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Vladimir Putin

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  • Russia not the tip of contagion crisis: Expert Tuesday, 23 Dec 2014 | 4:31 PM ET
    Russian Prime Minister Dmitry Medvedev listens during a meeting with senior ruling United Russia Party officials in Moscow, Russia, Dec. 23, 2014.

    Global investors shouldn't be looking at Russia as the tip of a systemic Russia-leads-to-contagion crisis, Douglas Rediker said.

  • *Rouble at its highest level against dollar since Dec. 8. MOSCOW, Dec 23- The Russian rouble hit its highest levels in two weeks on Tuesday, shored up by informal capital control measures designed to head off a repeat of the galloping inflation and mass protests that marked Russia's 1998 financial crisis. Shortly after the market opening, the rouble hit 52.88 to the...

  • MOSCOW, Dec 23- Russian authorities put pressure on large state-owned exporters on Tuesday to sell dollars to arrest the rouble's slide and stem fears of a repeat of the galloping inflation and mass protests that characterised Russia's 1998 financial crisis. Putin, who has ruled Russia since 2000, prides himself on achieving higher living standards for...

  • *Rouble at its strongest against dollar since Dec. 8. MOSCOW, Dec 23- The Russian rouble rose to a two-week high on Tuesday after the government and the central bank put pressure on large state-owned exporters to sell dollars to stop further steep losses for the local currency. Kommersant newspaper said, citing unnamed sources, that Russian Prime Minister Dmitry...

  • Saudi 'shock and awe' slams oil; nat gas burned Monday, 22 Dec 2014 | 5:46 PM ET

    OPEC talked down the oil market, sending crude sharply lower, while warm weather and growing supply battered natural gas prices.

  • Death of Morgan Stanley's Rosneft deal   Monday, 22 Dec 2014 | 1:08 PM ET
    Death of Morgan Stanley's Rosneft deal

    CNBC's Kate Kelly discusses the details behind the death of the deal between Morgan Stanley and Rosneft.

  • Russian women advised to use beetroot lipstick Monday, 22 Dec 2014 | 12:12 PM ET
    Who needs expensive imported lipstick when you have beetroot?

    A Russian politician is advising women to use beetroot instead of expensive imported lipstick.

  • According to the median of 11 economists' predictions, gross domestic product will fall 3.6 percent in 2015. After growth of just 0.5 percent this year, the recession will challenge President Vladimir Putin's promise last week that Russia can eventually recover from what he called "tough times". At the start of this year analysts forecast the economy would...

  • MOSCOW, Dec 22- The Russian rouble firmed to a 10- day high against the dollar on Monday as exporters sold foreign currency revenues, partly to meet tax obligations and partly in response to a call from President Vladimir Putin. However, by 1615 GMT it had slipped back to 55.99 to the dollar and 68.50 to the euro as oil, Russia's chief export, fell 1.8 percent to $60.27.

  • Russia isn't like the '1990s'   Monday, 22 Dec 2014 | 11:20 AM ET
    Russia isn't like the '1990s'

    Russia has been dominating the news recently and its economy is not looking good. Anastasia Nesvetailova, director at City University's political economy research centre explains more.

  • Time to end the Cold War for good: Jeffrey Sachs Monday, 22 Dec 2014 | 10:54 AM ET
    Former President of the Soviet Union Mikhail Gorbachev last November.

    The Cuba rapprochement is a reminder that a Ukraine resolution is needed and that it's time to end the Cold War once and for all, says Jeffrey Sachs.

  • *Kudrin: Russia didn't tackle problems fast enough. *Russia to be downgraded to' junk' status next year. MOSCOW, Dec 22- Russia's government has pushed the country into an economic crisis by not tackling its financial problems fast enough, former finance minister Alexei Kudrin said on Monday, as evidence mounted of trouble spreading through the economy.

  • Cuba relations with Russia & Venezuela in focus   Monday, 22 Dec 2014 | 8:29 AM ET
    Cuba relations with Russia & Venezuela in focus

    CNBC's Michelle Caruso-Cabrera reports Cuba's relationship with Venezuela and Russia are in focus because of the decline in oil prices. Cuba gets more than half of its oil from Venezuela every day.

  • *Kudrin: Russia to be downgraded to' junk' status next year. MOSCOW, Dec 22- Russia's government has pushed the country into an economic crisis by not tackling its financial problems fast enough, former finance minister Alexei Kudrin said on Monday, warning the full effects would be felt next year. Kudrin-- a darling of investors who is credited with building Russia's...

  • MOSCOW, Dec 22- Gazprom, Russia's top gas producer, will stick to President Vladimir Putin's urge to sell foreign currency revenues on the domestic market, the company's deputy CEO Alexander Medvedev told reporters on Monday. "This doesn't create any issues for us. We understand this will help to stabilise the rate, "he said.

  • Russia to enter 'deep recession' in 2015?   Monday, 22 Dec 2014 | 4:00 AM ET
    Russia to enter 'deep recession' in 2015?

    With China's foreign minister offering to help Russia if needed, Neil Shearing, chief emerging markets economist at Capital Economics, discusses how Moscow is fairing, saying 2015 will show a "deep recession" for Russia.

  • MOSCOW, Dec 22- The Russian rouble opened broadly firmer on Monday, supported by higher oil prices and a pause in the panic-selling on the domestic currency market after officials rushed to issue strong verbal support and announce measures to ease the situation. Oil, Russia's chief export, was up, with Brent futures trading above $62 per barrel.

  • China foreign minister says willing to help Russia Sunday, 21 Dec 2014 | 10:20 PM ET

    BEIJING, Dec 22- China is willing to help Russia if needed but believes that the country has the ability to overcome its current economic problems, Chinese Foreign Minister Wang Yi was quoted as saying in a state newspaper on Monday. Wang, speaking to reporters over the weekend, said that Russia also had the "wisdom" to get out of difficulties, the official China Daily...

  • WASHINGTON, Dec 21- U.S. president Barack Obama has rejected the charge that he has been outmaneuvered by Russian president Vladimir Putin, saying in a TV interview due for broadcast later on Sunday that Putin was presiding over "a huge economic contraction" due to the Ukraine crisis. Obama, in an interview with Candy Crowley on CNN's "State of the Union" program...

  • BEIJING, Dec 21- China's trade minister proposed more use of China's currency in settling trade with Russia in the face of a falling rouble to ensure safe and reliable trade, Hong Kong broadcaster Phoenix TV reported on Saturday. Chinese Minister of Commerce Gao Hucheng said the use of China's yuan, or renminbi, has been increasing for several years but western...