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71. Business English

, 30 2008 . 21:14 +
SerenityJames , .

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Russia can ride out crisis, Putin asserts

Russia's Prime Minister Vladimir Putin believes that Russia has enough resources to weather the global financial crisis and its aftermath if "we are responsible, focused and task-oriented." Asked when the crisis will be over during a televised live broadcast, Putin explained that analysts and experts were split on the issue, both with regard to the forecasts for the global economy and the effect on Russia. He specified that some analysts presaged that economic upturn would start in the second or third quarter of 2009. However, most experts do not expect the crisis to wane until the spring of 2010, he elaborated.

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