Putin says 'foolish' sanctions will not hold back Russia

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By Darya Korsunskaya MOSCOW (Reuters) - President Vladimir Putin dismissed Western sanctions as "utter foolishness" on Thursday and said they would not stop Russia developing into a stronger economic power. Attempting to take the higher ground in a speech to foreign and Russian investors, Putin said he was relaxed about the measures imposed on his country over Ukraine even though they had broken the fundamental principles of the global economy. ...