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 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.
Russia says U.S. scrapping steel trade deal raises WTO issues
Russia has complained that a U.S. move to scrap a 15-year-old deal sheltering Russian flat-rolled steel producers from high import duties is inconsistent with World Trade Organization rules.
China offers $3 billion in aid and loans to neighbors
China has offered more than $3 billion in loans and aid to neighbors Cambodia, Vietnam, Myanmar, Thailand and Laos to improve infrastructure and production, and to fight poverty, state media reported on Saturday.
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.
No risk of contagion from Greek vote
Italian Economy Minister Pier Carlo Padoan said on Thursday that possible fallout from Greece's political showdown would not trigger a euro zone debt crisis like the one that pushed Italy close to default three years ago.
EU bans investment in Crimea, targets oil sector, cruises
The European Union banned investment in Crimea on Thursday, halting European help for Russian Black Sea oil and gas exploration and outlawing European cruise ships from calling at Crimean ports.
Putin says Russia economy will be cured, offers no remedy
President Vladimir Putin assured Russians on Thursday that the economy would rebound after the ruble's dramatic slide this year but offered no remedy for a deepening financial crisis.
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