'Capitalizing on the New Global Economic Reality' | 20th International Economic Forum

Business and political leaders are gathering today in St. Petersburg, Russia. The various interest groups present are aiming for a full industrial integration worldwide.

During his speech, Vladimir Putin underscored the need for large scale cooperation through the full use of available technologies, instead of the regressive economic sanctions thrown at Russia’s doorsteps.

If you decide to ignore the video above, you will miss the part [1:26:47] where Putin retorted how can America considers itself as a democracy when twice it happened when the superdelegates decided the outcome of the elections instead of the majority of its people, in response to CNN analyst Fareed Zakaria’s offensives, and more.
It’s very obvious from this very large gathering of key industry personalities that a sizable number of industrialists prefer global peace with the BRICS Alliance rather than being antagonistic with it.
These progressive leaders need our support especially in dealing with the highly destructive moves of the Khazarian Mafia everywhere.
From RT,

The 20th International Economic Forum in St. Petersburg has kicked off. Political and business leaders have come to sign new contracts and agree deals. RT.com will keep you updated on the main events.
  • 17 June 2016

    14:42 GMT

    Italian Prime Minister Matteo Renzi urged Europe and Russia to make an effort to restore their relationship.

    “It is obvious that there are some problems in the Europe-Russia relationship, and it is clear that each of us has good reasons to think about the past, about why these problems occurred,” Renzi said.

  • 14:35 GMT

    Rosneft has agreed to sell a 23.9 percent stake in oil producer Vankorneft to a consortium of Indian companies. The deal is expected to be closed after getting governmental approval.
    Vankorneft is a subsidiary of Rosneft and was set up in 2004 to develop the Vankor oil and gas condensate field in north eastern Siberia. The Vankor field is the largest oil and gas field discovered and brought into production in Russia in the last 25 years.
  • 14:33 GMT

    Russia is ready to again cooperate with Europe, says Vladimir Putin.
    “We do not hold a grudge and are ready to meet our European partners halfway,” the president told the forum.
    Putin pointed out that the EU remained a key Russian partner, despite the recent problems.
    “European business is willing and is ready to cooperate with our country,” he said stressing that Russian authorities are not indifferent to the European economy.
  • 13:58 GMT

  • 13:53 GMT

    By 2026 China’s Alibaba e-commerce platform will be able to deliver goods worldwide within 72 hours, company founder Jack Ma said at SPIEF.
    READ MORE: Alibaba to double turnover to over $900bn by 2020
    “In ten years the world will make orders online and receive them within 72 hours. This is what I want to do,” he said, adding “I believe that in 20 years there will be no cash, and society will be transparent. There will be no corruption, because cash leads to corruption.”
  • 13:33 GMT

    Many investors from different parts of the world attending the forum are a good sign, says UNECE Executive Secretary Christian Friis Bach.

    “And here I think the companies are voting with their feet and their minds and their actions and they are telling us ‘we need to cooperate, we need more economic integration across borders and we need investments across borders, we need more trade, we need more transport, we need more transit and more tourism’,” he told RT.
    Mr. Bach added that it was a good sign for the UN as well, as the organization aimed to provide help states cooperate.

  • 13:30 GMT

  • 13:20 GMT

    Lukoil is in talks with Shell and Total over jointly working in Iraq, CEO Vagit Alekperov told TASS.
    “We are discussing changes to our contract to expand beyond the West Qurna-2 oilfield… We are in talks with Shell and Total to create a refinery. Iraq supports our efforts,” Alekperov said.
    READ MORE: How Russia’s Lukoil survives sanctions and cheap crude
    Lukoil has significant stakes in Iraq, including a stake in the hard to reach crude in West Qurna-2.
  • 12:56 GMT

    The forum is initially a space for companies that already have a business relationship in Russia, said VTB CEO Andrey Kostin.
    “They cannot ignore Russia, the companies are interested and waiting for increasing business opportunities,” said Kostin on the sidelines of the forum.
  • 12:53 GMT

    Russian Foreign Ministry spokesperson Maria Zakharova spoke to RT about the key issues at the economic forum, and said that top businesspeople and officials at the event had voiced thoughts which reflect the current state of affairs in Russian-Western relations.

    “The EU lost [a sense of] reality about Russia, and this is a problem. The politicians in the West really lost this [sense of] reality about Russia,” Zakharova said.

2 thoughts on “'Capitalizing on the New Global Economic Reality' | 20th International Economic Forum”

  1. Thank you for the RT video — downloaded it and will take my time enjoying it over the weekend. Just tremendous to see so many people from all over the world come together at SPIEF and just watching the start of the vid, one already picks up the dynamic excitement filling the air with a positive ‘buzz’! Amazing … because its at a time when practically the whole world is in economic doldrums and global turmoil seemingly everywhere, that there are still so many remaining so committed and positive about the future, that it makes on realize that hope’s flame still burns bright! Renews one’s confidence, that whatever is wrong can and will be sorted out most beautifully through global cooperation!
    God bless Putin — truly the man has an intuitive knack for what the world needs most — bringing people together to discuss, to agree, to build — to fix, to uplift, to share ideas and pass on skills — how can it not make our world a better place again!?
    A world affording skills to even the simplest among us, enabling them to meet their simple needs, equipped to independently live sustainable and secure lives — Putin well understands that everything starts at grassroots — that providing the poorest with much needed skills and ongoing uplift through education, is the way forward for our world to become the self-energising generator, critical not only to stimulate and ensure a strong and stable global economy, but in progressively achieving this, creating the harmony which will ensure the world spontaneously moves then — as if by its own volition — to a world of enduring peace.

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