The dollar inched higher versus the yen and euro after Yellen underscored the view that the Fed is likely to raise rates gradually later this year.» Read More
Russia has been dominating the news recently and its economy is not looking good. Anastasia Nesvetailova, director at City University's political economy research centre explains more.
With China's foreign minister offering to help Russia if needed, Neil Shearing, chief emerging markets economist at Capital Economics, discusses how Moscow is fairing, saying 2015 will show a "deep recession" for Russia.
The U.S. dollar rose against major currencies for a third session on diverging monetary policy between the Federal Reserve and other central banks.
Thomas L. Friedman, The New York Times, shares his thoughts on Russia's economic woes and the mounting pressure on Russian President Putin.
CNBC's Geoff Cutmore report's on the ruble's roller coaster ride as Russia's parliament rushes through a bill boosting banking capital.
At the European Union summit, sanctions on Russia is all the talk. U.K. prime minister David Cameron says the pressure must be kept on Russia while President of the European Council, Donald Tusk, stated that EU needs a consistent strategy towards Russia. CNBC's Hadley Gamble reports.
Russia's currency briefly surpassed Ukraine's Hryvnia as the worst performing currency year-to-date, but it isn't clear whether the ruble is undervalued.
Chinese shoppers are cashing in on the ruble's sharp drop, snapping up goods in Russia at low prices before brands can respond to foreign exchange moves.
Discussing the fall of oil, and the state of Russia's economy, with Jim O'Neill, Fmr. Goldman Sachs Asset Management Chairman.
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.
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.
CNBC's Rick Santelli breaks down the dramatic slide in the Russian ruble and how the drastic decline affects consumers.
CNBC's Geoff Cutmore reports Russian President Vladimir Putin has signed off on the central banks big interest rate hike. Jim Cramer provides insight.
Russia's Vladimir Putin responds to Ukraine Crisis and Russia's stature compared to the rest of the world. CNBC's Geoff Cutmore reports the President's remarks.
Russian President Vladimir Putin says that other countries perceive Russia as a country which should just "sit quietly", rather than try and maintain its sovereignty and independence.
Vladimir Putin spoke about the Ukraine Crisis in his press conference, saying Russia was ready to mediate. Is that a game-changer? Alexander Branis, director at Prosperity Capital, weighs in.
Russian President Vladimir Putin discusses the Ukraine Crisis and ongoing military situation, saying that Russia is ready to act as a mediator.
Russian President Vladimir Putin discusses the turbulence in the country's economy and says the central bank is doing the right thing, but could act a little faster.
Commenting on the Putin's recent speech, Simon Quijano-Evans, head of EM research at Commerzbank, says the press conference started off "relatively calm" and that Putin appears to be trying to act on negotiating terms.
Russian President Vladimir Putin talks about the current state of the Russian economy and how he's still positive. CNBC's Geoff Cutmore analyses the remarks.