In the height of the Cold War, the U.S. and Soviet governments instituted a secure line of communication.

Moscow journalist Masha Gessen discusses the reelection of Vladimir Putin and what it means for the people of Russia.

20 years ago yesterday, the Soviet Union became Russia, and U.S. businesses have been profiting ever since

An increase in extreme weather in 2011 has lead to one of the most expensive years for insurance claims. It's also turning out to be a record year for sheep rustlers on the lamb in the English countryside, where a record number of sheep have gone missing this year. Plus, China and Japan make a currency deal, Detroit girds for possible state takeover, and more top headlines from around the globe on this day after Christmas.