Dec 23, 2014

Crisis-hit Russia's main allies moving closer to Ukraine

Kazakh President Nursultan Nazarbayev followed his Belarusian counterpart to Ukraine on Monday as Moscow’s old allies reassessed their reliance on Russia in the heat of its financial malaise. Both visits were ostensibly made to kickstart stalled peace talks between Kiev and the two Russian-speaking ...

Dec 23, 2014

Russia in grips of 'full-fledged economic crisis,' ex-minister says

Russia’s government has pushed the country into an economic crisis by not tackling its financial problems fast enough, former finance minister Alexei Kudrin said on Monday, as evidence mounted of trouble spreading through the economy. The central bank bailed out its first victim of ...

Putin praises Russian military, says modernization to continue

Dec 20, 2014

Putin praises Russian military, says modernization to continue

Boasting about the Russian military’s capability, President Vladimir Putin vowed Friday to continue an ambitious weapons modernization program with a particular emphasis on nuclear strategic forces. The move came amid Russia’s escalating standoff with the West. Speaking at a meeting with Russia’s top military ...

Russian military has close calls with civilian jetliners

Dec 19, 2014

Russian military has close calls with civilian jetliners

Recent close shaves between Russian military planes and civilian aircraft highlight the dangers of the cat-and-mouse game being played out between Moscow and the West in European skies amid the crisis in Ukraine, analysts say. In the latest incident, Sweden said Dec. 12 that ...

Dec 19, 2014

Assertive Russia leads to military rethink in Sweden

With an assertive Russia next door, Sweden has started to beef up its military after a decade of downsizing, but a credible deterrent may take years to achieve, analysts warn. In one of the most dramatic steps since the end of the Cold War, ...

EU leaders ready long confrontation with Russia

Dec 19, 2014

EU leaders ready long confrontation with Russia

European Union leaders warned Moscow they were ready to exercise their combined muscle over the long haul in a confrontation with an economically wounded Russia if President Vladimir Putin refused to pull back from Ukraine. “We must go beyond being reactive and defensive. As ...

Dec 19, 2014

U.N. General Assembly calls for North Korea to be referred to ICC

The U.N. General Assembly on Thursday condemned North Korea’s rights record and called for Pyongyang to be referred to the International Criminal Court to face charges of crimes against humanity. The nonbinding resolution was adopted by a vote of 116 to 20 with 52 ...

Dec 17, 2014

Ruble collapse 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. A 6.5 percentage point interest rate rise to 17 percent overnight failed to prevent the currency ...