A Putin Boom?

MOSCOW: Vladimir Putin has more to celebrate than his election as Russia’s president in his own right. After a decade of horrific turmoil, Russia’s economy is at last turning around. Recently, the Moscow brokers Brunswick Warburg predicted that Russia’s GDP will surge 5% this year. That growth should give President Putin - if he is patient and persistent - leeway to tackle the longer term reforms his country needs if it is to become the powerful state he seeks it to be.

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