InfoAnda - Putin warns Russia against economic complacency |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Bahamas paramedic charged in Travolta extortion plot | 27 January 2009
Suicide bomber kills Afghan district chief | 10 February 2011
Hamas to give Gaza truce response Saturday: Egypt | 5 February 2009

Analysis: Obama faces split opinion on Iraq future | 22 February 2009

Forum Views () Forum Replies ()

Read more with google mobile : Putin warns Russia against economic complacency |

Edition: U.S. Article Comments (0) Full Focus Editor's choice A selection of our top photos from the past 48 hours. Full Article Follow Reuters Facebook Twitter RSS YouTube Read Apple to ship new iPhone in September: sources 7:29am EDT UPDATE 4-AT&T weathers iPhone exclusivity loss 10:02am EDT Obama defends U.S. deficit plan, sees common ground | 9:19am EDT Fox to punish leaks after "Glee" spoiler 6:01am EDT Michelle Obama's plane was too close to other jet 3:37am EDT Discussed 96 Palin returns with feisty, anti-establishment speech 74 UPDATE 1-Geithner says Congress will pass debt limit increase 50 Senate panel slams Goldman in scathing crisis report Watched Cupless bra combats cleavage crinkle Fri, Apr 15 2011 VW unveils new sporty Beetle Mon, Apr 18 2011 German scientists develop thought-controlled car Tue, Apr 19 2011 Putin warns Russia against economic complacency Tweet Share this By Gleb Bryanski and Timothy Heritage MOSCOW (Reuters) - Prime Minister Vladimir Putin said Wednesday Russia was emerging powerfully from the global financial crisis but must reduce its reliance on energy and raw materials to see off external... Email Print Related News Putin says Russia can be one of top five economies 6:10am EDT Highlights: Remarks by Russian PM Putin in annual report 8:48am EDT Putin says no plans to crack down on Internet 9:34am EDT Snap Analysis: Putin keeps Russia guessing on 2012 vote 11:13am EDT Analysis & Opinion Saudi handouts ratchet up “fair price” of oil Long Asia on the inflation blame game Related Topics World » Russia » Russia's Prime Minister Vladimir Putin addresses the parliament at Russian State Duma in Moscow April 20, 2011. Credit: Reuters/Alexsey Druginyn/RIA Novosti/Pool By Gleb Bryanski and Timothy Heritage MOSCOW | Wed Apr 20, 2011 11:13am EDT MOSCOW (Reuters) - Prime Minister Vladimir Putin said Wednesday Russia was emerging powerfully from the global financial crisis but must reduce its reliance on energy and raw materials to see off external threats to its economy. In a speech to parliament, he did not say whether he and President Dmitry Medvedev had agreed which of them would run in next year's presidential election but underlined his own credentials by outlining his government's economic achievements. Putin told the State Duma lower house in his more than two-hour annual report that inflation would not exceed 6.5 to 7.5 percent in 2011 and that gross domestic product grew by 4.4 percent in the first quarter of the year. He also made a number of promises likely to please voters, including putting aside $2.7 billion for a possible increase in state pensions in August. Other spending pledges included support for farmers, teachers and the military. But he said Russia faced unspecified external threats to its $1.5 trillion economy and the country of 143 million people could not afford to sit back after overcoming the worst of the financial crisis. "Based on GDP, Russia should enter the ranks of the five leading countries (by 2020)," he told deputies, adding that GDP per capita should more than double to $35,000 by then. "The current beneficial environment in the raw materials and hydrocarbons (markets) should not make us relax. The oil boom we are witnessing only underlines the need to move quickly to a new model of economic development." High oil prices helped fuel Russia's economic resurgence during Putin's 2000-2008 presidency and the price of oil, Russia's main export commodity, is up 28 percent this year. But the economy is over-reliant on energy and raw materials exports, and any fall in the oil price will have a big impact on its overall economic performance unless it diversifies. "Economic weakness and sensitivity to external shocks result in threats to national sovereignty," Putin said, calling for a decade of "strong, calm" economic development and referring to unnamed groups which he said wanted to destabilize Russia. Putin compared Russia favorably with indebted European countries which have had to be bailed out and, criticizing the U.S. policy of quantitative easing under which central banks flood the market with money, pointed out that the United States' triple-A credit rating was under threat. PRESIDENTIAL ELECTION LOOMS Putin underlined his intention to keep a lid on inflation, one of the biggest threats to economic stability, by saying the unexpected windfall from oil revenues would not be spent and should instead be kept in the state reserves. Russia has struggled to attract as much direct foreign investment as it wants but Putin said he expected the annual sum to rise soon to $60-$70 billion from $40.5 billion in 2010. He also said that by 2015 he expected birth rates to rise by 25-30 percent from 2006 levels and average life expectancy to grow from 69 to 71 years because of $53 billion worth of state investment in demographic programs. 1 2 Next World Russia Tweet this Share this Link this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Wednesday, 20 April 2011
Cuban communists opt for old guard to lead reforms |
Killers of Italian activist die in Gaza raid |
Bodies in streets after Nigeria election riots |
Egypt used excessive force to quell protests: report |
Yemen police kill 3 as protests escalate |
Bahrain arrests more doctors, opposition says |
France signals new openness on Muslim groups abroad |
RIM launches PlayBook, fans don't play along |
Sony Ericsson battles for parts after Japan quake |
Royal Wedding to be streamed live on internet |
Apple sues Samsung, says stop copying us |
Ebook seller Kobo closes C$50 million investment round |
Tablet market seen surging to $49 billion by 2015 |
Sprint pledges Clearwire $1 billion wholesale fees |
Seagate buys Samsung hard disk unit |
Japan woes force scrutiny of Apple's margins |
Seasoned users shun spontaneity on the Web: survey |
Charlie Sheen loses custody battle for kids: reports |
Demi Lovato quits Disney TV show, talks of bulimia |
Reese Witherspoon riding high in circus drama |
Royal Wedding to be streamed live on internet |
Flash mobs, rapping record mark first O Music Awards |
Kara DioGuardi says she was molested, date-raped |
Republicans attack Donald Trump as he mulls 2012 run |
U.N. says 20 children killed in Misrata |
Slap that was heard across Arab world didn't happen |
Yemen police kill 3 as protests escalate |
Japan eyes sales tax rise to pay for post-quake rebuild |
Apple to begin shipping new iPhone in September |
Japan may cloud another stellar Apple quarter |
Motorola pushes Bionic launch to summer |
Obama takes tax plan to Facebook billionaires |
Intel and VMWare give downtrodden tech sector a lift |
RIM launches PlayBook but fans don't play along |
Toshiba jumps on report chosen by Apple for small LCDs, Sharp |
Royal Wedding to be streamed live on internet |
Yahoo earnings top target, shares up 3.5 percent |
Threats against Web sensation Rebecca Black probed |
Fox to punish leaks after Glee spoiler |
Doctor Who actress Elisabeth Sladen dies at 63 |
Actor Jeff Bridges to release album in summer |
Isla Fisher in talks to join Great Gatsby |
Happy Days actors sue over merchandising revenue |
Syria removes police chief of restive city |
Pakistan's ISI links with Haqqani militants: U.S. |
Ivorian forces move to stamp out Gbagbo stronghold |
Man shot dead in Kurd protests over Turkey poll ban |
Putin warns Russia against economic complacency |
Hundreds arrested after deadly riots in north Nigeria |
Killers of Italian activist die in Gaza raid: Hamas |
Apple to ship new iPhone in September: sources |
Japan may cloud another stellar Apple quarter |
AT&T weathers iPhone exclusivity loss |
Amazon to allow library lending of Kindle books |
EBay to buy local ad provider Where |
Governments struggle to recruit, keep cyber warriors |
Anti-bomb plan for Pentagon annex posted online |
Obama takes tax plan to Facebook billionaires |
Children's Place says customer database hacked |
Putin says no plans to crack down on Internet |
Jeff Bridges to release album in summer |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01