Putin's crucial decision. The future of Russia hangs in the balance

Russian President, Vladimir Putin, has reportedly made the decision to run for another term in the presidential elections slated for March 2024. Reuters agency relayed this information on Monday, attributing it to anonymous sources. If Putin secures a win in these elections, he's set to continue ruling Russia until at least 2030.

At the age of 71, Vladimir Putin holds the record for the longest-serving Russian leader since Joseph Stalin.

The anonymous sources conveyed to Reuters the news of Putin's intention to participate in the elections. According to them, Putin has made his decision, and his advisors are now in the midst of putting together an election campaign.

The sources believe that Putin's intention to run will be formally announced shortly. However, they stress that the upcoming elections are more of a mere formality.

Though there's no official confirmation yet regarding Putin's future plans, a significant number of sources related to diplomacy, intelligence, and Russian authorities are confident that Putin will retain power until his demise.

The Kremlin's spokesman, Dmitry Peskov, declined to comment on the elections when approached by Reuters. Later, when probed about the information published by the agency, he stated that the president had not made any declarations regarding the matter and that an official election campaign isn't underway as yet.