Annular eclipse will be visible in South America, Africa on Feb 26Science & Space February 26, 3:24
HNC expects Trump to correct Obama's mistakes in Syria - delegation headWorld February 26, 3:08
War on terror to dominate Geneva talks — Syrian UN envoyWorld February 25, 23:48
Russian skier wins gold in skiathlon at 2017 FIS Nordic World Ski ChampionshipsSport February 25, 17:46
Top US Air Force general points to growing conflict potential in Syrian airspaceWorld February 25, 17:17
Iran relies on Russia’s support in production of fuel for nuclear power plantsBusiness & Economy February 25, 16:20
Ukrainian military capture Donetsk water purification plant — spokesmanWorld February 25, 15:05
Azerbaijan and Armenia report armed clashes in Karabakh conflict areaWorld February 25, 11:45
Head of Russian delegation to OSCE PA says Ukraine not ready for dialogueRussian Politics & Diplomacy February 25, 5:02
MOSCOW, December 26 (Itar-Tass) —— Russian President Dmitry Medvedev has pointed to the beginning of what he described as a great depression.
“According to international experts, the global economy has entered into a great depression,” Medvedev said. “This is not just a comparison, but an economic fact. Therefore, all of our decisions must be correlated with the situation in the global economy.”
“True, we negotiated the crisis of 2008-2009 pretty well, but there are no less significant tests in store for us ahead. We must say this to our citizens openly and honestly, in a simple but good Russian language. They should be aware – there are difficulties ahead,” Medvedev warned.
In that connection he recalled the political reform and the transition of powers from the center to the regions.
“In the current situation, when economic life is no simple, and when the political life is brimming with activity a number of political approaches must be changed.