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Section: Asia

    Putin says his grip on power is firm and economy will rebound
    Dec18

    Putin says his grip on power is firm and economy will rebound

    Russian president says Moscow would adjust to low oil prices, but gives no recipe for turning economy around President Vladimir Putin vowed Thursday that Russia would rapidly recover from its financial crisis and said his grip on power was firm, even as new Western sanctions and a run on the ruble pile on the pressure. The Russian strongman, who...

    Georgian economy buffeted by Russia, Ukraine crises – president
    Dec18

    Georgian economy buffeted by Russia, Ukraine crises – president

    BRUSSELS (Reuters) – Georgia’s economy has been buffeted by the Russian currency crisis and the Ukrainian conflict but it is still growing strongly, President Georgy Margvelashvili said on Thursday. …read more Source: The...

    Putin promises economic recovery, digs in on Ukraine
    Dec18

    Putin promises economic recovery, digs in on Ukraine

    MOSCOW: President Vladimir Putin on Thursday tried to quell fears of economic collapse and vowed rapid recovery from the worst financial crisis of his rule but stressed that his position on Ukraine has not shifted. Speaking at an annual news conference, the Russian leader said that the economic downturn will last two years at most and promised to...

    EU’s Mogherini urges Putin to make ‘radical change’ in attitude
    Dec18

    EU’s Mogherini urges Putin to make ‘radical change’ in attitude

    BRUSSELS (AFP) – EU foreign policy chief Federica Mogherini on Thursday urged Russian President Vladimir Putin to make a radical change in attitude to end the crisis sparked by Moscows intervention in Ukraine.The fact that Russia is in a difficult situation from a financial point of view is not good news, Mogherini told reporters, referring...

    OSCE extends observer mission at Russia-Ukraine border until March
    Dec18

    OSCE extends observer mission at Russia-Ukraine border until March

    VIENNA (Reuters) – European security watchdog the OSCE prolonged the mandate of its observer mission at two Russian checkpoints on the border with Ukraine by three months on Thursday, the longest extension so far. …read more Source: The...

    EU backs new sanctions as summit weighs Russia crisis
    Dec18

    EU backs new sanctions as summit weighs Russia crisis

    A European Union summit has backed new sanctions against Russia over its annexation of the Crimea from Ukraine, but also noted that it didn’t want to drastically hit the country in the midst of an economic crisis. …read more Source: Channel...

    Russia says EU sanctions on Crimea unacceptable
    Dec18

    Russia says EU sanctions on Crimea unacceptable

    MOSCOW (Reuters) – Russia’s Foreign Ministry said on Thursday new European Union sanctions banning investment in Crimea were “absolutely unacceptable” and amounted to discrimination against the Black Sea peninsula, which Moscow annexed from Kiev in March. …read more Source: The...

    Vladimir Putin: West is trying to ‘defang’ the Russian bear
    Dec18

    Vladimir Putin: West is trying to ‘defang’ the Russian bear

    Russian President Vladimir Putin gestures during his annual news conference in Moscow, Russia, Thursday, Dec. 18, 2014. (Source: AP) President Vladimir Putin vowed Thursday to fix Russia’s economic woes within two years by diversifying away from its heavy reliance on oil and gas and voiced confidence that the plummeting ruble will soon...

    Highlights – Putin says economy to rebound, wants end to Ukraine crisis
    Dec18

    Highlights – Putin says economy to rebound, wants end to Ukraine crisis

    MOSCOW (Reuters) – Russian President Vladimir Putin held his annual end-of-year news conference on Thursday. Below are some of his comments. …read more Source: The...

    Putin promises economic recovery, digs in on Ukraine
    Dec18

    Putin promises economic recovery, digs in on Ukraine

    MOSCOW – President Vladimir Putin on Thursday tried to quell fears of economic collapse and vowed rapid recovery from the worst financial crisis of his rule but stressed that his position on Ukraine has not shifted. …read more Source: Bangkok...

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