Denton Record-Chronicle (Denton, Tex.), Vol. 114, No. 279, Ed. 1 Tuesday, May 8, 2018 Page: 5 of 16
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NATIONAL/INTERNATIONAL
Denton Record-Chronicle
Tuesday, May 8, 2018
5A
Putin vows to boost Russian economy in new term
“7
PTM
r
celeration of the technological
development of the Russian
Federation” and “creation of a
high-performance export-ori-
ented sector in the basic sectors
of the economy, primarily in
manufacturing and the agro-in-
dustrial sector.”
The 65-year-old former KGB
agent, who has led Russia for
all of the 21st century either as
president or prime minister, has
been criticized for inadequate
elforts to diversify the economy
from its dependence on oil and
gas exports or develop the man-
ufacturing sector.
Russia’s economy was hit
hard by low world oil prices
and sanctions connected to
Moscow’s 2014 annexation of
Crimea and military involve-
ment in the separatist uprising
in eastern Ukraine, with the ru-
ble losing half its value between
2014 and 2016.
The country recorded an
anemic improvement in 2017,
with gross domestic product
rising 1.5 percent and the ruble
recovering some of its value. But
the currency dropped about 8
his speech, saying “Russia is a
strong, active, influential par-
ticipant in international life.
The security and defense capa-
bility of the country is reliably
ensured. We will give these
matters the necessary constant
attention.”
He acknowledged that the
challenges facing Russia were
formidable ‘but we all remem-
ber well that, for more than
1,000 years of history, Russia
has often faced epochs of tur-
moil and trials, and has always
revived as a Phoenix, reached
heights that others could not.”
Putin was re-elected in
March with 77 percent of the
vote.
By Jim Heintz
Associated Press
MOSCOW - Vladimir Pu-
tin on Monday launched his
fourth term as president with
an ambitious call to vault Russia
into the top five global econo-
mies by developing its techno-
logical products and agricultur-
al exports.
Putin, who has sought to
restore Russia’s military and
diplomatic prominence on the
world stage, focused almost en-
tirely on domestic issues in his
speech after taking the oath of
office in a vast, vaulted Kremlin
hall glittering with gold leaf.
Improving the economy fol-
lowing a recession partly linked
to international sanctions will
be a primary goal of his next six-
year term, Putin said.
“Russia should be modem
and dynamic, it should be ready
to accept the call of the times,” he
said in his inauguration speech
to thousands of guests stand-
ing in three halls of the Grand
Kremlin Palace.
Putin later issued an ex-
tensive decree calling for “ac-
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He became acting president
on New Year’s Eve 1999 follow-
ing the surprise resignation of
Boris Yeltsin and won election to
his first four-year term in 2000.
Re-elected in 2004, he left office
in 2008 because of term limits,
but was named prime minister
and continued to steer the coun-
try from that office. He returned
as president in 2012 when the
post was extended to six years.
_L
Mikhail Metzel,Kremlin pool photo/AP
Vladimir Putin is applauded as he walks into the hall for his inauguration ceremony as Rus-
sia’s president in the Grand Kremlin Palace in Moscow, Russia, on Monday.
percent again last month after world’s top five economies by sia currently places about 12th
the end of his term in 2024. in rankings of world economies.
Putin made only a brief
reference to global affairs in
new U.S. sanctions.
In the decree, he foresaw That would require boosting
Russia becoming one of the GDP by some 50 percent; Rus-
BRIEFLY
Oliver North named NRA president
ACROSS THE NATION
New York
Jay-Z lawyers: SEC
probe a ‘celebrity hunt’
Lawyers for Jay-Z told a
judge that the Securities and
Exchange Commission has
gone on a “celebrity hunt” by
demanding the rapper submit
to unlimited questioning begin-
ning Friday about a company to
which he sold his apparel busi-
ness more than a decade ago.
Jay-Z is concerned that the
SEC’s request is “driven more by
governmental fascination with
celebrity and headlines than by
any proper investigative pur-
pose,” the lawyers wrote Mon-
day in a submission at Man-
hattan federal court. They said
he has agreed to appear for one
day before the SEC, which did
not immediately respond to a
request for comment.
Jay-Z must appear before the
SEC in Washington on Friday.
Elizabeth, NJ.
Man faces charges in 3
crack cocaine deaths
A man who allegedly dis-
tributed fentanyl-laced crack
cocaine that killed three people
and sent numerous others to the
hospital on a single day has been
indicted in their deaths.
Union County prosecu-
tors say George Rayford also
faces several drug possession
and distribution charges in
the 13-count indictment. The
38-year-old Rahway man could
face several decades in prison if
convicted.
lawmakers who are defying the
gun lobby left and right,” said
John Feinblatt, president of Ev-
erytown for Gun Safety, founded
by former New York mayor and
billionaire Michael Bloomberg.
“The NRA doesn’t need a new
leader — it needs an entirely
new direction.”
North was picked by the
NRAs board of directors,
which elects a president every
two years, and is expected to
assume office within the next
several weeks. He succeeds Pete
Brownell, who did not seek a
second term.
LaPierre remains as vice
president and chief executive,
running the powerful group’s
day-to-day operations. North
will lead the board, and NRA
observers say they anticipate he
will take on a more public role in
the style of Heston, a fiery pres-
ence who used his acting back-
ground to energize members.
North was a military aide to
the National Security Council
during the Reagan adminis-
tration in the 1980s when he
emerged into the spotlight for
his role in arranging the secret
sale of weapons to Iran and the
diversion of the proceeds to the
anti-communist Contra rebels
in Nicaragua.
He was convicted in 1989 of
obstructing Congress during its
investigation, destroying gov-
ernment documents and ac-
cepting an illegal gratuity. Those
convictions were overturned in
1991.
gest celebrity to lead the 5-mil-
lion-member gun lobby since
Hollywood leading man Charl-
ton Heston, who famously de-
clared in 2000 that his guns
would have to be taken “from
my cold, dead hands.”
“Oliver North is a legendary
warrior for American freedom, a
gifted communicator and skilled
leader,” NRA CEO Wayne LaPi-
erre said.
Momentum for gun con-
trol has been building since the
mass shooting in Las Vegas last
fall that killed 58 people and the
Feb. 14 rampage at a Parkland,
Florida, high school that left 17
dead.
By Lisa Marie Pane
Associated Press
ATLANTA -
Retired Lt.
Col. Oliver North, the Marine
at the center of the Iran-Con-
tra affair three decades ago, was
named president Monday of
the National Rifle Association,
giving it star power as it faces a
powerful backlash over the mas-
sacres in Florida and Las Vegas.
North’s appointment was
ripped by gun-control advocates
who called the move symptom-
atic of an NRA tone-deaf given
his role in the arms-trafficking
scandal that engulfed the White
House in the Reagan adminis-
tration. Conservatives and gun-
rights supporters hailed him
as a patriot who will vigorously
battle efforts to restrict access to
firearms.
North, 74, will be the big-
“The election of Oliver North
is the clearest sign yet that the
NRA is floundering in the face
of plummeting popularity, scru-
tiny into its Russia ties, and state
In a statement, North said he
was honored to be selected and
“eager to hit the ground run-
ning.”
— The Associated Press
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McCrory, Sean. Denton Record-Chronicle (Denton, Tex.), Vol. 114, No. 279, Ed. 1 Tuesday, May 8, 2018, newspaper, May 8, 2018; Denton, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1138540/m1/5/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; .