Putin Looks East for Growth as Debt-Ridden Europe Loses Sheen

Keep on keeping on Mr P. At least Russia has an actual legitimate direction in which to go into, rather than the business of creating "bogus" wars, to use as a floaty, to keep from drowning, in the deep waters, of debt.
The United States, is now in the middle of the ocean, and there's a ever growing larger pinhole, in it's floaty.

Russia, faced with a debt crisis in its top trading partner, is pivoting east for the trade and investment President Vladimir Putin needs to meet the economic targets he set for his third term.

The world’s largest energy exporter plans to construct an oil refinery on the Pacific coast and may send grain eastward as Toyota Motor Corp. (7203) and Mazda Motor Corp. (7261) consider building Russian plants. The government has spent more than $20 billion to showcase Vladivostok, 4,000 miles east of Moscow, as leaders gather for this week’s Asia-Pacific Economic Cooperation summit.

Russia is looking to Asia as the European Union, which accounts for about half of its trade, grapples with a three- year-old debt crisis. Putin, who’s targeting faster growth and a greater role for investment, says the 21 APEC economies represent the best bet to fuel global expansion as traditional engines such as the U.S. and Europe flag.

“Russia has long been an intrinsic part of the