Vladimir Putin said that Western sanctions against Russia are not directly related to the conflict in the Crimea. In an annual speech to both houses of parliament and government representatives Russian leader said that restrictions are imposed regardless of the situation and have to disrupt – as he called it – the peaceful development of Russia. , photo:
He also promised to support banks’ funds from one pension reserve funds. The president spoke in favor of the unification of procedures associated with the ongoing investments by the state, which could reduce their costs. Also wants to tighten control of procurement spending in the area of national security.
Modern technology
Putin said that Russia should not only modernize its industry, but to become source of ideas and technologies for the world. However, the industry should develop without harming the environment. Putin stressed that the development of the economy need qualified staff. He also pointed to the need for the development of science and the removal of barriers, separating it from the industry.
Putin: Western sanctions against Russia also hurt their initiators
Vladimir Putin said that Western sanctions against Russia are not directly related to the conflict in the Crimea. In an annual speech to both houses of parliament Russian leader said that restrictions are imposed regardless of the situation and have to disrupt – as he called it – the peaceful development of Russia.
According to Putin, sanctions are not only nervous reaction to the United States and its allies Russia’s actions in Crimea. – I am convinced that if it did not happen all the West invented some other reason to stop the development of Russia and its growing strength. The idea is to control Russia, or even better – to use it in their own interests’ – to convince the Russian leader.
Putin accused the West of aggression and cynicism
He compared the pressure of Western countries on Russia policy, led by Adolf Hitler. He announced that his country will not buckle under pressure or Europe or the United States. He argued that the sanctions reconcile both in his country, as in Western countries. For Russia, and will be further impetus to the development of modern technology and economics.
traditionally Vladimir Putin delivers a message before the end of the year. It briefly summarizes the past year and highlights the key social, economic and political, which should address the parliamentarians and ministers.
Mark Tejchman: I am opposed to the independent investing in the currency market
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Investors do not believe Putin
Despite assurances Vladimir Putin ruble has come under strong pressure. On Thursday, after the President again lost and one US dollar cost 53.88 ruble.
The ruble dramatically loses
The Russian MPs do not preclude the denomination of the ruble. Informed the radio station “Goworit Moscow”, referring to the head of the regional policy committee Roman Chudiakowa.
Analysts estimate that with oil prices still falling, the ruble will be subject to further devaluated.
Deputy Roman Chudiakow State Duma says that soon one US dollar can cost up to 75 rubles. In his opinion, it is better to carry out denomination, so people do not have to ever walk with bags full of money. According to the deputy, the citizens do not lose this, but only gain.
Earlier, the ministry of economic development said that according to preliminary estimates, the Russian economy threatens recession, and citizens can lose about 30 percent of their real income.
$ 30 billion. to defend the ruble did not help. The course continues to drop
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The government revises economic outlook
Russia admits that her situation Economic deteriorates. The Russian Ministry. Economic Development does not preclude the entry into the country’s economy in recession after the first quarter of 2015, in the second half of the year is possible shift towards growth – said Tuesday the Deputy Minister Alexei Wiediew.
Instead of 1.2 percent growth, will be 0.8 percent decline in GDP. Remain weak ruble. The dollar is expected to cost in 2015 as today – 50 rubles. On the other hand, inflation is expected to be 7.5 percent.
Less optimistic predictions also look for oil prices in 2015. The average annual amount it is $ 80 per barrel, and not 100 as previously considered. Half of the Russian budget revenues are revenues from taxes on export and sale of oil and gas.
Wiediew Deputy Minister admitted that the Russian economy could reach the bottom in mid-2015 and then bounce away from him.
Immediately after the speech representative Ministry on the reduction of the forecasts of oil prices and the exchange rate of the Russian currency, again she lost value; dollar exchange rate rose by 40 kopecks – up to 51.62 ruble and the euro by 26 kopecks – up to 64.16 ruble.
You can run 500 billion rubles from the Reserve Fund
The issue of possible negative consequences of further growth of oil prices and the exchange rate of the ruble in the next year established a finance ministry Tuesday Russia.
not ruled out spending in 2015, more than 500 billion rubles (approx. 9.7 billion) Reserve Fund. Informed the journalists, the High Representative of the Ministry of Maksim Orieszkin – director of the department of long-term strategic planning.
– Our main defense next year is the Reserve Fund – Orieszkin said. He pointed out that “the use of the Fund is already a foregone conclusion, but it is not known yet how big”. He added that “in certain scenarios,” the amount of funds to be used may exceed 500 billion rubles.
Approved last week by the upper house of the Russian parliament a draft budget for the years 2015 to 2017 allowed the spending of the Reserve Fund to 500 billion rubles.
Some time ago, Finance Minister Anton Siłuanow warned that if oil prices and the ruble exchange rate will remain at the current level, it is in the budget for 2015 may run out of 500 billion rubles ($ 12.2 billion).
“The Russians can lose up to 30 per cent. of their income”
According to the head of the Ministry. Ulukajewa Economic Development Alexei weakening ruble and the possibility of a rise in inflation leads to lower real incomes of citizens.
Analysts say that the Russians may lose up to 30 percent of their income. Today, Interfax news agency reported an increase in the price of gasoline and still weakening of the ruble exchange rate. Also slightly increase food prices.
However, ordinary Russians claim that therefore do not feel the deterioration of living conditions.
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The Central Bank of Russia: the situation is difficult, but not critical
The sharp depreciation of the domestic currency on Monday forced the Central Bank of Russia to issue a statement in which calms: Russia’s economic situation is difficult, but not critical.
Such a statement handed vice president of the Central Bank of the Russian Federation Ksenia Judajewa. At the same time pointed out the need for non-standard decisions that will help the Russian economy to go to a new model.
PAP / IAR, abo
Message of Vladimir Putin: Russia will overcome the difficulties currency … – Polish Radio
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