After a week of surprising challenges to his authority, Vladimir Putin faces a new one from one of Russia's richest and most glamorous figures: The billionaire owner of the New Jersey Nets says he will run against him in March's presidential election.
Russian Prime Minister Vladimir Putin on Thursday courted investors jittery about Russian stocks amid turmoil in global finances, saying that his country is strong enough to withstand market shocks.
Finance Minister Alexei Kudrin resigned on Monday after rebelling against a plan to install President Dmitry Medvedev as prime minister when Vladimir Putin returns to the Kremlin in 2012.
Influential Russian Finance Minister Alexei Kudrin resigned Monday following a televised confrontation with President Dmitry Medvedev, who angrily had demanded that Mr. Kudrin immediately explain his criticism of Mr. Medvedev's policies or step down.
The financially struggling former Soviet republic of Belarus is to receive a $3 billion loan from a Russia-dominated group in exchange for privatizing a large chunk of its state-controlled economy.