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EU summit to discuss crisis-hit Russia, economic plan

Last Updated: Thursday, December 18, 2014, 09:47

EU leaders on Thursday will discuss tense relations with Russia and punishing sanctions imposed over Moscow`s actions in Ukraine at a summit led for the first time by Poland`s Kremlin-wary former premier Donald Tusk.

Oil plunge, Russia crisis challenge US Federal Reserve

Last Updated: Tuesday, December 16, 2014, 23:24

The Fed`s last meeting of 2014 was expected to confirm its path toward monetary policy normalization after holding its base interest rate at the zero level for six years to bring the country out of the Great Recession.