Russian inflation accelerated more than economists forecast in November, quickening for a second month as the central bank and government conceded that price growth would exceed the target range for a second straight year.
Opponents of Ukrainian President Viktor Yanukovych blocked state buildings and thousands of demonstrators crowded streets in subzero temperatures to protest his refusal to sign a European Union trade accord.
The crew of a Russian airliner that crashed in the Tatarstan capital of Kazan, killing all 50 people aboard, failed to make a “standard approach” and tried to pull up for a second attempt, a regional air safety body said.
Ukraine’s debt rating was cut to the same junk level as Greece by Standard & Poor’s, which said the government is struggling to weather a shortage of foreign currency, increasing the likelihood of a hryvnia devaluation.
Citigroup Inc. cut the number of senior expat bankers in Moscow by more than 40 percent over the past four years and replaced them with Russians, according to Zdenek Turek, the lender’s outgoing Russia chief executive officer and head of Central and Eastern Europe.