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Moscow is building a bridge from Russia to Crimea

Russia is pressing ahead with the construction of a bridge from the mainland to the Crimean peninsula, which it annexed from Ukraine in March 2014, according to a report by the pro-Ukrainian news site...

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10 things you need to know in markets today

Good morning! Here are the 10 things you need to know in markets today.Greece has officially missed its payment to the IMF. Though this is not technically considered a "default"— the IMF now considers...

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Russia has halted gas supplies to Ukraine

Moscow (AFP) - Russian gas company Gazprom said on Wednesday it was halting all natural gas supplies to Ukraine after Kiev announced the immediate suspension of Russian gas purchases the day...

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Putin had an abysmal record in Russia’s second-largest city — here's why he...

In this excerpt from Mr. Putin: Operative in the Kremlin, Brookings experts Fiona Hill and Clifford Gaddy describe why Vladimir Putin likely came to power in Moscow after a seemingly unsuccessfully...

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Attitudes toward the US have never been worse in post-Soviet Russia

It's no secret that Russian-American relations have severely cooled over the last year.In fact, an opinion poll led by Moscow-based Levada Center revealed that over 80% of Russians have a negative view...

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Russia and Turkey can't agree on gas prices

Update: Turkish officials told Reuters that Gazprom and Turkey are "likely to finalise a deal on natural gas prices by mid-July."Russia's big plan to build the Turkish Stream might have hit a snag as...

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Russia says America's new military strategy is confrontational

MOSCOW (Reuters) - Russia said on Thursday a new U.S. military strategy was confrontational and would not help improve relations with Moscow.The strategy, released by the Pentagon this week, said...

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Big economies go into financial crisis and default all the time

Everyone's anxiously waiting on Greece's referendum vote after the country failed to make a payment to the IMF on Tuesday.For Greece, dealing with financial problems isn't anything new. The country has...

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Russia is challenging Nordic countries along their borders

It took until 10 a.m. on the third day of NATO’s annual naval exercise in the Baltic Sea before Sgt. Maj. Lasse Jensen picked up traces of the Russian spy plane he had been expecting.The moment it...

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Russia just slammed the new US's new military strategy

Russia has slammed a new US military strategy as "confrontational," saying it would not help improve relations with Moscow, strained by the crisis in Ukraine.Kremlin spokesman Dmitry Peskov said on...

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One enterprising Russian farmer has a currency backed by potatoes

One Russian farmer tried to start a currency backed by potatoes."Fed up with his struggling farm village's capacity to stay afloat amid the economic crisis, [Mikhail] Shlyapnikov introduced kolions —...

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A man who used to be 'the Kremlin's banker' is suing Russia for $15 billion

The man who used to be known as "the Kremlin's banker" is suing Russia.Sergei Pugachev told independent Russian TV channel "Dozhd" ("Rain") that he is in the process of suing Russia for $15 billion...

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One Belarusian company reportedly started paying its employees in sour cream

One milk-processing factory in Slonim, Belarus reportedly started paying its employees in sour cream rather than in Belarusian rubles, according to the Belarus Digest.But this isn't the only case of...

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Russia has successfully launched a cargo ship to the space station

By Irene KlotzCAPE CANAVERAL, Fla. (Reuters) - A Russian Soyuz rocket blasted off on Friday to deliver a cargo ship loaded with food, water and equipment to the International Space Station, breaking a...

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Saudi Arabia might be leaving the US behind for Russia

The news from the recent St. Petersburg Economic Forum, which took place from June 18 to 20, inspired a torrent of speculation on the future direction of energy prices.But the real buzz at the...

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A Russian billionaire is reportedly building the world's largest sailing yacht

Russian billionaire Andrey Melnichenko is building the largest sailing yacht ever, according to CNBC's Robert Frank.The boat will be 482 feet (147 meters) long — or about 1.3 times the length of a...

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Putin called Obama to wish him a happy 4th of July

Russian President Vladimir Putin called for dialogue based on equal treatment and mutual respect with the United States on Saturday in a congratulatory message to President Barack Obama marking U.S....

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Step inside the tiny former Soviet country that doesn't technically exist

We all take pride in our roots, but photographer Anton Polyakov has a unique love for his homeland.Polyakov was born and raised in the breakaway province of Transnistria, an approximately 125-mile-long...

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It's beginning to look like we'll let Ukraine fall apart

A Ukrainian military unit last week released footage from a drone showing a large new Russian military base in eastern Ukraine, equipped with T-72 tanks, barracks, communications equipment and even a...

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Russia is seeing conspiracies in Armenia where none exist

Last month, Armenia's electricity monopoly, which is owned by a Russian conglomerate headed by one of Vladi­mir Putin's cronies, was granted a big price increase by a government commission.Protesters...

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