MOSCOW (Sputnik) - Modern credit relations are structured in such a way that they serve only the interests of the "golden billion," abusing their position in the world, Russian President Vladimir Putin stated on Friday.
"Modern financial credit relations in the world are built in such a way that they exclusively serve the interests of the so-called 'golden billion.' They, this 'golden billion,' more precisely, the leaders of these 'golden billion' countries, they exploit almost all other countries of the world. They abuse their position both technology, information and finance wise," Putin said at the International Parliamentary Conference Russia-Latin America.
The structure of the modern credit relations needs to be changed, the president added.
Russia is ready to develop cooperation with countries of Latin America on bilateral basis and within the framework of international structures, Putin stressed......more below