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    1. FT Photo Diary



      War games

      A pro-Russian rebel holds a toy gun in Donetsk, the disputed region in Ukraine, on Thursday ...

    2. The World

      10 hours ago

      Live blog: Vladimir Putin's annual press conference

      This is the transcript of the Live Blog session ending at 12:51 on 18 Dec 2014.Russian President Vladimir Putin gives his...

    Special Reports

    1. Ukraine 2012

      Kiev finds itself caught between the east and the west as elections loom...
    2. Vienna as a Financial Centre

      The eastern exposure of Vienna’s banks is a cause for concern amid the stand-off betwe...
    Search more Special Reports on this topic.

    1. The A-List

      13 hours ago

      Putin's limited options to halt the crisis

      Reports of Apple’s decision to suspend its sales in Russia pending a review of pricing occasioned by “extreme fluctuations...

    2. December 17, 2014

      European leaders balk at Kiev’s pleas to fill $15bn funding gap

      European leaders are balking at providing additional financial aid for Ukraine despite an urgent need to fill a $15bn...

    3. December 16, 2014

      US risks EU rift on new Russia sanctions

      President Barack Obama is to sign a bill authorising new sanctions on Russia and offering further aid to Ukraine, despite...

    4. December 16, 2014

      The rouble crisis reveals Putin’s strategic failure

      Russia is in the throes of a full-blown currency crisis, with profound implications for its economy, its political system...

    5. FT Alphaville

      December 15, 2014

      Russian rate hikes, then and now

      Click to enlarge — from an old St Louis Fed paper… (Yes, the x-axis is funky) Some historical context to place Monday...

    6. December 15, 2014

      Chevron pulls out of shale gas project in Ukraine

      US energy giant Chevron has told Ukraine that it will pull out of a $10bn shale gas exploration project agreed last year,...

    7. December 15, 2014

      Moscow lifts interest rate to 17%

      Russia’s Central Bank has raised its main interest rate from 10.5 per cent to 17 per cent in the middle of the Moscow night,...

    8. December 15, 2014

      Ukraine needs tough, not unconditional, love

      Ukraine passed two milestones this month. The first, promisingly, was the inauguration of a new government; a reformist,...

    9. Nick Butler

      December 15, 2014

      Energy Personality of the Year: Ali al-Naimi

      There were two contenders for this year’s award. The most obvious, and certainly the man who has won the most coverage in...

    10. beyondbrics

      December 11, 2014

      Guest post: Donbas has been split into pro-Ukrainian and pro-Russian enclaves

      By Taras Kuzio of the University of Alberta A year ago I took the seven hour Hyundai Rotem intercity train from Kiev to...

    11. beyondbrics

      December 11, 2014

      Guest post: Russia and China - Friends or 'frenemies'?

      By Joseph Dobbs, European Leadership Network Russian aggression towards Ukraine this past year has seen Vladimir Putin, the...

    12. beyondbrics

      December 10, 2014

      Guest post: the cost of (not) bailing out Ukraine

      By Olena Bilan of Dragon Capital and VoxUkraine Despite securing sizeable financial support from western lenders in April —...

    13. December 9, 2014

      IMF warns Ukraine bailout at risk of collapse

      The International Monetary Fund has identified a $15bn shortfall in its bailout for war-torn Ukraine and warned western...

    14. December 9, 2014

      Hungary and Russia confirm nuclear deal

      Hungary awarded nuclear energy contracts worth at least €6bn to a Russian state owned company on Tuesday, formalising a...

    15. December 8, 2014

      Chess moves to transform world politics

      Political analysts often use chess as a metaphor to describe world affairs. States and peoples move around the board...

    16. December 7, 2014

      Merkel accuses Putin of ‘creating problems’

      German chancellor Angela Merkel delivered a sweeping criticism of President Vladimir Putin over the Ukraine crisis, warning...

    17. December 7, 2014

      Nato seeks weapons to counter Russia’s information war

      A casual consumer of Russian media might conclude the western Ukrainian city of Lviv, one of the strongholds of the...

    18. Nick Butler

      December 7, 2014

      A passage to India — Putin goes to New Delhi

      Russia’s President Vladimir Putin heads to New Delhi next weekend and will sign a deal with India on energy supply, marking...

    19. December 6, 2014

      François Hollande meets Vladimir Putin in Moscow

      French president François Hollande and Russian president Vladimir Putin said they believed they could help resolve the...

    20. December 5, 2014

      Small-cap Week, December 6

      JKX Oil & Gas, one of the first companies from the former Soviet Union to list in London, tumbled to a 12-year low this week...

    21. beyondbrics

      December 5, 2014

      Guest post: energy options for the Danube states call for practical realism amid austerity and insecurity

      By Alan Riley of City Law School Following South Stream’s demise the Danube nations must look again at their energy...

    22. beyondbrics

      December 5, 2014

      Guest post: don't bet against a winter gas crisis in Europe

      By David Clark of the Russia Foundation Marcos Sefcovic, the new European Commission vice-president responsible for energy,...

    23. December 3, 2014

      The German club of Putin understanders

      Wolfgang Gehrcke is what Germans call a “Putin Versteher”. Literally an “understander” of the Russian president and, in...

    24. beyondbrics

      December 3, 2014

      Ukraine turns towards Nato, increasing tension between Russia and west

      “Today it is clear that Ukraine’s non-aligned status, proclaimed in 2010, cannot guarantee our security and territorial...

    25. December 2, 2014

      Angela Merkel’s sanctions balancing act outwits Putin, for now

      It was hard enough for German chancellor Angela Merkel to secure support for economic sanctions against Russia over the...

    26. beyondbrics

      December 2, 2014

      "Foreigners" land top posts in Ukraine's new cabinet

      Two foreign-born investment fund managers and a reform-minded former official from the Caucasus republic of Georgia were on...

    27. December 2, 2014

      Anger and dismay as Russia scraps $50bn gas plan

      Eastern European nations reacted with shock and anger to Russia’s decision to abandon South Stream, its $50bn gas pipeline...

    28. December 2, 2014

      Putin loses face with cancellation of ‘pharaonic’ South Stream

      For Vladimir Putin, the decision to scrap the flagship South Stream project was a rare loss of face. The Kremlin had...

    29. December 2, 2014

      Saipem and South Stream: Eni ideas?

      The Black Sea is the largest basin of anoxic water in the world: it lacks oxygen. So it is a bit like the long-delayed South...

    30. beyondbrics

      December 2, 2014

      Could the "cancelled" South Stream pipeline be revived?

      Vladimir Putin seemed pretty emphatic on Monday that Russia would stop construction of the South Stream gas pipeline,...

    31. December 2, 2014

      ITE Group sales fall but earnings beat expectations

      The imposition of sanctions on Russia and the political crisis in Ukraine caused a sharp decline in full-year revenues at...

    32. beyondbrics

      December 1, 2014

      Guest post: can Russia ride out cheap oil and the falling rouble?

      By Timothy Ash of Standard Bank The drop in the oil price has been long coming but the surprise over the speed and extent...

    33. December 1, 2014

      Pro-EU parties secure election victory in Moldova

      Pro-EU parties have won a narrow victory in Moldova’s parliamentary election, but face tough coalition negotiations to form...

    34. November 30, 2014

      The economic collapse of Ukraine must be halted

      Ukraine is in the throes of a financial crisis that urgently demands a response from western governments. The security...

    35. November 28, 2014

      How Russia outmanoeuvred the west in Ukrainian finance

      “F the EU!” Victoria Nuland, US assistant secretary of state, commenting on Ukrainian policy on her mobile phone, as...

    36. November 27, 2014

      Outside forces likely to weigh on Poland

      This was going to be a memorable year for Poland even before its prime minister was named as the new president of the...

    37. November 27, 2014

      The good, the bad and the ugly of emerging market debt

      Emerging markets have endured a torrid year in many ways. A smouldering ceasefire between Ukraine and Russia is threatening...

    38. November 27, 2014

      Germany acts to counter Russia’s Balkan designs

      Germany is stepping up its engagement in the Balkans amid concerns Russia is seeking to reassert itself beyond Ukraine and...

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