Russian oligarchs are facing the prospect of economic fallout from the Ukrainian crisis. CNBC's Robert Frank discusses punishing the oligarchs.» Read More
Around the world, people’s relationship with alcohol varies greatly. In some places it is a point of national identity, in others it has become detrimental to a country's overall health.
Russia, which pumps more oil than Saudi Arabia, is reaping a windfall from the steep rise in global energy prices resulting from instability in oil regions of the Middle East and North Africa. The New York Times reports.
With data from the Energy Information Administration (EIA), a division of the Department of Energy, CNBC.com took a look at the countries that produce the most crude oil on a daily basis.
The "Mad Money" host would avoid putting money into these three areas.
It's in Russia, Brazil and in the developing markets where the automakers will lay the groundwork for their success later this decade.
Many economists think he should be the next person to run the European Central Bank. But among government leaders in Berlin and Paris, where many of Europe’s most important decisions are made, Mario Draghi, the governor of the Bank of Italy, generates a palpable lack of enthusiasm, reports the New York Times.
Canada has been a popular place for investors to safely invest, but the "Fast Money" traders suggest that may be changing.
I spent some time over NBA All-Star Weekend with Mikhail Prokhorov, Russia’s second richest man and owner of the New Jersey Nets, who bought the team nine months ago. I had watched the “60 Minutes” piece on Prokhorov and have obviously read up on what made him a successful business man, but that didn’t prepare me for what I encountered when I entered his suite at the Beverly Wilshire in Beverly Hills on Sunday.
A new law devised to help Greece crack down on tax cheats is only one of the many efforts Greek authorities have made over the past year to change what has long been a way of life in this country — rampant tax evasion. But so far, to little avail. The New York Times reports.
From his hotel suite in Beverly Hills, New Jersey Nets owner Mikhail Prokhorov was playing coy on Sunday afternoon when asked what exactly happened in his short meeting with Denver Nuggets forward Carmelo Anthony yesterday.
Click to see international political scandals that raised eyebrows and kept the tabloids in wide circulation.
The Egyptian military defends the country, but it also runs day care centers and beach resorts. Since the ouster last week of President Hosni Mubarak, of course, the military also runs the government. And some say it has already begun taking steps to protect the privileges of its gated economy, reports the New York Times.
Spanish savings banks, which have been ordered to raise more capital by the government, are facing an uphill struggle to persuade investors to help them improve their balance sheets, reports the New York Times.
Safety and environmental fears made the United States wary, but oil companies are eager to follow Russia in, the New York Times reports.
Russia boasted 114 dollar billionaires at the end of last year, according to an annual ranking of the country’s richest 500 published on Monday by Finans magazine. The new record represents a remarkable comeback for a breed that seemed endangered when Russia’s stock market hit rock bottom in February 2009.
Switzerland has witnessed an inflow of Russian oil traders, bolstering the country’s claims to be the world’s leading trading center for physical oil, industry executives said. The FT reports.
The French financial markets regulator has begun to require hedge funds and other investment managers to disclose their short positions when they reach 0.5 percent of a company’s outstanding stock, reports the New York Times.
A central banker need not be loved, but at the least he should command respect — and in Britain these days Mervyn King cannot count on either, reports the New York Times.
As protests continued for a 12th day, Egypt's newly named vice president and other top military leaders were discussing steps to limit President Mubarak’s decision-making authority and possibly remove him from the presidential palace in Cairo, the NYT reports.
When the heads of the EU meet in Brussels on Friday, they will hear new ideas on how to save the euro, delivered by Mrs. Merkel and the French president, Nicolas Sarkozy, but written largely in Berlin, reports the New York Times.