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Vladimir Putin

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  • The West has accused Russia of using gas as a tool to increase its political influence over countries like Serbia. Russia last year scrapped plans for another pipeline in southern Europe— that was to pass through Serbia— amid a deepening crisis with the West over Ukraine. Serbia has refused to join Western sanctions against Russia over its policies in Ukraine.

  • *Russia to meet OPEC next week, likely to stick to strategy. MOSCOW/ LONDON, May 27- As Russia prepares to meet OPEC next week, a briefing paper from a Moscow think tank has shed light on how the government was warned against cutting oil output late last year even though global prices were plummeting. "If Russia cuts output, OPEC will take our market share in Europe," a team...

  • Putin expects sanctions against Russia to be lifted Tuesday, 26 May 2015 | 8:02 AM ET

    MOSCOW— Russian President Vladimir Putin has encouraged businesses to expand domestically before Western nations lift economic sanctions, allowing once again the sale of many foreign goods in Russia. Russia's economy is expected to contract 3.8 percent this year in the World Bank's estimates, battered by the sanctions and capital outflows.

  • Failed launches cast shadow over Russian space program Thursday, 21 May 2015 | 3:58 AM ET

    MOSCOW— Back-to-back rocket launch failures have dealt Russia one of the heaviest blows to its space industry since the Soviet collapse— with national pride and billions of dollars at stake. The setbacks threaten to erode Russia's leading position in the multibillion global launch market, in which it commands an estimated 40 percent share, and dent President...

  • Russia budget crunch shows no quick end to economic pain Wednesday, 20 May 2015 | 2:18 PM ET

    MOSCOW, May 20- Russian Finance Minister Anton Siluanov warned on Wednesday the country would face no choice but to rein in public spending over the next few years, highlighting how Russia is still in deep economic trouble even if it has dodged an immediate meltdown. Russia was tipped into crisis by last year's sharp drop in oil prices, compounded by Western...

  • *Putin says new law paves way for Ukraine default. MOSCOW, May 20- Russia on Wednesday demanded the timely repayment of all debts owed to it by Ukraine and accused Kiev of effectively preparing the way for default with a new law. Moscow, whose relations with Kiev have been wrecked by a year-long conflict in eastern Ukraine, has declined to join the debt restructuring...

  • MOSCOW, May 20- Russian President Vladimir Putin said on Wednesday a law adopted by Ukraine allowing it to miss repayments to international creditors, Russia among them, was strange and unprofessional. Putin, speaking at a meeting with government ministers, said the Ukrainian legislation was in effect about an upcoming default by Ukraine.

  • 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.

  • 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.

  • 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...

  • UPDATE 1-BP names former UK MI6 spy chief as director Thursday, 14 May 2015 | 11:00 AM ET

    LONDON, May 14- BP has appointed Britain's former MI6 spy chief and veteran diplomat John Sawers as a non-executive board member in a development highlighting long running links between the British establishment and the oil major. Sawers was the head of Britain's MI6 secret intelligence service from 2009 to 2014. He had previously served as Britain's...

  • 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.

  • MOSCOW/ LONDON, May 14- Russian companies could return to international bond markets later this year after being frozen out by Western sanctions over Ukraine as investor appetite for the high-yielding debt picks up. The Minsk agreement to end fighting between pro-Russian separatists and Ukrainian government troops has been frequently violated, however,...

  • Can Kerry thaw chilly US-Russia relations?   Tuesday, 12 May 2015 | 11:21 PM ET
    Can Kerry thaw chilly US-Russia relations?

    U.S. Secretary of State John Kerry met President Vladimir Putin on Tuesday during his first visit to Russia since the Ukraine crisis began. CNBC's Geoff Cutmore reports from Moscow.

  • BRUSSELS, May 12- The former Soviet republics of Georgia, Moldova and Ukraine are moving inexorably from the orbit of a Russian state that promotes values fundamentally alien to its neighbours, according to Georgia's president. The country with the biggest territory in the world is looking for a few more square meters, "he said of Russia, which annexed the Crimea...

  • Russians celebrate VE Day   Monday, 11 May 2015 | 6:15 AM ET
    Russians celebrate VE Day

    CNBC's Geoff Cutmore reports on Russia's celebration of Germany's surrender to the Soviet Union in 1945.

  • *Conflict spurs capital flight from Russia and Ukraine. LIPETSK, Russia, May 10- The fortunes of the Russian outpost of Ukrainian President Petro Poroshenko's candy empire have ebbed and flowed with the Russian-backed separatist conflict in the east of his country. The Crimea crisis was quickly followed by the start of the pro-Russian rebellion in eastern...

  • *Russia looks to China as ties with West fray. MOSCOW, May 8- Russia and China signed a $25 billion deal to boost Chinese lending to Russian firms and a host of other accords deepening economic cooperation on Friday as Moscow's ties with the West fray over the Ukraine crisis. In a further sign of Moscow's eastward shift, China and Russia are due to hold joint naval...

  • MOSCOW, May 8- Russia's VTB Bank said a deal it signed with China Development Bank on Friday could finance trade flows between Russia and China worth the equivalent of 12 billion yuan. Russia and China signed a raft of agreements on Friday aimed at deepening economic ties between the two countries as part of talks between Russian President Vladimir Putin and...

  • RUSSIA AND CHINA SIGN RAFT OF TRADE DEALS TO DEEPEN TIES@. MOSCOW, May 8- Russia and China signed a raft of agreements on Friday aimed at deepening economic ties between the two countries, including a deal for Russia's Sberbank to open a 6 billion yuan credit line with China Development Bank. The deals were signed as part of talks between Russian President Vladimir...