Moscow shipped more troops and armor into Crimea on Friday, showing no sign of bowing to Western demands to pull back.» Read More
Russia has yielded many leading industrial companies that rank among global leaders in mining, metallurgy, petrochemicals and telecommunications. Despite the rapid development of the regional economy and the strides made over the past 20 years, WTO membership promises to be an important catalyst for growth in the Russian market.
Greece's official lenders are signaling a growing reluctance to keep paying the bills of the nearly bankrupt nation, even as the government seeks leniency on its bailout terms.
Signs that cracks in the euro zone are widening sent markets on the Continent down sharply on Monday, as doubts grew about Greece’s ability to make good on its debt payments and Spain’s economy — the region’s fourth largest — was straining under the pressure of the government’s austerity measures, the NYT reports.
There are plenty of investors and analysts who are optimistic. After three straight months of outflows, emerging market equity funds tracked by EPFR Global attracted more than $700m of investments in the first two weeks of July, reports the Financail Times.
For years, law enforcement officers and smugglers have played cat and mouse in Europe, where contraband cigarettes are stashed in everything from furniture shipments to loads of Christmas trees, the New York Times reports.
Adolfo Laurenti, Deputy Chief Economist & MD, Mesirow Financial, says BRIC economies face structural changes and that they need a new recipe for growth.
As big banks face the fallout from a global investigation into interest rate manipulation, American and British lawmakers are scrutinizing regulators who failed to take action that might have prevented years of illegal activity, the New York Times reports.
While it was big news when the Barclays chairman, Marcus Agius, resigned Monday over his bank’s role in the Libor rate-fixing scandal. Less noticed was his other resignation that same day, the New York Times reports.
With ample oil and gas, Russia has the foundation to fuel its economic growth, while China and India are already suffering from power shortages. Brazil has a chance to excel but it is too soon to tell.
Radical Islamist Mohammed Morsi won Egypt's first election since Mubarak, and now he says he wants to "re-think" peace with Israel. Radio talk show host John Batchelor, offers insight.
Discussing reports that Syrian air defenses shot down a Turkish fighter jet and the tension in the Middle East over oil, with Helima Croft, Barclays Capital and radio talk show host John Batchelor.
There is a larger measure of agreement on solving the euro zone debt crisis, as everybody understands the seriousness of the situation, the IMF's first deputy managing director tells CNBC at the Saint Petersburg International Economic Forum.
Secret negotiations among dozens of countries preparing for a UN summit could lead to changes in a global treaty that would diminish the Internet's role in economic growth and restrict the free flow of information.
Europe is a "big question mark" for commodity markets but at the same time demand for aluminum is strong, Klaus Kleinfeld Alcoa Chairman and Chief Executive Officer, told CNBC on Friday at the Saint Petersburg International Economic Forum.
The current slowdown, which is making other CEOs think about cutting investment because of the uncertainty, is a good period for Cisco to invest.
The French President is determined to show the French that he is willing to stand up to Berlin, to push the German Chancellor to contribute even more than before toward a lasting solution of the euro mess. The New York Times reports.
Oil fell to its lowest levels in a year and a half on Thursday, the outlook for oil remains weak and sanctions imposed on Iran are likely to make matters worse, Dan Yergin, co-founder and chairman of energy research consultancy Cambridge Energy Research Associates (IHS CERA) told CNBC.
Western policymakers are "making fools" of themselves in the eyes of people in emerging markets as no initiative to end the euro zone crisis has emerged in more than two years, an economist told CNBC at the St. Petersburg International Economic Forum (SPIEF).
Vladimir Lelekov, CEO of Russia's Brunswick Rail, told CNBC at the Saint Petersburg International Economic Forum that it's become much more expensive to grow his business.
Russia remains a strong market with a wealth of opportunities despite growing concerns that the political system in the country is breeding dissent among the population, Joe Jimenez, CEO at Novartis told CNBC's “Squawk Box Europe”.