Putin Compares Tension With West To Chaining A Siberian Bear
Russian President Vladimir Putin attempted to assuage fears over his country's economic crisis during an annual year-end press conference.By Jake Godin | December 18, 2014
With his economy on the brink of a recession and its currency crippled, Russian President Vladimir Putin was set on doing one thing during his annual year-end news conference Thursday: damage control.
Speaking during RT footage of his press conference, he said, "The growth of the global economy will maintain, I'm speaking about the rates of growth are slowing down but the economy will grow, and our economy will overcome the current situation."
Acknowledging that Russia's current economic situation stems from both low oil prices and Western sanctions over the Ukraine crisis, Putin reassured those listening everything would inevitably be back on track in two years.