NOVANEWS
washingtonpost.com
Having decided to snatch back his country’s reins, Vladimir Putin promised Thursday to invigorate Russian industry, suggesting that domestic production was a more important goal than membership in the free-market World Trade Organization.
Taking the stage several hours into an investors’ conference where most of the talk focused on the tough economic times Russia faces in the coming months, the prime minister spoke instead about his plans to modernize the military, health care, education, roads, airports and housing, while nurturing new diversified industrial sectors. The nation would pay for it all, he said, by cutting “unnecessary” construction and corruption.
His military overhaul alone carries a $600 billion price tag.
Putin — already the most powerful p...