EU, US to impose new Russia sanctions: White House

The White House says it expects the European Union to impose new sanctions this week against Russia, including against key sectors of the Russian economy, and that the United States will implement additional measures as well.

Games unlikely to boost Russian economy: Moody`s

Hosting the Winter Olympics in Sochi at a reported cost of $50 billion is unlikely to provide much of a boost to the Russian economy, ratings agency Moody`s said in a report on Wednesday.