Voices from Russia

Sunday, 15 January 2012

Putin said that the Global Crisis is Systemic

Prime Minister Vladimir Putin (1952- )

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In an article published on his election website and in Izvestiya, Prime Minister Vladimir Putin said that the world is facing a serious systemic crisis. He wrote, “By their scale, today’s global imbalances are such that they can hardly be overcome within the framework of the current system. Fundamentally, what the world’s facing today is a serious systemic crisis, a tectonic process of global transformation. This is a visible manifestation of a transition to a new cultural, economic, technological, and geopolitical era”. In his opinion, the world’s entering a turbulent period, saying, “This period will be long and painful. We should cherish no illusions about it”. Russia will hold a presidential election on 4 March 2012. Most observers think that Putin, who was President between 2000 and 2008, is the most likely winner.

16 January 2012 (MSK)

RIA-Novosti

http://en.rian.ru/society/20120116/170772999.html

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