Section: Africa&ME
Putin accuses west of trying to sideline Russia
Russian President Vladimir Putin vowed on Thursday (18/12/2014) to fix Russia’s economic woes within two years, pledging to diversify the gas-dependent economy and persuade businesses to help prop up the collapsing ruble. Putin acknowledged that Western economic sanctions over Russia’s course on Ukraine was just one factor behind the...
Putin says Russia economy will be cured but offers no remedy
By Timothy Heritage and Alexei Anishchuk President Vladimir Putin said on Thursday Russia’s economy would inevitably rebound after the rouble’s dramatic slide this year but offered no remedy to a deepening financial crisis. Under pressure to show he has a plan to fix the economy, Putin told an end-of-year news conference the actions...
News24.com | Merkel: Russian sanctions remain unavoidable
German Chancellor Angela Merkel says that sanctions against Russia over Ukraine remain unavoidable as long as Moscow does not respect Ukrainian sovereignty. …read more Source:...
Putin promises to help the poor
Russian President Vladimir Putin has attempted to assuage fears of economic collapse. ||| Moscow – President Vladimir Putin on Thursday attempted to assuage fears of economic collapse and promised rapid recovery as he faced hundreds of journalists during the worst financial crisis of his rule.Speaking at his annual press-conference, the...
Putin says Russia economy will be cured but offers no remedy
Russia’s former Prime Minister and opposition leader Kasyanov speaks during an interview with Reuters at his office in Moscow. (Reuters)Moscow, Reuters—President Vladimir Putin said on Thursday Russia’s economy would inevitably rebound after the rouble’s dramatic slide this year but offered no remedy to a deepening financial...
Putin reassures Russians rouble will rise again
Russia’s economy is heading into recession because of low oil prices, Western sanctions over Ukraine and global economic problems. …read more Source: Gulf...
Merkel says Russia sanctions remain ‘unavoidable’
German Chancellor Angela Merkel stressed that Europe’s goal remains a free and whole Ukraine and that Western sanctions against Russia remain unavoidable until that goal is reached. …read more Source: The Sunday...
Putin Addresses Russia Amid Economic Crisis
President Vladimir Putin is holding his end-of-year news conference Thursday amid a growing economic crisis in Russia. It is expected to be dominated by debate over the ruble, with Russia’s national currency struggling to cope with falling oil prices and sanctions. The Kremlin leader is also expected to take questions on Ukraine and on...
News24.com | Western sanctions on Russia may last for decades
Western sanctions over Russia’s role in the Ukraine crisis are likely to last ‘for a very long time’, Russian economy minister Alexei Ulyukayev says. …read more Source:...
Western sanctions may last for decades – Russian minister
Sanctions over Russia’s role in the Ukraine are likely to last “for a very long time”, Economy Minister Alexei Ulyukayev says. ||| Moscow – Western sanctions over Russia’s role in the Ukraine crisis are likely to last “for a very long time”, possibly decades, Economy Minister Alexei Ulyukayev told Vedomosti newspaper. “When a US...
