Vladimir Putin is beginning his fifth term as Russian president after destroying his political opposition, launching a devastating war in Ukraine and consolidating power
Vladimir Putin begins his fifth term as Russian president in an opulent Kremlin inauguration Tuesday, after destroying his political opponents, launching a devastating war in Ukraine and consolidating 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 is constitutionally eligible to run for another six years.
” 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. At the start of a new term, the Russian government is routinely dissolved so that Putin can name a new prime minister and Cabinet. One key area to watch is the Defense Ministry.
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