Putin interview in the Financial Times

  • OPEC has had positive effects on oil market stabilization
  • Praises China for "showing loyalty and flexibility to both its partners and opponents"
  • The most important task we need to achieve is to change the structure of the economy and secure a substantial growth of labour productivity through modern technologies
  • Dramatic oil swings won't encourage investment
  • Says he spoke with top Russian oil executives on Wed
  • Merkel made a major mistake with policy on immigration
  • Western liberal ideas are now obsolete

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