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Section: US & Canada

    Western sanctions partly to blame for Russian economic crisis: Putin
    Dec18

    Western sanctions partly to blame for Russian economic crisis: Putin

    MOSCOW – 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 per cent of factors behind the Russian crisis. He accused the West of trying to infringe on Russia’s...

    Putin: Western sanctions partly responsible for crisis
    Dec18

    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 voices optimism on economy, ruble
    Dec18

    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 Reassures Russians Rouble Will Rise Again
    Dec18

    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’
    Dec18

    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
    Dec18

    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
    Dec18

    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
    Dec18

    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
    Dec18

    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
    Dec18

    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...