Russia bails out bank following ruble slide
By NATALIYA VASILYEVA Russia has bailed out a mid-sized bank for about $500 million to save it from bankruptcy— a clear sign that the slide in the value of the…
Energy industry
New York to ban fracking; environmentalists cheer
By MARY ESCH Handing environmentalists a breakthrough victory, New York plans to prohibit fracking for natural gas because of what regulators say are its unexplored health risks and dubious economic…
Putin accuses West of trying to sideline Russia
By LAURA MILLS and VLADIMIR ISACHENKOV Russian President Vladimir Putin vowed Thursday to fix Russia’s economic woes within two years, voicing confidence that the plummeting ruble will recover and promising…
New York to ban fracking; environmentalists cheer
By MARY ESCH Handing environmentalists a breakthrough victory, New York plans to prohibit fracking for natural gas because of what regulators say are its unexplored health risks and dubious economic…
Russians flock to stores to pre-empt price rises
By NATALIYA VASILYEVA Russian consumers flocked to the stores Wednesday, frantically buying a range of big-ticket items to pre-empt the price rises kicked off by the staggering fall in the…
Qatar: Small country the big new player in sport
By JOHN LEICESTER and ROB HARRIS Leaders of Qatar seem to have a simple formula for their plans over the next decade: money + sports = global fame. Never in…
Russian ruble sinks sharply despite bank rate hike
By NATALIYA VASILYEVA The Russian ruble came under intense selling pressure Tuesday, falling at one point by a catastrophic 20 percent to a new historic low despite a massive pre-dawn…
US businessman Mike Zaltsman jailed in Russia over broken window
By JAMES ELLINGWORTH and NATALIYA VASILYEVA Last year, he tried to bring NFL superstar Tim Tebow to Moscow to play for his American football team on a $1 million-per-game contract.…