Tanking oil prices may force Iraq to delay its final Gulf War reparations payment to Kuwait. And oil's drop has weakened the ruble, which Russia's central bank intervened to prop up today.
France was under heavy pressure from NATO allies not to go through with the sale of the helicopter carrier amid rising tensions over Ukraine.
Russia's decision to increase its military patrols of the West comes amid increasing tensions over the situation in Ukraine.
Alexander Zakharchenko and Igor Plotnitsky won sizable majorities in Donetsk and Luhansk in controversial elections Sunday. Kiev and the West denounced the results, having called the votes illegitimate from the start.
A fragile cease-fire in eastern Ukraine hasn't ended the fighting. Human Rights Watch says Ukraine's army has fired cluster bombs into populated areas and has called on Kiev to sign an international treaty banning their use.