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Putin Says Liberal Globalization Is Obsolete - Europe - The Jakarta Post
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15 Articles
Russian President Vladimir Putin said Sunday, in front of BRICS leaders, that the era of liberal globalisation is over and the future belongs to emerging economies in rapid growth, which should intensify their use of national currency...
By Svitlana Vlasova and Sophie Tanno, CNN Russian President Vladimir Putin declared Sunday at a summit of leaders of the growing BRICS group that liberal globalization has run its course and the future lies in emerging markets. The Russian leader spoke at the Rio de Janeiro summit via video link while facing an arrest warrant from the International Criminal Court (ICC), which accuses Putin of the alleged war crime of deporting children from Ukra…
The liberal globalization model has outlived itself and will be replaced by a fairer multipolar world, Russian President Vladimir Putin said in a video message to participants in the BRICS summit, which began on Sunday in Rio de Janeiro.
Russian President Vladimir Putin said this Sunday (6 July 2025) that the liberal globalization model “is running out of steam” and that the future of the world economy belongs to emerging markets. The Russian leader advocated expanding the use of national currencies in trade between the BRICS countries and proposed the creation of a joint investment platform to boost the group’s growth. Putin spoke via videoconference during the 1st session of t…
The Russian president argued at the BRICS summit that the center of business activity is shifting towards emerging markets, and called on them to cooperate in all areas.
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