Moscow
Cyprus MPs study bailout 'Plan B' as meltdown looms
Mar 22, 2013 04:39 EDT
Cyprus is scrambling to overhaul its banking sector to avoid financial meltdown, after the European Central Bank threatened to pull the plug on emergency funding for the island's lenders.
Cyprus' Sarris leaves Russia without deal
Mar 22, 2013 04:20 EDT
Cypriot Finance Minister Michalis Sarris left Moscow on Friday after two days of talks aimed at securing a financial lifeline from Russia without reaching an agreement.
Putin welcomes China's Xi for landmark talks
Mar 22, 2013 02:13 EDT
Russian President Vladimir Putin and China's new leader Xi Jinping are to hold landmark talks Friday in the hope of further cementing the two countries' partnership with a range of strategic agreements.
Cyprus launches banking overhaul as meltdown looms
Mar 21, 2013 23:17 EDT
Cyprus is scrambling to overhaul its banking sector to avoid financial meltdown, after the European Central Bank threatened to pull the plug on emergency funding for the island's lenders.
Putin welcomes China's Xi for landmark talks
Mar 21, 2013 22:49 EDT
Russia's President Vladimir Putin and China's new leader Xi Jinping are to hold landmark talks on Friday in the hope of further cementing the two countries' partnership with a range of economic and strategic agreements.
Pro-fracking filmmaker accuses IMF of censorship
Mar 21, 2013 14:36 EDT
The maker of a documentary in support of oil and gas fracking accused the International Monetary Fund Thursday of censorship after it declined to show a key clip from his film at a conference.
China web users deluge Russia blog with insults
Mar 21, 2013 14:31 EDT
Chinese Internet users have deluged the microblog of the Russian embassy in Beijing with thousands of abusive comments within days of its opening, just ahead of a visit to Moscow by China's new president Xi Jinping.
Overhaul of Cyprus banks on cards as meltdown looms
Mar 21, 2013 14:24 EDT
Cyprus Thursday was examining an overhaul of its banking sector to avoid financial meltdown after the European Central Bank threatened to pull the plug on emergency funding for the island's banks.
Cyprus brinksmanship could spin out of control: analysts
Mar 21, 2013 13:41 EDT
As the EU raised the spectre of a eurozone exit for Cyprus, experts warned on Thursday of the consequences of brinksmanship from Brussels to Moscow in the race to fix new bailout terms.
FTSE 100 shares close lower
Mar 21, 2013 13:18 EDT
London shares closed lower on Thursday as traders looked past positive economic data to focus on bleak eurozone news, notably fallout from the Cyprus bailout impasse.
Closure fears spark run on Cyprus Popular Bank
Mar 21, 2013 12:55 EDT
Anxious Cypriots queued outside Popular Bank ATM machines on Thursday to withdraw their cash as fears rose that the country's banking meltdown will mean its second largest bank closes for good.
Russian Rosneft completes $56 bn TNK-BP takeover
Mar 21, 2013 11:38 EDT
Russian state oil giant Rosneft announced Thursday the creation of the world's top listed oil firm as it sealed a $56-billion acquisition of the British and local stakes in the lucrative but strife-torn joint venture TNK-BP .
Russian actress fights Down's Syndrome prejudice
Mar 21, 2013 11:13 EDT
When Russian actress Evelina Blyodans gave birth to a son with Down's Syndrome, the first question from the doctor at the maternity hospital came as a shock: "Are you going to keep him?"
Islamist hacks Femen Tunisia Facebook page
Mar 21, 2013 10:59 EDT
An Islamist activist on Thursday hacked the Facebook page of feminist group Femen's Tunisian branch and posted religious messages after images of two members of the group posing topless were published on the Internet.
Russian artist who impersonated Monroe, Putin dies
Mar 21, 2013 10:51 EDT
Top Russian artist, Vladislav Mamyshev-Monroe, who painstakingly transformed himself to resemble Adolf Hitler, Marilyn Monroe and Vladimir Putin for avant-garde photo performances, has died at 43, Russian news agencies reported Thursday.
Cyprus banks face meltdown as ECB ready to pull plug
Mar 21, 2013 10:42 EDT
The European Central Bank warned Thursday it was ready to pull the plug on emergency funding for Cyprus banks as the island's politicians scrambled to raise billions of euros to head off financial meltdown.
Cyprus sets up investment fund as part of bailout package
Mar 21, 2013 08:09 EDT
Cyprus politicians Thursday agreed to set up an investment fund as part of a Plan B to secure a bailout deal with eurozone lenders, while ruling out a tax on bank deposits that sank an earlier deal.
Cyprus weighs new bailout plan as meltdown looms
Mar 21, 2013 07:00 EDT
Cyprus was on Thursday fine-tuning a "Plan B" aimed at securing a eurozone bailout that the European Central Bank warned should be adopted by the weekend to avoid a banking meltdown on the debt-hit island.
Cyprus to decide on new plan aimed at securing bailout
Mar 20, 2013 23:19 EDT
Cypriot leaders are to decide on Thursday on a newly drawn up plan aimed at securing a bailout for the near-bankrupt eurozone member, after parliament rejected a controversial tax on savings.
Cyprus shuts banks in scramble to secure bailout
Mar 20, 2013 16:11 EDT
Cyprus ordered banks to stay shut for another five days as ministers scrambled Wednesday to draw up a Plan B aimed at securing a bailout after parliament rejected a controversial tax on savings.
