Section: US & Canada
Putin voices optimism on economy, ruble
In annual year-end news conference, Russia’s president also strikes somewhat conciliatory chord on Ukraine …read more Source:...
Putin: Western sanctions partly responsible for crisis
MOSCOW (AP) — Russian President Vladimir Putin says that Western sanctions have been an important factor in the current economic crisis, but not the only one. Putin said Thursday the influence of Western sanctions acounts roughly for 25 to 30 percent of factors behind the Russian crisis. He accused the West of trying to infringe on Russia’s...
Putin Reassures Russians Rouble Will Rise Again
President Vladimir Putin said on Thursday Russia’s economy would rebound after the rouble’s collapse against the dollar but warned that it could take two years for the country to emerge from crisis. Under pressure to show he has a plan to pull Russia out of crisis at his end-of-year news conference, Putin supported the actions of the...
Ruble Slipping Again As Putin Says The Situation Is ‘Not A Crisis’
The ruble slipped again as President Vladimir Putin told reporters during his annual press conference on Thursday that the currency’s falls were ‘not a crisis’. At the time of writing the ruble was down 3% against the dollar as Putin attempted to reassure people over the prospects for the Russian economy, which is widely...
Putin: Russia’s Economy Will Rebound In 2 Years At Most
Russian President Vladimir Putin is giving a huge press conference today that’s likely to last several hours, speaking about his country’s economy and the collapse of the ruble. Putin is also expected to address Russia’s conflicts with the West. For those who want to follow along, several English-speaking journalists, including...
With Russia’s economy in tatters, Putin faces tough questions at annual press conference
KIEV, Ukraine — Russian President Vladimir Putin faced difficult questions from the media at his annual marathon press conference Thursday in Moscow amid the country’s worst economic crisis since the 1998 default. European and U.S. sanctions against Russia over Putin’s invasion and annexation of Crimea, and his political and military...
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...
14 awkward photos of world leaders that explain 2014
It was a tough year for global events. From serious conflicts in Syria and Ukraine to the Ebola outbreak and the apparent destruction of not one but two Malaysia Air passenger planes, it sometimes felt like the world was bouncing from one horror to the other, never quite able to comprehend any of them. It […] …read more Source: The...
Western sanctions may last for decades, Russian minister says
Russia’s economy is heading for recession, dragged lower by sanctions imposed by the West over Ukraine and weak oil prices, a cornerstone of state revenues …read more Source: The Globe and...
Putin backed by 80 per cent of Russians despite sinking ruble, economic woes: poll
From a Western perspective, Vladimir Putin’s days as president of Russia should be numbered: The ruble has lost more than half its value, the economy is in crisis and his aggression in Ukraine has turned the country into an international pariah. And yet most Russians see Putin not as the cause, but as the solution. …read more Source:...
