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Russia's Putin orders suspension of free trade zone with Ukraine
President Vladimir Putin on Wednesday ordered his government to suspend Russia's free trade zone with Ukraine from Jan. 1, making good on Moscow's threats to Kiev which seeks closer ties with the European Union.
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Merkel-led austerity helps National Front, German SPD leader says
The leader of Germany's Social Democrats (SPD) accused Chancellor Angela Merkel on Friday of fuelling support for France's far-right National Front by insisting on tighter budgets during the euro zone crisis.
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As pension reform crunch nears, Greek coalition looks fragile
Greek Prime Minister Alexis Tsipras' governing majority is looking fragile as crunch time approaches for a pension reform that will test his resolve to impose painful measures to satisfy Athens' international creditors.
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Oil Prices Plummet As Investors Brace For Flood Of Iranian Crude
Oil prices plummeted to their lowest levels since the depths of the global recession in February 2009 as investors braced for a flood of Iranian oil in an already glutted market.
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Kazakhstan Becomes Full-Fledged WTO Member
Kazakhstan has become the 162nd member of the World Trade Organization (WTO).
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IMF gives China's currency prized reserve asset status
The International Monetary Fund on Monday, as expected, admitted China's yuan into its benchmark currency basket in a victory for Beijing's campaign for recognition as a global economic power.
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Putin approves economic retaliation measures against Turkey
Russian President Vladimir Putin signed a decree imposing economic sanctions against Turkey on Saturday, four days after Turkey shot down a Russian warplane near the Syrian-Turkish border.
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Oil gains, bond prices inch up on Turkey-Russia tensions
Oil prices jumped and government debt prices edged up on Tuesday after Turkish jets shot down a Russian warplane near the Syrian border, adding to worries about tensions in the Middle East.
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