MOSCOW (AP) — Russian President Vladimir Putin vowed Thursday to fix Russia’s economic woes within two years, voicing confidence that the plummeting ruble will recover and promising to diversify Russia’s gas-dependent economy.
Speaking with strong emotion and looking confident, Putin also displayed a defiant stance toward the West, which he insisted was still trying to destroy Russia. Putin acknowledged that Western economic sanctions over Russia’s actions in Ukraine was just one factor behind Russia’s economic crisis, accounting for roughly 25 to 30 percent of the ruble’s troubles. He said a key reason for the currency’s recent fall was the nation’s failure …read more
Source: The Huffington Post
