Putin criticizes “radical neoliberalism” imposed by the West

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Russian President Vladimir Putin criticized the “radical neoliberalism” imposed by the US and the EU, which undermines traditional values. The Russian leader made this statement via video link at the last press conference of the BRICS summit.

“The threat to the formation of the new world order is also the radical neoliberalism imposed by some countries,” said Putin.

He reminded that this trend aims to destroy traditional values ​​that are important to everyone. These include the institution of the family, national and religious traditions.

On August 24, South African President Cyril Ramaphosa announced the creation of six new countries. will enter BRICS. Expanding the international union taken into account Step towards investment growth. This was stated by Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF).

Calculations based on official statistics, the expanding BRICS will own Almost half of the world’s oil reserves

previously in the USA saw The possibility of increasing the impact of the BRICS.

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