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>> RUSSIA Latest News

3 HOURS AGO - Newsmax

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Reuters Poll: Russia to Plunge Into Recession in 2015, Ruble to Stay Pressured

The Russian economy will slide next year into its first recession since the global financial crisis and inflation will be close to double digits, economists forecast in a Reuters poll, as the oil price crash and Western sanctions bite.

Tags: Reuters Poll: Russia to Plunge Into Recession in 2015, Ruble to Stay Pressured,  Russia Latest News

4 HOURS AGO - New York Times

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DealBook: Russia Bails Out a Failing Lender, Trust Bank

The country’s central bank said it would inject $530 million into Trust Bank, and analysts predict more bailouts could follow.

Tags: DealBook: Russia Bails Out a Failing Lender, Trust Bank,  Russia Latest News

4 HOURS AGO - Zero Hedge

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Kazakhstan Prepares For $40 Oil, Gary Schilling Says "Oil Going To $20"

"People should not be worried," explained Kazakhstan President Nursultan Nazarbayev in a TV address over the weekend, "we have a plan in place if oil prices are $40 per barrel." Kazakhstan, the second largest ex-Soviet oil producer after Russia, explains "there are reserves which could support people, preventing living conditions from worsening." However, if A. Gary Schilling's reality check of ...

Tags: Kazakhstan Prepares For $40 Oil, Gary Schilling Says "Oil Going To $20",  Russia Latest News

5 HOURS AGO - Seattle Times

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Russia bails out bank following ruble slide

Russia has bailed out a mid-sized bank for about $500 million to save it from bankruptcy-- a clear sign that the slide in the value of the ruble in the wake of falling oil prices is straining the banking system.

Tags: Russia bails out bank following ruble slide,  Russia Latest News

5 HOURS AGO - Benzinga

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Soybeans End Day Higher, Wheat Lower

March Soybean futures closed at $1044 1/2, up 6 cents. March Soymeal futures ended the session at $356.10, up 4.10. March Soybean Oil closed the light pre-holiday trade at $32.19, up 0.03. March Chicago Wheat closed down 7 1/2 cents at $624 3/4. March Kansas City Wheat closed down 9 3/4 cents at $656 1/4. Less concern over Russia delays ...

Tags: Soybeans End Day Higher, Wheat Lower,  Russia Latest News