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Obama blasts Russia in tense call with Putin over Ukraine
U.S. President Barack Obama told Russian President Vladimir Putin on Monday that Russia's actions in Ukraine were not conducive to a diplomatic solution of the crisis in that country, and the White House warned that Moscow would suffer further costs for its behavior.
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EU agrees to expand Russia sanctions, may hold emergency summit on Ukraine
The European Union agreed on Monday to step up sanctions against Russia over Ukraine by expanding a list of people targeted with asset freezes and visa bans, and said the bloc could hold an emergency summit next week to adopt further measures.
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Russian troops amass on Ukraine's eastern border
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China backs aid for Ukraine, worried by IMF funding capacity
China said on Saturday it backed IMF financial support for Ukraine, but expressed concern about the global lender's funding capacity given the failure of the U.S. Congress to ratify a program of reforms for the institution.
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Ukraine suspends gas payments to Russia until talks conclude
Ukraine's state-run energy company Naftogaz has suspended gas payments to Russia until the conclusion of price talks, chief executive Andriy Kobolev was quoted as saying on Saturday.
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Billionaire Russian gas trader says U.S. sanctions a badge of honor
Gennady Timchenko, the billionaire Russian gas trader hit with U.S. sanctions over his alleged ties with the Kremlin following Russia's annexation of Crimea, said being singled out by Washington was a badge of honor.
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Russian gas exports to Ukraine decline this month: source
Russian gas exports to Ukraine have been falling since early April, a gas industry source said on Friday, declining to give a reason for the reduction.
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Ukraine looks to Europe for gas as Russia ups pressure
Ukraine said on Friday it would turn to Europe for gas and won a promise of help from Brussels after Russia warned it could cut supplies over Kiev's refusal to pay Moscow's "political, uneconomic price" for supplies.
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