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Vladimir Putin

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  • Sense of panic hits Russia's economic elite: Pro   Tuesday, 16 Dec 2014 | 1:04 PM ET
    Sense of panic hits Russia's economic elites: Pro

    Is Vladimir Putin more dangerous with current Russian economic conditions? Former Ambassador to Russia Michael McFaul provides perspective.

  • Beware: Putin, the wounded animal Tuesday, 16 Dec 2014 | 12:27 PM ET
    Russia's President Vladimir Putin

    It's clear the US is not prepared for the extent of damage that Vladimir Putin can unleash, says Jake Novak.

  • Cashin: Why it's not like 1998 all over again Tuesday, 16 Dec 2014 | 12:01 PM ET
    Art Cashin

    The Russian ruble's dramatic fall may have triggered memories of 1998 for some, but veteran trader Art Cashin isn't sold on the comparison.

  • Putin's liquidity problem   Tuesday, 16 Dec 2014 | 11:37 AM ET
    Putin's liquidity problem

    New York Times Moscow correspondent Andrew Kramer, discusses Vladimir Putin's next move amid today's volatile ruble trade.

  • Isaacson: Russia hurting, Putin may not survive   Tuesday, 16 Dec 2014 | 11:02 AM ET
    Isaacson: Russia hurting, Putin may not survive

    Walter Isaacson, president & CEO of The Aspen Institute, discusses what the collapse of oil prices is doing to Russia and how it threatens Vladimir Putin's leadership.

  • LONDON, Dec 16- Russia has made constructive moves in recent days towards possibly reducing tensions in Ukraine, U.S. Speaking in London, Kerry said the United States and Europe were ready to ease sanctions against Russia if President Vladimir Putin took more steps to deescalate tensions in eastern Ukraine. Ukraine's separatist east passed the night into...

  • MOSCOW, Dec 16- The rouble plunged more than 11 percent against the dollar on Tuesday in its steepest intraday fall since the Russian financial crisis in 1998 as confidence in the central bank evaporated after an ineffectual rate hike. It has now fallen close to 20 percent this week, taking its losses this year against the dollar to more than 50 percent and...

  • *Russi energy min shares OPEC view market will stabilize itself. A near- $20 drop in prices since OPEC declined to cut output at a Nov. 27 meeting has yet to prompt the Gulf members- who overruled calls for output cuts by poorer members such as Venezuela- to reverse course. Russia has said it would not cut production even if oil prices fell below $60 per barrel- far below...

  • MOSCOW, Dec 16- The rouble plunged more than 11 percent against the dollar on Tuesday in its steepest intraday fall since the Russian financial crisis in 1998 as confidence in the central bank evaporated after an ineffectual rate hike. It has now fallen close to 20 percent this week, taking its losses this year against the dollar to over 50 percent and raising...

  • MOSCOW, Dec 16- Russia failed to halt the collapse of the rouble on Tuesday, leaving President Vladimir Putin facing a full-blown currency crisis that could weaken his iron grip on power. A 6.5 percentage point interest rate rise to 17 percent overnight failed to prevent the currency hitting record lows in a "perfect storm" of low oil prices, looming recession and...

  • DOHA, Dec 16- Russia said on Tuesday it would not cut oil output to help prop up prices and refrained from calling on OPEC to do so despite its economy showing signs of severe stress and its currency collapsing to record lows. Oil prices dropped to near $59 per barrel on Tuesday for the first time since 2009 after OPEC member the United Arab Emirates reinforced on...

  • Russia's "difficult" rate hike approved by Putin Tuesday, 16 Dec 2014 | 7:12 AM ET

    *Central Bank governor under pressure. MOSCOW, Dec 16- Late on Monday night Russia's central bank governor wrung out an agreement with her officials to impose the country's biggest rate hike since the financial crisis of 1998-- with the approval of President Vladimir Putin. His ratings are at an all-time high following the annexation of Ukraine's Crimea, but...

  • MOSCOW, Dec 16- The rouble plunged more than 10 percent for the second day on Tuesday and recorded its worst fall since the Russian financial crisis in 1998 as confidence in the central bank evaporated after an ineffectual overnight rate hike. It was more than 15 percent weaker versus the euro at 92.99, dragged lower against both currencies by falling oil prices,...

  • Russia's rate rise won't end well: Expert   Tuesday, 16 Dec 2014 | 6:36 AM ET
    Russia's rate rise won't end well: Expert

    Mark Grant, Southwest Securities discusses the massive interest rate hike in Russia and its likely impact on the ruble.

  • MOSCOW, Dec 16- A sharp overnight rate hike failed to ease pressure on the rouble on Tuesday, as the market continued to test the central bank's resolve to defend the currency and piled more pressure on Russia's faltering economy. At 0907 GMT, the rouble was down around 2.6 percent against the dollar at 66.14 after hitting a new all-time low and was 4.8 percent...

  • MOSCOW, Dec 16- The Russian rouble trimmed its gains on Tuesday after opening 9 percent stronger against the dollar following the central bank's overnight decision to raise rates by 650 basis points, but the currency was still 46 percent down on the year. "We are not expecting a sharp recovery- a recovery towards 50 will definitely not happen," said Dmitry Stadnik, a...

  • Judgment day for Russian rouble after cbank rate hike Tuesday, 16 Dec 2014 | 1:53 AM ET

    MOSCOW, Dec 16- The Russian central bank's overnight decision to hike rates by 650 basis points after the rouble suffered its largest daily fall in 15 years was expected to temporarily stabilise the currency on Tuesday. "We are not expecting a sharp recovery- a recovery towards 50 will definitely not happen," said Dmitry Stadnik, a trader at Rosbank in Moscow.

  • Cramer: Things are awesome right now! Monday, 15 Dec 2014 | 6:14 PM ET
    NYSE New York Stock Exchange traders markets

    Jim Cramer wonders... if things are really so bad, then why are so many things going right? He uncovers who is really behind this market decline.

  • The rouble weakened beyond 60 roubles per dollar for the first time as 5-1/ 2- year lows in oil prices threatened Russia's economy. Sales of oil and gas are Russia's chief source of export revenue, while tougher U.S. sanctions on Moscow, which were set out in a bill passed by U.S. Congress Friday, added to Russia's economic woes. "The viciousness of the decline in oil...

  • WASHINGTON, Dec 15- The Obama administration has not yet made a decision on whether the president will sign a bill authorizing new sanctions against Russia over its activities in Ukraine, a senior administration official said on Monday. The official, who declined to be identified, said the administration "remains deeply concerned about the aggressive actions...