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  • Presidents Lukashenko of Belarus, Putin of Russia, and Nazarbayev of Kazakhstan, 12/23/14. S. Mordovets/Getty Images

    As Russia uses its reserves, neighboring Belarus and Kazakhstan seek to end overreliance on Moscow.Asia-Pacific,Europe,Alexander Lukashenko,Belarus,Eurasian Economic Union,FDI,Kazakhstan,Moscow,oil,ruble,Russia,Ukraine,Michael Lerner

    Published Date : Jan 14, 2015, 5:08 PM EST
  • Female customers from Russia touch packaged iPhones during the sales launch of the iPhone 6 and iPhone 6 Plus smartphones at the Apple Inc. store in Berlin, Germany, on Friday, Sept. 19, 2014. The devices generate more than half of Apple's annual $171 billion in revenue and precede a swath of other products, including new iPads and Apple Watch.

    The tech giant says rouble's value is too volatile for it to set prices for products.

    LAST UPDATE : Dec 17, 2014, 3:06 AM EST
  • Turkish President Recep Tayyip Erdogan (L) and Russian President Vladimir Putin (R) walk past a guard of honor during the welcoming ceremony at Turkey's Presidential Palace in Ankara, Turkey on December 1, 2014.

    Russian President Vladimir Putin says the proposed South Stream gas pipeline will not go ahead.

    LAST UPDATE : Dec 02, 2014, 5:04 AM EST