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  • MOSCOW, Dec 26- Russia will introduce a duty on wheat exports from Feb. 1, the government said, adding to other restrictions with which it is battling a rise in domestic grain prices. Russia, expected to be the world's fourth-largest wheat exporter this year, has been exporting record volumes from a large grain crop of 105 million tonnes as the rouble's plunging...

  • Russia's ruble ends 5-day rally, drops 4 percent Friday, 26 Dec 2014 | 6:44 AM ET

    MOSCOW— The Russian currency on Friday ended its five-day rally and declined 4 percent as the markets remain jittery over the outlook of the Russian economy. Russian Finance Minister Anton Siluanov announced on Thursday that the ruble seems to have finally found its fair value. Predicting problems for the economy for years ahead, Siluanov on Friday lamented...

  • MOSCOW— Pro-Kremlin activists are distributing condoms on the streets of Moscow with the images of opposition leaders whom they blame for the collapse of the Russian currency. The LifeNews TV channel late Thursday showed activists handing out condoms with pictures of Alexei Navalny, tycoon Mikhail Khodorkovsky and others on the packets.

  • Russia offers support to North Korea amid Sony hack Thursday, 25 Dec 2014 | 10:39 AM ET

    MOSCOW— Russia on Thursday offered sympathy to North Korea amid the Sony hacking scandal, saying the movie that sparked the dispute was so scandalous that Pyongyang's anger was "quite understandable." Washington failed to offer any proof to back its claims of Pyongyang's involvement in the hacking, Russian Foreign Ministry spokesman Alexander Lukashevich...

  • Russia's Putin scraps New Year's holidays for ministers Thursday, 25 Dec 2014 | 7:24 AM ET

    MOSCOW— Russian President Vladimir Putin on Thursday scrapped New Year's holidays for government ministers because of the unfolding economic crisis. Russian company employees throughout the country are entitled to holiday from Jan. 1 to Jan. 12 when Russians celebrate the New Year, the main holiday in Russia, as well as Orthodox Christmas on Jan. 7.

  • Snowstorm in Moscow delays over 150 flights Thursday, 25 Dec 2014 | 5:05 AM ET

    MOSCOW— A massive snowstorm in Moscow on Thursday caused delays to more than 150 flights and brought traffic to a standstill. The snowstorm began early Thursday morning and the Russian Meteorological Office said it expects up to 4 inches of snow to fall in Moscow in a single day. The Yandex traffic monitoring service said the congestion in Moscow reached the...

  • The secret group that is really running Russia Wednesday, 24 Dec 2014 | 10:35 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.

    Economic crisis in Russia could shake the ties between Putin and the Russian oligarchs believed to be part of his inner circle. Global Post reports.

  • 2014 Winning & losing hedgies  Wednesday, 24 Dec 2014 | 10:20 AM ET

    CNBC's Kate Kelly reports on the mixed year for hedge fund performance.

  • *Rouble dips after S&P threatens Russia with junk status. *Brent oil drops back to $60 a barrel. Most Asian markets had edged up overnight and Europe was looking to close the Christmas week up 1 percent despite a subdued day on Wednesday.

  • ALMATY, Dec 24- Kazakhstan's government promised on Wednesday to prevent sharp volatility in the tenge currency in 2015, it said in a statement. The oil-rich Central Asian nation devalued the tenge by 19 percent in February to ease pressure on its economy. Kazakhstan's competitiveness has been hurt by a sharp slide in the Russian rouble.

  • UPDATE 2-Russia's grain exports stop - farm lobby Wednesday, 24 Dec 2014 | 7:59 AM ET

    *About 3 mln T of grain are now stuck in Russia- Union. *Wheat futures rise on Russia export curbs. Russia's main wheat buyers are Turkey, Iran and, very vulnerable to supply disruption, Egypt.

  • Russia in offer to help firms with foreign debts Wednesday, 24 Dec 2014 | 5:04 AM ET

    MOSCOW— With inflation showing clear signs of picking up, Russia's central bank said Wednesday it will look to help companies with their foreign debts— a move it hopes will ease the pressure on the national currency. Following on from other measures to stabilize the ruble, such as a big increase in its key interest rate to 17 percent, the Central Bank said it will...

  • *Rouble dips after S&P puts Russia on junk downgrade warning. LONDON, Dec 24- The strongest growth for the world's largest economy in over a decade meant there was plenty of pre-Christmas cheer in global markets on Wednesday, as stocks continued their strong run and the dollar hovered at an 8-1/ 2 year high. The data drove both the Dow Jones and the S&P 500 benchmark...

  • UPDATE 1-Russia may fail to supply wheat to Egypt in Jan Wednesday, 24 Dec 2014 | 4:49 AM ET

    MOSCOW, Dec 24- Russia may fail to supply wheat to Egypt's state buyer GASC in January as its exports have been effectively suspended by informal government curbs, Arkady Zlochevsky, the head of Russia's Grain Union, said on Wednesday. Russia's government imposed informal curbs with tougher quality monitoring and limits on railroad loadings earlier this...

  • Cramer: As ISIS grows, so do defense stocks Tuesday, 23 Dec 2014 | 6:56 PM ET
    A KC-135 Stratotanker from Fairchild Air Force Base, Wash., refuels a B-1B Lancer during a training exercise Sept. 23, 2014, over South Dakota.

    As the U.S. reduces its military budget, Jim Cramer sees allied countries are arming themselves. This is good news for one group of stocks.

  • Looking to 2015: How will BRIC and EMs fare?  Tuesday, 23 Dec 2014 | 5:37 PM ET

    Walter Molano, Chief Economist at BCP Securities, says Russia's economy is a victim of Western sanctions and lower oil prices. He also explains why EMs will face many headwinds in the year ahead.

  • Russia not the tip of contagion crisis: Expert Tuesday, 23 Dec 2014 | 4:31 PM ET
    Russian Prime Minister Dmitry Medvedev listens during a meeting with senior ruling United Russia Party officials in Moscow, Russia, Dec. 23, 2014.

    Global investors shouldn't be looking at Russia as the tip of a systemic Russia-leads-to-contagion crisis, Douglas Rediker said.

  • Fallout from Putin's plans  Tuesday, 23 Dec 2014 | 3:18 PM ET

    Russia's Prime Minister warned there's a risk of "a deep recession." Details, with CNBC's Eamon Javers, and Douglas Rediker, International Capital Strategies, who outlines risks to the overall global economy.

  • Russian opposition faces Internet censorship Tuesday, 23 Dec 2014 | 1:44 PM ET

    MOSCOW— Supporters of Russia's most prominent opposition leader on Tuesday revived their campaign to stage a protest near the Kremlin, despite government attempts to hamper their efforts by Internet censorship. Last week, prosecutors asked a court to sentence Alexei Navalny, President Vladimir Putin's chief foe, to 10 years in prison for allegedly...

  • S&P puts Russia on CreditWatch Negative  Tuesday, 23 Dec 2014 | 12:27 PM ET

    CNBC's Michelle Caruso-Cabrera reports Standard and Poor's has cut Russia's outlook.