EU to tighten sanctions on Crimea in time for leaders summit
The European Union will widen its ban on investment in Crimea to target Russian Black Sea oil and gas exploration, EU officials said on Wednesday, tightening sanctions first imposed over Moscow's annexation of the region.
World set to end year in brittle economic state
The global economy is ending the year in a fragile state with factory activity shrinking in China, euro zone business growth remaining weak, and emerging market giant Russia in a spiraling currency crisis.
Ruble crisis could shake Putin's grip on power
Russia failed to halt the collapse of the ruble on Tuesday, leaving President Vladimir Putin facing a full-blown currency crisis that could weaken his iron grip on power.
Wall Street opens lower on oil, rouble drop
U.S. stocks opened lower on Tuesday as a further slide in crude oil prices and the Russian ruble sent traders fleeing from risky assets on global economic concerns.
Greek PM Samaras asks for support as key vote nears
Prime Minister Antonis Samaras begged the Greek parliament on Tuesday not to throw away sacrifices made to keep the country solvent, a day before deputies begin a vote that could force a snap election and reignite financial crisis.
Kerry says Russia has made 'constructive moves' on Ukraine in recent days
Russia has made constructive moves in recent days toward possibly reducing tensions in Ukraine, U.S. Secretary of State John Kerry said on Tuesday.
Draghi to urge European leaders to reform to back ECB stimulus
The head of the European Central Bank is set to tell European leaders in stark terms at a summit next week that they need to reform straggling economies or risk blunting an ambitious monetary offensive to help revive the stagnant euro zone.
U.N. climate talks risk collapse as China clashes with U.S.
U.N. talks on slowing climate change were threatened with collapse on Saturday after China clashed with the United States and led emerging nations to reject a compromise outline of an agreement.
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