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.
NATO says Russian air force jets posing risk to aviation in Baltic
NATO accused Russia of posing a danger to civil aviation in the Baltic region after Stockholm protested over a Russian air force jet it said had flown too close to an airliner and had turned off one of its location instruments.
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.
Canada, China to sign deal on return of fugitives' seized assets
Canada is set to sign a deal with China to return ill-gotten assets seized from those suspected of economic crimes, the official China Daily reported on Monday, as Beijing works to track down corrupt officials who have fled overseas.
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