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…
Prices
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…
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…
Ivory prices soar in China on new demand: report
By JASON STRAZIUSO Street prices for illegal ivory are soaring in China, where newly wealthy middle and upper class citizens are buying carved ivory and whole tusks as a status…
IRAN’S PRESIDENT REGRETS FOOD RATION PROBLEMS
By NASSER KARIMI In this photo released by the official website of the office of the Iranian Presidency, President Hassan Rouhani sits in a meeting with Swedish Foreign Minister Carl…
US consumer prices drop 0.1 pct. on cheaper gas
By JOSH BOAK In the Monday, Sept. 23, 2013, photo, price tags hang on merchandise at T.J. Maxx in North Andover, Mass. The government reports on consumer prices for October…
Markets remain lackluster in run up to Fed minutes
By TOBY STERLING An invested looks at the stock price monitor at a private securities company Tuesday Nov. 19, 2013 in Shanghai, China. World stocks were muted Tuesday as a…
What’s holding the eurozone recovery back?
By PAN PYLAS Stevedores work to unload a cargo ship at Lisbon’s Santa Apolonia port, Thursday, Nov. 14, 2013. The recovery from recession in the 17-country eurozone nearly came to…