More nations are trying to get out from under the U.S. dollar, Putin says

gata.org / By Stepan Kravchenko, Bloomberg News / Friday, October 24, 2014

http://www.bloomberg.com/news/2014-10-24/putin-accuses-u-s-of-blackmail-…

MOSCOW — The U.S. is behaving like “Big Brother” and blackmailing world leaders while making imbalances in global relations worse, Russia’s president said.

Current conflicts risk bringing world order to collapse, Vladimir Putin told the annual Valdai Club in the Black Sea resort of Sochi. The Cold War’s “victors” are dismantling established international laws and relations, while the global security system has become weak and deformed, with the U.S. acting like the “nouveau riche” as global leader, he said.

“The Cold War has ended,” Putin said. “But it ended without peace being achieved, without clear and transparent agreements on the new rules and standards.”

Russia has clashed with the U.S. over conflicts from Syria to Ukraine, sending relations between the two countries to levels not seen since Soviet times. Putin, whose nation is on the brink of recession because of U.S. and European sanctions over Ukraine, also offered asylum to fugitive American government intelligence contractor Edward Snowden in 2013.

“Global anarchy” will grow unless clear mechanisms are established for resolving crises, Putin told the invited group of foreign and Russian academics and analysts. The U.S.’s “self-appointed” leadership has brought no good for other nations and a unipolar world amounts to a dictatorship, he said.

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The post More nations are trying to get out from under the U.S. dollar, Putin says appeared first on Silver For The People.

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