STOCKHOLM — Russian Prime Minister Vladimir Putin recently announced that Russia, Belarus and Kazakhstan have abandoned their separate talks to join the World Trade Organization. Instead, they would seek to enter the world trade body as a single customs union. In effect, this means ...
WASHINGTON — The whole world is being hit by a tremendous financial crisis, but Russia is facing a perfect storm. The Russian stock market is in free fall, plummeting by 60 percent since May 19, for a loss of $900 billion. And the plunge ...
KIEV — Inflation in Ukraine is skyrocketing. By March, it reached 26 percent per year and continues to rise. Although prices are increasing around the world, Ukraine's is extreme, twice as much as in neighboring Russia. Amazingly, instead of dampening inflation, Ukraine's central bank ...
WASHINGTON — On Wednesday through Friday, NATO will hold its biggest summit ever in Bucharest, the capital of its new member, Romania. Incredibly, NATO has invited its fiercest critic, Russian President Vladimir Putin, to attend. For the first time since 2002, he will. His ...
WASHINGTON — Russian President Vladimir Putin's assertive foreign policy stance of recent years reflects the confidence that comes with a booming economy. In 1999, the year before Putin succeeded Boris Yeltsin as president, Russia's GDP was a paltry $200 billion. By last year, it ...
