Eduard Zehetner, CEO of Immofinanz, explains that he wrote off exposure to Ukraine property five years ago, but that investments in Moscow property are the most profitable he has in his portfolio.» Read More
A top German official at the European Central Bank on Monday defended the bank’s plans to intervene in bond markets to push down borrowing costs for businesses and encourage economic growth. The position puts him at odds with the president of Germany's central bank and highlights a growing split in the country’s policy-making elite.
Putin's new Russia feels a lot like the old one, where intimidation and thuggery have trumped democracy, says CNBC's Maria Bartiromo.
Investing abroad always poses risk but if you’re careful, though, you can profit nicely in overseas markets, some with double-digit year-over-year growth.
Eurasia analyst Carroll Colley, offers insight on Russia's entrance into the World Trade Organization today, and whether this could help lure business and investments to Moscow in spite of recent government crackdowns.
Sound corporate earnings, cheap valuations and Russia’s entry into the World Trade Organization make the country's equity market stand out among its emerging-market peers, fund mangers say. Russian stocks, for example, are the cheapest among the equity markets of the BRIC countries – Brazil, Russia, India and China.
Russ Koesterich, Global Chief Investment Strategist, BlackRock's iShares Group says that Russian stocks are cheap and that risks are already priced into markets.
Russian chess champion Gary Kasparov reacts to the arrests of the Russian punk band, and discusses the legal action he planning against the Russian police who he claims attacked him.
Riots are heating up in Russia as a 2-year prison sentence was given to a popular Russian punk band that spoke out against the government, with Nationally Syndicated Radio Talk Show Host John Batchelor.
The U.S. may have committed a strategic error in not recognizing Turkey as a geographic bridge and trade center earlier.
Turkey’s roaring economy has earned it the nickname “New Tiger” among foreign investors -— who are pouring money into the country.
Ankara’s effort at energy self-sufficiency will mean dishing out big contracts without offending any of its major trade partners.
Dominated by a highly-regarded banking sector and flourishing consumer goods industry, Turkey’s stock market is easy for foreign investors to access.
For years, the prospect of Turkey joining the EU wasn't taken seriously. But Turkey has embarked on a series of economic and political reforms, making it more palatable to EU members.
Russian Billionaire Andrew Melnichenko is building what is likely to become the largest sailing yacht in the world.
Dmitry Chernyshenko, CEO of Sochi 2014 says the organizers of London 2012 should be extremely proud as it has been exceptional.
CNBC's Joe Kernen reports Russia's space agency took a hit this morning after its Proton rocket failed soon after launch.
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.