ST PETERSBURG, Russia, June 19 (Reuters) – President Vladimir Putin boasted on Friday that Russia had found the “inner strength” to prevent sanctions causing a deep economic crisis, and told the West to stop using “the language of ultimatums.”
Investment in Russia has slowed to a trickle, capital flight has risen and the economy has been sliding into recession since oil prices tumbled last year and the West imposed economic sanctions on Moscow over the Ukraine crisis.
But in a 29-minute speech to a business forum and a question-and-answer session that lasted more than an hour, Putin ignored calls by many investors …read more
Source: The Huffington Post
