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Hello, thanks very much for joining us. A new berlin wall. Thats how president putin described natos recent actions against russia during his annual tv address to the nation, which has now been going on for two hours. Mr. Putin said the currency crisis was not a result of russias annexation of crimea earlier in the year. He also insisted the ruble will stabilize. He did concede, nonetheless that the government and central bank could have acted more swiftly. Were just on some live pictures from that News Conference, which is continuing, as mr. Putin replies to a question from our own Foreign Affairs editor john simpson, whos just been given an opportunity to speak to the president. 1,200 journalists there with a chance to throw questions. Theres john simpson. Throw questions to mr. Putin, as he has spelled out that the country still runs a surplus and that pensions and Public Sector pay will be protected during what he recognized to be an economic crisis, which he blamed to around about

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