(Bloomberg) -- Russia set March 17, 2024, as the date of the next presidential election, paving the way for a campaign in which Vladimir Putin is widely expected to seek a fifth term.
The upper house of parliament unanimously confirmed the election date in a vote Thursday, with Russia embroiled in its war in Ukraine and its economy under unprecedented international sanctions over the February 2022 invasion Putin ordered. After changing the constitution to allow himself two more terms, he may also seek another six years as president in 2030.
Ruble Bends to Putin’s Will in Nod to Wartime Election Economics
“Today’s decision essentially kicks off the election campaign,” Speaker Valentina Matviyenko said at the Federation Council meeting. “Biased foreign organizations will certainly try to discredit our elections.”
©2023 Bloomberg L.P.
BNN Bloomberg Picks
Group RRSP use rising as retirement savings burden 'largely on employees': experts
Canada tax changes to be aware of in 2024
45 cents short, $96 in fees: Court approves TD insufficient fund fees settlement
Makers of COVID-19 protective equipment seek over $5 billion in damages from Ottawa
Immigration surge fuels male population boom in Canada
Bank of Canada to halt its QT program within months, RBC says