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World Economy

  • An employee places a bottle of vodka on a counter during the agro-industrial exhibition "Agrorus" in St. Petersburg, Russia, April 4, 2014.

    Russian President Vladimir Putin ordered a cap on rising vodka prices, as he battles to preserve his popularity.

  • A customer collects her change after purchasing dairy products at a delicatessen counter inside the Dorogomilovsky food market in Moscow, Dec. 23, 2014.

    Slumping oil prices have put Russia's economy on course for a sharp recession next year, its finance minister said on Friday.

  • Underneath the euphoria of an improving job market, there's one nagging statistic and it reveals the real job killer, says Peter J. Tanous.