Russian President Vladimir Putin warned that any state in the world could suddenly find itself without access to its legitimate assets in dollars and euros, just like the Russian Federation has, speaking at the plenary session of the St. Petersburg International Economic Forum (SPIEF) on Friday.
"Sanctions and the blocking, essentially the theft, of Russia's international reserves have irreversibly affected the positions of the world's currencies, the dollar and the euro. <...> Now all countries, I want to emphasise this, all without exception, like Russia, can at any moment lose access to their legitimate assets placed in dollars or euros, as well as to the Western financial payment infrastructure," Putin noted..
The 29th St Petersburg International Economic Forum (SPIEF) takes place on June 3-6. More than 20,000 people are set to attend, with politicians from around 76 countries making the journey. Since its establishment in 1997, the forum has served as a platform for international dialogue on global economic issues. Vladimir Putin has taken part in the event regularly since 2005.
It's theft!... all countries, without exception, can at ANY moment lose access to legitimate assets in dollars and euros - Putin
Russian President Vladimir Putin warned that any state in the world could suddenly find itself without access to its legitimate assets in dollars and euros, just like the Russian Federation has, speaking at the plenary session of the St. Petersburg International Economic Forum (SPIEF) on Friday.
"Sanctions and the blocking, essentially the theft, of Russia's international reserves have irreversibly affected the positions of the world's currencies, the dollar and the euro. <...> Now all countries, I want to emphasise this, all without exception, like Russia, can at any moment lose access to their legitimate assets placed in dollars or euros, as well as to the Western financial payment infrastructure," Putin noted..
The 29th St Petersburg International Economic Forum (SPIEF) takes place on June 3-6. More than 20,000 people are set to attend, with politicians from around 76 countries making the journey. Since its establishment in 1997, the forum has served as a platform for international dialogue on global economic issues. Vladimir Putin has taken part in the event regularly since 2005.
Russian President Vladimir Putin warned that any state in the world could suddenly find itself without access to its legitimate assets in dollars and euros, just like the Russian Federation has, speaking at the plenary session of the St. Petersburg International Economic Forum (SPIEF) on Friday.
"Sanctions and the blocking, essentially the theft, of Russia's international reserves have irreversibly affected the positions of the world's currencies, the dollar and the euro. <...> Now all countries, I want to emphasise this, all without exception, like Russia, can at any moment lose access to their legitimate assets placed in dollars or euros, as well as to the Western financial payment infrastructure," Putin noted..
The 29th St Petersburg International Economic Forum (SPIEF) takes place on June 3-6. More than 20,000 people are set to attend, with politicians from around 76 countries making the journey. Since its establishment in 1997, the forum has served as a platform for international dialogue on global economic issues. Vladimir Putin has taken part in the event regularly since 2005.