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Europe Last chance? Putin vows – again – to bring economic reform to Russia.

In his state of the union speech Thursday, Putin said he would wean Russia from its oil dependency, revive its flagging economic dynamism, and restore its global reputation. But his window may be closing.

Pavel Golovkin/AP

With his popularity ratings hovering above 80 percent, and recent parliamentary elections delivering a huge pro-Kremlin majority, Vladimir Putin looks to be at the height of his powers.

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