Russia

Business, Finance & Economics

The decline in oil prices will put the squeeze on Iran and Russia — and give a jolt to American consumers

The price of a barrel of oil has fallen to its lowest level in more than half a decade — and it's still falling. That's put a major dent in the economies of some of the world's largest oil producers, like Iran and Russia. But in the US, it's cause for celebration, as falling oil prices are translating into plummeting prices at the pump.

Global Scan

Caught in a bad romance?

Poor Ukraine is caught between two lovers as its president searches for a happy end to this love triangle. Amazon's cute little PrimeAir drone, delivering packages like a stork delivers babies, has about the same level of reality. And we explore the many faces of yoga, in today's edition of the Global Scan.

Global Scan

Could São Paulo's drought affect the World Cup this summer?

In today's Global Scan, São Paulo, the world's sixth largest city and a host city for this summer's World Cup, is running dry. Without more rain soon, rationing will have to start. North Korea normally blocks all contact with the West, but it has an exception — a university just for the sons of the elite. And Argentinians use an app to police prices in the supermarket.