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Russia entering 'full-fledged economic crisis', says ex-minister Kudrin

MOSCOW - Russia's government has pushed the country into an economic crisis by not tackling its financial problems fast enough, former finance minister Alexei Kudrin said on Monday, warning the full effects would be felt next year.

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Ukraine threatens to cut off power to rebel-held regions if usage not curbed

KIEV - Ukraine may stop supplying electricity to separatist-held eastern regions if the territories do not adhere to consumption limits imposed across the country due to an energy crisis, an energy ministry official said on Monday.

8:10am EST

Republicans weigh big changes at U.S. budget referee agency

WASHINGTON - When Republicans take full control of Congress on Jan. 6, they will face decisions on major changes at the Congressional Budget Office, including possibly naming a new head and changing the rules used to assess the cost of legislation.

Politics, U.S. 1:07am EST

Court orders partner of Sydney hostage-taker jailed

SYDNEY - An Australian court on Monday ordered bail revoked for the partner of a self-styled Sheikh who last week stormed a Sydney cafe at gunpoint, sparking a 16-hour hostage crisis that left three people dead, including the gunman.

World, Australia 2:56am EST

Bomb in northeast Nigeria bus station kills 15: official

ABUJA - A bomb blast at a bus station in the northeast Nigerian city of Gombe on Monday killed at least 15 people and wounded 21, an official from the emergency services said.

World, Africa 8:03am EST

Saudi Arabia says won't cut oil output

ABU DHABI - Saudi Arabia said on Sunday it would not cut output to prop up oil markets even if non-OPEC nations did so, in one of the toughest signals yet that the world's top petroleum exporter plans to ride out the market's biggest slump in years.

21 Dec 2014
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Police officers' slaying raises pressure on New York mayor

NEW YORK - New York Mayor Bill de Blasio faced the biggest crisis of his political career on Sunday after a gunman killed two police officers in an attack intended to avenge recent police killings of unarmed black men in the United States. | Video

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Germany sees no need to ease Russia sanctions despite minister's concerns

BERLIN - Germany sees no reason to think about changes to the EU's sanctions regime against Moscow at the moment, a government spokeswoman said, after the foreign minister expressed concern that Russia could be destabilized if sanctions were not eased.