
Russia’s President Vladimir Putin (right) shakes hands with Jordan’s King Abdullah during their meeting at the Kremlin, Moscow, October 2, 2014
Attempting to take the higher ground in a speech to foreign and Russian investors, Putin said he was relaxed about the measures imposed on his country over Ukraine even though they had broken the fundamental principles of the global economy.
Addressing financiers worried about the weakening economy, capital flight and a possible increase in state intervention, he said Russia was well placed to weather the storm.
"We truly want a country that is strong, flourishing, free and open to the world," he told the VTB Russia Calling investment conference, ruling out restrictions on capital and currency movements out of Russia.
Making clear his aim was to soothe worried investors, he later began a question-and-answer session by saying with a wry smile: "All I have to do is smile to show the devil is not as frightening as he seems."
Comment: Putin sure is a cool customer. It's likely that a comment like the above only incenses the Powers That Be even more than they already are. But he's playing a game of poker, and he's showing that his hand is stronger than his opponent thinks. This is a man you do not want to bluff.
















Comment: Good riddance! Attorney General Eric Holder announced he's stepping down