Russian President Vladimir Putin expressed his belief that Russia is the strongest nation, which will lead to — in his eyes — a positive end in Crimea, according to an interview with the state-owned TASS news agency.
During the interview, Putin stated that everything will “end well” in Crimea because “it’s just that we’re stronger [than] everybody.”
“We’re stronger,” he said, “because we’re right. When the Russian feels that he’s right, he’s unstoppable. I’m saying this sincerely, not just to pontificate,” he added. Right now, there is an ongoing conflict in the southern and eastern parts of Ukraine — areas that have had predominantly ethnic Russian populations since the days of the Soviet Union.
Back in March 2014, Russia annexed Crimea , which was previously a part of Ukraine. Since then, there has been conflict between the pro-Russian separatists and the Ukrainian government — most notably in the Luhansk and Donetsk regions.
“I have developed a certain style over the years. I never make arbitrary decisions — the ones whose outcomes I cannot see,” Putin said. “It’s like when you’re [driving] on the road: if you’re not sure, don’t pass [the car next to you]… You have to be absolutely clear that there’s no upcoming traffic — that you’re truly in control of the situation.” “Those who are trying to compete with us, are on the wrong side of the road. We’re on the right side of the road, and we’re on cruise control,” Putin stated about the current situation. Full Story
Russia goes on decade’s biggest gold buying spree
Between July-September 2014 central banks added 92.8 tonnes of gold to their reserves – and 59% of net purchases in this period were made by Russia
Between July-September 2014 central banks added 92.8 tonnes of gold to their reserves – and 59% of net purchases in this period were made by Russia. Russia was followed by Kazakhstan, which added 28 tonnes to its reserves, and Azerbaijan bought a further seven tonnes. Both Kazakhstan and Azerbaijan are members of the Commonwealth of Independent States.
Russia has overtaken China in the amount of gold held by its central bank.
Gold now makes up 10.6% of Russia’s total reserves, up from just under 8.4% a year ago. Russia has added about 115 tonnes of gold to its reserves this year to date – roughly a 50% increase in both the previous two years’ purchases. Full Story
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