Originally posted by the Voice of America. Voice of America content is produced by the Voice of America, a United States federal government-sponsored entity, and is in the public domain. Obama: Putin Has Not Outmaneuvered West by VOA News U.S. President Barack Obama says Russia's economic troubles show Russian President Vladimir Putin has not managed to outmaneuver him or the United States. In an interview televised Sunday in the United States, Obama rejected the notion Putin was a "chessmaster" who outmaneuvered the United States and its Western allies in the struggle over territory in Ukraine. Obama said Putin was currently facing "the collapse of his currency, a major financial crisis, and a huge economic contraction." Russia's money woes follow a series of U.S. and EU trade sanctions imposed for Moscow's annexation of parts of eastern Ukraine earlier this year. Putin has remained defiant, despite a looming recession triggered by falling oil prices and a 40 percent drop in the value of the ruble currency. On Saturday, as his economic crisis deepened, Putin urged Russians to prepare "to undergo certain difficulties" in the days and months ahead. He said his country would not back down from "supporting compatriots" in Ukraine's Crimea peninsula. His Foreign Ministry has promised to retaliate against the Western sanctions. The Kyiv government, the European Union and the United States accuse Moscow of stoking violence in Ukraine and arming pro-Russian separatists seeking autonomy near the Russian border. Moscow denies arming rebels and insists it annexed Crimea in March only after a referendum showed most Crimeans wanting to become a part of Russia. Kyiv and the West have condemned the plebiscite as illegitimate and a violation of international law. Some material for this report came from AFP and Reuters. __________________________________________________________________ [1]http://www.voanews.com/content/obama-putin-has-not-outmaneuvered-the -west/2568108.html References 1. http://www.voanews.com/content/obama-putin-has-not-outmaneuvered-the-west/2568108.html