Russia Says It Won't 'Cave In' To New Western Sanctions
The reaction comes after President Obama signed an executive order on Friday slapping economic sanctions on Crimea, a day after the EU approved similar measures.
Russia
Putin: Sanctions, Falling Oil Prices Causing Ruble's Tumble
In a year-end news conference, the Russian president said the worst-case scenario for his country's economy would involve two more years of unease.
Has Vladimir Putin Just Overplayed His Hand?
The Russia leader was riding high at home this year with the successful Winter Olympics and his annexation of Crimea. Now he's staring at a recession and has alienated Western nations that could help.
Russia's Rate Increase Fails To Stop Currency's Steep Decline
The ruble plunged to a record low against the dollar today despite efforts by the Russian central bank to stabilize it.
Russia Boosts Interest Rates To 17 Percent Amid Currency's Slide
The move to raise rates from 10.5 percent is aimed at limiting the ruble's slide and curbing inflation. Sanctions and low oil prices have made it the world's worst-performing major currency this year.
Oil Prices Go Down, Russia's Gold Buying Goes Up
Russia, China and other emerging market countries have been buying up large quantities of gold, something governments and individuals have done for centuries during uncertain economic times.
Greece Condemns British Museum For Lending Out Elgin Marbles
Athens has long demanded the return of the ancient sculptures it says were looted in the early 1800s from the Parthenon and other famous structures.
For World's Oil Exporters, Falling Prices Have A Domino Effect
Falling oil prices have been good news for the U.S. But they're causing multiple problems for some exporters. Government budgets are strained. Economies are struggling. Currencies are crashing.
Putin Defiant In Speech In Face Of Sanctions, Economic Woes
The Russian president said in his state of the union speech that the "difficulties" his country faces "also create new possibilities." He accused the West of trying to break up Russia.
FIFA To Review World Cup Corruption Report
The decision reopens for scrutiny the mechanism by which Russia and Qatar were awarded the tournament in 2018 and 2022. The two countries were cleared last week of corruption in their winning bids.