Russia

Europe is caught on the losing end of the gas dispute between Russia and the Ukraine. But while politics play a role in the squabble, money may be the main concern. Scott Jagow talks to Stephen Beard in London.

A dispute between Russia and Ukraine over natural gas is hurting supplies to other European countries. Russia is accusing Ukrainians of stealing gas, while the Ukraine blames faulty piping. Stephen Beard reports.

Russian natural gas giant Gazprom thrived in the first half of the year, but fell sharply from July on. Stephen Beard reports Gazprom's year ahead is looking grim.

With the price of oil and gas plummeting, Russia's once bulging budget could be heading for a deficit. Megan Williams reports half the country's income is from oil, and production is dropping along with price.

Russia met with OPEC to discuss ways of leveling out the cost of oil, as oil is now so low it could make production and investment unprofitable. Megan Williams reports it's unlikely Russia would agree to cut production.

Azerbaijan, Albania and Belarus are among countries rated high for regulatory reforms that are favorable to American corporations looking to get away from U.S. rules. John Dimsdale reports.

The White House has pulled a nuclear cooperation deal with Russia back from Congress. The cancellation means Russia will lose billions in potential profits. Some American companies aren't too happy, either. Nancy Marshall Genzer reports.

British Petroleum and its billionaire Russian partners in Russian oil company TNK have settled a long-running dispute. The deal includes removal of CEO Robert Dudley as CEO. Brett Neely has more.

At a six-way security meeting in Central Asia with Russian and Chinese participants today, Russia's invasion of Georgia got tepid support from four of its Asian allies -- leaving China stuck in the middle. Scott Tong reports.

Despite Russia's decade-and-a-half of negotiations to enter the World Trade Organization, Prime Minister Vladimir Putin now says his country won't benefit from joining the WTO and might back away from promises it's made. Stephen Beard reports.