News Snapshot:
Speaking at an annual economic forum in the far-eastern port city of Vladivostok, Putin scoffed at the EU plans for a cap on Russian oil and gas prices as a “stupid” idea that “will only lead to a hike in prices”. “An attempt to limit prices by administrative means is just ravings, it’s sheer nonsense,” Putin said. “If they try to implement that dumb decision, it will entail nothing good for those who will make it.” He warned that such a move by the EU would represent a clear breach of the existing conracts, saying that Russia could respond by...
