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  • TALLINN, Estonia— Train service between the capitals of Russia and Estonia has been suspended due to declining demand, reportedly for the first time in six decades. The Estonian railway company GoRail said European Union sanctions against Russia have led to a sharp decrease in the number of Russians visiting Estonia, making the Moscow- Tallinn route...

  • Russian businessman may have been poisoned   Tuesday, 19 May 2015 | 11:20 AM ET
    Russian businessman may have been poisoned

    A Russian wealthy businessman who died suspiciously in 2012 may have been poisoned with a rare toxic plant. Bill Browder, CEO of Hermitage Capital Management, discusses.

  • HONG KONG— For Americans, there are cheaper vacations in Europe and lower-priced imports. A Chinese factory is selling fewer goods in Europe. In Europe, many exporters have benefited because a stronger dollar tends to make their products cheaper in the United States.

  • BRUSSELS, May 18- Russia avoided further diplomatic confrontation with Ukraine and the European Union at three-way trade talks on Monday and did not renew previous demands for Kiev's duty-free deal with the bloc to be put on hold. EU Trade Commissioner Cecilia Malmstrom highlighted the fact that all three parties jointly signed a statement that said the pact,...

  • Why Kerry-Putin talks could deliver a big surprise Monday, 18 May 2015 | 10:03 AM ET
    Secretary of State John Kerry (L) speaks with Russian President Vladimir Putin before a bilateral meeting at the presidential residence of Bocharov Ruchey in Sochi, Russia May 12, 2015.

    US Secretary of State John Kerry voiced his optimism after "frank discussions" with Russian President Valdimir Putin.

  • MOSCOW, May 18- Russia's rouble strengthened on Monday, helped by companies selling foreign currency ahead of end-of-month tax payments to the state budget and also by weak demand for dollars and euros. The rouble's rise came despite central bank purchases of foreign currency to top up its reserves-- a policy shift announced last week-- and modest losses in global...

  • West clings to fraying Ukraine deal despite doubts Sunday, 17 May 2015 | 8:13 AM ET
    Ukraine's President Petro Poroshenko gestures during a news conference in Kiev, in this Dec. 29, 2014 photo.

    Western powers are clinging to a fraying peace deal in Ukraine, even though NATO is warning that Moscow may be preparing for a new offensive.

  • ALMATY, May 16- A Proton-M carrier rocket carrying a Mexican satellite malfunctioned and burnt up over Siberia soon after launch on Saturday, the latest in a series of mishaps for Russia's space industry. Russia's space agency Roscosmos subsequently said in a statement that the satellite, booster and third stage burnt up almost entirely in the atmosphere with...

  • KIEV, Ukraine— A Russian rocket carrying a Mexican satellite malfunctioned Saturday shortly after its launch— the latest mishap to hit Russia's troubled space industry, whose Soviet-era glory has been tarnished by a series of launch failures. The rocket, a Proton-M, was launched from the Russia- leased Baikonur launch pad in Kazakhstan. A search for possible...

  • ALMATY, May 16- A Proton-M carrier rocket carrying a Mexican satellite malfunctioned and crashed in Siberia soon after launch on Saturday, the latest in a series of mishaps for Russia's space industry. The final stage of the Proton could still have contained a few tonnes of heptyl, a highly toxic rocket propellant, when it came down in the Chita region of Siberia,...

  • ALMATY, May 16- The final stage of a Russian Proton-M carrier rocket failed to deliver a Mexican communications satellite to the designated orbit and crashed in the Chita region of Siberia on Saturday soon after launch, Interfax news agency reported. The agency, quoting a source in Russia's space industry, gave no other details. Other Russian news agencies...

  • MOSCOW— The annulment of a contract for France to deliver a warship to Russia wouldn't strain ties between the countries, the Kremlin said Friday. The Russian business daily Kommersant reported that France has offered a refund of 785 million euros, while Russia wants France to pay nearly 1.2 billion euros. Asked about the report, Peskov wouldn't comment on how...

  • EBRD head throws hat into ring for second term Friday, 15 May 2015 | 11:55 AM ET

    TBILISI, May 15- The head of the European Bank for Reconstruction and Development, Suma Chakrabarti, fired the starting gun on Friday for what is likely to be a year-long race to become the bank's next chief, signaling he would like a second term. The EBRD was set up in 1991 originally to invest in the former Soviet bloc countries of eastern Europe.

  • EBRD eyes cooperation with Chinese-led Asian bank AIIB Friday, 15 May 2015 | 10:19 AM ET

    TBILISI, May 15- The European Bank for Reconstruction and Development said on Friday it was ready to cooperate on projects with China and its newly launched Asian Infrastructure Investment Bank. The EBRD, set up after the collapse of communism in central and eastern Europe, has in recent years expanded its area of operations to include other countries...

  • BELGRADE, Serbia— Russia's foreign minister has urged the European Union to support the idea of a Moscow- backed pipeline that would bring natural gas across the Black Sea to Turkey and the rest of Europe. Sergei Lavrov said Friday the pipeline— which could include Greece, Macedonia, Serbia and Hungary— would bring "energy stability" to Europe.

  • Russia's central bank to sell rubles   Friday, 15 May 2015 | 7:00 AM ET
    Russia's central bank to sell rubles

    Russia's central bank said it will begin selling rubles to grow its foreign currency reserves.

  • Russian reporter leaves Chechnya amid safety concerns Thursday, 14 May 2015 | 4:58 PM ET

    MOSCOW— Russia's leading independent newspaper has voiced concerns about the safety of one of its reporters in Chechnya and has pulled her from the region. Chechnya's Moscow- backed strongman, Ramzan Kadyrov, denied that the police officer was putting pressure on the girl or her family. Kadyrov, who has Chechnya under tight control, has President Vladimir...

  • More Russians think America is set to invade? Thursday, 14 May 2015 | 10:15 AM ET
    Russian servicemen march during the Victory Day parade at Red Square in Moscow, Russia, May 9, 2015.

    With US-Russian relations deteriorating, a new survey reveals more Russians fear the US, GlobalPost reports.

  • TBILISI, May 14- Russia's economic contraction will curb the growth prospects this year for ex-Soviet republics in central Asia and the Caucasus, the European Bank for Reconstruction and Development said on Thursday. Declining remittances from migrant workers in Russia will take a heavy toll on countries from Armenia to Tajikistan, while oil producers such...

  • TBILISI, May 14- Russia criticized on Thursday a decision by the European Bank for Reconstruction and Development to suspend further loans to the country over the Ukraine crisis and said the bank should not be swayed by "temporary political trends." Last year the London- based EBRD, set up in 1991 originally to invest in ex-Soviet bloc countries, halted fresh...