Putin Turns Deaf Ear to Warnings on Economy Amid Ukraine Crisis

NEWSMAX: …Speeches at an investment forum in Moscow this past week by Putin and key members of the government exposed glaring differences.

While the Kremlin strongman sought to reassure investors and stressed the situation was under control, senior officials gave an alarming picture of an economy battered by Western sanctions and struggling to eliminate structural weaknesses.

Economy Minister Alexei Ulyukayev warned of an “explosive situation” created by a combination of inflation that is set to reach around 8 percent this year and economic growth expected to be less than 1 percent… (more)

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