Vladimir Putin ordered Russia's military to increase its focus on the Arctic and finish plans to upgrade military bases there.» Read More
*Putin defiant, weighs arms sales to Syria. *Obama, Putin spar over Syria. ENNISKILLEN, Northern Ireland, June 18- Russia's Vladimir Putin derailed Barack Obama's efforts to win backing for the downfall of Syrian leader Bashar al-Assad at a G8 summit on Tuesday, warning the West that arms supplied to the rebels could be used for attacks on European soil.
*Putin defiant after talks, considers arms sales to Syria. *Obama, Putin spar over Syria. President Barack Obama, said the Kremlin might sell more arms to Syria.
*Obama, Putin disagreed over Syria. Isolated at the G8, Russia's Vladimir Putin had clashed with other leaders over the conflict and resisted their attempts to get him to agree to anything that would imply Assad should step down or that Russia should tone down its support for Assad.
MOSCOW, June 18- Russia's Finance Minister said on Tuesday he would welcome a weaker rouble to revive flagging economic growth, but while the approach may boost fiscal revenues there is a risk that inflation could become entrenched.
CNBC's Steve Sedgwick has the latest details from Northern Ireland on the gathering of the world's top political leaders.
*Obama, Putin disagreed over Syria. ENNISKILLEN, Northern Ireland, June 18- Russian President Vladimir Putin clashed with other world leaders over the civil war in Syria at a tense G8 summit, blocking any mention of the fate of Syrian leader Bashar al-Assad from a final communique to be issued on Tuesday.
*Market keeps an eye on standoff over Syria. LONDON, June 18- Oil rose above $106 a barrel on Tuesday after data pointing towards a strengthening U.S. economy eased some concerns ahead of the Federal Reserve's meeting on its stimulus plan.
MOSCOW, June 18- Russia's Finance Ministry has embraced a weak-rouble policy as it seeks to revive flagging economic growth, but while the approach may boost fiscal revenues there is a risk that inflation could become entrenched.
ENNISKILLEN, Northern Ireland, June 18- An international peace conference aimed at ending the conflict in Syria is unlikely to take place before August after G8 leaders clashed with Russia over the nature of a transitional government, a source familiar with the talks said on Tuesday.
CNBC's Steve Sedgwick reports the latest details from the G-8 talks in Northern Ireland, as world leaders meet to discuss how to resolve the issue of increasing global economic growth.
*Obama, Putin disagreed over Syria in tense meeting. Syria was set to dominate the last day of the meeting in a secluded, heavily guarded golf resort in Northern Ireland, with Putin standing firm on his position that forcing out Assad would be disastrous for Syria and the region.
*Market keeps an eye on standoff over Syria. LONDON, June 18- Brent crude futures eased towards $105 a barrel, falling from a 11- week high, as investors cautiously awaited guidance from the U.S. It rose to 106.67 on Monday, the highest since April 4, on mounting tensions in the Middle East.
*Market keeps an eye on standoff over Syria. At 0446 GMT, Brent was up 5 cents at $105.52 a barrel. U.S. oil added 5 cents to $97.82 after hitting a nine-month high near $99 a barrel in the previous session.
*Market keeps an eye on standoff over Syria. SINGAPORE, June 18- Brent crude futures were barely changed around $105, holding not far off their strongest level in 10 weeks on mounting tensions in the Middle East, as investors remain cautious ahead of a Federal Reserve meeting.
*NYMEX crude futures for July delivery had added 21 cents to $97.98 a barrel by 0030 GMT. *Production at Norway's Oseberg field and several adjunct fields in the North Sea was shut early on Monday and it was unclear when it would restart, its operator Statoil said on Monday.
*Obama, Putin disagreed over Syria in tense meeting. ENNISKILLEN, Northern Ireland, June 18- Russian President Vladimir Putin faced further isolation on the second day of a G8 summit on Tuesday as world leaders lined up to pressure him into toning down his support for Syrian President Bashar al-Assad.
President Obama and Vladimir Putin are at odds over the U.S. plans to arm Syrian rebels, reports CNBC's Michelle Caruso-Cabrera; and Jeffrey Frankel, Harvard Kennedy School professor; Benn Steil, Council on Foreign Relations; and Doug Holtz-Eakin, American Action Forum, discuss the agenda at the G8 Summit.
President Barack Obama sparred with Russia's Vladimir Putin over how to end the war in Syria on Monday during an icy encounter at a G8 summit where divisions over the conflict eclipsed the rest of the agenda.
*Obama, Putin square off over Syria. President Barack Obama sparred with Russia's Vladimir Putin over how to end the war in Syria on Monday during an icy encounter at a G8 summit where divisions over the conflict eclipsed the rest of the agenda.
ENNISKILLEN, Northern Ireland, June 17- Prime Minister David Cameron wants Russian President Vladimir Putin to sign up to what he hopes will become an international peace plan to end the conflict in Syria but may have to press ahead without him, British officials said on Monday.