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Russian stock market fell sharply as investors weighed the impact of western sanctions over Ukraine

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...sectors were also hit. Gas giant Gazprom was down 0.9%, oil firm Lukoil ended the day 1.36% higher. Russian steel company NLMK closed 1.94% lower. Shares in gas producer Novatek closed down 9.63%. The company is part owned by Gennady Timchenko, a shareholder in Bank Rossiya and one of the wealthy Russian businessmen targeted by Western sanctions. Ratings agencies S&P and Fitch warned they wer...

Russia has taken de facto armed control in Ukraine's Crimea region

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...al in far-eastern Crimea that operates services to Russia. There have also been further movements of Russian ships in the Black Sea – Sevastopol is the base of the Russian Black Sea Fleet. Some mobile phone services are reported to be blocked. Ukrainian navy commanders on Monday confirmed their loyalty to Ukraine, the Interfax-Ukraine news agency reported, despite an attempt by pro-Russian p...

President Vladimir Putin has signed into law a ban on Americans adopting Russian orphans

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Eight people have been arrested in Houston, Texas, on charges of illegally exporting hi-tech components to Russian security bodies. Alexander Fishenko, who owns companies in Texas and Moscow, was charged with operating in the US as an unregistered agent of the Russian government. The indictment names 11 suspects, all of whom are due in court in Houston except for three who are in Russia. There wa...

Vladimir Putin has formally informed the Russian parliament of Crimea's request to join the Russian Federation

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President Vladimir Putin has formally informed the Russian parliament of Crimea’s request to join the Russian Federation. This is the first legislative step towards absorbing the peninsula. Vladimir Putin, who signed a decree on Monday recognizing Crimea’s independence, also approved a draft bill on the accession. The move comes after a referendum on Sunday in which Crimean officials say 97...

President Vladimir Putin has defended a ban on Americans adopting Russian children, which has been proposed by the Russian parliament

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...a 8/4/13 Putins address to DUMA August 4 2013 putins address to the duma aug 4th putins illegitimate russian duma on Aufust 4 2013 russian duma session on august 4 2013 snopes comAlexander Putin address the Duma 8/4/13 vladimir chmerkovskiy vladimir putin speech in duma on August4 2013 vladimir putin speech to duma urban legend putin duma speech 2013 Aug 4 2013 Putin addresses Russian Duma august...

Pro-Russian protesters have seized state security buildings in eastern Ukraine

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...ory, which we will not allow,” he said, adding that people engaged in the unrest have distinct Russian accents. Arseniy Yatsenyuk said Russian troops remain stationed within 19 miles of the frontier. The city of Luhansk is just 15 miles west of Russia. Eastern Ukraine was the political heartland of Viktor Yanukovych, the pro-Russian president who fled to Russia in February after months of pr...

Six Ukrainian armored vehicles have been seized by pro-Russian militants in eastern town of Kramatorsk

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...les away, but only after agreeing to surrender the magazines from their assault rifles. The episodes come amid increasing tension across eastern Ukraine, blamed by the Kiev government and the West on covert Russian intervention in the region – an allegation denied by Moscow. The crisis escalated this month after pro-Russian rebels occupied buildings in about 10 towns and cities, demanding gr...

At least one person was injured during the assault on Belbek base, near Sevastopol

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...son was injured during the assault on Belbek base, near Sevastopol. The base is now said to be under Russian control. Earlier, several hundred unarmed protesters seized a Ukrainian naval base at Novofedorivka, western Crimea. Pro-Russian militia have also been seizing Ukrainian navy ships. Ukrainian troops in Crimea feel beleaguered and abandoned by their commanders in Ukraine. On Friday, Russian...

Vladimir Putin has warned Europe that Ukraine's delays in paying for Russian gas have created a critical situation

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...s a “farce”. Vladimir Putin has warned Europe that Ukraine’s delays in paying for Russian gas have created a critical situation Russian state gas giant Gazprom says Ukraine’s debt for supplies of Russian gas has risen above $2 billion (1.4 billion euros). Gazprom said on Wednesday it could demand advance payments from Kiev for gas but President Vladimir Putin said the comp...

Crimea’s parliament has voted to become part of the Russian Federation

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Crimea’s parliament has voted to become part of the Russian Federation. The southern Ukrainian region’s parliament said the decision would be put to the Crimean people for their verdict in a referendum on March 16. A government minister in Kiev said they believe it would be unconstitutional for Crimea to join Russia. Crimea, a region whose population is mostly ethnic Russian (58.5%), has been at...

Gerard Depardieu has been formally registered as a permanent resident of the central Russian town of Saransk

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...217;s famed Bolshoi Theatre and the Illuzion cinema, Gerard Depardieu said he was very familiar with Russian culture. “I love it very much. I also know your composers. I can say that I was born with Russian culture.” Gerard Depardieu was granted Russian citizenship by a decree signed by President Vladimir Putin on 3 January. The central Russian region of Mordovia Gerard Depardieu will...

New clashes have broken out in Polish capital Warsaw between rival Russian and Polish football fans ahead of a Euro 2012 tie between the two teams

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...Polish opposition condemned the march as a provocation, but it was approved by the authorities. The Russian national holiday marks Russia’s declaration of sovereignty in 1990 – a key episode in the demise of the Soviet Union. Polish media highlighted fears that some Russian fans may sport Soviet flags and symbols – a highly sensitive issue for the many Poles who deplored communi...

President Barack Obama has called President Vladimir Putin urging him to use his influence to make separatists in eastern Ukraine stand down

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President Barack Obama has called President Vladimir Putin urging him to use his influence to make separatists in eastern Ukraine stand down. The phone call between Barack Obama and Vladimir Putin came as pro-Russian activists continued to occupy buildings in eastern towns. For his part, Vladimir Putin rejected accusations of Russian interference, calling the reports “unreliable”. Mea...

Arseniy Yatsenyuk is holding talks with regional leaders in Donetsk, where activists demanding self-rule are holding a big government building

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...irms. The EU says it can pump gas back to Ukraine with reverse-flow pipeline technology. Usually the Russian gas flows to Europe via Ukraine. In Kiev, Ukraine’s Energy Minister Yuri Prodan said it would seek the gas “on the conditions offered by European gas companies”, which he named as Germany’s RWE and “a French gas company”. Arseniy Yatsenyuk is holding tal...

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...uld be open to moving from a republic into a federation and giving broader rights to Ukraine’s Russian speakers. The pro-Russian groups who have seized government buildings in eastern regions are demanding local referendums on either increased local rights or an option to join the Russian Federation. But Oleksandr Turchynov stopped well short of giving in to these demands by showing support...

Katia Zatuliveter, the alleged Russian spy admitted a 4-year relationship with married Liberal Democrat MP Mike Hancock

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Katia Zatuliveter, an alleged Russian spy admitted a 4-year relationship with married British Liberal Democrat MP, Mike Hancock, but denied she deliberately targeted him during yesterday hearing. Katia Zatuliveter, 26, also had a string of affairs or “flirtations” with other political figures including a Nato official and a Dutch diplomat. The alleged Russian spy is accused of trying to access se...

Pro-Russian rally in Simferopol, Crimea

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...ssia’s ex-tycoon Mikhail Khodorkovsky, who spent a decade behind bars, accuses Moscow of being complicit with Ukraine’s ousted government in using deadly violence against protesters In Yevpatoriya, western Crimea, pro-Russian forces threaten to storm the command point of a Ukrainian anti-aircraft missile unit if the personnel there do not surrender their weapons. In Sevastopol, the vio...

Pro-Russian protesters clashed with police, waved Russian flags and called for a referendum on independence from Ukraine

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...ngs in eastern Ukrainian cities Donetsk, Luhansk, and Kharkiv. Protesters clashed with police, waved Russian flags and called for a referendum on independence from Ukraine. Ukraine’s acting President Oleksandr Turchynov called an emergency security meeting. The unrest comes amid tensions between Russia and Ukraine over the removal of pro-Moscow President Viktor Yanukovych and Russia’s annexa...

More than 8,000 Russian troops have begun military exercises close to the border with Ukraine

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More than 8,000 Russian troops have begun military exercises close to the border with Ukraine. Russian defense ministry confirmed that artillery such as rocket launchers and anti-tank weapons would also be involved in the exercises. They come at a time of high tension ahead of Crimea’s referendum on Sunday on whether to join Russia. Ukraine PM Arseniy Yatsenyuk has told the UN Security Coun...

Vladimir Putin says there is no need yet to send Russian troops into Ukraine, but he has not ruled out doing so

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President Vladimir Putin says there is no need yet to send Russian troops into Ukraine, but he has not ruled out doing so. Russia reserves the right to use “all means” to protect citizens in Ukraine, he told a news conference. Russian and Ukrainian troops in Crimea are involved in a tense stand-off. Vladimir Putin called the toppling of Ukraine’s President Viktor Yanukovych in the cap...

MasterCard and Visa have decided to block credit card services to some Russian bank customers as a result of US sanctions

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MasterCard and Visa have decided to block credit card services to some Russian bank customers as a result of US sanctions. Four banks are so far affected, all of which have links to Russians blacklisted by the US. Visa and MasterCard are forbidden from having any dealings with those targeted by the sanctions. The banks, which said card services stopped without warning, have described the move as...

Supreme Allied Commander Europe General Philip Breedlove has issued a warning about the build-up of Russian forces on Ukraine's border

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Supreme Allied Commander Europe General Philip Breedlove has issued a warning about the build-up of Russian forces on Ukraine’s border. US Air Force General Philip Breedlove said NATO was in particular concerned about the threat to Moldova’s Trans-Dniester region. Russia said its forces east of Ukraine complied with international agreements. The build-up has been allied with Russia...

Russian officials and parliamentarians have regularly used Max Shatto’s death to justify a recent ban on adoptions to America

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...top investigative body on Wednesday opened a murder inquiry into the case. Earlier in the week, the Russian children’s commissioner went on Twitter to say that Max Shatto had been murdered by his adoptive mother Laura Shatto. Russia banned adoptions to the US from the beginning of January in retaliation for an American law know as the Magnitsky Act – which blacklists Russian officials...

The Russian government has announced it will not compensate its citizens who have lost money in the Cyprus banking crisis

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The Russian government has announced it will not compensate its citizens who have lost money in the Cyprus banking crisis. Russian citizens are believed to have billions of euros in Cypriot accounts and deposits above 100,000 euros ($128,200) in the two biggest banks (Bank of Cyprus and Laiki) could be reduced by as much as 60%. The Russian government has announced it will not compensate its cit...