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 18, 2014

Russia's downward slide

The decision by Russia's Central Bank to practically double interest rates in the middle of the night is a bad sign. The question now is how President Vladimir Putin will double-down to get Russia through a perfect economic storm.

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 ...

Russia's shriveling economy becomes a global threat

Dec 17, 2014

Russia's shriveling economy becomes a global threat

by Josh Boak

Russia’s suddenly escalating financial crisis risks spilling beyond its borders and endangering parts of the global economy. With economies in Japan, China, Europe and Latin America already ailing, fresh threats have emerged from Russia’s shriveled currency, its move to dramatically boost interest rates, the ...

Dec 16, 2014

Despite robust truce, Russia plots pain for Ukrainian economy

Fighting in eastern Ukraine between government troops and Russian-backed separatist forces has ground almost to halt. That should be good news for Ukraine, but Russia looks intent to pile on the economic misery. In a detailed Op-Ed piece Monday, Russian Prime Minister Dmitry Medvedev ...

Rights monitors slam Russia for spiraling attacks on gays

Dec 16, 2014

Rights monitors slam Russia for spiraling attacks on gays

Human Rights Watch sounded the alarm Monday over the rising number of homophobic attacks in Russia, slamming Vladimir Putin’s government for “inaction” and urging a crackdown on hate crimes. The U.S.-based rights group said homophobic attacks increased in Russia after Putin signed a hugely ...

Dec 15, 2014

U.N. says death toll in eastern Ukraine up to 4,707

Fighting in eastern Ukraine has killed at least at least 4,707 people since the conflict began in mid-April, and more than a quarter of the recorded deaths have come since a much-ignored ceasefire, U.N. rights investigators said Monday. A new report from the U.N. ...