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…
Financial crisis
Putin: Russia military modernization plan to go on
President Vladimir Putin says Russia will continue its ambitious military modernization program with a particular emphasis on nuclear strategic forces. Speaking at Friday’s meeting with top military brass, Putin said…
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…
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…
A FRESH START FOR HILLARY CLINTON AND LIBERALS?
By KEN THOMAS FILE – In this Jan. 27, 2014 file photo, former Secretary of State Hillary Rodham Clinton speaks in New Orleans. Liberals may be giving Hillary Rodham Clinton…
UK GOVERNMENT PREDICTING SURPLUS BY DECADE’S END
By DANICA KIRKA In this still taken from video, Britain’s Chancellor of the Exchequer George Osborne delivers his autumn statement to MPs in the House of Commons, central London, Thursday…
JPMorgan, government finalizes deal
By PETE YOST and MARCY GORDON FILE – The JPMorgan Chase & Co. logo is displayed at their headquarters in New York, in this Monday, Oct. 21, 2013, file photo.…
Geithner to join private equity firm
FILE – This Feb. 2, 2012 file photo shows then Treasury Secretary Timothy Geithner during a news conference at the Treasury Department in Washington. The former U.S. Treasury Secretary is…