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.
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.
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