Ukraine's parliament passed a law on Tuesday that will give "special status" to the east of the country including a degree of self-governance.» Read More
KIEV, Ukraine— European leaders said Friday that they would allow Ukraine to delay putting a landmark trade deal into effect, a major concession to Russia which has repeatedly threatened retaliation if Kiev implements the measure.
Former Ukrainian President Viktor Yushchenko says Ukraine needs "military and technical aid".
Governor of Donetsk Serhiy Taruta says world leaders have not done enough to stop Russian aggression.
MOSCOW, Sept 12- President Vladimir Putin took a break from his official duties to slip into a Russian Orthodox Church this week and light a candle for fighters killed in eastern Ukraine. "I left a candle for those who died defending people in Novorossiya," he told reporters after emerging from the Church of the Holy Trinity on a Moscow hilltop.
SINGAPORE, Sept 12- Brent crude fell below $98 a barrel on Friday, heading for its worst week in six, as concerns over weak demand outweighed geopolitical worries in the Middle East and Ukraine.
Viktor Shvets, Head of Strategy Research, Asia at Macquarie, explains why tensions across the Middle East and Africa pose greater risks than the Russia-Ukraine crisis.
SINGAPORE Sept 12- U.S. crude futures climbed higher on Friday, rising on concerns that Western air strikes in Syria could lead to further confrontation with Russia, although prices were still close to 16- month lows.
WASHINGTON, Sept 11- The United States will take new steps on Friday to limit the access of major Russian banks, including Sberbank, to U.S. debt and equity markets to punish Russia for its intervention in Ukraine, sources familiar with the matter said.
Treasury sold $13 billion in 30- year bonds to solid demand. "If it comes in stronger, the market will continue to ignore weak payrolls and focus on all the positive data we've seen," said Richard Gilhooly, an interest rate strategist at TD Securities in New York.
Discussing why Fed policy trumps geopolitical turmoil when it comes to market impact, with Wayne Wilbanks, Wilbanks, Smith and Thomas Asset Management, and Jeremy Hill, Old Blackheath Companies.
The United States and its European Union allies announced Thursday that they will be increasing their sanctions against Russia.
MOSCOW, Sept 11- Russia's Foreign Ministry said on Thursday that the European Union had shown itself to be against the peace process in Ukraine by imposing a new set of sanctions against Moscow. "By taking this step, the European Union has de facto made its choice against a peaceful resolution of the inter-Ukrainian crisis," it said in a statement.
WASHINGTON— President Barack Obama says the U.S. is moving ahead with tougher economic sanctions on Russia over what the U.S. says are Russia's illegal actions in Ukraine. Obama says the sanctions will affect Russia's financial, energy and defense sectors. The U.S. penalties are paired with a new round of European Union sanctions announced Thursday in Brussels.
The White House and the European Union have just announced deepened sanctions on the financial, energy and defense sectors of Russia, reports CNBC's John Harwood.
*Gazprom writes off 71.3 bln roubles over Ukraine debt. MOSCOW, Sept 11- Russia's Gazprom reported a 41 percent fall in first-quarter net profit after cutting prices for gas deliveries to Ukraine, and has lowered projections for exports and gas prices in Europe, its main source of revenue.
Traders are concerned that longer-term global growth will impact demand for crude oil. So will producers scale back?
European leaders agreed to push ahead with a package of sanctions against Russia by the end of the week in response to Moscow's policy on Ukraine. "We have a number of non-agricultural products where our partners, primarily European, are more dependent on Russia than Russia on them," Kremlin economic aide Andrei Belousov was quoted as saying.
BRUSSELS— The European Union on Thursday slapped more sanctions on Russia for helping separatists destabilize Ukraine, limiting Russia's access to its financial market, hitting the country's vital oil industry, curbing high-tech exports and targeting more officials with travel bans and asset freezes.
BRUSSELS— The European Union has decided to slap new economic sanctions on Russia over its actions in Ukraine, diplomats said Thursday.
WARSAW, Poland— A spat has broken out between Poland and Russia over what Warsaw claims is a sharp drop in natural gas supplies. Amid the counterclaims, Poland said it was obliged to stop sending gas on to Ukraine, which has been relying on imports from European countries since it was cut off by Russia in June.