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  • Mikhail Khodorkovsky

    Mikhail Khodorkovsky's release after 10 years in jail reflects Putin's consolidation of power in Russia.

  • Why one oil tycoon expects a pardon from Putin Thursday, 19 Dec 2013 | 2:31 PM ET
    Former Yukos chief Mikhail Khodorkovsky in 2010.

    News that Vladimir Putin plans to pardon the former head of Yukos shocked even the most optimistic businessmen in Russia.

  • The Countdown: Enough snow for Sochi?  Thursday, 19 Dec 2013 | 1:29 PM ET

    CNBC's Michelle Caruso-Cabrera reports on 3 stories overseas, including whether Sochi will have enough snow for the Olympics.

  • Winter Olympics in the subtropics: Just add snow Thursday, 19 Dec 2013 | 11:18 AM ET
    A sign that reads "Rentals" with a skiing snowman stands in the middle of a snow-free skiing area last February, near Sochi 2014 Olympic venues.

    It's hard to find a spot in Russia without snow. "But Putin found such a spot and decided to hold the Winter Olympics there," says one Russian critic.

  • Congress needs a 'Hail Mary' plan: Friedman  Thursday, 19 Dec 2013 | 8:17 AM ET

    Thomas Friedman, New York Times columnist, weighs in on the strength of the U.S. economy. I believe a huge stimulus would be if both parties got together and did some kind of grand bargain, Friedman says.

  • Are we seeing a 'frightened' China?: Friedman  Thursday, 19 Dec 2013 | 8:09 AM ET

    Thomas Friedman, New York Times columnist, takes a look at global risks and weighs in on China. China is always going to be the big enchilada, says Friedman.

  • Putin says will soon pardon jailed oil tycoon Thursday, 19 Dec 2013 | 7:59 AM ET
    The ex-head of Yukos Mikhail Khodorkovsky (centre) and Menatep chief Platon Lebedev during sentencing at the meshchansky court, may 30, 2005, Moscow, Russia.

    Russian President Putin said he would soon pardon jailed oil tycoon Mikhail Khodorkovsky, who still has eight months left to serve.

  • Russia is keeping 'leverage' on Ukraine: Pro  Thursday, 19 Dec 2013 | 4:30 AM ET

    Otila Dhand, vice president at Teneo Intelligence, highlights that many aspects of the Russian deal with Ukraine remain unclear and that Moscow is keeping "leverage" with its bond-buying conditions.

  • What Russia's aid package means for Ukraine  Wednesday, 18 Dec 2013 | 11:35 AM ET

    Lilit Gevorgyan, senior economist at IHS Global Insight, discusses the Russian aid package for Ukraine which includes bond buying and reduced gas prices, and what it means for the Ukrainian economy.

  • More political drama ahead at the 2014 Olympics Wednesday, 18 Dec 2013 | 11:27 AM ET

    Political drama will surround 2014 Olympics, India adjusts easily to increase in US interest rates, and businesses are back in Iran.

  • Excess capacity in China: IP CEO  Wednesday, 18 Dec 2013 | 7:34 AM ET

    It's tough to produce profits in China, says John Faraci, International Paper chairman & CEO, explaining why his company is looking to find growth in Russia.

  • Ukrainian protest called over $15B Russian bailout  Wednesday, 18 Dec 2013 | 6:46 AM ET

    CNBC's Michelle Caruso-Cabrera has the latest details on Russia's bailout plans with Ukraine.

  • Ukraine bonds rally on deal  Tuesday, 17 Dec 2013 | 11:10 AM ET

    CNBC's Michelle Caruso-Cabrera reports on the announced Ukraine rescue package by Russia for the purchase of $15 billion in government bonds.

  • Russia to cut Ukraine gas price by one-third Tuesday, 17 Dec 2013 | 10:37 AM ET
    Gas control valves on pipework bringing gas from Russia in Kiev, Ukraine.

    To help avert a financial crisis, Russian President Vladimir Putin announced Russia's gas supply prices to Ukraine will be cut by one-third.

  • Russia and Ukraine sign deal  Tuesday, 17 Dec 2013 | 10:14 AM ET

    CNBC's Michelle Caruso-Cabrera reports Vladimir Putin has announced a deal to buy Ukrainian government bonds for $15 billion.

  • Spending won't solve Russia's problems: Economist  Thursday, 12 Dec 2013 | 4:20 AM ET

    Commenting on President Putin¿s state-of-the-nation speech, Liza Ermolenko, emerging markets economist at Capital Economics, warns that Russia needs to reform to attract more investment as growth slows down.

  • Time to invest in Russia?  Thursday, 12 Dec 2013 | 1:30 AM ET

    Jesse Sherman, portfolio manager at Renaissance Asset Managers, says there is an "interesting" investment environment in Russia.

  • The $10 billion man out to change Russia's image Wednesday, 11 Dec 2013 | 11:57 AM ET

    "Capitalistic Russia is only 20 years old," says the manager of Russia's newest sovereign wealth fund. "So it is building institutions."

  • Spotlight on investing in Russia  Wednesday, 11 Dec 2013 | 6:42 AM ET

    CNBC's Michelle Caruso-Cabrera takes a look inside the Russia Direct Investment Fund with CEO Kirill Dmitriev, and discusses investing in his home country and problems associated with infrastructure construction there.

  • Russia eyes Arctic in global energy power struggle Tuesday, 10 Dec 2013 | 1:20 PM ET

    Vladimir Putin ordered Russia's military to increase its focus on the Arctic and finish plans to upgrade military bases there.