HE IS ridiculed for his mendacity and ostracised by his peers. He presides over a free-falling currency and a rapidly shrinking economy. International sanctions stop his kleptocratic friends from holidaying in their ill-gotten Mediterranean villas. Judged against the objectives Vladimir Putin purported to set on inheriting Russia’s presidency 15 years ago—prosperity, the rule of law, westward integration—regarding him as a success might seem bleakly comical.
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