President of Russia Vladimir Putin: Friends, Mr Min Aung Hlaing, Mr Pashinyan, Mr Oyun-Erdene, Mr Li Zhanshu, ladies and gentlemen,
I am delighted to greet all participants and guests of the Eastern Economic Forum. Russia and Vladivostok are again hosting a forum of business leaders, experts, politicians, public figures and members of government from dozens of countries across the world.
As per tradition, the programme of the Eastern Economic Forum includes discussions on the projects and initiatives that are extremely important for the development of the regions in Russia’s Far East and for strengthening Russia’s cooperation and production ties with Asia Pacific countries, both our old, traditional partners and countries that are only developing dialogue with Russia in a broad range of areas and business projects.
Of course, this meeting in Vladivostok is a good opportunity to once again review the situation in the global economy and to exchange views on its main trends and risks.
Last year, the Eastern Economic Forum was held after a long pause caused by the coronavirus pandemic. At that time, the majority of experts agreed that global business activity was beginning to recover and that it would normalise soon after the lifting of the coronavirus restrictions, However, the pandemic has given way to new challenges, global ones that are threatening the world as a whole. I am referring to the Western sanctions frenzy and the open and aggressive attempts to force the Western mode of behaviour on other countries, to extinguish their sovereignty and to bend them to its will. In fact, there is nothing unusual in that: this policy has been pursued by the “collective West” for decades.
The waning dominance of the United States in the global economy and politics, as well as the stubborn unwillingness or even inability of the Western elites to see, let alone recognise objective facts, acted as a catalyst for these processes.
I have already mentioned that the entire system of international relations has recently undergone irreversible, or should I say, tectonic, shifts. Emerging states and regions around the world, primarily, of course, in the Asia-Pacific region, now play a substantially bigger role. Asia-Pacific countries emerged as new centres of economic and technological growth, attracting human resources, capital and manufacturing.
Despite all that, the Western countries are seeking to preserve yesterday’s world order that benefits them and force everyone to live according to the infamous “rules”, which they concocted themselves. They are also the ones who regularly violate these rules, changing them to suit their agenda depending on how things are going at any given moment. At the same time, other countries have not been forthcoming when it comes to subjecting themselves to this dictate and arbitrary rule, forcing the Western elites, to put it bluntly, to lose grip and take short-sighted, irrational decisions on global security, politics, as well as economics. All these decisions run counter to the interests of countries and their people, including, by the way, the people in those Western countries. The gap separating the Western elites from their own citizens is widening.
Europe is about to throw its achievements in building up its manufacturing capability, the quality of life of its people and socioeconomic stability into the sanctions furnace, depleting its potential, as directed by Washington for the sake of the infamous Euro-Atlantic unity. In fact, this amounts to sacrifices in the name of preserving the dominance of the United States in global affairs.
Back in spring, many foreign corporations rushed to announce their withdrawal from Russia, believing that our country will suffer more than others. Today, we see one manufacturing site after another shutting down in Europe itself. One of the key reasons, of course, lies in the severed business ties with Russia.
The competitive ability of European companies is in decline, for the EU officials themselves are essentially cutting them off from affordable commodities and energy, as well as trade markets. It will come as no surprise if eventually the niches currently occupied by European businesses, both on the continent and on the global market in general, will be taken over by their American patrons who know no boundaries or hesitation when it comes to pursuing their interests and achieving their goals.
More than that, in an attempt to obstruct the course of history, Western countries have undermined the pillars of the global economic system, built over centuries. It is in front of our eyes that the dollar, euro and pound sterling have lost trust as currencies suitable for performing transactions, storing reserves and denominating assets. We are taking steps to shed this dependence on unreliable and compromised foreign currencies. By the way, even allies of the United States are gradually reducing their dollar assets, as we can see from statistics. Step by step, the volume of transactions and savings in dollars is diminishing.
I want to note here that yesterday, Gazprom and its Chinese partners decided to switch to 50/50 transactions in rubles and yuan with respect to gas payments.
I want to add that with their short-sighted actions, Western officials have triggered a global inflation. In many developed economies, the inflation rate has reached a record-high level that had not been seen in many years.
Everybody is aware of this but I will reiterate: as of late July, inflation in the United States reached 8.5 percent. Russia has just over 14 percent (I will speak about this further) but it is declining, unlike in Western economies. The inflation there is on the rise, and in our country it is declining. I believe that as of the end of the year, we will have around 12 percent and, as many of our experts think, in the first quarter or by the second quarter of 2023, we will most likely reach the target inflation rate. Some say it will be 5–6 percent. Others say it will go down to 4 percent. We will see. In any case, the trend is positive. Meanwhile, what is happening with our neighbours? The inflation in Germany has reached 7.9 percent, in Belgium 9.9 percent, in the Netherlands 12 percent, Latvia 20.8 percent, Lithuania 21.1 percent and Estonia 25.2 percent. And it is still on the rise.
Rising prices in the global markets can be a real tragedy for most of the poorest countries, which are facing shortages of food, energy, and other vital goods. I will cite a few figures that underline the danger: while in 2019, according to the UN, 135 million people in the world were facing acute food insecurity, their number has soared by 2.5 times to 345 million by now – this is just horrible. Moreover, the poorest states have completely lost access to the most essential foods as developed countries are buying up the entire supply, causing a sharp increase in prices.
Let me give you an example. Most of the ships – you all know very well how high passions have been running, how much has been said about the need to facilitate the export of Ukrainian grain at all costs, to support the poorest countries. And we certainly had no other choice but to respond, despite all the complicated developments taking place around Ukraine. We did everything to ensure that Ukrainian grain was exported, and we certainly assumed – I met with the leaders of the African Union, with the leaders of African states and I promised them that we would make every effort to uphold their interests and would facilitate the export of Ukrainian grain.
Russia did it together with Turkiye. We did it. And I would like to report the result to you, colleagues: if we exclude Turkiye as an intermediary, all the grain exported from Ukraine, almost in its entirety, went to the European Union, not to the developing and poorest countries. Only two ships delivered grain under the UN World Food Programme – the very programme that is supposed to help countries that need help the most – only two ships out of 87 – I emphasise – transported 60,000 tonnes out of 2 million tonnes of food. That’s just 3 percent, and it went to the developing countries.
What I am saying is, many European countries today continue to act as colonisers, exactly as they have been doing in previous decades and centuries. Developing countries have simply been cheated yet again and continue to be cheated.
It is obvious that with this approach, the scale of food problems in the world will only increase. Unfortunately, to our great regret, this could lead to an unprecedented humanitarian disaster, and perhaps, exporters need to think about limiting their exports of grain and other food to this destination. I will certainly consult with President of Turkiye, Mr Erdogan, because together with him we were the ones who developed a mechanism for the export of Ukrainian grain, primarily, I repeat, to help the poorest countries. But what happened in practice?
I would like to stress once again that this situation has been caused by the reckless steps taken by the United States, the UK and the European Union, which are obsessed with illusory political ideas. As for the wellbeing of their own citizens, let alone people outside the so-called golden billion, they have been pushing it to the backburner. This will inevitably lead Western countries into a deadlock, an economic and social crisis, and will have unpredictable consequences for the whole world.
Russia is coping well with the economic, financial and technological aggression of the West. I am talking about a real aggression; there is no other word for it. Russia’s currency and financial market has stabilised, inflation is going down, as I have already mentioned, and the unemployment rate is at an all-time historical low of less than 4 percent. The assessments and forecasts of our economic performance, including by businesspeople, are more optimistic now than in early spring.
I would like to say that our economic situation has stabilised overall, but we also see a number of problems in some sectors, regions and individual enterprises, especially those that relied on supplies from Europe or supplied their products there.
It is important to continue working with businesses to take prompt decisions and launch effective targeted support mechanisms. I would like to ask the Government Commission to Increase the Sustainability of the Russian Economy under the Sanctions to keep track of the situation. It is true that we are doing this almost on a daily basis. Nevertheless, despite the evidence of stabilisation I have mentioned, we are also aware of the risks and so we must keep an eye on them.
Russia is a sovereign state. We will always protect our national interests while pursuing an independent policy, and we also appreciate this quality among our partners, who have demonstrated their reliability and responsible attitude in the course of our trade, investment and other types of cooperation over many years. I am referring, as you are aware, to our colleagues from the Asia Pacific countries.
An absolute majority of Asia Pacific countries reject the destructive logic of sanctions. Their business relations are focused on mutual advantage, cooperation and the joint use of our economic capabilities to the benefit of our countries’ citizens. This adds up to a huge competitive advantage of the regional countries and a guarantee of their dynamic long-term development, which has been growing faster than the world’s average for a long time.
You are aware of this, but I would like to remind everyone that over the past 10 years Asian countries’ GDP has been increasing by approximately 5 percent every year, while the figure is 3 percent in the world, 2 percent in the US and 1.2 percent in the EU. But it is even more important that this trend persists. What will this ultimately lead to? As a result, the share of Asian economies in global GDP will grow from 37.1 percent in 2015 to 45 percent in 2027, and I am sure that this trend will persist.
It is important for Russia that the economy of the Russian Far East grows together with Asia Pacific economies, that this region provide modern living conditions, boost people’s incomes and well-being, and that it create high-quality jobs and cost-effective production facilities.
We have already tested unique national tax, administrative and customs privileges in the Far East. They help implement landmark projects, even by global standards, in such fields as natural gas conversion and the shipbuilding sector, bioengineering technologies and clean energy.
In the past seven years, industrial production volumes in the Far East have increased by about 25 percent. This exceeds nationwide levels by one third. I want to stress this: growth rates of industrial production in the Far East greatly exceed similar nationwide growth rates.
We will continue to promote the priority development of the Far Eastern regions by using new advanced state support measures and by creating the best and highly competitive business environment. For example, we intend to continue adjusting the mechanism of priority development areas for modern and joint projects with other countries, to create the best possible business climate for attracting the most advanced technologies to Russia and for manufacturing high value-added goods in the Far East.
Events of this year confirm the special significance of such a factor as accessible and affordable raw materials without which it is impossible to organise any production process or to set up co-production chains. Russia is just about the only country that is completely self-sufficient in terms of natural resources, and the Far East plays a substantial role here. This region is a highly important supplier of crude oil and natural gas, coal, metals, timber and marine biological resources to the domestic market and our foreign partners.
We are staking on the prudent and rational development of Russia’s natural riches under the most stringent environmental standards. First of all, we will refine all extracted raw materials domestically as much as possible. We will also use these raw materials to strengthen the sovereignty of this country, to ensure industrial security, to raise incomes and to develop the regions.
We have already protected the resource extraction industry from unfriendly actions. From now on, only companies with Russian jurisdiction have the right to develop natural resources in Russia.
The Ministry of Natural Resources and Environment together with the Ministry of Industry and Trade and leading business associations has determined the national economy’s demand for strategic raw materials. This information will become the foundation of the revised Strategy for the Development of Russia’s Mineral Resources Base with an extended planning horizon up to 2050.
At the same time, special focus should be placed on geological exploration and processing of rare raw materials (such as titanium, manganese, lithium, and niobium), which are used in metallurgy, medical and chemical industries, microelectronics, aircraft manufacturing and other industries, as well as in new energy storage and transmission technologies.
I would like to separately ask the Government to have a look at the bioresources harvesting sphere, where we have a mechanism of investment quotas. Here, it is important to achieve balanced growth and full utilisation of production capacities, as well as to ensure the harmonious development of the regions’ infrastructure.
I would like to stress that the funds the state receives from the utilisation of water bioresources must above all be allocated for developing the infrastructure of rural areas, employment support, and increasing incomes of local residents. I ask the Government to take specific measures on this. We have discussed this many times.
Next, over the past years Russia has implemented big plans for the development of transport infrastructure, railways and roads, seaports and pipelines. These timely decisions have made it possible for businesses to quickly rebuild logistics in today’s conditions, and redirect cargo flows to those countries that are ready and willing to trade with Russia and prefer civilised and predictable business relations.
It is noteworthy that despite the attempts of external pressure, the total cargo of Russian seaports has only slightly decreased over the seven months of this year; it has remained at the same level as a year earlier, which is about 482 million tonnes of cargo. Last year there were 483 million, so the figure is practically the same.
At the same time, Far Eastern ports are seeing a real logistics boom. The volume of cargo transhipment and container handling is such that specialists are working 24/7 to handle the workload. In a word, no matter how much someone might like to isolate Russia, it is impossible to do it, as we have always said so. It is enough just to look at the map.
We will use natural competitive advantages to build up our further transport capabilities, expand the road and railway network, build new access roads to sea terminals and expand their capacity.
I mentioned earlier that our focus is on building the eastward infrastructure and developing the North-South international corridor and ports of the Azov-Black Sea basin which we will keep working on. They will open up more opportunities for Russian companies to enter the markets of Iran, India, the Middle East and Africa and, of course, for reciprocal deliveries from these countries.
The total volume of freight and cargo transportation along these routes and arteries will be able to grow by about 60 percent by 2030. We are absolutely realistic about our predictions, and this is how it will be. To achieve these numbers, the Government has drafted specific “roadmaps” in the three areas I outlined earlier, which will enable us to make this work consistent, consolidate and coordinate our efforts in terms of deadlines and capacity to break up the bottlenecks and upgrade border checkpoints and related infrastructure.
In addition to our plans to expand transport corridors, it is important to put in place new rolling stock and railway traction vehicles, to provide Russian shipyards with orders for modern high-quality tankers, dry cargo ships and container vessels, including ice-class ships, for the further expansion of the Northern Sea Route as a potent transport corridor of national and global importance with, I want to stress this, year-round navigation. The state-of-the-art icebreakers that we are designing and building make it possible for us to do this already now.
This year, a container vessel made its first run between Murmansk and Kamchatka along the Northern Sea Route to reaffirm the reliability and safety of shipping operations in the Arctic zone.
Notably, the point is not just about authorising the passage of ships in the Arctic or simply connecting two destinations. What we need to do is make sure that ships are properly serviced and cargo is properly handled at each port along the route, and the traffic schedule is sustainable, predictable and reliable. Then, every Northern Sea Route waypoint and region will benefit from the logistics corridor. That is what we should be striving for.
The Government has approved a development plan for the Northern Sea Route until 2035 with plans to allocate 1.8 trillion rubles from various sources to implement it. As forecasted, the cargo traffic along this corridor will go from the current 35 million tonnes per year to the targeted 220 million tonnes per year.
The availability of freight vehicles is certainly a key factor in the transportation of goods to and from the Russian Far East. This means we need to offer economically justified and competitive freight rates. I am asking the Government to study all these issues carefully.
Aviation is a special issue for the Far East. Here, the availability of flights from the European part of Russia to the Far East is not the only issue, but connectivity between the Far Eastern regions themselves also matters – air services should cover as many destinations, cities and regions of the Far East as possible.
That is why we have established a single Far Eastern airline. It offers almost 390 destinations, some of them subsidised by the state. In the next three years, this airline’s traffic should increase, and the number of destinations will exceed 530. And as we could see after those flights were opened, these destinations are in great demand.
To implement these plans, we need to expand the company’s fleet, to make sure it has modern aircraft, including small aircraft. A decision has been made in this regard, and I ask the Government to strictly implement it.
I would like to note that in general, Russian air carriers will soon be thoroughly re-equipped. Our airlines, including Aeroflot, have placed the largest order package in modern history, for about 500 Russian-made mainline aircraft. By the way, as far as I know, the United Aircraft Corporation and Aeroflot have signed a respective agreement on the sidelines of this Eastern Economic Forum, and the figures in there are quite impressive – over a trillion, I think.
This high demand should become a powerful incentive for aircraft factories and design bureaux, for many related industries, including electronics and aircraft components, and, of course, for the schools training professional personnel including engineers and skilled blue-collar workers in the aviation industry.
I would like to add that a decision has been made on another sensitive issue for the Far East. I am referring to the development of air medical services and increasing the availability of medical care for people living in remote areas. Starting next year, we will more than double federal funding for these purposes, which means that the number of flights will also increase, and there will be faster and better provision of healthcare in the region.
All our decisions involving the economy and social sphere, all the mechanisms that we are implementing in the Far East have the same important purpose – to make this region a truly attractive place for living, studying, working, for starting families, to ensure that more children are born.
Several important initiatives in this regard have been included in the package of measures that the Government is now considering. One of them is to create an up-to-date environment for living, to improve the local cities and towns.
Let me remind you that at the last forum, we set a task to develop master plans for the development of the largest Far Eastern cities. These include all administrative centres of the regions, and cities with a population of over 50,000 people, as well as Tynda and Severobaikalsk, the key stations on the Baikal-Amur Mainline railway.
We had in mind an integrated approach to the development of communities, where plans for the modernisation of infrastructure, social facilities, and creation of public spaces and so on would be combined competently and conveniently, and economic and industrial projects would rely on thoroughly calculated business models.
In all cities, the initial task was to make strategic development plans. Master plans are already being actively developed on the basis of those strategic plans in 17 cities and metropolitan areas. One of them has to do with the development of the Petropavlovsk-Kamchatsky urban area, and the day before yesterday, we discussed this issue with our colleagues on the spot. Once again, I ask the Government to provide maximum assistance in implementing this and other master plans in order to have them unconditionally implemented.
Here, among other things, it is important to use tools such as the Far Eastern concession, the government’s infrastructure loans and infrastructure bonds. It is necessary to determine target limits for the Far East in these programmes. The funds should be used for urban development and improvement, and of course, for infrastructure, including the upgrade of existing networks and connections to utilities.
I would like to add that at the recent St Petersburg Economic Forum, I instructed the Government to allocate an additional 10 billion rubles annually for improvement projects in Russian cities. I think it would be right to channel half of this financing, that is, 5 billion a year, towards upgrading Far Eastern cities and towns with populations below 250,000.
Separate resources should also be allocated under all our main infrastructure development programmes for projects to modernise Far Eastern cities. I have already given such an instruction, and I ask you to ensure its implementation as quickly as possible. Target limits should be stipulated in the federal budget for the next three years.
Something else I would like to stress – we need to increase the volume of housing construction in the Far East, while also widely applying the most advanced ‘green’ and energy-efficient construction technologies.
This year, the Far Eastern Quarters programme was launched. Under this programme, developers will be able to take advantage of priority development areas, including tax and infrastructure benefits, which will reduce the cost of flats and the price of finished housing. This will increase the availability of housing for people. The plan is to build about 2.5 million square metres of housing by 2030 using this cost-reduction mechanism. I ask the regional authorities and the Ministry for the Development of the Russian Far East to hold the first tenders by the end of the year, to select developers and start designing and developing the residential buildings.
Next, the Far Eastern residents are entitled to special, preferential mortgage terms. As many as 48,000 families have already purchased new housing using mortgages with a rate of 2 percent. This year, we have expanded the Far Eastern mortgage programme so that doctors and teachers, regardless of their age, can apply for it along with young Far Easterners.
Let me remind you that the programme is planned until 2024. But given the demand and efficacy – and this programme is working effectively – I propose extending it until at least 2030. I hope that the Far Eastern residents will also appreciate this.
A separate decision concerns the support of young professionals who come to the Far East or graduate from local educational institutions, get a job and consider local accommodation. As many as 10,000 rental apartments will be built for them. The rental rate will be significantly below the market level due to subsidies from the regional and federal budgets. The Government has already envisaged such a measure. I ask you to work out all the details in order to start building rental housing for young professionals without delay. And I would like to specifically point out that the location of this housing should be included in the development master plans for Far Eastern cities, which means all the necessary infrastructure should be available – in short, such accommodation should be convenient and enjoy demand.
I would like to note that the Far Eastern regions, like many other regions of the Russian Federation, are experiencing a shortage of workers today. We will also take several important steps to intensify personnel training in key competencies. Over 900 modern workshops will be opened in Far Eastern colleges by 2030, and in the near future, until the end of 2025, we will launch 29 production and educational clusters. In addition, businesses will receive compensation for employing young workers.
Another important area is improving the quality of higher education in the Russian Far East. The goal is to attract qualified instructors, upgrade facilities and equipment in higher education institutions, and provide grants to stimulate academic research and prospective developments in the crucial areas of the technological agenda.
There are network programmes for Far Eastern universities that connect education institutions in the region with the country’s leading universities such as St Petersburg State Marine Technical University, Moscow Aviation Institute and others. We will undoubtedly support this area of cooperation.
Finally, branches of the Russian Institute of Theatre Arts (GITIS), the National State Gerasimov Institute of Cinematography (VGIK) and the Boris Shchukin Theatre Institute will open in 2025 in the Russian Far East to train cultural and art workers. I would like to ask the Government to provide all necessary assistance.
I would like to note that the Far Eastern regions offer their own professional development initiatives. For example, the Agency for Strategic Initiatives in the Sakhalin Region supports a pilot project called Earning Money Together. Participants in the project will be able to undergo free additional training, receive career guidance and get help with starting a business. Based on the outcome of these pilot projects we will think about scaling up.
I also want to mention a training programme for a new generation of managers in the Far East. The programme focuses on cultivating a local pool of talent, and on integrating study programmes and internships in public offices and development institutions. This programme is already running and I suggest that the heads of all regions in the Far Eastern Federal District get involved.
Colleagues, I want to conclude my remarks by stressing once again that the modern global economy and the entire system of international relations is going through challenges. However, I believe that the logic of cooperation, aligning the potentials and mutual benefits that our countries and our friends in the region adhere to, will prevail no matter what. By reasonably taking advantage of the competitive sides and strengths of the Asia-Pacific countries, by creating constructive partnerships we will open new colossal opportunities for our peoples. We are ready to work together for the sake of a successful future. And we are grateful to our partners for participating in this work.
Finally some wise signals out of Russia.
This Ukraine war will be won or lost economically, the history of the U.S is a history of not ingenuity -most breakthroughs came from others…the U.S just threw lots of dollars to win the races- but economic and industrial power.
You have to make the U.S hurt on main street to provoke them into a reaction, taking the war to the front door of the U.S is the only way to topple their Nazis regime, as long as the war is fought “over there” the U.S can just keep signing worthless checks…whose going to make them honour the debt if they are top dog!
Russia has been sending wise signals for YEARS already.
Maybe you missed them?
It’s funny, he talked about the development of his country and he didn’t say anything about Russian millionaires, banks or investors.
@Liborio Because its state-directed economic development.
Every country is entitled to the freedom to choose its own economic development model.
Study Economic History and you’ll see how France, Germany, the US & more recently Japan, economically developed after the British got a head start and promulgated the false theory of Free Trade.
Also see how developing economies (aka the Global South) developed the most whilst the advanced economies were distracted by war.
That is because he is a puppet of the WEF, the Bilderbergers, the Trilateral Commission, the Bohemian Grove and a subservient puppet of Israel.
Got what you wanted?
Now go away and play somewhere else :-)
I wonder if Putin realizes the 8.5% US inflation rate he mentions is understated.
Rest assured he does.
Prices of items I buy regularly are up about 60%, and I’m in a part of the U.S. that hasn’t been hit quite as hard by energy price spikes.
How can one man have this overview? From military to financially, economically, internationally, internally, socially, industrially and legally. Wow.
So US is taking over EU industries internationally as well as internally in EU, plus US missiles and military is lining up in the E-European buffer nations.
I guess US “friends” in EU hoped they would get rewarded for their decades loyalty, and thought the plundering would only happen in East and South because EU had been such a good boy and girls.
The Ukraine, Yugoslavia and Libya case could never happen to us in old golden Europe as we are exceptional VIP, too 1’st class. We needed that corn. For my part I cant live without my morning corn-flakes.
@For my part I cant live without my morning corn-flakes.
Better learn to make your own, it could cost you your life.
It seems that no one took Kissinger terribly seriously when he stated one of the very few things in his career that didn’t potentially add to the misery of the world…
“It may be dangerous to be America’s enemy, but to be America’s friend is fatal.”
As much of Europe begins to descend into a dark and freezing winter chill, perhaps some of the population might just care to reflect on this.
Without any shadow of doubt, this statement had no good side intended but was simply put out there to threaten allies in much the same manner as they bully and thieve from their perceived and contrived adversaries.
Regarding his amazing overview, look at Putin’s team and to whom he delegates vital tasks. The group absolutely exudes class, statesmanship, intellect, and knowledge.
Look at the Lavrovs, the Zakharovas, and the Glazyevs to mention only a few of the stars… compare them to their despotic and idiotic western counterparts… and weep!
But the west has Lizard Trusst, what an asset.
Kissinger was right, but nobody care. The world wants to be deceived, and I have been weeping for too many years.
Today I believe in the Truuss. Vesa says she is an arsset.
Absolutely Vesa and Tommy
Miss Trust will be the Bidet that could expose Perfidious Albion and the City of London crowd as the pillaging rapist they were, and the self-mutilating wreck they have become.
People like Bidet and Miss Trust can perhaps in these circumstances even become a godsend to humanity… simply because they bare their soul [or more accurately lack of it] and the entire sordid agenda to the entire world.
Surely nobody can miss this when these people are so spectacularly evil and incompetent. Consequently, the entire facade will crumble much more quickly which will in turn hasten a return to sanity and lessen the duration and total damage of Mr Global’s rampage.
This fits perfectly with my recent Tweedle Dumb hypothesis.
Here we have is the transatlantic corollary which sets the scene nicely for the final demise of the City of London/ Wall Street kleptocrats. This of course assumes that the lunatics in the western halls of power don’t escalate to a nuclear confrontation and turn major parts of the Northern Hemisphere into molten glass.
Of course, Miss Trust, as part of her “brilliant” campaign, has already signalled her totally nonchalant attitude regarding red buttons. Who would have thunk… perhaps the idiotic Potatoe with a Wig wasn’t so bad that TPTB couldn’t dig up someone even worse.
Good luck with this gem UK
That is, the names of Miss Trust’s big four ministers…
Kwasi Kwarteng Chancellor of the Exchequer
James Cleverly Foreign Secretary
Suella Braverman Home Office
Therese Coffey Health and Deputy PM
I kid you not
Mr. Putin has Great forward looking planning which could be enjoyed by the whole planet if the western world weren’t such fools with their new world order. It reminds me of Proverbs 26:1-3
As snow in summer, and as rain in harvest, so honour is not seemly for a fool.
As the bird by wandering, as the swallow by flying, so the curse causeless shall not come.
A whip for the horse, a bridle for the ass, and a rod for the fool’s back.
The western planners destroy nations calling it nation building, or bringing democracy to nations. However, it’s only to rob and plunder, the ending is always painful. They are fools that will reap what they sow.
The most sincere respect for President Putin. There is no substitute.
I agree. President Putin is the best. He is fair, honest and very smart. And he wants peace.
There truely is no substitute.
The vulture capitalists like Mitt Romney’s Bain Capital solved the biggest issue facing their profit margins, labour costs, shipping their factories brick by brick, machine by machine, East. There’s nothing they can do about the latest issue though, energy costs.
Rent +Labour Cost + Energy Cost + Cost of Raw Materials + Shipping = Factory Closures
Not to forget the Business taxes and VAT.
I told you those boats were going to Europe, revolutions are made when there is not enough beer or it is too expensive to buy. They had no choice.
Can you imagine Biden or any other ‘western politician’ making a speech like that? Impossible even with help from supordinates. We are ficked!
Wouldn’t it be nice if we could learn to get along with Russia?
Oh wait, I think I heard someone else say that….
……hmmmm……..might that have been Donald Trump?
it seems the resistance part is the other side, who can get along with the US in it’s current configuration ???! How do you sleep with a Cobra who’s nature dictates it to bite ?
Thus it very likely comes down to this: http://www.youtube.com/watch?v=C3Oa2tLrWqY
Nah. In no way or shape is Trump a better option. He’s just too incompetent and very much a globalist at the end of the day. His vehement opportunistic zionism, irrational sinophobia and anti-iran stance wont jibe with Euraisianism. Trump will take the USA to war.
I find it refreshing not to hear the term “Western partners.” I found myself cringing when hearing the words over the past two decades.
Where is Israel and it’s outposts cut in all this new wealth to be created? Lord Rothschild et al will not be pleased at the antisemitic tone of Putin’s speech.
What are you talking about?
This isn’t just a speech by Putin expressing his own personal opinions about the world. His views are shared by more than 80 percent of the global population and at least 50 percent (definitely more) of working class people in the west itself. China, India, Iran … and many other countries fully support Putin’s views. London-based globalist banking mafia who have a few million woke, gay, lesbian, transsexual, dollar-paid mercenary, ukronazi…etc. brainwashed groups as their core global support should open their eyes and see what they are dealing with before going in the wrong direction.
“exporters need to think about limiting their exports of grain and other food to this destination” – I hope I understood it correctly and “this destination” means banning Russian grain export to Europe. Would be glad to see the export of aluminum and metals, uranium, gas and oil banned as well – including export to the US. Not sold “for rubles only” – banned. Let them buy these Russian goods via third countries with 20%+ additional commission. There is “need” and there is a “want”. The “western” GDP is mostly “want”, while Russian is mainly “need” (to survive). The Russians should use their current advantage – moreover that it will result in what the “west” seems to declare as their long-term purpose – reduce the population burden on the planet. The difference is that this will happen precisely in the countries which deserve it most.
I feel utter shame and disgust as a European with regard to Ukraine grain. And our collective media will ignore. Such depravity will not be forgotten I hope. My shame fills me with sadness and utter contempt for our vacuous leaders. Excellent speech showing the civilised world the way forward while the putrid west sinks ever lower.
Russia, under Putin ‘s leadership, has done exceedingly well in turning the tables on euro-marauders, but while the servants are reeling in pain the master has become stronger. China so far has proven to be a paper dragon, scared and terrified, hiding behind rhetoric and minor saber rattling. This does not bode well for the world, as empire will soon regain the upper hand. China will also decline in time if its passivity and inac continues. I don’t see much hope for oppressed nations as long as China is owned by Empire.
Yes, unless China and Russia start taking the gloves off and hitting the US the globalists will keep this proxy war going for years. Does Russia not understand the US is masterful at bleeding countries with cowardice proxy wars? Look at Syria. US brazenly invades and takes the oil. Russia does nothing. As much as I support Russia in this war NATO and the US are not going to let up anytime soon and have vast amounts of resources to tap into. The US has 400+ F35s. Maybe junk but that is just the US and one type of plane. The US hasn’t even really supplied much advanced weaponry to Ukraine at all.
US is involved in a proxy war but Russia is directly involved, but most importantly empire chose to provoke Russia now for two reasons. First, they know China is still deeply engaged in the globalist project and would lose far more than Russia by disengaging now (but ironically the West stands to lose even more, so of China can deal a mortal blow the time is now). They are counting on Chinese greed and lack of self confidence, or cowardice, at this time. They know that China prefers to wait at least 10 more years before confronting the Anglo hold on globalism. They hope that in 10 years time Russia will be weakened so much that China will find itself alone and surrender. If Xi sees through this stratagem, he will start disengaging now and finish off the Anglos as world masters, but he may calculate that the short term pain for China may endanger his hold on power and create discont at home. The anglos are counting on Chinese greed and fears, but let us see what China does … China usually thinks long term and i they see the trqp set for thek, and Russia, they will disengage now, and finish off Anglo American powr, with Russia finishing off Euro power.
Brother Karl S @ https://vk.com/@580896205-eastern-economic-forum-plenary-session-transcript-part-one and https://vk.com/@580896205-eastern-economic-forum-plenary-session-transcript-part-two has also a transcript. He’s a thoughtful fella, and a good man.
In any case, it may be worth keeping a transcript of this address by VVP, an historic event.
should include the transcript from the Q&A?
Another historic, magnificent speech by the most sane, most reasonable leader on the world stage. His moral compass alone puts him head and shoulders above most; add to that his grasp of history, economics, international law, and geopolitics, and you see one of the most brilliant statesmen of our time, certainly the one we NEED at this moment in history.
May God bless V. Putin!
May God bless Russia!
Thank you for the link to Q&A – IMHO, this part is even more interesting than the speech itself. I was surprised with Putin’s readiness to publicly discuss some highly sensitive & contentious aspects of the “limited military operation” in/on Ukraine as well as with his ability & willingness to answer himself, rather than deflecting questions to some supposedly uncontrollable outside agency – as is a standard procedure among eg. modern European “leaders”. This is even more impressive since the Q&A most likely have been preselected in this format. After reading the Q&A I again feel that “western” “leaders” who proclaim “Putin must go” do not understand what they wish for, do not know the others in his environment & so will bite their elbows very soon after this happens.
And it is an unusually high quality translation with only very few minor glitches (I used to joke about the English which MFA uses – in Russian it would be pronounced as “MID-English” – but not this time).