While using a litany of accusations against the West, Putin acknowledged that Western economic sanctions over Russia’s course on Ukraine was just one factor behind the Russian economic crisis, saying a key reason was the nation’s failure to ease its overwhelming dependence on oil and gas exports.
Speaking with strong emotion, Putin sought to soothe market fears that the government could use administrative controls, such as obliging exporters to sell their currency earnings, to help stabilize the ruble.
Because they will always try to put him on a chain, and as soon as they succeed in doing so they tear out his …read more
Source: San Francisco Chronicle
