Russia

Behind Cyprus' Plan to Seize Bank Deposits

A plan to seize up to 10 percent of Cypriot's savings has been met with fury and raised concern, if not panic, in the rest of Europe about the security of bank deposits.

Vladimir Putin Is Trying to Buy Up the World's Gold

Russia has become the world's biggest buyer of gold. Following a policy set by long-time leader Vladimir Putin, Russia's Central Bank added 570 metric tons of gold, about 25 percent more than second-ranked gold bug China acquired over the same period.

Freedom from Earsplitting Ads: The CALM Act Goes Into Effect

You may not have heard about the CALM Act before, but when you witness the results as the law goes into effect today, you'll probably want to applaud loudly. At last, TV commercials can no longer be broadcast at a higher volume than the programs they accompany.

Automakers Look to Rev Up Sales Growth in Russia

Luxury cars to pamper your inner oligarch caught the eye as the Moscow motor show opened on Wednesday, but it is the Russian of more modest means who has the attention of the world's carmakers, keen to profit from one of Europe's few growing markets.