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  • Global Expansion? We’d Rather Stick With Russia: MTS Friday, 21 Jun 2013 | 10:04 AM ET
    Private mobile WiFi hotspots, which allow wireless devices to connect to the Internet, are restricted. Although use of tablets and smartphones is allowed in the venues, these devices cannot be used as wireless access points. Because London’s wireless system is likely to be strained during major events, has focused on an attempt to reduce overall bandwidth use.

    Relaxed legislation and booming profits are just two reasons why Russia's biggest mobile service provider will not bother expanding into other countries, the firm's chief executive said.

  • Why Russia Must Reform Its Energy Sector Friday, 21 Jun 2013 | 8:02 AM ET

    Russia must urgently reform its energy sector if it is to remain a global player in the energy markets, according to experts speaking at the St. Petersburg International Economic Forum.

  • Rusal CEO: Investors Need to Relax Thursday, 20 Jun 2013 | 12:16 PM ET

    Investors need to calm down and act rationally, Oleg Deripaska, the CEO of the world's largest aluminum company Rusal, said on Thursday.

  • China Signals Willingness to Tolerate 7% Growth Thursday, 6 Jun 2013 | 7:56 PM ET
    China's new President Xi Jinping (R) talks with former President Hu Jintao (L) on March 14, 2013 in Beijing, China.

    China's new leaders have adopted a greater tolerance for a slowdown in the economy than their predecessors and are likely to allow quarterly growth to slip as far as 7 percent before triggering fresh stimulus.

  • Russia’s Economy Could Be Next Big Underperformer Thursday, 16 May 2013 | 12:00 AM ET

    Russia is set for 10 years of anemic growth, according to economists, who said the slowdown is predominantly due to low investment and structural factors.

  • Jim O'Neill: World Needs Better Performing BRICs  Thursday, 2 May 2013 | 7:00 PM ET

    Jim O'Neill, outgoing chair of asset management at Goldman Sachs, discusses the BRICs' performance to date and how no other emerging country is yet to come close to compete with them.

  • Europe's Economy Is Dead, Needs Central Bank CPR Sunday, 21 Apr 2013 | 5:02 PM ET

    An early peek this week at how the euro zone economy performed in April could cement the case for the next installment in monetary easing by the world's major central banks.

  • G-20: Does the World Need Austerity? Saturday, 20 Apr 2013 | 2:22 AM ET

    Finance leaders of the G-20 economies on Friday edged away from a long-running drive toward government austerity in rich nations, rejecting the idea of setting hard targets for reducing national debt in a sign of worries over a sluggish global recovery.

  • Russia's inflation level remains too high and reducing it is the key priority, according to the woman set up to take charge of the country's central bank in June.

  • EU Promises Less Austerity as G20 Debates Debt Friday, 19 Apr 2013 | 4:03 AM ET

    The euro zone will slow its budgetary belt-tightening to help reinvigorate economic growth, a top EU official said on Thursday.

  • What's on the Table for G20? Slashing Debt Saturday, 13 Apr 2013 | 9:04 PM ET

    When financial leaders of the G20 get together this week, they'll mull a plan to slash debt to well below 90 percent of GDP.

  • Cyprus Plans Tax Breaks, Casinos to Boost Economy Tuesday, 2 Apr 2013 | 1:26 AM ET

    Cyprus plans to lift a ban on casinos and offer firms tax exemptions on profits reinvested on the island under a package of reforms to kickstart its ailing economy, its president said on Monday.

  • Cyprus Controls to Hit Foreign Transactions Wednesday, 27 Mar 2013 | 10:58 AM ET

    Cyprus is to impose a ban on cashing checks and limit the amount of cash that can be taken out of the country, a Greek newspaper reported on Wednesday.

  • Watch Out, World Bank: Here Comes the BRICS Bank Wednesday, 27 Mar 2013 | 9:48 AM ET

    Leaders of the five BRICS nations plan to create a development bank in a direct challenge to the World Bank that they accuse of Western bias. The bank would use $50 billion of seed capital shared equally but dominated by China.

  • China's New President Offers Africa 'No Strings' Aid Tuesday, 26 Mar 2013 | 4:39 PM ET
    President of the Republic of South Africa, Jacob Zuma (2ndR) receives President of the People's Republic of China, Xi Jinping (L)

    Only 11 days since taking over as Chinese president, Xi Jinping is already in Africa offering goodies with "no political strings." GlobalPost reports.

  • Cyprus Bailout Bid Goes Down to the Wire Saturday, 23 Mar 2013 | 9:31 AM ET
    Lawmakers raise their hands to vote on the nation's banking crisis inside the Cypriot parliament in Nicosia, Cyprus, on Friday

    Cyprus's bid to avert financial collapse will go down to the wire after the island said it would hold a crucial sitting of parliament only after finance ministers of the 17-nation euro zone meet on Sunday.

  • Putin Makes Aide First Female G8 Central Banker Wednesday, 13 Mar 2013 | 2:05 AM ET
    Elvira Nabiullina, Russia's economy minister

    Vladimir Putin on Tuesday chose his chief economic adviser to head Russia's central bank. She will join a small female contingent at the top table of global finance.

  • China's Latest Data Show Uneven Economic Recovery Saturday, 9 Mar 2013 | 5:49 AM ET

    China's uneven economic recovery signals a looming dilemma for policymakers as data released at the weekend showed inflation at a 10-month high while factory output and consumer spending were weaker than forecast.

  • A Two-Speed Global Economy, Led by China Monday, 4 Mar 2013 | 1:48 AM ET

    As central banks in Europe edge closer to deciding that their flagging economies need yet more monetary stimulus, they cast an envious eye towards China.

  • Cyprus' New President Faces Bailout Quagmire Monday, 25 Feb 2013 | 1:32 AM ET
    Nicosia, Cyprus

    Cypriot president-elect Nicos Anastasiades faces weeks of difficult talks with foreign lenders on a financial rescue for the island nation after sweeping to a resounding victory in a run-off election on Sunday.