Russian President Vladimir Putin takes the oath during his inauguration ceremony at the Kremlin on Monday. Putin's official salary as president is 18.7 million rubles, which works out to around $380,000 Canadian a year. Others say the Russian president may only have $70 billion, which would place him at No. The Russian president promised to pursue an economic agenda that would boost living standards across the country. Argentina already had the highest interest rate in the world — 27 per cent at the end of April — but that wasn't enough to sustain investor confidence.

Source: CBC News May 07, 2018 17:48 UTC