Vladimir Putin


  • MOSCOW/ LONDON, Dec 19- Russia pays hugely inflated prices for vital medical equipment made by Western companies, in part because some manufacturers channel sales through obscure intermediary companies, a Reuters examination has found. An analysis of 20,000 transactions dated between January 2006 and July 2013 found that international companies sold...

  • MOSCOW, Dec 19- Russia's lower house of parliament passed a draft law that would give the banking sector a capital boost of up to 1 trillion roubles on Friday, part of measures to shield banks from Western economic sanctions. Russia's financial sector is reeling from the country's slide towards recession and Western sanctions over the Ukraine crisis that have...

  • MOSCOW, Dec 19- Russia's lower house of parliament passed on Friday a draft law that would give the banking sector a capital boost of up to 1 trillion roubles. It will now need to be passed by the upper house of parliament and then signed into law by President Vladimir Putin. The draft law is seen as a response to a dramatic slide in the rouble and Western sanctions over...

  • MOSCOW, Dec 19- Russia's rouble strengthened on Friday after Finance Minister Anton Siluanov confirmed his ministry had sold foreign currency and on expectations that exporters will step up dollar sales. Analysts at Rosbank said that given what they saw as the central bank's conservative approach to rouble liquidity, the expansion of its forex repo...

  • *Turkey assumed G20 presidency this month. They fear he is taking Turkey ever further from Western standards on rule of law and free speech. Supporters say he is returning Turkey to its former glory, restoring its Ottoman and Islamic heritage after nine decades of rule by a secular elite.

  • 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.

  • Cramer’s perfect recipe for a Santa Claus rally Thursday, 18 Dec 2014 | 6:13 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Jim Cramer is seeing some good signs in the economy right now. Could they be the perfect ingredients for a Santa Claus rally?

  • *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.

  • Oil plunges as market seeks bottom Thursday, 18 Dec 2014 | 4:22 PM ET
    A worker for Raven Drilling, helps line up a pipe while drilling for oil in the Bakken shale formation outside Watford City, North Dakota.

    Oil futures fell sharply, failing to hold a rally for a second day and signaling traders that the selling is not over.

  • Putin miscalculated, must make a change: O'Neill Thursday, 18 Dec 2014 | 3:57 PM ET
    Russian President Vladimir Putin

    Putin may still be popular in Russia but his miscalculation could change that, said well-known economist Jim O'Neill.

  • 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...

  • Can China save Russia?   Thursday, 18 Dec 2014 | 2:29 PM ET
    Can China save Russia?

    CNBC's Eunice Yoon reports on the relationship between Russia and China.

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

    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.

  • *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.

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

    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 an office in Siberia in December, 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
    Putin: Economy will recover over 2 years

    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.

  • *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...