NASA should save more than $12 million a seat flying astronauts on commercial space taxis rather than aboard Russian capsules.» Read More
NEW YORK, Jan 26- The euro rebounded on Monday as investors took advantage of steep losses sustained during two days of dramatic selling, with the final push down to a fresh 11- year low coming after elections in Greece put an anti-austerity government in power. Greece elected, as expected, left-wing leader Alexis Tsipras of the anti-bailout Syriza party.
MOSCOW— Russian security forces raided independent Crimean television station ATR on Monday, seizing equipment and telling employees they were looking for archival footage of an anti- Russia protest last year, station officials said. In an emotional video posted on YouTube, deputy director Liliya Budzhurova said that armed men from Russia's Investigative...
Tumbling oil prices and Western sanctions over Russia's role in Ukraine have pushed the rouble to record lows and fuelled price rises. "Unlike during the 2008-2009 crisis, now there is a significant decline of real disposable incomes in Russia so food budgets will most likely fall," said Ekaterina Lipatova, an analyst at Moody's Investors Service.
MOSCOW, Jan 26- Russian officials will have to revise the spending priorities of one of Russia's two "rainy day" funds, daily newspaper Vedomosti reported on Monday, as officials scramble to find ways to fight a deepening financial crisis. Citing sources in Russia's financial and economic sectors, Vedomosti said officials needed to find ways of funding its "...
To avoid being called a party to the conflict, as Ukraine and the West see it, Russia is pushing the Ukrainian government to speak directly to the rebels. "is not even an army, it's a foreign legion, in this case a NATO foreign legion," Putin said, adding that it's serving the goal of "the geopolitical containment of Russia, which absolutely don't coincide with the...
MOSCOW, Jan 26- The Russian rouble fell sharply on opening on Monday, following a weekend of violence in eastern Ukraine and threats of further Western sanctions against Russia. President Vladimir Putin blamed "criminal orders" by Ukrainian leaders on Friday for a surge in fighting in east Ukraine, and Russian-backed separatists struck a bellicose tone in...
The euro may be the Charlie Brown of currencies. Like the comic character, it's under a cloud of negatives, with analysts tipping further downside.
Barack Obama said on Sunday that the U.S. would consider all additional options short of military action to rein-in Moscow's activities in Ukraine.
Unexpectedly, at the height of the Ukrainian winter, war has exploded anew on a half-dozen fronts across eastern Ukraine. The New York Times reports.
Russian business owners in the United States feel pressure from the ruble's collapse and the country's ongoing downturn.
At Davos, Irakli Garibashvili, Prime Minister of Georgia wants a greater international response to the Ukraine crisis.
As the U.S. draws closer to Cuba, here's what American travelers can expect to see in colorful Havana.
Norway may be Europe's biggest oil exporter, but its premier is less concerned about energy prices than security issues around terrorism and Russia.
DAVOS, Switzerland— Russian Prime Minister Igor Shuvalov, speaking at the World Economic Forum in Davos, on Friday warned the West against trying to topple President Vladimir Putin and said that Russians are ready to sacrifice their wealth in Putin's support. Russia has for the past year been sliding into recession amid a slump in its energy export prices as...
LONDON, Jan 23- Emerging equities were headed on Friday for their biggest weekly gain in 10 months, while bonds and currencies rallied across the board, thanks to the European Central Bank's trillion-euro stimulus pledge. MSCI's emerging equities index was more than 1 percent higher after the ECB on Thursday announced details of its planned bond-buying...
The European Central Bank said on Thursday it would buy 60 billion euros of bonds a month starting in March, boosting Russian assets. Russia's key interest rate is at 17 percent, more than 10 percent higher than in most Western countries. The rouble was also supported on Friday by higher prices for oil, Russia's chief export.
Oleg Deripaska, president of Rusal, says it is unclear whether the Russian government will enact reforms due to the low oil price.
Herman Gref, CEO of Sberbank, says the low oil price has created a "dramatic" situation for Russian banks and some will go bust.
Vagit Alekperov, CEO of Lukoil, says OPEC is not targeting Russian oil producers but instead it's aiming at "alternative" oil companies.
Discussing the Ukraine crisis, Pavlo Klimkin, minister of foreign affairs in Ukraine, weighs in on why there's no progress with other countries on the Minsk agreement.