil prices and the threat of new European Union sanctions over the Ukraine crisis soured sentiment. European Union foreign ministers were on Thursday expected to extend until the end of 2015 asset freezes and travel bans imposed on dozens of...

  • Carlsberg shuts two breweries in Russia due to crisis Thursday, 29 Jan 2015 | 1:56 AM ET

    MOSCOW, Jan 29- Danish brewer Carlsberg said on Thursday it would shut two of its 10 Russian breweries because of difficult macroeconomic and regulatory conditions.

  • BRUSSELS, Jan 28- New European Union sanctions against Russia could include further capital markets restrictions, making it harder for Russian companies to refinance themselves and possibly affecting Russian sovereign bonds, EU officials said on Wednesday. EU foreign ministers are expected to ask the executive European Commission on Thursday to prepare...

  • Germans in shock as new Greek leader starts with a bang Wednesday, 28 Jan 2015 | 11:15 AM ET

    *Fiery Tsipras start challenges policy assumptions in Berlin. *Russia overtures deepen concerns over EU consensus on Ukraine. The move did not go unnoticed in Berlin.

  • BRUSSELS, Jan 28- New European Union sanctions against Russia could include further capital markets restrictions, making it harder for Russian companies to refinance themselves and possibly affecting Russian sovereign bonds and access to advanced technology for the oil and gas sectors, EU officials said on Wednesday. EU foreign ministers are set to ask the...

  • MOSCOW, Jan 28- The Russian rouble weakened on Wednesday and stocks fell, with a retreat in oil prices and a threat of new sanctions on Moscow for its role in the Ukraine crisis promising to weigh on the currency in the near future. "We believe fears of new sanctions and potentially harmful anti-sanctions in response from Russia will keep investors alert and...

  • BRUSSELS, Jan 28- The EU has prepared a draft statement for the foreign ministers of its 28 members to agree to extend sanctions against Russia by six months, add new people to the sanctions list and prepare new measures. The statement was referring to asset freezes and travel bans put on dozens of Ukrainians and Russians since Russia's annexation of Ukraine's...

  • UPDATE 1-OMV, Gazprom amend gas supply deal terms Wednesday, 28 Jan 2015 | 8:15 AM ET

    VIENNA, Jan 28- Austrian energy group OMV and Russian natural gas exporter Gazprom have agreed to amend a long-term contract for gas supplies, OMV said on Wednesday without disclosing details. Alexander Medvedev, deputy head of Gazprom's management committee, and OMV Chief Executive Gerhard Roiss signed the amendment at a meeting in Vienna, OMV said in a...

  • *Gazprom cannot afford to lose Ukraine. MOSCOW/ KIEV, Jan 28- Ukraine has a stronger hand to play at talks with Russia on gas supplies thanks to the fall in oil prices, which has dragged down gas prices, and after showing it can live on less. Although a milder winter and a scramble for other sources has shown Ukraine can survive with less gas from Russia, it still needs it to...

  • MOSCOW, Jan 28- Russia announced a $35 billion "anti-crisis" spending plan on Wednesday to bail out an economy battered by Western sanctions and falling oil prices, but gave few details of the deep cuts it said would be enacted this year to pay for it. The 2.34 trillion rouble spending plan includes 1.55 billion roubles to support banks, most of which was already...

  • Putin eyes benefits as rebels gain in Ukraine Wednesday, 28 Jan 2015 | 5:09 AM ET

    *Fighting has surged in eastern Ukraine. *Putin blames Kiev but could see gains. MOSCOW, Jan 28- Boxed into a corner by a financial crisis and the West's refusal to drop sanctions over the conflict in Ukraine, Russian President Vladimir Putin has come out fighting.

  • Russia's economy has been battered by lower energy prices, a collapse in the value of the ruble and Western sanctions over its involvement in Ukraine. Russia's GDP is expected to decline by 4-5 percent this year, the first drop since 2009. The ruble has lost half of its value while the Standard& Poor's ratings agency downgraded Russia's credit rating to a...

  • MOSCOW, Jan 28- The Russian rouble weakened on Wednesday, with a retreat in oil prices and a threat of new sanctions on Moscow for its role in the Ukraine crisis promising to weigh on the currency in the near future. Analysts said a meeting of EU foreign ministers on Thursday to discuss more punitive measures against Russia was the key factor for Russian markets.

  • MOSCOW, Jan 28- For Boris Lisitsyn, Russia's financial crisis means less meat, cheese and sausage- hardships the 86- year-old says won't kill him anytime soon. But for him and the millions of pensioners who make up about a third of Russia's population, rising prices are also spurring anger over declining living standards, threatening a pool of support President...

  • MOSCOW— Russian news reports say that a manager at the Central Bank's branch in a far eastern city has killed three colleagues and then himself after losing his job. The man had worked as a deputy chief of the Central Bank's office in the city of Blagoveshchensk near the border with China before he was fired, the reports said. The Central Bank confirmed the four...