Major global transformation and Western trade losses: Putin’s SPIEF address
Business
According to the Russian president, sanctions and the West’s theft of Russia’s international reserves "have irreversibly affected the positions of global currencies — the dollar and the euro" ST. PETERSBURG, June 5. /TASS/. The race for sovereignty has not only unfolded but is gaining momentum, Russian President Vladimir Putin said at the plenary session of the St. Petersburg International Economic Forum (SPIEF-2026). He stressed that Russia’s sovereign debt level stands at 16.4% of GDP, which
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