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Obama to approve new Russian sanctions
Barack ObamaWednesday December 17, 2014 9:05AM ET
President Barack Obama has decided to sign legislation authorizing more sanctions on Russia for its role in the Ukraine crisis, the White House said.
Maduro to delegate political, social agenda to win economic battle
Nicolas MaduroWednesday December 17, 2014 7:38AM ET
Venezuelan President Nicolas Maduro said that in the first quarter of 2015 he will delegate political and social agendas to his vice-presidents and ministers in order to win the economic battle that rages in the country.
Omnibus budget bill heads to the President's desk
Omnibus budgetWednesday December 17, 2014 6:38AM ET
U.S. Senator Charles E. Schumer and Representative Paul Tonko announced that the Omnibus budget bill, which includes $1.238 billion in funding for the Naval Reactors program, has passed Congress and now heads to the President's desk.
Aid agencies seek $1.8bn for South Sudan in 2015
South SudanWednesday December 17, 2014 5:38AM ET
The UN announced that some $1.8 billion in aid relief was needed for the people of war-ravaged South Sudan.
China sees new $3 billion investment fund for central and eastern Europe
Li KeqiangWednesday December 17, 2014 4:18AM ET
China said it would create a new investment fund of $3 billion targeting central and eastern Europe, seeking to strengthen its foothold in the region as a door to the wider European Union.
Union: State control of tobacco to cost Hungary 1,200 jobs
Hungary tobaccoWednesday December 17, 2014 2:58AM ET
The bill approved by the Hungarian parliament on the establishment of a centralized distribution company for tobacco products will mean the dismissal of 1,200 Hungarians working in the business.
Ukraine: We need $10b to avoid bankruptcy, and need it yesterday
Arseniy YatsenyukWednesday December 17, 2014 1:34AM ET
Ukrainian Prime Minister Arseniy Yatsenyuk says his country urgently needs $10 billion to avoid bankruptcy. After meeting with European Union ministers in Brussels, reporters asked Yatsenyuk when he needs the money. He replied "yesterday."


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