Politics Vladimir Putin

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  • WASHINGTON, Jan 27- U.S. Senate Armed Services Committee Chairman John McCain on Wednesday said he planned to introduce legislation that would strike language included in a massive 2016 spending bill that eased a congressional ban on the use of Russian rocket engines. Congress banned use of the Russian RD-180 rocket engines for military use after Russia...

  • Tough Russian budget rhetoric masks laxer reality Wednesday, 27 Jan 2016 | 9:45 AM ET

    MOSCOW, Jan 27- A Russian plan to cut 10 percent from this year's budget is at best misleading. But large areas of the budget are excluded from the cuts and Russia has a poor record of meeting its own targets. Despite this, Russia is still squeezing expenditure as global prices of its main revenue earner, oil, remain well below levels needed to balance the budget.

  • LONDON, Jan 27- Emerging equities rose nearly 1 percent on Wednesday, tracking oil, late-session gains on Wall Street and a retreat in the dollar ahead of what could be a dovish signal from the U.S. Chinese mainland stocks closed half a percent lower but gains in Hong Kong helped to lift MSCI's broad emerging index higher. Russia's economy minister revealed a 3.8...

  • But Air Force Secretary Deborah James and Pentagon acquisition chief Frank Kendall failed to stem sharp criticism from several members of the Senate Armed Services Committee who view Russia as the chief geopolitical threat to the United States. John McCain, R- Ariz., they said using the Russian engines enriches President Vladimir Putin's inner circle and...

  • MOSCOW, Jan 27- President Vladimir Putin is to chair a government meeting on Wednesday over a 1.7 trillion rouble plan to protect the Russian economy from major economic crises, the RBC daily newspaper reported, citing government sources. It said at least 737 billion roubles were included in a contingency plan sent to Prime Minister Dmitry Medvedev.

  • MOSCOW, Jan 26- President Vladimir Putin said on Tuesday that Russia's "good reserves" and moderate level of state debt were creating favorable conditions for the economic situation in the country to be rectified this year.

  • Russian GDP fell 3.8 pct y/y in Q4 - economy minister Tuesday, 26 Jan 2016 | 9:04 AM ET

    MOSCOW, Jan 26- Russia's gross domestic product contracted by 3.8 percent in the fourth quarter of last year, in annual terms, Economy Minister Alexei Ulyukayev said at a meeting with President Vladimir Putin on Tuesday.

  • *Lukoil says Russia needs to work with OPEC. *OPEC sec-gen urges non- OPEC to help tackle excess supply. *OPEC evaluating whether to hold emergency meeting.

  • Russia invites Japan to fish around disputed islands Monday, 25 Jan 2016 | 7:21 AM ET

    *Russia says if Tokyo is not keen other investors will jump in. *Moscow also plans joint farming project with China in Far East. DAVOS, Switzerland, Jan 25- Russia is inviting foreign partners to help it develop fisheries around Pacific islands where Moscow and Tokyo have rival territorial claims and says it will give Tokyo priority; but if it doesn't jump at the...

  • MOSCOW, Jan 22- Russian President Vladimir Putin does not have any emergency meetings planned on the situation with the rouble currency or oil markets, Kremlin spokesman Dmitry Peskov told reporters on Friday.

  • With the rouble falling, how unstable could Russia become?

    Nina Khrushcheva, international affairs professor at The New School, discusses affairs in Russia with a falling currency.

  • *Rouble hits all-time lows for 2nd day. MOSCOW, Jan 21- The rouble slumped to new record lows on Thursday, threatening more hardship for ordinary Russians and prompting some to stock up on dollars as the Kremlin denied the currency was collapsing. A cashier at an exchange booth on Moscow's central Tverskaya Street said clients had been buying more hard currency...

  • Wall Street opens higher, despite rise in jobless claims. LONDON, Jan 21- A bounce in European shares, a tentative stabilisation in oil and soothing sounds from ECB head Mario Draghi helped steady global markets on Thursday, after a torrid few days that has wiped trillions of dollars off asset values. A 3- percent slump in Chinese stocks had given Asia another...

  • *Oil prices down 70 pct since Russia- China deal sealed. MOSCOW/ BEIJING, Jan 15- Russia is likely to scale back volumes of gas it plans to ship to China later this decade, sources close to energy giant Gazprom say, due to the dive in global energy prices and uncertainty hanging over the Chinese economy. However, they acknowledge sales to China will initially be lower...

  • If Putin seems friendlier lately, thank oil prices Thursday, 14 Jan 2016 | 1:07 PM ET
    Russia's President Vladimir Putin.

    President Vladimir Putin has sounded more conciliatory toward the West recently, and there may be more of that coming.

  • Will Russia sell stakes in VTB and Sberbank? Wednesday, 13 Jan 2016 | 3:30 AM ET
    Will Russia sell stakes in VTB and Sberbank?

    Chris Weafer, senior partner at Macro-Advisory, discusses the possibility of a sale of Russian state assets.

  • MOSCOW, Jan 12- Under pressure from the falling global oil price, Russia is requiring government departments to cut spending by 10 percent, repeating a policy it also imposed in 2015, two government sources told Reuters. Energy giant Russia is under pressure to find spending cuts as the international oil price has plunged towards $30 per barrel, a major problem...

  • How the oil collapse stole Russia's Christmas Sunday, 10 Jan 2016 | 8:42 AM ET

    LONDON/ MOSCOW Jan 10- A plunge in the oil price to 12- year lows during Russia's New Year and Orthodox Christmas break means the country returns to work on Monday with its economic recovery and once-mighty savings war chest on the line. Crude's collapse from $100 a barrel since mid-2014 has already pummeled Russia, which relies on energy for about half its budget...

  • Why China’s growth could be over Tuesday, 5 Jan 2016 | 8:58 AM ET
    An investor reacts at a stock exchange hall on January 4, 2016 in Hangzhou, Zhejiang Province of China.

    China's stock market drop send jitters around the globe. Here's why investors should be very worried about the country's future, says Steven Kopits.

  • Putin sees opportunity in Middle East: Expert Monday, 4 Jan 2016 | 7:43 AM ET
    Putin sees opportunity in Middle East: Expert

    Frances Townsend, former Homeland Security & Counterterrorism Advisor to President Bush, discusses the rising tensions between Saudi Arabia and Iran and its likely impact on the U.S.