Vladimir Putin could stay in power until 2036.
President Putin was first elected president in 2000 and served two consecutive four-year terms. His ally Dmitry Medvedev took his place in 2008.
While in office, Medvedev signed off on legislation extending terms to six years starting with the next president.
Putin then returned to the Kremlin in 2012, winning re-election in 2018.
President Vladimir Putin on Thursday urged Russians to vote in parliamentary polls this week
For centuries, the bear has been Russia’s totem animal. It is also a mascot of United Russia, the governing party in the State Duma, the 450-seat lower house of parliament, that obediently and unanimously stands behind everything President Vladimir Putin says and does.
United Russia currently has a supermajority with 336 seats, which means a very prompt adoption and approval of any bill, budget and political step Putin wants.
According to public opinion surveys conducted by NGO Levada Center, Putin's approval rating was 60% in July 2020, and the highest of any leader in the world, Putin's popularity rose from 31% in August 1999 to 80% in November 1999, never dropping below 65% during his first presidency.
His popularity dropped among young people, but it practically hasn’t changed with the older generations. Vladimir Putin is a global icon for people who crave a strong leader.
Putin’s willingness to stay for many years has changed the landscape of Russian politics.
Despite some ups and downs in the Russian economy, President Putin enjoys widespread popularity.
His success lies in part in his ability to defy world leaders and tap into a deep sense of togetherness.
Russia's vast geography is an important determinant of its economic activity, with some sources estimating that the nation contains over 30% of the world's natural resources.
Russia has been widely described as an energy superpower; as it has the world's largest natural gas reserves, the second-largest coal reserves, the eighth-largest oil reserves, and the largest oil shale reserves in Europe.
Russia already supplies about 40% of the EU's gas. The new pipeline will increase the amount of gas going under the Baltic to 55 billion cubic metres per year.
Vladimir Putin is also a big fan of artificial intelligence. The Russian president warned that artificial intelligence offers ‘colossal opportunities’ as well as dangers.
According to Putin, artificial intelligence is the future, not only for Russia, but for all humankind. The development of artificial intelligence will be useful in warfare.
If Russia becomes the number one leader in artificial intelligence, it will share its know-how with the entire world, the same way it shares its nuclear technologies today.
Vladimir Putin will remain in power for many years if Russia continues its significant improvements in living standards, and maintains its dominance in the geo-political sphere.