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.
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.
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.
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.
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.
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.
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.
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 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.
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.