POLITICS & POLICY

Russia Screwed Up Following Sanctions, Possible EU Rift and War Tensions

Russia's President Vladimir Putin speaks during the Presidential Council on Science and Education at the State Hermitage Museum in St. Petersburg, December 8, 2014. Putin said on Monday that Russia should make a leap in developing its fundamental sci
Russia now faces one of its worst possible economic crises in years. In a desperate move to avoid the freefall, the country's central bank declared that it will push key interest rate up to 17 percent from 10.5 percent. Analysts think this is in vain as the country may not be able to avoid recession on top of the piling tensions in its international relations. Is there no hope for Russia?
Russia's President Vladimir Putin, accompanied by his Turkish counterpart Tayyip Erdogan (not pictured), attends a news conference in Ankara, December 1, 2014. Putin said on Monday Russia could not carry on with the South Stream gas pipeline project

Russia's Retaliation Imminent as Obama Gives Go Signal for Sanctions Risking EU Rift

The United States will push through with more sanctions over Russia as the White House confirms the president's plan to sign the new bill passed. According to reports, President Barrack Obama has signaled to sign the legislation imposing more pressure on Vladimir Putin while sending aid to Ukraine. Will the bill bring more good or the other way around?
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Russia's President Vladimir Putin (C) chairs a meeting with permanent members of the Security Council at the Kremlin in Moscow, December 12, 2014. REUTERS/Michael Klimentyev/RIA Novosti/Kremlin

Vladimir Putin Faced with 'Full Blown Crisis' as Scandinavia and the US Move to Retaliate

Russia has been in hot water for its military actions but the country may have to look more into its economic state as a full brown crisis may be at bay. According to recent information, the Russian central bank attempted pushing the interest rates up to 17% in a bid to avoid collapse. However, this failed to curb the decline giving Vladimir Putin and his currency new all-time lows versus the dollar. Can Russia get back up?
U.S. President Barack Obama looks on during the Summit on College Opportunity

United States in Great Risk as New Ukraine Act Makes More Enemies

The United States has been on a quest to impose additional sanctions on Russia over the Ukrainian issue. While politicians defend the Ukraine Act as a means to help the region, many believe that the West is doing far more harm to itself than trying to help. The sanctions not only angers Russia but it also puts America at risk according to analysts.
Russia's President Putin addresses audience in Ulan Bator

Russia Responds Angrily to US: War Drums Beat Faster and Louder as Tension Rises

The recent moves of the United States over Russia did not bode well as the latter threatens to retaliate or engage in counter measures. The West pushed a series of sanctions over Russia angering the country's administration. As the tension rises between the two companies, many world officials and analysts warn that war drums are beating louder.

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