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Putin’s 5th Term Begins with Vow to Secure Russia

May 7, 2024
Putin's 5th Term Begins with Vow to Secure Russia

Russian President Vladimir Putin walks before his inauguration ceremony at the Kremlin in Moscow, Russia May 7, 2024. © Reuters

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Vladimir Putin has commenced his fifth term as Russia’s leader following a ceremony that saw attendance from Russia’s political elite but lacked representatives from the UK, the US, and most European nations. The inauguration ceremony, signaling the start of a term that might extend Putin’s rule to 30 years, featured a forceful speech emphasizing Russia’s national interests amidst ongoing conflict in Ukraine and escalating tensions with Western nations.

In his address at the Grand Kremlin Palace’s St Andrew Hall, Putin asserted that the Russian public’s support validates the country’s current trajectory, especially “at a time of serious challenges.” He interpreted this support as a collective endorsement of Russia’s path and a commitment to defending the nation’s choices, values, and interests.

Despite the predictability of his continued leadership following a widely criticized election, the inauguration may precede significant political adjustments and economic austerity. With the necessity to balance war expenditures and the impact of Western sanctions, Putin faces potential unpopular measures like tax increases.

Following the ceremony, Russian Prime Minister Mikhail Mishustin dissolved the cabinet, paving the way for Putin to appoint a new prime minister, possibly as early as Tuesday. The current cabinet will serve in an acting role until new appointments are confirmed.

The Kremlin minimally acknowledged the Western boycott, highlighting that some European nations, including France, Hungary, Slovakia, Greece, Malta, and Cyprus, did send delegates. Meanwhile, the US Ambassador to Moscow, Lynne Tracy, was notably absent on the day, and Germany had withdrawn its ambassador for consultations following a reported Russian cyber-attack on Germany’s ruling political party.

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