Putin: Market turmoil 'temporary'

Comment on this story
Vladimir Putin12345 Reuters. Russian President Vladimir Putin takes part in a news conference at the Novo-Ogaryovo state residence outside Moscow March 4, 2014. Putin said on Tuesday Russia reserved the right to use all options in Ukraine to protect compatriots living in "terror" but that Moscow would use force only as a last resort.

Moscow - Russian President Vladimir Putin said on Tuesday that the turmoil seen in Russian markets was a “tactical, temporary” decision by investors.

Russia's stockmarket slumped on Monday after Russia's military intervention in Ukraine unnerved investors.

Putin was speaking in his first news conference since Ukraine's ousted leader Viktor Yanukovich fled from Ukraine. - Reuters

sign up

Comment Guidelines

  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines