Mr. Sagar is telling on World Wide economy crises

Putin back to Kremlin

Vladimir Putin was sworn in as Russian president on Monday in a glittering Kremlin ceremony that took place less than 24 hours after protesters opposed to his rule had battled police in downtown Moscow.

“I swear on the power invested in my as president of the Russian Federation to respect and protect the rights and freedom of its citizens,” Putin said, his right hand placed on a red-bound copy of the Russian Constitution.

Russia’s nuclear suitcase was handed over to Putin immediately after his inauguration. 

Putin’s predecessor, Dmitry Medvedev, and Patriarch Kirill, head of Russia’s powerful Orthodox Church. The patriarch later blessed Putin’s inauguration in a Kremlin service. Former Italian prime minister, Silvio Berlusconi, was also in attendance.

“We are entering a new stage of national development,” Putin, 59, said. “We want to live in a democratic country…in a successful Russia.”

"I consider it to be my life’s meaning and duty to serve my fatherland and our people," he added.

Putin was forced to step down in 2008 by a Constitution that forbids more than two subsequent terms, but is silent on further presidential stints. He shifted to the post of prime minister after installing Medvedev in the Kremlin, but remained by far Russia’s most powerful politician.

Putin won a landslide victory at March 4 presidential elections marred by allegations of vote fraud.

Medvedev said shortly before Putin’s inauguration that the authorities had become “more open to dialogue” during his four-year rule. Russia’s Constitution was amended in 2008 to increase the presidential term of office from four years to six.

This  amendment help Putin could remain in power until 2024, longer than any Russian or Soviet leader since dictator Joseph Stalin. An April opinion poll by the independent Moscow-based Levada Center indicated that around a third of Russians fully expect Putin to be in charge for the next twelve years.

Over 400 people were arrested and scores injured as Sunday’s rally against Putin’s rule turned violent when protesters briefly broke through police lines in a bid to take their protest to the Kremlin walls. Putin’s opponents accuse him of corruption and curtailing political freedoms. Protest figureheads Sergei Udaltsov and Alexei Navalny were among those detained.