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Ukraine

EU extends trade and investment ban on Crimea

EU governments extended for a year a ban on trade and investment with Crimea on Friday, meaning European help for Russian Black Sea oil and gas exploration and visits by European cruise ships will remain outlawed.

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Russian President Vladimir Putin

Putin ally handed contract to build Russian bridge to Crimea

Russia has handed a multi-billion dollar contract to build a bridge to the Crimea peninsula to an ally and former judo partner of Vladimir Putin who is under Western sanctions.

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Russia skyline

Russia says to supply coal, electricity to Ukraine

Russia has agreed on a new deal to supply coal and electricity to Ukraine, which is struggling with a lack of raw fuel for power plants due to a separatist conflict in the industrial east, Russian officials said on Saturday.

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Visa and Mastercard

Visa, MasterCard stop supporting bank cards in Crimea

The world's two largest credit and debit card companies, Visa Inc and MasterCard Inc, said on Friday they could no longer support bank cards being used in Crimea, following U.S. sanctions imposed earlier this month.

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Vladimir Putin

Russia's 'difficult' rate hike approved by Putin

Late on Monday night Russia's central bank governor wrung out an agreement with her officials to impose the country's biggest rate hike since the financial crisis of 1998 -- with the approval of President Vladimir Putin.

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Vladimir Putin

Putin to push trade in Turkey despite disagreement on Syria

Russian President Vladimir Putin's visit to Turkey on Monday will have trade and energy issues at its heart, but is not expected to bridge deep differences over Syria and Crimea.

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Ukraine

Crimeans should pay back loans to Ukrainian banks: Russia

Crimeans should pay off their debts to Ukrainian banks despite now living under Russian law, a Russian central bank official was quoted as saying, marking a change in position by Moscow which had suggested ignoring any payment demands.

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Coal Mine

Ukraine must buy coal from Russia to get through winter: energy ministry

Ukraine will be forced to buy coal from Russia to get through the winter, a serious setback to the country's efforts to lessen energy dependence on its powerful neighbor, Ukrainian Energy Minister Yuri Prodan said on Wednesday.

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Russia skyline

Russia's TMK sees higher rouble borrowing costs as sanctions bite

Russia's largest steel pipe maker TMK (TRMK.MM) is considering an initial public offering for its U.S. unit to help offset an expected 1-2 percentage point rise in rouble borrowing costs over the next few years as Western sanctions bite.

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Valeria Hontareva

Ukraine, Russia central bankers quip, shake hands in Washington

Female central bankers from Ukraine and its bitter rival Russia took the stage together in Washington on Saturday and described differing fallout from the conflict in eastern Ukraine.

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Viktor Yanukovich and Vladimir Putin

As Ukraine's debt tangle unwinds, Russia holds key thread

A selloff on Ukraine's dollar debt is focusing attention on a controversial $3 billion bond held by Russia, raising investor concerns that President Vladimir Putin could use the issue to trigger a cascade of defaults across Kiev's sovereign Eurobonds.

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Viktor Yanukovich and Vladimir Putin

EU slaps new sanctions on Russia, may suspend them if ceasefire holds

The European Union slapped new economic sanctions on Russia on Friday, but said they could be suspended if Moscow withdraws its troops from Ukraine and observes a ceasefire.

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Russian President Vladimir Putin

Putin's Ukraine gamble hastens exodus of Russian money and talent

The Kremlin's worst clash with the West since the 1991 collapse of the Soviet Union has accelerated the outflow of two of Russia's most prized assets: money and brains.

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crash site of flight MH17 in eastern Ukraine

Fighting flares in Ukraine as crash investigators arrive

Fighting flared in the eastern Ukrainian city of Donetsk on Monday as investigators began to inspect the bodies of victims of the downing of Malaysia Airlines flight MH17 last week.

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