China and Russia Lay Foundation for Massive Economic Cooperation

In the past decade, Beijing and Moscow have been more competitors than partners. But that relationship may now be changing as Russian and Chinese leaders are considering combining their two countries’ regional economic projects — the Eurasian Economic Union and the Silk Road Economic Belt, respectively.

G7 leaders urge tough line on Russia at start of summit

Leaders from the Group of Seven (G7) industrial nations backed a tough line toward Moscow at the start of a summit in the Bavarian Alps, with U.S. President Barack Obama urging the gathering to stand up to Russian aggression in Ukraine.

Oil price slide and sanctions 'cost Russia $140bn'

The falling oil price is costing Russia up to $100bn a year, while Western sanctions have hit the country by $40bn, its finance minister has said.

Russia Rating Cut by Moody’s on Sluggish Economic Growth

Russia’s ruble dropped and sovereign bonds were little changed after the country’s credit rating was cut to the second-lowest investment grade by Moody’s Investors Service amid sanctions over Ukraine.

As G20 chases growth goal, members differ on how to get there

(Reuters) - Financial leaders of the Group of 20 top economies remain committed to chasing higher global growth, but were divided on how to achieve it as Germany pushed back at calls from the United States and others for more immediate stimulus.

Russian rouble falls to new low on sanctions threat

The Russian rouble fell to a record low against the dollar as investors fear further sanctions against the nation.

G20 trade ministers reaffirm growth commitments

SYDNEY, July 19 – G20 trade ministers reaffirmed Saturday their commitment to free trade as a central driver of growth and to streamline the flow of goods through borders.

What Russia-China relations mean for the dollar

If there was one takeaway from Russia's annual economic shindig in St Petersburg last week, it was that the country is continually looking to its neighbor China for trade and investment.

China and Russia sign historic $400bn gas deal after 10 years of negotiations

After 10 years of negotiations, Russia's Gazprom and China's CNPC have finally signed a historic gas deal which will provide the world's fastest growing economy with the natural gas it needs to keep pace for the next 30 years.

Exclusive: German industry steps up drive to prevent Russia sanctions

(Reuters) - German industry is ramping up efforts to dissuade Chancellor Angela Merkel from imposing tough new economic sanctions on Russia over Ukraine, warning of lasting damage to domestic firms and the broader economy if Moscow is hit hard.

How the Russian economy has taken a turn for the worse

Russia's economy was struggling even before the crisis in Ukraine, but things have now taken a turn for the worse, according to the International Monetary Fund.

Dollar Gains on Accord to Reduce Tension in Ukraine

The dollar strengthened for a fifth day against a basket of major peers as an agreement to start de-escalating the conflict in Ukraine sent stocks higher and pushed Treasuries down the most in a month.

Forcing Russia Out of Markets Seen as Ukraine Leverage

Forcing Russia out of global financial markets is the strongest tool at U.S. President Barack Obama’s disposal if he wants to stop Vladimir Putin’s territorial ambitions, according to former government officials and sanctions specialists.

Putin Deports Executives for Speeding as Sanctions Loom

Even before the Ukraine standoff, foreign companies in Russia say they were alarmed by the number of executives being deported for minor infractions.

Russia-Ukraine 'closer on gas price' after Sochi talks

Russia says differences with Ukraine on reducing the price of Russian gas have been narrowed after talks in the Black Sea resort of Sochi.

G20 Summit: Syria, World Economy Discussed

The Group of 20, a group of countries developed and emerging whose populations comprise two out of three people on Earth, saw their world leaders gather in St. Petersburg over the last two days.

G20 to say economy recovering, crisis not yet overcome: Russia

RUSSIA: The Group of 20 will say in its summit communique that the global economy is improving but it is too early to declare an end to crisis, a Russian official involved in its drafting said on Friday.

Obama seeks support for Syria strike at G-20

WASHINGTON (AP) — Facing roadblocks at home and abroad, President Barack Obama this week plans to urge reluctant world leaders to back an American-led strike against Syria even though the prospects for military action depend on the votes of a fractured U.S. Congress.

European Union supports the agenda of Russia's G20 Presidency

The 31st Russia-EU Summit took place on June 4 in Yekaterinburg. During the summit, Vladimir Putin and EU leaders discussed current issues related to their cooperation, including as part of their preparations for the G20 Summit.

Putin economy reshuffle to strengthen Kremlin: sources

MOSCOW (Reuters) - President Vladimir Putin will appoint Economy Minister Sergei Belousov as his chief economic adviser, in a reshuffle that will tighten the Kremlin's control over the management of Russia's $2 trillion economy, sources said on Friday.