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Vladimir Putin


  • 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...

  • 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
    Grybauskaite: Putin looking for 'someone to blame'

    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...

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

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

  • MOSCOW, Dec 18- The rouble edged lower against the dollar on Thursday, with traders saying President Vladimir Putin had offered few concrete measures at his end-of-year news conference to pull Russia out of a crisis. The currency has been hit this year by slumping oil prices and Western sanctions over Ukraine, and the central bank's inability to prop it up--...

  • LONDON, Dec 18- The Swiss franc tumbled on Thursday after its central bank announced a charge on deposits, wary of a flood of money exiting Russia and likely inflows from the euro zone if the ECB starts full-scale money printing early next year. The jitters of recent weeks calmed a touch as oil rose for a second day, although the pressure was still on Russia's rouble...

  • MOSCOW, Dec 18- Russian President Vladimir Putin said on Thursday Igor Sechin, CEO at the country's top oil producer Rosneft, was an "effective" manager, adding he had no plans to fire him. Rosneft was put under Western sanctions over Moscow's role in the Ukraine crisis. Rosneft became the world's top listed oil company by output after buying its peer TNK-BP for $55...

  • Europe shares rally, led up by rebound for oil stocks Thursday, 18 Dec 2014 | 6:53 AM ET

    LONDON, Dec 18- European stocks rose on Thursday, led higher by energy-related stocks as oil rose and by strength in financials after the U.S. At 1135 GMT, the FTSEurofirst 300 index of top European shares was up 1.9 percent at 1,341.86 points. Oil companies topped the index, with Norway's Seadrill up 8.7 percent and Statoil up 6.4 percent, as Brent crude jumped 3...

  • Putin also told his annual end-of-year news conference that Russia did not invade any other country and that Russia had just two military bases abroad, while, he said, the United States had such bases all over the world.

  • *Putin breaks silence on rouble problems this week. MOSCOW, Dec 18- President Vladimir Putin said on Thursday Russia's economy would inevitably rebound after the rouble's dramatic slide this year but offered no remedy to a deepening financial crisis. The economy is heading into recession in what one minister called a "perfect storm" of low oil prices, Western...

  • MOSCOW, Dec 18- Russian President Vladimir Putin said on Thursday his government was working on mechanisms that would legalise offshore capital returning to Russia.