Putin on Modern Energy and BRICS

Russian energy week…

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Here Putin says that Western sanctions have spurred the development of alternative financial infrastructure in the energy sector.

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Here Putin predicts that future growth will be concentrated in the BRICS countries. The West is losing its dominant position in the World despite their fundamental basis of economies being rather strong.

The West still has a technological advantage over countries of the global South but the latter are catching up fast. The West has lost its influence in many parts of the World. The influence it once had…