Russia has not been involved with the international bond market since its financial system collapsed in 1998. But the government just sold $5 billion worth of Eurobonds — money it no longer even needs. Peter van Dyk reports.
Russia's version of a "Cash for Clunkers" program has the intended benefit of boosting the country's slumping car sales. But it also has the potential long-term effect of producing an organized junk yard culture. Peter van Dyk reports.
Online marketplace eBay is moving east — to Russia. Online sales in the country are expected to grow sharply, but it's not all smooth sailing. Peter van Dyk reports.
Russian oil giant Lukoil has signed a deal to develop one of Iraq's biggest oil fields. U.S. oil companies could have bid for the contract earlier this month, but few were present at the auction. Nancy Marshall Genzer explains why.
A lot of people lost their shirts 11 years ago when Russia defaulted on its debt. So some eyebrows have been raised by the Russian finance minister's talk of issuing almost $18 billion in bonds next year. Ashley Milne-Tyte reports.
A cyber crime ring has set a new record for the number of credit cards it hacked and compromised — 130 million. How does a fraud happen on such a massive scale? Host Tess Vigeland talks with credit-card security expert Ted Crooks.
As President Obama met with Russian President Dmitry Medvedev, executives from Pepsi, Boeing and other U.S. companies announced new investments in Russia. Jeremy Hobson reports why some companies are still cautious about investing.
President Obama's first visit to Russia will focus on trade between the two superpowers. But a close look at current trading relations between the countries shows there's not a whole lot going on. Steve Henn reports.