Russian president says Moscow would adjust to low oil prices, but gives no recipe for turning economy around
President Vladimir Putin vowed Thursday that Russia would rapidly recover from its financial crisis and said his grip on power was firm, even as new Western sanctions and a run on the ruble pile on the pressure.
The Russian strongman, who is locked in a confrontation with the West, showed no willingness to change tack on Ukraine and dismissed the possibility of the country’s elite turning against him.
Sanctions-hit Russia is grappling with a ruble collapse seen as a major test for Putin, whose pact …read more
Source: Pakistan Today
