The Kremlin is set to privatize a stake in one of its most well-known brands.

Military ties are one big reason why Russia remains steadfast in its loyalty to Syria.

The strategic ties that bind Russia and Syria.

President Barack Obama canceled his Moscow summit with Russian President Vladimir Putin.

Latvians are saying not to boycott Stolichnaya Vodka over Russian gay rights abuses…because Stolichnaya is actually made in their country.

Putting nuclear reactors on a big boat may sound scary, but it's already pretty common.

Eurozone finance ministers reached a last minute deal to grant Cyprus a $13 billion bailout early this morning. Those with large deposits in Cypriot banks could be hit will a tax of 30 percent in order to help fund the bailout.

Russian legal specialist Sergei Magnitsky is due to be tried tomorrow for tax offenses, even though he died in prison more than 3 years ago. Critics of Russian business practices say he was killed to cover up corruption by officials.

European finance ministers are meeting in Brussels today, and at the top of their agenda is Cyprus. The small Mediterranean island nation, which has 850,000 people, is in desperate need of a bailout.

When it comes to public sector corruption, which of the BRIC countries — Brazil, Russia, India, and China — ranks the best and the worst?