Putin denounces the U.S. as a declining world energy.

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President Vladimir V. Putin of Russia on Friday reprised his critique of the US as a declining energy that treats its allies as colonies, whereas declaring itself distinctive and “the messenger of the Lord on Earth.”

“If they’re distinctive, then that implies that everybody else is second-class,” Mr. Putin stated of the US in an tackle that the Kremlin had billed as “extraordinarily essential” on the St. Petersburg Worldwide Financial Discussion board — an annual enterprise convention as soon as often called “Russia’s Davos.”

His remarks had been delayed by over an hour after the Kremlin cited “large-scale” distributed denial-of-service cyberattacks on the convention’s pc programs. The Kremlin’s spokesman, Dmitri S. Peskov, stated the assaults had taken out of fee the database of convention members, complicating the method of screening the company getting into the plenary session at which Mr. Putin was to talk.

Mr. Putin additionally stated the European Union had imposed sanctions towards Russia on orders from Washington regardless of the harm to its personal financial system.

“The European Union has fully misplaced its political sovereignty,” Mr. Putin stated, “and its bureaucratic elites are dancing to a stranger’s tunes whereas accepting every part they’re instructed from above whereas harming their very own public and their very own financial system.”

He additionally claimed that Western politicians had been falsely blaming inflation of their nations on the battle in Ukraine to distract the general public from what he described as the actual causes: extreme Western authorities spending and unfastened financial coverage.

“All of us hear about so known as Putin inflation within the West,” Mr. Putin stated. “Once I see this, I at all times assume: Who’s this meant for, this stupidity? For somebody who doesn’t know methods to learn or write.”

Mr. Putin warned that inflation threatened to trigger “starvation within the poorest nations,” and stated, “This shall be totally on the conscience of the US and Euro-bureaucracy.”

He additionally insisted that the Russian financial system would stay open to overseas funding and cooperation. “Russia, whereas our Western buddies actually dream of this, won’t ever take the trail of isolation and autarky,” Mr. Putin stated.

IT Military of Ukraine, a “hacktavist” group behind a whole lot of assaults on Russian web sites, had earlier flagged the financial discussion board as a goal. “The St. Petersburg Worldwide Financial Discussion board is beginning immediately, so let’s ‘go to’ it on-line collectively,” the group stated on its Telegram channel.

Additionally anticipated to seem onstage had been President Kassym-Jomart Tokayev of Kazakhstan and Margarita Simonyan, the editor of the state-run tv channel RT. Mr. Peskov stated that Xi Jinping, the Chinese language chief, and President Abdel Fattah el-Sisi of Egypt would tackle the convention by video.

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