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Transcripts for CNN Fareed Zakaria GPS 20140330 14:20:00

iran-style oil and gas embargo. if that happens, and if china joins, then indeed you re right, russian budget will be in very poor shape. but even without that i should say that if you go back one year the forecast, not only by russian economies but also by imf, would be that russian economy would grow at 3 1/2% or 4% a year. now indeed the forecast is zero or negative rates. and very briefly, do you believe that at the end of the day putin would be moved by this kind of economic data, the general economic data? or is his decision-making really power politics and economics doesn t come into it? i think he kind of signaled that he doesn t care about the cost. and i think as you re guests earlier on the program said it is extremely unlikely that he moves back on crimea. i think for him crimea is a done deal, as you said, fait

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