MOSCOW, Russia — Vladimir Putin’s marathon news conferences are typically a time for the characteristically cool former secret agent to add shine to his claim of steering his country out of the toughest of times.But he had few good answers on Thursday when it came to Russia’s most pressing problem: a quickly tanking economy that threatens to shake up global markets.During the televised annual event, he offered little more than his trademark anti-Western bravado and promises of a brighter economic future for Russians, who have seen their currency lose 50 percent of its value since last spring.Dodging blame for the downturn during his more than three-hour appearance, he pointed the finger at “external factors,” insisting a way out of the crisis was “inevitable.”“The growth of the global economy will continue and our economy will rebound from the current situation,” Putin said, predicting it would take about two years.Continue Reading...
Comment on No, Putin doesn’t know how to fix Russia’s economy
Jacob Sugarman, Salon: Politics
Sun, 12/21/2014 - 10:00am
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