Vladimir Putin


  • SYDNEY, Dec 19- London copper futures inched up in early trade on Friday as oil prices climbed, while Shanghai futures dipped on gloomy Chinese housing data. *The most-traded copper contract on the Shanghai Futures Exchange slipped 0.44 percent to 4,5340 yuan a tonne. *China's top refined lead producer Henan Yuguang Lead and Gold Ltd has cut its output by up to 30...

  • EU leaders ready long confrontation with Russia Thursday, 18 Dec 2014 | 8:54 PM ET

    *EU leaders lay ground for long-term common front toward Moscow. BRUSSELS, Dec 19- European Union leaders warned Moscow they were ready exercise their combined muscle over the long haul in a confrontation with an economically wounded Russia if President Vladimir Putin refused to pull back from Ukraine. "It is obvious we will not find a long-term perspective for...

  • -Lipper@ NEW YORK, Dec 18- Investors in U.S.-based funds pulled $831 million out of emerging market stock funds through the week ended Dec. 17, the third straight week of ouflows, data from Thomson Reuters' Lipper service showed on Thursday. In addition, the same collapse in oil prices that has pressured Russia has also affected other emerging markets.

  • *Wall Street gains more than 2 pct. NEW YORK, Dec 18- Global equities markets rallied on Thursday, with Wall Street surging nearly 2.5 percent, as investors buoyed by policy comments from the U.S. Wall Street powered higher, with the S&P 500 putting up its best two days of gains since November 2011, according to Reuters data.

  • The greenback hit a 28- month high against the Swiss franc at 0.9847 franc after the Swiss National Bank said it would impose an interest rate of -0.25 percent on some large deposits held by investors in francs, as it seeks to discourage buying of the currency as a safe haven. The euro hit its lowest level against the dollar since Dec. 8, at $1.2266, while the dollar...

  • Putin deflects criticism  Thursday, 18 Dec 2014 | 2:28 PM ET

    Vladimir Putin blamed the west and U.S. for Russia's current economic situation. Details on Putin's press conference, with CNBC's Dina Gusovsky.

  • Russian reserves might be half of what Putin claims Thursday, 18 Dec 2014 | 1:44 PM ET
    Russian 500 and 1,000 denomination ruble banknotes are shown outside a foreign currency exchange in London, Dec. 17, 2014.

    Depending on who's doing the math, Russia's usable hard currency reserves are now either running low, or at a healthy $400 billion-plus.

  • *Wall Street on track for second day of strong gains. NEW YORK, Dec 18- Global equities markets rallied on Thursday, with Wall Street up more than 1 percent for a second straight day with investor sentiment buoyed by comments from the U.S. Wall Street primary dealers, on average, expect the first rate hike to come in June 2015, according to a Reuters poll.

  • Obama waives sanctions authority despite new law Thursday, 18 Dec 2014 | 1:31 PM ET

    WASHINGTON— President Barack Obama signed legislation Thursday authorizing new sanctions on Russia but said he does not plan to impose the penalties outlined in the measure. The U.S. and Europe have sought to present a united front against Russia over Moscow's provocations in Ukraine. Obama has told Russian President Vladimir Putin he would roll back U.S....

  • O'Neill: Putin must change path  Thursday, 18 Dec 2014 | 1:19 PM ET

    Discussing the fall of oil, and the state of Russia's economy, with Jim O'Neill, Fmr. Goldman Sachs Asset Management Chairman.

  • Russia's cash already fled. Here's where it went Thursday, 18 Dec 2014 | 1:15 PM ET
    An employee counts Russian ruble banknotes at a private company's office in Krasnoyarsk, Siberia, December 17, 2014.

    A CNBC.com analysis of money flows shows that large cash hoards have already left Russia, much of it stashed in former Soviet states.

  • Putin: Economy will recover over 2 years  Thursday, 18 Dec 2014 | 1:08 PM ET

    Russian President Vladimir Putin says the Russian economy will grow, and is not yet calling it a crisis. CNBC's Geoff Cutmore reports Putin blamed the West for escalating the crisis in Ukraine, but is interested in a diplomatic solution.

  • FACT CHECK: Putin on the ruble collapse, Ukraine Thursday, 18 Dec 2014 | 12:37 PM ET

    MOSCOW— A fact-checking look at some of Russian President Vladimir Putin's statements on the ruble collapse and the Ukrainian crisis from his annual news conference Thursday:. Despite Putin's repeated pledges to steer Russia's economy away from oil and gas, those two industries still account for more than half of government revenues. He acknowledged that...

  • *Russia would have to raid "rainy day" funds. LONDON, Dec 18- Defending the rouble has cost Russia around $80 billion this year, and depending on who's doing the calculations, its usable hard currency reserves are now either starting to run low, or at a healthy $400 billion- plus. Russia's currency has lost about 45 percent against the dollar this year due to diving...

  • The one person who can bail out Putin Thursday, 18 Dec 2014 | 11:48 AM ET
    German Chancellor Angela Merkel and Russian President Vladimir Putin

    Resolving the Russia-Ukraine dispute is critical. Here's the one person who can do that, says Jason Bordoff and Carlos Pascual.

  • *Wall Street on track for second day of strong gains. NEW YORK, Dec 18- Global equities markets rallied on Thursday, with Wall Street up more than 1 percent for a second straight day on what investors viewed as a favorable result from the Federal Reserve's most recent meeting. A Reuters poll of Wall Street dealers puts expectations for the first interest-rate...

  • Grybauskaite: Putin looking for 'someone to blame'  Thursday, 18 Dec 2014 | 11:20 AM ET

    At the EU Summit, CNBC's Hadley Gamble discusses Vladimir Putin's "swipe" at EU leaders, whilst talking to Finland's prime minister Alexander Stubb and Lithuania's Dalia Grybauskaite about Putin's speech.

  • NEW YORK, Dec 18- The U.S. dollar rose against major currencies for a second straight session on Thursday after the Federal Reserve signaled it would hike rates next year and the Swiss National Bank's statement that it would introduce negative interest rates. "The dollar strength today is a continuation of the Fed reaction," said currency strategist Vassili...

  • EU leaders agree to fund for jumpstarting growth Thursday, 18 Dec 2014 | 9:21 AM ET

    BRUSSELS— European Union leaders agreed Thursday to create a strategic investment fund that could generate up to 315 billion euros in private- and public-sector money to upgrade infrastructure, jumpstart the EU's sluggish economies and ignite job growth. The plan approved by leaders of the 28- nation EU at their one-day summit meeting in Brussels calls for...

  • Cramer: Can't get too bullish, Putin a menace  Thursday, 18 Dec 2014 | 9:07 AM ET

    CNBC's Geoff Cutmore reports Russian President Vladimir Putin has signed off on the central banks big interest rate hike. Jim Cramer provides insight.