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Vladimir Putin

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  • Maduro's call is supported by OPEC price bulls, such as Iran and Venezuela, who want output cuts from OPEC but can contribute little themselves. Gulf OPEC sources have said Saudi might consider cutting production if non- OPEC members, such as Russia, joined. Russia agreed to symbolic output cuts in tandem with OPEC during the 2001 price collapse, but never followed...

  • Russia's financial crisis may bury Putin's Eurasian dream Wednesday, 14 Jan 2015 | 6:37 AM ET

    From Belarus on the European Union's fringe to Kazakhstan on the border with China, some of those once firmly in Moscow's grip are now questioning whether Russia has what it takes to lead. While some, such as Belarus, have been forced by the economic blowback from Russia to devalue their currencies, others, such as Azerbaijan, are spending millions of dollars to...

  • MOSCOW, Jan 14- Russia's finance minister called on Wednesday for a cut in planned spending to weather an economic crisis, warning of a more than $45 billion drop in revenues this year if the average oil price is $50 a barrel. Adding to the gloom, Economy Minister Alexei Ulyukayev said there was a "pretty high" chance Russia's credit rating would be downgraded to junk...

  • Russian finance minister demands close watch on spending Wednesday, 14 Jan 2015 | 3:49 AM ET

    MOSCOW, Jan 14- Russia must cut expenditure to cover what could be a more than $45 billion drop in revenues this year if the average oil price is $50 a barrel, Finance Minister Anton Siluanov said on Wednesday. He said Russia needed to boost its reserves to overcome many of its difficulties as the price of oil looked set to continue at low levels.

  • MOSCOW, Jan 12- The European Union will consider lifting sanctions on Russia over the Ukraine crisis only if there is "real progress" in implementing a four-month-old ceasefire deal, Latvia's foreign minister said on Monday. Kiev and Moscow blame each other for the failure to implement the Minsk agreement in a conflict in which more than 4,700 people have been...

  • MOSCOW, Jan 12- Russian prosecutors must monitor the price of fuel, food and medicine and act if wages or benefits are delayed, the head of President Vladimir Putin's administration was quoted as saying on Monday, signalling growing Kremlin fears about inflation. Sanctions imposed by the West over the Ukraine crisis, a retaliatory ban on Western food imports and...

  • *Russia's Siluanov says Ukraine has violated loan terms. MOSCOW, Jan 10- Ukraine has violated the terms of a $3 billion Russian loan but Moscow has not yet decided whether to demand early repayment, Russian Finance Minister Anton Siluanov was quoted on Saturday as saying. Russia lent the money in December 2013 by buying Ukrainian Eurobonds, two months before...

  • *Mayor of Riga concerned about trade links with Russia. RIGA, Jan 9- It's not so much the risk of conflict with Russia that worries the mayor of the Latvian capital Riga; it's the threat to jobs and investment as EU sanctions on Moscow rebound on the economy of the Baltic state. Bounding over to a map of the historic Hanseatic port that covers a wall of his office in the...

  • Why an oil bottom may be in sight: Brian Kelly Wednesday, 7 Jan 2015 | 2:51 PM ET

    Trying to pick an absolute bottom in any market is a fool’s errand, but there are a few signs that a turn may be coming, says "Fast Money" trader Brian Kelly.

  • RIGA, Jan 7- Latvia, which has taken over as chair of European Union government meetings, believes Russia may be more willing to negotiate a deal to ease tensions over Ukraine, its foreign minister said on Wednesday. "There is a kind of opening we can use," Edgars Rinkevics told reporters, saying the problems the Russian economy was suffering as a result of Western...

  • EU chair Latvia sees "opening" with Russia on Ukraine Wednesday, 7 Jan 2015 | 10:25 AM ET

    RIGA, Jan 7- Latvia, which holds the rotating chair of European Union governments, believes Russia may be more willing to negotiate a deal to ease tensions over Ukraine, its foreign minister said on Wednesday. "There is a kind of opening we can use," Edgars Rinkevics told reporters, saying the problems the Russian economy was suffering as a result of Western sanctions...

  • Byron Wien's surprises for 2015 Tuesday, 6 Jan 2015 | 5:58 PM ET
    Byron Wien

    The S&P 500 will get a 15 percent return this year, and the Fed will raise rates sooner than expected, Byron Wien said.

  • How to invest in Russia  Monday, 5 Jan 2015 | 11:25 AM ET

    With Russia being a risky country to invest in, Martina Bozadzhieva, head of research for EMEA at Frontier Strategy Group discusses the strategy she gives to her clients.

  • Will Russian sanctions be lifted?  Monday, 5 Jan 2015 | 11:15 AM ET

    Lifting sanctions imposed on Russia as soon as this month or the next would be "premature" but they will eventually be lifted, says Martina Bozadzhieva, head of research for EMEA at Frontier Strategy Group.

  • Russia is in 'distress'  Monday, 5 Jan 2015 | 4:35 AM ET

    Discussing the outlook for Russia, Benoit Anne, head of EM strategy at Societe Generale, says that things for Russia could well get worse, and a sovereign rating downgrade may be the next "bombshell."

  • Here's why you should look at Russian stocks  Monday, 5 Jan 2015 | 1:15 AM ET

    Jesse Sherman, portfolio manager at Renaissance Asset Management, says the weakening of the ruble has made Russian equities attractive.

  • How Putin’s pipeline deal crumbled Wednesday, 31 Dec 2014 | 10:50 AM ET
    Russia's President Vladimir Putin (R) speaks with Russian gas monopoly Gazprom CEO Alexei Miller.

    Russian President Vladimir Putin negotiated the South Stream pipeline to Europe, but he was forced to halt the project, the NYT reports.

  • *Russia faces economic instability and international isolation. MOSCOW, Dec 31- When Vladimir Putin was handed power unexpectedly by an ailing Boris Yeltsin on the last day of the last century, his first move was to go on television to guarantee Russia the freedoms needed for a "civilized society." Fifteen years later, his critics accuse the former KGB spy of...

  • MOSCOW, Dec 31- Russia announced state aid for a major energy project on Wednesday under a drive to shore up strategic firms as well as public faith in its banking system during an economic crisis deepened by Western sanctions. On top of the help for Yamal- which is controlled by the Novatek firm but also has Western and Chinese shareholders- Russia has announced...

  • MOSCOW, Dec 31- The Russian government has bought almost $700 million worth of state bank Gazprombank's shares, the bank said on Wednesday, in the latest support for a banking sector suffering from Western sanctions over the Ukraine crisis and a sharp economic slowdown. Russia's government is stepping up efforts to support large banks and state companies as...