Russia says ruble crisis over as reserves dive, inflation climbs
Russia said on Thursday its currency crisis was over even though its forex reserves have plunged and annual inflation has climbed above 10 percent, adding to the problems facing the government as it fights its worst economic crisis since 1998.
Russia says NATO turning Ukraine into 'frontline of confrontation'
Russia said on Wednesday NATO was turning Ukraine into a "frontline of confrontation" and threatened to sever remaining ties with the Atlantic military alliance if Ukraine's hopes of joining it were realized.
China offers fresh support for outbound investment
China will simplify currency rules and step up credit support for firms investing overseas, the cabinet said on Wednesday.
Israel police hold dozens of public officials in corruption probe
Israeli police said on Wednesday they had detained more than 30 serving and former public officials in an investigation into alleged corruption linked to a party in Prime Minister Benjamin Netanyahu's ruling coalition.
Informal capital controls arrest Russian ruble's slide
Russia's rouble hit its highest levels in two weeks on Tuesday, shored up by informal capital control measures designed to head off a repeat of the inflation and protests that marked Russia's 1998 financial crisis.
Russia growls across the border as Lithuania readies for euro
Geopolitics plague Lithuanians at this frozen Russian border post, where a return trip by car can mean 48 hours of queuing. It is a reminder for some of why the former Soviet republic will cement its move to the West by joining the euro zone next month.
Ukraine peace talks may be held in Minsk on Dec. 24 and 26
A fresh round of peace talks involving Russia, Ukraine and the Organization for Security and Cooperation in Europe will be held in the Belarussian capital on Dec. 24 and 26, Ukrainian President Petro Poroshenko said in a statement on Monday.
Russia in recession in 2015, ruble to stay pressured
The Russian economy will slide next year into its first recession since the global financial crisis and inflation will be close to double digits, economists forecast in a Reuters poll, as the oil price crash and Western sanctions bite.
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