Russian President Putin's Reign Set to Endure as He Confirms Plans to Run For Another Term in 2024
Russian President Vladimir Putin has confirmed he will run for re-election in 2024, according to state media reports. Putin has been the dominant leader in Russian politics since 1999, serving as president or prime minister. Securing another term in 2024 would keep him in power until at least 2030. Constitutional changes approved in 2008 and 2020 allow Putin to run for two additional 6-year terms as president after 2024. Running again in 2024 would allow Putin, who is now 71, to potentially remain in power until 2036. Key challenges include Russia's economic difficulties due to sanctions, as well as Putin's limited ability to travel internationally due to an arrest warrant from the ICC over the Ukraine war.
Transcript
00:00 It's Benzinga and here's what's on the block.
00:02 Russian President Vladimir Putin has confirmed he will run for re-election in 2024, according
00:07 to state media reports.
00:09 Putin has been the dominant leader in Russian politics since 1999, serving as president
00:14 or prime minister.
00:15 Securing another term in 2024 would keep him in power until at least 2030.
00:21 Constitutional changes approved in 2008 and 2020 allowed Putin to run for two additional
00:27 six-year terms as president after 2024.
00:30 Running again in 2024 would allow Putin, who is now 71, to potentially remain in power
00:36 until 2036.
00:38 Key challenges include Russia's economic difficulties due to sanctions, as well as Putin's limited
00:43 ability to travel internationally due to an arrest warrant from the ICC over the Ukraine
00:48 war.
00:49 For all things money, visit Benzinga.com.
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