Islamic finance will help Russian companies make up for their credit shortage, which was in large part caused by the cooling of relations between Russia and the West. Russian banks are already showing interest in this alternative form of credit. Islamic finance could help Russian companies hit by …

ST PETERSBURG — Igor Sechin, the head of Russia’s top oil producer Rosneft, said on Wednesday the United States is calling the shots on global oil markets, while the influence of OPEC has shrunk. The United States emerged with renewed vigor as a top producer thanks to its shale boom. By refusing to curb its output to prop up oil prices, OPEC …

Last year, Russia’s flagship economic forum in St. Petersburg, traditionally held in June, was moved forward to May to make room for a meeting of the G8 group of industrial nations in the Russian resort town of Sochi. The meeting in the host city of the 2014 Winter …

Russian President Vladimir Putin said on Tuesday that Russia would be forced to direct its armed forces at any countries which might threaten it, potentially adding to tensions with Western powers over its military ambitions. Tension has flared with the West over Moscow’s role in the Ukraine crisis, in which pro-Russian separatist forces have seized …

By Gabrielle Tétrault-Farber Reports of Russian citizens taking up arms for the Islamic State terrorist group have dominated headlines in recent days, sparking debate about the cause of the apparent trend. Andrei Novikov, head of the Commonwealth of Independent States’ (CIS) Anti-Terrorism Center, told the Interfax news agency Wednesday that according to certain estimates, as many as …

If Donald Trump’s presidential bid has left you asking “who in their right mind would vote for that man?” the answer could very well be: actors he’s paid 50 bucks.  Donald Trump is rich. Really, really, really rich. We know because he told us. “I’m really rich. I’ll …

In the interest of global peace, the United States must mend relations with China, or else suffer the consequences of World War III. At least, that’s what billionaire investor George Soros says.  “Both the US and China have a vital interest in reaching an understanding because the alternative is …

Russia will likely retaliate against the Pentagon’s planned deployment of its F-22 Raptor fighters in Europe, according to Vladimir Batyuk, from the Institute for US and Canadian Studies of the Russian Academy of Sciences. The US’ possible deployment of its F-22 Raptor fighters in Europe will inevitably provoke confrontation between Russia …

Russia is rattling its saber. China roams around the South China Sea. Here we go again. According to some, we are said to be “at war.” Thankfully, for now it is just a “war of ideas.” That is intended to offer some comfort. But even accepting this premise, …