Jim Rickards, Chief Global Strategist at West Shore Funds, says the Russian central bank may not have enough reserves beyond 2015 to pay off its corporate debts.» Read More
MOSCOW— From a Western perspective, Vladimir Putin's days as president of Russia should be numbered: The ruble has lost more than half its value, the economy is in crisis and his aggression in Ukraine has turned the country into an international pariah. As Putin prepares to face his public in a much-anticipated televised news conference, an Associated...
*Teck Resources restarts US zinc mine idled in 2009. SYDNEY, Dec 17- Copper futures firmed on Thursday, nudged higher by stronger oil prices and positive signs from a survey of Chinese companies. Meanwhile, Canadian miner Teck Resources Ltd shipped its first zinc concentrate from the Pend Oreille mine in the U.S. state of Washington, following the restart of the...
If Russia doesn't do this one thing (and soon), it will be like 1998 — but worse, says Wolfgang Koester.
Early effects of Russian market turmoil are starting to show up in the U.S., but it's not outright panic.
Sources expect Vladimir Putin to address financial woes and measures to stabilize the ruble in Thursday's press conference, reports CNBC's Dina Gusovsky.
Shares of cruise company Carnival and airliner Copa Holdings were among the stocks boosted on normalized diplomatic Cuban relations.
Federal Reserve Chair Janet Yellen, discusses whether the committee is concerned over economic developments in Russia.
Russia's once legendary scientific productivity has been in decline for decades, and some scientists fear the current climate is making things worse.
The battered Russian ruble is rebounding slightly today. CNBC's Geoff Cutmore reports on the challenges facing the Russian central bank.
The Russian currency crisis could turn into a broader economic crisis that could spill over to key emerging markets, Charles Dallara said.
The ruble extended gains in the minutes following the Russian central bank's announcement that it is preparing to pump money into banks in 2015.
Much worse things than will actually happen have been priced into Russian equities, says ETF specialist Tom Lydon. Ripe for the picking?
WARSAW, Poland— Ukraine's president on Wednesday urged Poland's politicians and business people to intensify ties with his country as it conducts reforms to follow European standards. Addressing Poland's lawmakers and senators, Poroshenko said that Russia's takeover of Crimea and the support that Moscow gives to Ukraine's separatists have fortified...
Investors should look for softer rhetoric on Ukraine from Russian President Vladimir Putin and for signs of a bounce, said Christopher Granville.
The Russian ruble is seeing a slight rebound after Tuesday's rate hike. Chris Turner, head of FX strategy at ING, discusses whether this puts investors at ease.
Monetary authorities in Russia have come out with a raft of new proposals to support Russia's economy, reports CNBC's Geoff Cutmore.
MOSCOW, Dec 17- Russia's rouble strengthened sharply on Wednesday after dramatic falls on the previous two days as the government pressured exporters not to hoard foreign-currency earnings and the central bank announced new measures to support financial stability. The situation poses a major challenge for President Vladimir Putin whose popularity,...
*OPEC, Russia unwilling to cut supply, spurring weakness. LONDON, Dec 17- Brent crude oil moved above $60 a barrel on Wednesday as U.S. data showed falling crude inventories, stemming deep losses brought on by a supply glut and signals from OPEC producers and Russia that they will not cut production. "The decline in overall crude oil inventories was smallish," said John...
MOSCOW, Dec 17- The Russian economy stagnated in November, data published on Wednesday showed, making it even more likely that the rouble's rapid collapse so far this month will push it into recession next year. Investment by Russian companies, once a staple of the country's economic performance, fell sharper than expected last month, underlining pressure from...
Discussing if Russia's shrinking economy is becoming a global economic threat, with Charles Dallara, The Americas of Partners Group.