(Bloomberg) -- Russian President Vladimir Putin
assailed the dominance of the global economy by a small group of
developed countries and called on them to recognize a ``new
balance of power'' in the world.
``The new architecture of economic relations requires a
completely new approach,'' Putin said at the St. Petersburg
International Economic Forum today. Russia intends to become an
alternative global financial center and to make the ruble a
reserve currency for central banks, he said.
Read more at Bloomberg Currencies News
assailed the dominance of the global economy by a small group of
developed countries and called on them to recognize a ``new
balance of power'' in the world.
``The new architecture of economic relations requires a
completely new approach,'' Putin said at the St. Petersburg
International Economic Forum today. Russia intends to become an
alternative global financial center and to make the ruble a
reserve currency for central banks, he said.
Read more at Bloomberg Currencies News
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