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Putin Launches Overhaul That May Extend His 20-Year Russian Rule

  • Medvedev moves to new post on Russian security council
  • Putin nominates tax chief Mishustin as new prime minister
Bloomberg business news
Putin outlines proposed changes to Russia’s constitution during his annual state-of-the-nation speech in Moscow.Source: Bloomberg
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President Vladimir Putin replaced his long-serving prime minister and called for sweeping constitutional changes, fueling speculation that the Russian leader is moving to extend his grip on power beyond the end of his term in 2024.