Russian President Vladimir Putin ordered a cap on rising vodka prices, as he battles to preserve his popularity.» Read More
Russia said its currency crisis was over despite its forex reserves plunging and inflation surging over 10 percent, in its worst economic crisis since 1998.
The Russian Central Bank said it will offer dollar and euro loans to banks that put foreign-currency loans to major exporters up as collateral.
Economic crisis in Russia could shake the ties between Putin and the Russian oligarchs believed to be part of his inner circle. Global Post reports.
Global investors shouldn't be looking at Russia as the tip of a systemic Russia-leads-to-contagion crisis, Douglas Rediker said.
Moody's Investors Service could cut the ratings on up to 16 Russian banks, the credit ratings agency warned on Tuesday.
Germany should offer financial incentives to encourage people to have more children, according to one of the country's most influential economists.
Country's largest state exporters told to sell part of their foreign currency revenues to help stabilize the ruble, according to local media.
A Russian politician is advising women to use beetroot instead of expensive imported lipstick.
The Cuba rapprochement is a reminder that a Ukraine resolution is needed and that it's time to end the Cold War once and for all, says Jeffrey Sachs.
With the Christmas holiday approaching, the economic data calendar has started to lighten, but investors still have plenty to mull over as oil prices continue to fluctuate.
The U.S. dollar's increased buying power has presented opportunities for Americans to jet off to more exotic places.
Will Americans be rushing back to Cuba in the wake of the most significant thaw in 50 years? Not so fast, says one expert.
U.S. smokers and cigar companies are welcoming the prospect of being able to get their hands on "Cubans" openly.
Some say the crisis in Russia won't ripple into Europe and the U.S. — we're not buying it, says portfolio manager Hugh Johnson.
China has revised the 2013 GDP figures by 3.4% to 58.8 trillion yuan, but said the revision will not affect economic growth this year.
Despite a slowing economy, Europe still presents opportunities for robust growth, the chief of America's biggest jeweler, Tiffany & Co., told CNBC.
After a ho-hum performance for most of 2014, analysts believe that Japan's Nikkei 225 will see better days in the year ahead.
Putin may still be popular in Russia but his miscalculation could change that, said well-known economist Jim O'Neill.
Resolving the Russia-Ukraine dispute is critical. Here's the one person who can do that, says Jason Bordoff and Carlos Pascual.
Thanks to cheaper oil prices, Pacific Investment Management anticipates global growth to gain momentum in 2015.
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