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  • Europe played 'too weak a hand' with Russia: Pro     Wednesday, 15 Oct 2014 | 4:30 AM ET

    Declan Ganley, Chairman and CEO of Rivada Networks, says Europe needs to rebuild relations with Russia but has played "too weak a hand" in dealing with its invasion of Crimea.

  • Russian Prime Minister, Dmitry Medvedev, comments on German/Russian relations and says that vacancies left by European companies in Russia will be filled by others if current sanction trends continue.

  • Russian natural gas producer Gazprom cut supplies to Ukraine in June after Kiev failed to pay gas debts which Russia says have now reached more than $5 billion. Ukraine faces a possibility of energy shortages this winter if no deal is reached, risking a replay of the disruptions to Europe's gas supplies seen in 2006 and 2009. Europe receives a third of its gas...

  • World needs six reserve currencies: Medvedev     Wednesday, 15 Oct 2014 | 2:00 AM ET

    Russia is a European and Asian country and therefore trades with both regions says Russian Prime Minister, Dmitry Medvedev. He also says that a higher number of reserve currencies would increase financial stability.

  • Time to reduce reliance on the dollar: Russia PM Wednesday, 15 Oct 2014 | 1:12 AM ET

    Russia's prime minister says the world must move away from its dependence on the dollar, arguing that the global economy would benefit as a result.

  • Joining EU would be risky for Ukraine: Medvedev     Wednesday, 15 Oct 2014 | 1:05 AM ET

    Ukraine must "decide for itself" says Russian Prime Minister, Dmitry Medvedev, adding that the country is not ready for an advanced economic partnership with the European Union.

  • Russian Prime Minister Dmitry Medvedev says that the sanctions against Russia have been "absolutely destructive" in terms of relations with Western countries.

  • TOKYO, Oct 15- Russia has proposed to Tokyo building a natural gas pipeline connecting fields in its far east with northern Japan, the Nikkei newspaper reported on Wednesday. An official in Japan's Ministry of Economy, Trade and Industry involved in gas and oil denied Tokyo had received an offer from Russia, when contacted by Reuters. Moscow and Tokyo have been...

  • MOSCOW, Oct 14- European companies in Russia warned on Tuesday they were being hurt by a Russian embargo on food imports as well as EU sanctions and risked being "sacrificed" in the standoff over Ukraine. In comments before Foreign Minister Sergei Lavrov delivered a speech to the Association of European Businesses in Russia, the group's chairman criticized the...

  • *Judges consider whether ECB bent rules with plan to buy bonds. LUXEMBOURG, Oct 14- Europe's top court heard a challenge on Tuesday to the European Central Bank's bond-buying scheme to contain the euro zone debt crisis, in a case underscoring deep concerns in Germany over ECB clout. An important signal will come on Jan. 14, when its adviser issues his view.

  • Serbia prepares hero's welcome for Putin Tuesday, 14 Oct 2014 | 10:05 AM ET

    BELGRADE, Serbia— Soldiers are marching, battle tanks are rumbling on the streets and fighter jets are flying overhead. It's Serbia preparing to stage a hero's welcome for Russian President Vladimir Putin with the country's first military parade in 30 years. The red carpet reception for Putin, as he arrives in Belgrade on Thursday, comes as Serbia finds itself...

  • Europe's top court weighs German challenge to ECB Tuesday, 14 Oct 2014 | 5:59 AM ET

    LUXEMBOURG, Oct 14- Europe's top court on Tuesday heard a challenge to the European Central Bank's landmark bond-buying scheme to contain the euro zone crisis in a case underscoring deep concerns in Germany over ECB clout. The challengers argue that the ECB's plan to buy the bonds of troubled countries would have resulted in losses for the ECB and euro zone...

  • UPDATE 1-Russia's Gazprom says Q2 net profit up 13 pct Tuesday, 14 Oct 2014 | 2:59 AM ET

    MOSCOW, Oct 14- Russian gas producer Gazprom said on Tuesday its second quarter net profit was up 13 percent to 227.6 billion roubles boosted by foreign exchange gains but still short of analysts expectations. A Reuters poll of analysts had expected Gazprom to post 234 billion roubles in the second quarter net profit, up from 202 billion roubles the same period...

  • Russian hackers target NATO, Ukraine and others -iSight Tuesday, 14 Oct 2014 | 12:01 AM ET

    BOSTON, Oct 14- Russian hackers exploited a bug in Microsoft Windows and other software to spy on computers used by NATO, the European Union, Ukraine and companies in the energy and telecommunications sectors, according to cyber intelligence firm iSight Partners. ISight said it did not know what data had been found by the hackers, though it suspected they were...

  • Donald Gimbel, CIO, Global Equities at Geneva Investment Management of Chicago and Dean Cheng, Research Fellow at the Heritage Foundation, agree that pragmatism is the key factor fueling China-Russia ties.

  • Oil should stay cheap for at least a few months Monday, 13 Oct 2014 | 4:26 PM ET

    Oil prices should stay at their currently low levels, or drop further, due to a "perfect storm" of risk factors.

  • Dark side of low oil prices     Monday, 13 Oct 2014 | 2:24 PM ET

    Russia and Venezuela both need higher oil prices to balance their budgets, reports CNBC's Michelle Caruso-Cabrera.

  • Annual Germany-Russia forum canceled as ties cool Monday, 13 Oct 2014 | 11:16 AM ET

    BERLIN— An annual meeting meant to foster dialogue between Germany and Russia has been postponed indefinitely amid tension between the two countries over the conflict in Ukraine. Petersburg Dialogue said Monday that this year's event, due to take place in Sochi, Russia, at the end of October, has been called off. Like many western countries, Germany has...

  • MOSCOW, Oct 13- Russia and China signed energy, finance and trade deals on Monday hailed by Moscow as evidence a policy turn towards Asia will help it weather Western sanctions imposed over the Ukraine crisis. The agreements, signed during a visit to Moscow by Chinese Premier Li Keqiang, built on moves by President Vladimir Putin to look east for business and...

  • *S&P downgrades Finland, cuts France's outlook. *Italy sells 6.75 billion euros of bonds. LONDON, Oct 13- Euro zone bond yields held near record lows on Monday as Standard& Poor's credit rating downgrade of Finland and its cut in France's outlook to negative added to concerns about a deteriorating global growth outlook.