Russian President Vladimir Putin ordered a cap on rising vodka prices, as he battles to preserve his popularity.» Read More
Steven Pifer, senior fellow at the Brookings Institute, says the Ukrainian president's options are getting "very narrow", as protests against his decision to call off a deal with the European Union continue.
Ukraine's rejection of a EU trade deal, was met with dismay. However, economic analysts said a move towards Russia and away from Europe could benefit Ukraine over the coming months.
Kingsmill Bond, chief strategist at Sberbank Investment Research, discusses investing in the Russian market.
Entrepreneurial activity is bubbling up around the globe—from Africa to South America—as more governments look for avenues of economic growth.
Erik Berglof, chief economist at EBRD, explains that the recovery in central and Eastern Europe should be much slower than expected and that a "renewed focus" on reforms is needed.
The Olympics in Sochi will surpass $50 billion, making it the most expensive games ever. Some experts say the costs far outweigh the benefits.
Christopher Weafer, senior partner at Macro-Advisory, says that Russia has to be more active with its economic policy after the Economy Ministry slashed its growth forecast for the country.
Israeli military forces destroyed a stockpile of Russian missiles that the Syrian government was reportedly prepared to deliver to Hezbollah, reports CNBC's Seema Mody.
Russia doesn't have the most positive reputation abroad. It's trying hard to change that.
China is establishing itself as a credible competitor in the global weapons market. The NYT reports.
Atanas Bostandjiev, U.K. and international CEO of VTB Capital, says that due to the situation in the U.S., now is a good entry point for the "emerging markets investor" and says the Russian "story is still very constructive".
Nicolas Bertrand, head of equity and derivatives at the London Stock Exchange Group, talks about the LSE's international order book as the exchange holds a Russia Day special event.
The U.S. government shutdown leaves cybersecurity experts fearing the Department of Defense's computer networks may be more at risk.
Arjuna Mahendran, CIO, Wealth Management Division of Emirates National Bank of Dubai says China and Russia are taking a much bigger role in world affairs in what could be the beginning of a new world order as the U.S. starts growing more insular.
Two Russian multimillionaires racked up a $207,116 bill between them in a head-to-head contest at a London nightclub, to see who could amass the biggest bar tab.
Azerbaijan's President Ilham Aliyev was elected to serve a third term on Wednesday evening but voting was marred by local media reports that suggested the results were released even before the polls opened.
If you want to break OPEC, approve the long-delayed Keystone XL oil pipeline, T. Boone Pickens tells CNBC.
Five years after Lehman Brothers collapsed, families in major countries around the world are still too spooked to take chances with their money.
Now that the U.S. has edged past Russia as the world's largest oil and gas producer, the drumbeat to export some of that oil bounty might get louder.
A WSJ headline says the U.S. is "overtaking Russia" as the largest oil and gas producer. Dan Pickering of Tudor, Pickering, Holt & Co. says the U.S. is importing about 8 million barrels today, and Carl Larry of Oil Outlooks and Opinions, talks about the benefit refiners are seeing right now.