EU bans investment in Crimea, targets oil sector, cruises


BRUSSELS - The European Union banned investment in Crimea on Thursday, halting European help for Russian Black Sea oil and gas exploration and outlawing European cruise ships from calling at Crimean ports.


Putin says Russia economy will be cured but offers no remedy 9:23am EST

MOSCOW - President Vladimir Putin assured Russians on Thursday that the economy would rebound after the ruble's dramatic slide this year but offered no remedy for a deepening financial crisis. | Video


Russian sailors leave French port, Mistral deal still uncertain 9:15am EST

SAINT-NAZAIRE, France - A ship carrying the Russian sailors who have been training for months on a French-built Mistral helicopter carrier left the French port of Saint-Nazaire on Thursday, with it still unclear whether Paris will finally deliver the ship to Moscow.

Putin says economy to rebound, wants end to Ukraine crisis 7:35am EST

MOSCOW - Russian President Vladimir Putin held his annual end-of-year news conference on Thursday. Below are some of his comments.


Russia's Putin says Rosneft CEO Sechin is an 'effective' manager 7:35am EST

MOSCOW - Russian President Vladimir Putin said on Thursday Igor Sechin, CEO at the country's top oil producer Rosneft , was an "effective" manager, adding he had no plans to fire him.


Western sanctions may last for decades: Russian minister tells newspaper 6:41am EST

MOSCOW - Western sanctions over Russia's role in the Ukraine crisis are likely to last "for a very long time", possibly decades, Economy Minister Alexei Ulyukayev told Vedomosti newspaper.

Russia's Putin says Moscow wants solution to Ukraine crisis 6:41am EST

MOSCOW - Russian President Vladimir Putin said on Thursday the Ukraine crisis should be resolved as quickly as possible and that Moscow's aim was to restore political unity to Ukraine.

Russia's Putin criticizes NATO, Kiev 5:38am EST

MOSCOW - Russian President Vladimir Putin criticized NATO's eastward expansion following the fall of the Berlin Wall and said on Thursday Kiev was wrong to use armed forces against separatists in eastern Ukraine.


Merkel says sanctions against Russia remain unavoidable 3:35am EST

BERLIN - German Chancellor Angela Merkel said on Thursday that sanctions against Russia over Ukraine remain unavoidable as long as Moscow does not respect Ukrainian sovereignty and help ensure what she called "European security with Russia, not against Russia".


Hungary's priority is alliance with Germany, minister tells Figyelo 12:14am EST

BUDAPEST - Hungary's most important goal in foreign policy next year is to strengthen its alliance with Germany, a minister told the weekly Figyelo on Thursday ahead of an expected visit by Chancellor Angela Merkel.

Suspected Boko Haram gunmen kidnap over 100 women, children in Nigeria

MAIDUGURI, Nigeria - Suspected Boko Haram gunmen kidnapped more than 100 women and children and killed 35 people during a Sunday raid on the remote northeast Nigerian village of Gumsuri, a security source and resident said on Thursday.