# Global crisis

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Russian President Vladimir Putin addressed the plenary session of the St. Petersburg International Economic Forum (SPIEF) on Friday, stating that Russia is entering an era of tectonic changes as a powerful and sovereign country. He also discussed the global crisis, the end of the unipolar world, and the emergence of a new world order. Putin emphasized that the rules of the new world order will be created by those who aren't moving along a path set out by others.

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