Get Adobe Flash player © Sputnik. LIVE: Putin’s Year End Presser 2016 New messages 15:55 Russian President Putin’s news conference ends “That’s all! Have a Happy New Year everybody,” Putin said. He answered a total of 47 questions. The press conference lasted for over 3 hours 50 minutes. Russian President Vladimir Putin attends his annual end-of-year news conference in Moscow, Russia © Sputnik/ Alexei Druzhinin 15:49 What robot do you need in the Kremlin? Robots are needed in manufacturing. We deal with sensitive issues that have an impact on human lives. So you have to be human. We cannot rely on robots here. 15:47 What’s you biggest mistake as a president? I have been asked this many times. Everyone makes mistakes. No one lives without making them. I will refrain from repeating what I said earlier. I will try to draw conclusions. 15:45 Question from NBC news Moscow: When are you going to meet Trump and what will you discuss? It’s hard to say when. The President-elect needs to build his team. We will discuss normalizing ties. Trump said during his election campaign that we need to improve ties, because they are already bad. We will think how to resolve this together. Cars pass by a billboard showing US President-elect Donald Trump and Russian President Vladimir Putin placed by pro-Serbian movement in the town of Danilovgrad on November 16, 2016 Calling Trump “Putin’s Man” is ‘Perfect Non-Constructivism’ – Kremlin 16:26 21.12.2016 The Kremlin spokesman described calling US President-elect Donald Trump “Putin’s man” for his readiness to communicate as “perfect non-constructivism”. Read more 15:41 On a “status quo” in Russia-Georgia relations I welcome the visa-free regime between Georgia and the EU. Visa regimes in Europe are an anachronism regardless of whether we speak about Ukraine or Georgia. It’s not us who were to blame, it’s not Russia who started hostilities in South Ossetia. But in the end we must think about normalizing ties. I do not rule out a return to the visa-free regime between Russia and Georgia. This handout picture taken and released by the Ukrainian presidential press-service shows President of the European Commission Jean-Claude Juncker (R) and Ukrainian President Petro Poroshenko embracing prior their talks in Brussels on August 27, 2015. EU ‘Breaking Its Promises’ By Promoting Visa-Free Regime for Ukraine, Georgia 16:06 17.12.2016 The European Parliament has approved a legal mechanism that would enable the implementation of visa-free regimes with Ukraine and Georgia. Radio Sputnik discussed the issue with Robert Oulds, political analyst and Director of a London-based independent think tank, the Bruges Group. Read more 15:40 Putin: “Love will turn into hatred if we continue this for too long” President Vladimir Putin during his twelfth annual news conference at Moscow’s World Trade Center in Krasnaya Presnya © Sputnik/ Aleksey Nikolskyi 15:34 President Putin has answered 40 questions since the press conference’s start Putin has already answered 40 questions. Last year, the Russian leader answered 44 questions in four hours. Reporters during President Vladimir Putin’s twelfth annual news conference at Moscow’s World Trade Center in Krasnaya Presnya © Sputnik/ Mikhail Klimentyev 15:25 Question from China’s CCTV correpondent: How such superpowers like Russia and China will solve global issues and how it will affect bilateral relations? China is our biggest partner. There are major joint projects in energy, aircraft manufacturing, space. We have major initiatives in infrastructure projects. The renminbi (yuan) is a reserve currency now. Congratulations on that. Our stances on many international issues are similar. This is a stabilizing element in all international affairs. We value relations with China and hope that they will develop. Russian President Vladimir Putin, left, and President of the People’s Republic of China Xi Jinping during a signing ceremony of documents following their talks in Beijing China-Russia Relations are ‘Mature and Stable’ – Ambassador 09:23 21.12.2016 China’s Ambassador to Russia Li Hui described Beijing-Moscow relations as mature and stable, and said he hope they would receive an additional impetus next year. Read more 15:23 Putin: “Our country is big and complex” We have taken steps to make our judicial system more humane. We will continue this work. Our country is big and complex. Some radically protect liberal values and provocative exhibitions. The same is true of ultra-patriots. I agree with you. People must be more humble. This has to do with revenues, bonuses. They have to understand in what country we live. President Vladimir Putin during his twelfth annual news conference at Moscow’s World Trade Center in Krasnaya Presnya © Sputnik/ Alexei Druzhinin 15:15 On NGO’s, which are dubbed “foreign agents” in Russia It’s not an issue of foreign agents. However, our competitors are sometimes using ecological organizations to disrupt certain projects in Russia. Rosatom is one of the leading companies in the world. International experts have found that technologies that it uses are safe. Reflection of the EU flag in a window of a building in Brussels. EU Reiterates Call to Russia to Stop Labeling NGOs as ‘Foreign Agents’ 17:44 16.12.2016 The European Union reiterated its call to Russia to abandon the practice of labeling NGOs as “foreign agents” following a decision of a Moscow court to include the Memorial International Society on the “foreign agents” list, a spokesperson for EU foreign policy chief Federica Mogherini said in a statement on Friday. Read more 15:11 Putin’s press conference has already lasted for over 3 hours 15:09 Will Putin participate in the upcoming presidential election? The time will come. I will look at what is happening in the world and in the country. Taking into account what we have achieved and what can be done, I will make a decision on whether to take part in the upcoming presidential election or not. Russian President Vladimir Putin attends his annual end-of-year news conference in Moscow, Russia © Sputnik/ Aleksey Nikolskyi 15:02 A question from a German journalist on Russia’s relations with Europe When it comes to fostering ties with Europe, we were not the ones to ruin relations with the West and Germany. We did not introduce sanctions against Europe. We have merely responded to restrictive measures imposed on use. We will gladly remove these sanctions if our European partners lift their sanctions. Our European and American partners provided guarantees that a deal in Ukraine would be upheld. The next day this agreement was broken. This led to Crimea’s reunification with Russia and a war in Donbass. We have been asking for years to discuss the parameters of this (Ukraine-EU Association) agreement. We were not the initiators of what happened. After the coup took place they postponed greater integration between Ukraine and the EU. Now Europe is against implementing the deal. We want to jointly solve issues with Europe, for example in the fight against terrorism. We want to resolve issues together. One of these issues involves tackling international terrorism. We express our condolences to the victims of the Berlin tragedy. How can we speak about efficient work when it comes to counterterrorism when European partners have limited this cooperation. As a result, attacks take place. I spoke about this at the UN General Assembly, a united front against terrorism is needed. Russian President Vladimir Putin speaks during a press conference after the conclusion of the G-20 Summit in Hangzhou in eastern China’s Zhejiang Province, Monday, Sept. 5, 2016 No Alternative to United Front Against Terrorism – Putin 14:53 30.11.2016 There is no alternative to joint fight against terrorism, Russian President Vladimir Putin said Wednesday. Read more 14:58 “My only goal – interests of Russia” My only goal is Russia’s interests. President Vladimir Putin during his twelfth annual news conference at Moscow’s World Trade Center in Krasnaya Presnya © Sputnik/ Aleksey Nikolskyi 14:54 Putin: “It’s best not to slap children” It’s best not to slap children. There are better methods of bringing up children. Interference in family’s affairs is unacceptable. 14:47 On patriotism We will continue support patriotism. There is no other unifying force for us. December 3, 2015. Russian President Vladimir Putin delivers his annual Presidential Address to the Federal Assembly at the Kremlin’s St. George Hall. Patriotic Values Unite Russians, Help Them Face Any Difficulties – Putin 12:36 01.12.2016 Patriotism has united Russian people and help them face any difficulties, Russian President Vladimir Putin said Thursday. Read more 14:43 What’s Russia’s stance on the fact that Iraqi Kurds moving toward independence? Russia has special and cordial relations with the Kurds. Kurdish Peshmerga fighters have been extremely courageous and efficient in fighting terrorists. When it comes to sovereignty, we will act within the framework of international law. In the end, the rights of the Kurdish people will be upheld, but all specific issues will be determined by Iraq and the Kurdish people. We will not interfere in Iraq’s internal affairs. A Kurdish man waves a large flag of the Kurdish People’s Protection Units (YPG) political wing, the Democratic Union Party (PYD), during a demonstration against the exclusion of Syrian-Kurds from the Geneva talks in the northeastern Syrian city of Qamishli on February 4, 2016 Syrian Kurds Condemn Killing of Russian Ambassador in Turkey 06:41 20.12.2016 Syrian Kurds condemn the murder of Russian Ambassador to Turkey Andrey Karlov in Ankara and express condolences to the Russian people, Rezan Hedo, a member of the Syrian Democratic Council, said Tuesday. Read more 14:37 On the fight against Daesh and use of the Islamic State name for the terrorist group by media Islam should never be put together with terror. 19, 2014, file photo, which has been verified and is consistent with other AP reporting, shows Islamic State group policemen standing guard in front of a police station in Nineveh province, Iraq Daesh: ‘Islamic State’ or International Criminal Organization of Thieves? 21:06 11.12.2015 It has been a tough year for Syria, US columnist and managing editor of Veterans Today Jim W. Dean notes, adding that at the same time a lot of fraud related to the US-led coalition’s war against Daesh (IS/ISIL) has recently come into light. Read more 14:30 On a bridge to the Crimean peninsula, the development of Russia’s westernmost Kaliningrad region The name is not that important. The most important that it will operate. Currently, people call it the Kerch Strait brigde, but we can conduct a poll. There are issues with energy deliveries to Kaliningrad. Our European partners are saying that we should get closer to each other, but in this case they are cutting ties with us. We will resolve the issue of sustainable deliveries of energy resources to Kaliningrad. This is one of the key issues for Kaliningrad’s development. Infrastructure is the second major area. One of the issues Crimea has to deal with is energy deliveries. Gas pipeline system has been integrated with Russia’s network. We will make a formal announcement in the coming days. We are going to build two nuclear stations in Crimea. Kerch Strait Bridge Preparatory Work in Taman Connecting the Shores: What a Bridge to Crimea Will Look Like (VIDEO) 17:53 13.06.2016 Watch how the strategic bridge to Crimea across the Kerch Strait will look like as the construction is underway. Read more 14:22 Question from RT, “accused of all mortal sins in the West”: on the US presidential election, the so-called American democracy: is it still alive? As for democracy, we have been speaking about this for a long time, but our American colleagues ignored that. We have long raised this issue. The US election system is archaic. But it’s up to American people to solve that. The Democratic Party has clearly forgotten what its name means. I believe that the Americans will figure it out, the US is a great country. President Vladimir Putin during his twelfth annual news conference at Moscow’s World Trade Center in Krasnaya Presnya © Sputnik/ Alexey Filippov 14:20 On the Eurasian Economic Union integration All members of the Eurasian Economic Union (EAEU) benefit from what we are doing when it comes to integration. This is a useful process for all participants. Eurasian Economic Union EEU Ready for Common Eurasian Economic Space Talks With EU – Russian Diplomat 11:21 11.11.2016 Russian Deputy Foreign Minister said that Eurasian Economic Union is ready for detailed discussions with the European Union on a common economic space spanning the Eurasian continent. Read more 14:12 On the plane crash of former Polish President Kaczynski in Russia’s Smolensk. If Europe is weaker, is it in Russia’s interests? The Investigative Committee needs the remains of the Tupolev Tu-154 aircraft of the Polish Air Force which crashed in the city of Smolensk. We did everything to investigate this tragedy. It should not be used to upset relations between the countries. If we need to talk to a third country to build relations with the EU, then it is not interesting to talk to Europe. It is not our business to tell Europe how to build relations among its nations. Centralization in the EU is very pronounced. Whether it is for Europe’s benefit or not is for you, not us to decide. Yes, there are differences about migants, the migrant crisis, it’s up to European countries to decide that. Whatever the situation is like in Europe, we are always interested in developing ties with Europe. We are interested in fostering ties with Europe. We would like Europe to speak with one voice. We want a partner we can talk to. If there’s no such voice, we’ll talk on the bilateral level. Europe’s internal structure is not an issue we must deal with. President Vladimir Putin visits Greece EU Officials Cannot Damage Russia’s Ties With European Partners 13:49 29.05.2016 Russian President Vladimir Putin began his visit to Greece on Friday, the first EU country this year. Greece has long opposed the European policy of sanctions against Russia. Read more 14:08 On import substitution amid foreign pressure on Russia You speak about economic sovereignty. Economic sovereignty is extremely important. The independence of our financial system is also an issue. When they (the US and the EU) needed to pressure us, they started to use economy to pressure use. Import substitution of foreign consulting is an important issue. We must develop our own rating agencies. These organizations must be transparent. As for rating agencies, nobody is going to hear them if they don’t prove their competitiveness. We need to make this area more sovereign. Russia EU 2016 Political Shifts Raise Hopes for End of Anti-Russia Sanctions 16:24 21.12.2016 The changes in approaches to Western sanctions against Russia over Crimea’s reunification with Russia during 2016. Read more 14:05 The president has answered 20 questions in two hours. Reporters during President Vladimir Putin’s twelfth annual news conference at Moscow’s World Trade Center in Krasnaya Presnya © Sputnik/ Mikhail Klimentyev 13:59 On oil prices; is Russian budget ready for implementing agreement with OPEC on oil production cuts The situation was worse than average, our economy adjusted to the situation. Nobody knows what the prices would be like. We think that oil surplus will be out of the market and the oil price to stabilize at the current level. How our economy will respond to oil cuts? It will be a gradual oil production cut. It’s a first such decision by OPEC in the past 8 years. We will continue working with OPEC. We are not members of the cartel, but we will honor our commitments. This cooperation is beneficial to both members of OPEC and countries that are not part of the organization. Russian President Vladimir Putin during a meeting with Deputy Crown Prince and Defense Minister of Saudi Arabia Muhammad bin Salman Al Saud as part of the G20 Summit in Hangzhou Putin Played Big Role in Reaching Deal on Oil Output Cuts – Russian PM 13:27 15.12.2016 Russian President Vladimir Putin played a big role in agreements of oil-producing states on oil output cuts, Russian Prime Minister Dmitry Medvedev said Thursday. Read more 13:58 On alternative energy sources Everyone is talking about the switch to alternative fuels. And Russia is working on this. We deal with all of these issues. Coal consumption exceeds that of oil and gas. This component should be made more eco-friendly. An Arctic dawn Nobel Prize Winner to Sputnik: Alternative Energy is a ‘Way Forward’ for Arctic 17:15 21.11.2016 Finding alternative technologies and supplies of energy should be the main strategy in exploring the Arctic region to retain its environment and stop increase in temperature, Professor Terry Callaghan, the winner of the 2007 Nobel Peace Prize for efforts in counteracting man-made climate change, told Sputnik on Monday. Read more 13:42 Question from Sputnik Turkey on the Russia-Turkey thaw, the potential of Russia-Ankara-Tehran group on Syria, the murder of the Russian ambassador in Ankara The tragedy (the assassination of Russian Ambassador to Turkey Andrey Karlov) that took place recently, I think, was an attempt on Russia and Russia’s relations with Turkey. Will that damage Russia-Turkish relations? No. This will not affect Russia’s relations with Turkey, because we understand how important these ties are. We will do a lot to develop them. After a thaw in our relations, we have managed to find common ground after the relations were improved. I hope we will be able to reach compromises in the future. The trilateral cooperation has played a major part in resolving the Aleppo situation without combat activities. Some 100,000 people have been evacuated from Aleppo. This is the biggest humanitarian operation in the world. And it could not be achieved without the Turkish president, without Iran’s leadership and the Syrian president. The next phase must see a nationwide ceasefire. Then political negotiations must take place. We have suggested that they could take place in Astana. Erdogan and Assad have agreed to that. Russian Foreign Minister Sergei Lavrov (2L), his Turkish counterpart Mevlut Cavusoglu (2R) and Iran’s Foreign Minister Mohammad Javad Zarif (R) attend a meeting in Moscow on December 20, 2016 Russia-Turkey-Iran Talks on Syria ‘Gleam of Hope’ for Lasting Peace – Lawmaker 22:43 21.12.2016 The Russia-Turkey-Iran format of cooperation provides hope for Syria crisis settlement and preserving territorial integrity and sovereignty of the war-torn country, Ozturk Yilmaz, a deputy chair responsible for foreign relations of the Republican People’s Party (CHP), told Sputnik on Wednesday. Read more 13:32 On the “frozen” Ukrainian crisis, the Normandy format As for the so-called occupants in Donbass. You should be more concerned that the Ukrainian troops would be considered occupants of Donbass for years to come. Journalists should do what their profession tells them to do. As for servicemen of the Ukrainian army, nobody tortured them, they just confessed. Their contacts in Russia, other information, they revealed all that. If Kiev has a political will, this and other issues can be resolved. As for the Normandy format group, indeed, it’s been not extremely efficient, but we have no other alternative. We have to continue working in this framework. Without it, the situation will only become worse. As for Ukraine’s visa-free regime with the EU, I support that. I believe that a visa regime is a relic of the past, of the Cold War times. President Vladimir Putin Putin: Foiled Attack in Crimea Worrying, Ukraine Starts to Resort to Terror 19:19 10.08.2016 Ukraine’s authorities have resorted to terrorism instead of looking for peaceful solutions to the conflict in the east of the country, Russian President Vladimir Putin said Wednesday. Read more 13:26 On the preservation of the environment I cannot agree with you that Western countries are paying less attention to preserving nature. France has made a major effort to bring the Paris treaty to life. It is hard to say whether other countries will fulfil their obligations under this treaty, but Russia is ready to achieve what it has pledged to do. I am extremely worried about pollution, massive waste deposits. Preserving forests is also a major issue. 13:14 On Obama’s accusations of alleged Russia’s state-sposored hacking of the US presidential election; probable arms race The basis for the new arms race was created when the US withdrew from the Anti-Ballistic Missile Treaty, it’s not something we did. We have to respond to this challenge and have made progress. It’s in the framework of all our agreements and obligations. We are not violating anything, including the New START. We were not the ones to withdraw from the Anti-Ballistic Missile Treaty. But we have upgraded our nuclear potential. Yes, we impoved our nuclear triad. Probably, this is what has prompted the US to upgrade their nuclear forces. We are not the ones fueling the new arms race. We will never join the arms race. By 2021, more than 70 percent of weapons in Russia’s arsenal will be upgraded or new. I never reveal the content of our conversations with Obama one-on-one. The side that lost is always searching for someone to blame. Now it’s easy for them to blame some other countries. But the most important things is what was revealed. The truth came out. The Democratic party manipulated public opinion. The DNC chairman resigned. This means that this information was true. And instead of apologizing, they chose to blame others. I have never publicly commented on my conversation with Obama. This is my rule. Social media users quickly reacted to the US’ accusations and posted memes on the issues. Vladimir Putin and Barack Obama at G20 Summit in Hangzhou, September 2016. Obama Warned Putin That Meddling in US Election Could Spark ‘Armed Conflict’ 05:29 20.12.2016 President Barack Obama directly warned Russian President Vladimir Putin that any interference by Moscow in the US election process could lead to “armed conflict,” media reported. Read more 13:05 On doping in Russian sports, WADA’s potential reform First of all, the issue of performance-enhancing substances has never been raised in Russia. There is no state-run doping program. We are having some issues with doping just as many other countries. We will work with international organizations, WADA, to resolve this problem. As for (WADA’s) informants, who escaped from Russia to another country, he previously worked in Canada. He brought prohibited substances in Russia for the US or Canada. He made athletes take them. We have to tackle this issue, primarily taking the health of athletes into account. I am convinced that activities of WADA and similar organizations have to be transparent and accountable. Transparency is essential in this area. Clearly, there is a political component. We need to cleanse sport and culture from politics. They must unite and not divide people. A lab technician shows a sample to be tested for doping Putin Signs Into Law Bill Criminalizing Incitement of Sport Doping 14:49 22.11.2016 Russian President Vladimir Putin signed into law on Tuesday a bill introducing criminal charges for inciting athletes into doping use. Read more 13:04 “We will surely win” – Putin on economy There have always been issues and there will always be issues, but we will surely win, Putin said refering to import substitution. Russian economy, if it wants to develop and it will develop, has to be part of global economy. 13:02 President Putin has already answered ten questions President Putin has already answered ten questions since the press conference kicked off more than an hour ago. Russian President Vladimir Putin attends his annual end-of-year news conference in Moscow, Russia © Sputnik/ Vladimir Astapkovich 12:54 New global world order, Russia’s relations with US after Trump’s win All attempts to blame outside factors for all the failures of the outgoing administration and the leadership of the Democratic Party… Is it my work? There are systemic issues. There is a gap between what is good and what is bad when to comes to elites and people. The fact that many Republican voters support the Russian president says that some Americans share our view on global challenges and traditional values. This is a good basis to build relations between Russia and the US. I think that former President Ronald Reagan would not “roll in his grave”, but would have been happy his party wins. He would have been happy for the president-elect that he understood the grieve. He united the nation, while the current administration split the nation. They (Democrats) have to learn how to lose. We want to build working relations with the next US administration. A traditional wooden Matryoshka doll depicting President-elect Donald Trump is displayed at a shop in Kiev, Ukraine, Wednesday, Nov. 9, 2016 Mainstream Media Hopping Mad Trump National Security Memo Doesn’t Mention Russia 20:51 21.12.2016 On Tuesday, Foreign Policy published what it said was a leaked memo outlining President-elect Trump’s defense priorities. The memo, dated December 1, makes no mention of Russia, a fact which has enraged neocon policymakers and Russophobic mainstream media commentators to no end. Read more 12:46 Development of Crimea, its intergration in Russia’s economy As for the integration, you might know about the program of Crimea’s development, Crimea is a free economic zone, it’s more difficult than we expected. It greatly depends on local authorities. Crimea’s integration is underway. In Crimea, the inflation is even lower than 5.5 percent this year. Shipbuilding, ship repairs, agriculture, chemical industry, tourism. I would like the high-tech sector to develop in Crimea. They could create high-tech and well-paid jobs in Crimea. You need to develop tourism. Once this bridge (the Kerch Strait Bridge) is put into operation, there will be more tourists. Crimea has a lot of potential. I’m sure we will see some growth there. We just need to resolve issues, which had been unresolved for decades. Fall in Crimea German Entrepreneurs Expected to Bring ‘Interesting Projects’ to Crimea 14:03 04.12.2016 Crimea is expecting to welcome a delegation of businessmen from Germany’s Bavaria. Read more 12:41 On new types of arms, nuclear weapons When it comes to Trump, there is nothing new about his comments. He spoke about increasing America’s nuclear potential during the election campaign. I was surprised by comments of some officials in the outgoing administration. Yesterday, I said that Russia is stronger than any potential aggressor. And this is true. What is an aggressor? A country that can launch an attack against us. We have upgraded our land- and sea-based nuclear forces, as well as our Air Force. We are acting in strict accordance with all our international commitments, including the New START Treaty. Nothing new is happening here. Why would some officials in the US administration say that the US has the strongest military force in the world? We are saying that we are stronger that any aggressor. Prime Minister Vladimir Putin at the test if a T-50 fifth generation fighter Russia Stronger Than Any Potential Aggressor – Putin 14:00 22.12.2016 Russia is now stronger than any potential aggressor, Russian President Vladimir Putin said Thursday at an expanded Defense Ministry board meeting. Read more 12:40 Is it possible that snap presidential election will take place? Putin: In which country? It is possible, but it is not necessary. 12:35 On Russia’s budget, defense spending, Rosneft deal When it comes to Russia’s budget, we are using conservative estimates – $40 a barrel. We will fulfill our social commitments. In 2011, we spent 2.7 percent of our GDP on the defense. In 2016, it will be 4.7 percent. In 2017, we will go down. It will be 3.7 percent next year. This will not affect our defense capabilities. In the past five years we spent a lot of money on upgrading our army. The Russian budget included the sake of a stake in Rosneft. They money has already been transfered. The government has already received 1.1 trillion rubles. Russian President Vladimir Putin attends his annual end-of-year news conference in Moscow, Russia © Sputnik/ Alexei Druzhinin The Tu-95 bombers seen flying over Moscow’s Red Square during the rehearsal of the May 9 Victory Day Parade Russia’s Defense Spending Ensures Stable Security Situation – Prime Minister 12:57 15.12.2016 The security and defense situation in Russia is stable thanks to the state’s defense spending, among other things, Russian Prime Minister Dmitry Medvedev said Thursday. Read more 12:28 On corruption cases in Russia, on former Minister of Economic Development Alexei Ulyukayev I am closely following all high-profile cases. On all high-profile cases, the investigators must have time to find out all the details. As for Mister Ulyukayev, I did not speak with him. The information and documents provided by law enforcement were enough for me to dismiss him over lack of trust. We’ll wait and see what the court rules. Minister for Economic Development Alexei Ulyukayev speaks at a Federation Council meeting. (File) Putin Dismisses Ulyukayev From Post of Economic Development Minister 20:40 15.11.2016 Russian President Vladimir Putin dismissed Alexei Ulyukayev from the post of economic development minister over “lack of confidence,” Kremlin spokesman Dmitry Peskov said. Read more 12:27 Work of the Russian Central Bank No one thinks that Russia’s Central Bank has taken a wrong path to revive the country’s economy. Banknotes and coins of Russia Russian Ruble Not to Face New Devaluation – Central Bank Governor 13:04 12.10.2016 The Russian currency will not be devalued, as during the 2014 crisis, Governor of the Bank of Russia Elvira Nabiullina said Wednesday. Read more 12:18 What are Russia’s main economic problems? The problem with economies like ours is when you have petrodollars, you can get cash easily, while other sector remain underdeveloped. Our country has been working on changing the structure of our economy. We are still investing in high-tech sectors less than OECD countries. They invest 2.4 percent of their GDP, while we invest approximately 2.1 percent. The Russian government is making steps to resolve this issue. Export of IT-technologies was close to zero. Right now, Russian IT-exports amount to $7 billion. Recently, we exported billions of dollars in weapons. In the defense indusstry, we see a real growth there. We have grounds to believe that we will lead in many key sectors and will maintain this leadership for decades. We should be leaders in a global technology revolution. We have all the chance for that, taking into account high level of education and science in our country. Russian President Vladimir Putin attends his annual end-of-year news conference in Moscow, Russia © Sputnik/ Grigory Sysoev 12:14 On agriculture I think that actually agricultural machinery shows a positive dynamic of development. This is a sector that helps to boost the economy. Agriculture has been growing by over 4 percent. However, the government plans to assistant certain sectors of the economy with subsidies. I hope this will produce a positive outcome. Harvesting wheat at the fields of the Lebyage-Chepiginskoe JSC in Timashevsky District, Krasnodar Territory Russia Became Major Actor on Global Agriculture Markets – FAO Director-General 10:00 13.12.2016 UN Food and Agriculture Organization’s Director-General said that Russia made significant progress in developing its agriculture sector and became a major actor on global agricultural markets. Read more 12:05 On Russian economy, inflation rate, GDP In 2015, GDP fell by 3.7 percent last year. This year GDP is expected to decrease by -0.6 percent. Russia’s economy is improving due to machinery manufacturing, agriculture. We see growth in the agriculture sector. The second indicator is the inflation rate. Last year the inflation rate was too high even for our economy. In this year inflation will be very different. This yeat the inflation will definitely will be less than 6 percent. Now it looks like it will be 5.5 percent, which is a record low. Capital outflow is reducing. Do we have problems? We do. We should be sure our economy will continue to grow. In the last few months we saw a real increase in real wages, which makes us optimistic. Prime Minister Medvedev meets with Russian Academy of Sciences President Fortov and FASO Head Kotyukov Inflation in Russia in 2016 to Stand at Historically Record Low Level of 5.5% 12:44 15.12.2016 Russia’s inflation will stand at around 5.5 percent at the end of 2016, which is a historically record low level, Prime Minister Dmitry Medvedev said Thursday. Read more 12:03 Russian President Vladimir Putin’s annual year-end press conference begins When commenting on the issues Putin is expected to cover, Kremlin spokesman Dmitry Peskov said “That is Syria. And in the context the situation of in Syria many people are interested in the development of our armed forces. We know that the armed forces are taking part in a large cross-border operation for the first time in a long period of time. They are doing a brilliant job … This topic is likely to attract much attention [during the press conference]. The process of the rearmament of the Russian army correlates with [Russian] economic potential.” 11:57 Journalists traditionally bring banners, toys and other things to catch the president’s attention and ask him a question Ladeez. This is how to flirt with the Prez. vvp pic.twitter.com/XOhOgBsC7v — Darth Putin (@DarthPutinKGB) December 23, 2016 11:55 Journalists are awaiting the start of Russian President Vladimir Putin’s major news conference A record high of over 1,400 journalists have been accredited to participate in the event. According to the Kremlin spokesman, “many US journalists have been accredited.”
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