(Michael Birnbaum – Washington Post)
With recession looming, Russian President Vladimir Putin said Thursday that the West has had his nation in the crosshairs for “centuries,” vowing that Russia would be unbowed in its attempts to pursue an independent and muscular foreign policy.
In an annual state-of-the-nation address delivered to Russia’s political elite, Putin blasted the West and “speculators” who he said were waging an economic war against Russia over its actions in Ukraine. He also made no concessions in response to Western sanctions on Russia, saying instead that they were a spur to bring offshore money home and to invest in domestic industry. Read more here.
Related: A Mix of Welcome Economic Ideas and Defiance of the West (Bloomberg)