Customers look at TV sets with Russian President Vladimir Putin, at a shop in Moscow, Russia, on Thursday, Dec. 4, 2014, during his annual state of the nation address in the Kremlin.(Source:AP)
Russia will defend its geopolitical interests, President Vladimir Putin warned Thursday as he promised economic reforms to pull his country back from the brink of recession. But Putin’s patriotic bluster and vague promises did little to assuage real fears that Western sanctions, plummeting oil prices and a collapsing ruble are crippling Russia’s economy.
In his annual state-of-the-nation address at the Grand Kremlin Palace, Putin announced measures to spur the country’s …read more
Source: The Indian Express