Putin Strikes Uncompromising Tone Over Russia Crisis

The transcript covers a press conference where Vladimir Putin discusses Russia's currency crisis, emphasizing that a weak ruble helps meet budgetary needs. He criticizes the central bank's reserve spending and downplays converting export dollars to rubles. Additionally, the release of a Russian billionaire arrested for money laundering is highlighted, with implications of political motives. The press conference also touches on various topics, including Putin's personal life.

What was the main focus of Putin's comments during the press conference regarding the ruble?

• He announced new measures to strengthen the ruble.

• He criticized the central bank for its handling of reserves.

• He ignored making supportive comments for the ruble.

• He proposed increasing oil exports to boost the ruble.

What did Putin say about the central bank's reserves?

• They are being increased by selling more oil.

• They are being converted into gold.

• They are being used to pay off international debts.

• They will not be wasted and are sufficient for social undertakings.

What was Putin's stance on converting export earnings into rubles?

• He strongly supported the idea.

• He was indifferent to the proposal.

• He was not a big fan of the idea.

• He mandated immediate conversion.

What was the outcome for the Russian billionaire after his release?

• He was immediately re-arrested.

• His company's shares plummeted.

• His company's shares increased significantly.

• He regained control of his oil company.

What was the public perception of the billionaire's arrest?

• It was ignored by the media.

• It was seen as a fair legal process.

• It was viewed as a raid on his possessions.

• It was considered a political move to gain support.