North Korean leader Kim Jong Il makes a rare foreign visit today to Russia. Other countries like South Korea see it as a positive step towards opening the country up to economic cooperation.
With more than $500 billion in currency reserves and a budget surplus, Russia is upset with its BBB rating, which puts the country just behind Ireland, Cyprus and the Bahamas
Russian President Dmitry Medvedev has signed a bill that officially classifies beer as an alcohol — not food. It's a move that could upset the international brewing industry.
Nine months before Russia's presidential election, much of Russia's investor capital is flowing out of the country because of investor uncertainty and anxiety.
This week, Russia is hosting the annual St. Petersburg International Economic Forum. China's President Hu Jintao is attending this year's forum in hopes of announcing a new gas deal between China and Russia.
Anna Chapman — the red-headed cover girl of the Russian spy ring uncovered by the FBI last year — is no longer a woman of international mystery, and instead is promoting technology investment in Russia.