Already in office for nearly a quarter-century and the longest-serving Kremlin leader since Josef Stalin, Putin’s new term doesn’t expire until 2030.
Vladimir Putin began his fifth term Tuesday as Russia n leader at a glittering Kremlin inauguration, setting out on another six years in office after destroying his political opponents, launching a devastating war in Ukraine and concentrating all power in his hands.Already in office for nearly a quarter-century and the longest-serving Kremlin leader since Josef Stalin, Putin ’s new term doesn’t expire until 2030, when he will be constitutionally eligible to run again.
He began his term in 2018 by promising to get Russia into the top five global economies, vowing it should be “modern and dynamic.” Instead, Russia's economy has pivoted to a war footing, and authorities are spending record amounts on defense.Analysts say now that Putin has secured another six years in power, the government could take the unpopular steps of raising taxes to fund the war and pressure more men to join the military.
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