BRICS bank to finance energy projects from next year: Vladamir Putin

Russian President Vladimir Putin said on Thursday that a new BRICS bank would become fully operational and finance energy projects next year as emerging markets attempt to challenge the Western-dominated financial system.

Russia President Vladamir Putin woos China before BRICS summit

Russian President Vladimir Putin and his government courted Beijing on Wednesday before a BRICS summit, playing down a stock market plunge in China and proposing better terms for investors from Beijing.

BRICS summit gives Putin a chance to show Russia not isolated

The BRICS emerging economies will launch a development bank at a summit this week which President Vladimir Putin hopes will help reduce Western dominance of world financial institutions and show Moscow is not isolated.

Vladamir Putin tells Alexis Tsipras supports Greek people to `overcome difficulties`

Russian President Vladimir Putin on Monday told Greek Prime Minister Alexis Tsipras he supported Greeks in overcoming the "difficulties" they faced after their resounding `No` to creditors` bailout terms, the Kremlin said.

World Bank improves outlook of Russia`s battered economy

The World Bank on Monday said it saw some improvement in Russia`s battered economy, predicting it would shrink by 2.7 percent this year and return to growth of 0.7 percent in 2016.

IMF sees less pessimistic outlook for Russian economy

The International Monetary Fund on Thursday announced a less pessimistic forecast for Russia`s economy, predicting no more than 3.4 percent contraction in 2015 and emergence from recession in 2016.

Vladamir Putin takes 10% salary cut in crisis-hit Russia

Russian President Vladimir Putin announced Friday he was cutting his salary by 10 percent as well as the earnings of several top government officials, as the country`s economy reels from the collapse of the ruble.

Obama warns Putin ahead of Ukraine peace talks
Obama warns Putin ahead of Ukraine peace talks

US President Barack Obama called his Russian counterpart Vladimir Putin on Tuesday to discuss escalating violence in eastern Ukraine, urging him to embrace a negotiated solution.

Barack Obama delays Ukraine arms decision

US President Barack Obama on Monday agreed to hold off a controversial decision on sending arms to Ukraine until German-led efforts to broker a ceasefire with Russia are given a chance.

US considering arming Ukraine with lethal weapons: Barack Obama

The US is examining the possibility of arming Ukraine with "lethal defensive weapons" President Barack Obama said today but insisted that no decision in this regard had been made yet.

West presses Putin to back `last-chance` Ukraine peace bid

Western leaders challenged Russian President Vladimir Putin Saturday to prove he wants peace in Ukraine, warning both sides a new Franco-German peace drive may be a "last chance" to stop all-out war.

Ukraine president pushes for fast cease-fire, defensive arms

Ukraine's president pushed for both a quick cease-fire in his country's troubled east and defensive weapons from the West, as mediators have sought momentum for a deal to stem the fighting at Europe's edge.

Unipolar world unacceptable to Russia: Vladamir Putin

Russian President Vladimir Putin said Saturday that his country would never accept a unipolar world.

Russia's Vladamir Putin says will not wage war on anyone

Russian President Vladimir Putin said on Saturday Russia did not plan to wage war on anyone although a world order where one leader tells others what they can do would not suit Moscow.

German, French leaders in Kremlin for tense Ukraine talks

The leaders of France and Germany flew to Moscow on Friday in a last-ditch effort to negotiate a peace deal for Ukraine, but expectations of a breakthrough were low after gains on the battlefield by pro-Russian rebels.

Vladamir Putin has Asperger's syndrome: Pentagon study

A Pentagon study from 2008 claimed that Russian President Vladimir Putin has Asperger's syndrome, giving him a need to exert "extreme control" when faced with crises, according to the report released Thursday.

Russia unveils $35 billion anti-crisis plan, silent on cuts to pay for it

Russia announced a $35 billion "anti-crisis" spending plan on Wednesday to bail out an economy battered by Western sanctions and falling oil prices, but gave few details of the deep cuts it said would be enacted this year to pay for it.

Russian economy suffers first major contraction since 2009

Russia's economy shrank sharply in November and the rouble resumed its slide on Monday as Western sanctions and a slump in oil prices combined to inflict the first contraction in GDP since the global financial crisis.

Ruble fall creates turbulence for Russian airlines

Their international competitors may be cheering tumbling oil prices, but the collapse in the ruble has meant major financial turbulence for Russian airlines who have expenses in foreign currencies.

Russia to supply coal, electricity to Ukraine

 Russia will provide 500,000 tons of coal to Ukraine per month, as well as 9 billion kilowatt-hours of electricity, Russian Deputy Prime Minister Dmitry Kozak said Saturday.