World
Putin blasts West, says world faces most dangerous decade since WW2
President Vladimir Putin said on Thursday that the world faced the most dangerous decade since World War Two as Western elites scrambled to prevent the inevitable crumbling of the global dominance of the United States and its allies, Reuters reported.
In one of his longest public appearances since he sent troops into Ukraine on Feb. 24, Putin signaled he had no regrets about what he calls “a special operation” and accused the West of inciting the war and of playing a “dangerous, bloody and dirty” game that was sowing chaos across the world.
“The historical period of the West’s undivided dominance over world affairs is coming to an end,” Putin, Russia’s paramount leader, told the Valdai Discussion Club during a session entitled “A Post-Hegemonic World: Justice and Security for Everyone”.
“We are standing at a historical frontier: Ahead is probably the most dangerous, unpredictable and, at the same time, important decade since the end of World War Two.”
The 70-year-old former KGB spy was more than an hour late to the meeting of Russia experts where he gave a typically scathing interpretation of what he portrayed as Western decadence and decline in the face of rising Asian powers such as China.
He appeared relaxed over more than three and a half hours as he was questioned about fears of nuclear war, his relations with President Xi Jinping, and about how he felt about Russian soldiers killed in the Ukraine war, which he cast “partly” as a civil war, a notion Kyiv rejects.
Tens of thousands of people have been killed in the war, while the West has imposed the most severe sanctions in history on Russia, one of the world’s biggest suppliers of natural resources.
The Russian leader blamed the West for stoking recent nuclear tensions, citing remarks by former British Prime Minister Liz Truss about her readiness to use London’s nuclear deterrent if the circumstances demanded it.
He repeated an assertion that Ukraine could detonate a “dirty bomb” laced with radioactive material to frame Moscow – an allegation dismissed by Kyiv and the West as false and without evidence.
A suggestion by Kyiv that the Russian charge might mean Moscow plans to detonate such a device itself was false, he said.
“We don’t need to do that. There would be no sense whatsoever in doing that,” Putin said, adding that the Kremlin had responded to what it felt was nuclear blackmail by the West.
Russia’s invasion of Ukraine has triggered the biggest confrontation with the West since the 1962 Cuban Missile Crisis in the depths of the Cold War when the Soviet Union and the United States came closest to nuclear war.
But he said Russia’s military doctrine was defensive and, asked about the Cuban Missile crisis, quipped that he had no desire to be in the place of Nikita Khrushchev, the Soviet leader who, along with John F. Kennedy, took the world to the brink of nuclear war before defusing the situation.
“No way. No, I can’t imagine myself in the role of Khrushchev,” Putin said.
Putin quoted a 1978 Harvard lecture by Russian dissident and novelist Alexander Solzhenitsyn, who launched a frontal assault on Western civilisation, decrying the hollow materialism and “the blindness of superiority” of the West.
“Power over the world is what the so-called West has put on the line in its game – but the game is dangerous, bloody and I would say dirty,” said Putin. “The sower of the wind, as they say, will reap the storm.”
Putin said he thought constantly of Russian casualties in Ukraine, but avoided getting into detail about what the West says are huge losses. But only Russia could guarantee the territorial integrity of Ukraine, he said.
Ultimately, Putin said, the West would have to talk to Russia and other major powers about the future of the world.
World
G7 foreign ministers demand an end to attacks on civilians in Iran war
The ministers also reiterated the need to restore safe and toll-free freedom of navigation in the Strait of Hormuz.
The foreign ministers of the G7 group of nations called on Friday for an immediate stop to attacks against civilians and civilian infrastructure in the Iran war.
In a joint statement agreed on the second day of a G7 meeting in France – this year’s host country – the ministers said they had underscored the importance of minimising the impact of the conflict on regional partners, civilian populations and critical infrastructure.
“We focused on the value of diverse partnerships, coordination, and supporting initiatives, including to mitigate global economic shocks such as disruptions to economic, energy, fertilizer and commercial supply chains, which have direct impacts on our citizens,” they said in the statement seen by Reuters.
The ministers also reiterated the need to restore safe and toll-free freedom of navigation in the Strait of Hormuz.
The G7 members are the United States, Britain, Canada, France, Germany, Italy and Japan, along with the European Union.
World
US Vice President Vance emerges as key figure in Iran peace efforts: Report
US Vice President JD Vance has taken a leading role in Washington’s efforts to broker peace with Iran, nearly a month into the ongoing conflict, according to US media reports on Friday.
An Axios report says Vance has been actively engaged in behind-the-scenes diplomacy, holding multiple discussions with Israeli Prime Minister Benjamin Netanyahu and coordinating with Gulf allies, while maintaining indirect communication channels with Iranian officials.
The White House reportedly views Vance as a central negotiator due to his senior position and his skepticism toward prolonged military engagements, making him a suitable envoy for sensitive negotiations.
Vance’s efforts include coordination with countries such as the United Arab Emirates and Qatar, focusing on de-escalation, potential peace talks, and regional security.
US President Donald Trump formally confirmed Vance’s role on Thursday, noting that he is working alongside Middle East Envoy Steve Witkoff and Jared Kushner on ongoing negotiations and will brief officials on developments regarding Iran.
White House officials told Axios that Vance’s seniority and opposition to extended foreign conflicts make him a more appealing interlocutor for Iran than other envoys, with Witkoff recommending him as the lead negotiator. “If the Iranians can’t strike a deal with Vance, they don’t get a deal. He’s the best they’re gonna get,” a senior administration official said.
While Vance assumes a larger diplomatic role, Witkoff and Kushner continue handling negotiations. Reports of a confrontation between Vance and Netanyahu were dismissed by US and Israeli sources as inaccurate.
According to the report, Vance initially expressed skepticism about the war’s duration, objectives, and resource impact but supported a strategy of overwhelming force once Trump decided to proceed. Vance remains aligned with Israel while carefully navigating differences between US and Israeli objectives, advisers said.
“He has his own views, but he is going to work according to Trump’s instructions and try to achieve an outcome that the president likes,” a source close to Vance added.
World
Trump signature to appear on US currency, ending 165-year tradition
The Treasury is still producing notes bearing the signatures of former President Joe Biden’s Treasury secretary, Janet Yellen, and former Treasurer Lynn Malerba.
U.S. paper currency will bear President Donald Trump’s signature starting this summer, the first time a sitting president has signed American money, the Treasury Department said on Thursday.
The redesigned notes, planned to mark the 250th anniversary of American independence, will also for the first time in 165 years drop the signature of the U.S. treasurer, who reports to the Treasury Secretary and oversees the Bureau of Engraving and Printing, the U.S. Mint and other Treasury functions, Reuters reported.
The first $100 bills with Trump’s signature and that of U.S. Treasury Secretary Scott Bessent will be printed in June, followed by other bills in subsequent months. The new bills may take several weeks to circulate through banks.
The Treasury is still producing notes bearing the signatures of former President Joe Biden’s Treasury secretary, Janet Yellen, and former Treasurer Lynn Malerba.
Malerba will be the last of an unbroken line of treasurers whose signatures have appeared on U.S. federal currency since 1861, when the U.S. government first issued it.
The signature change is the latest effort by the Trump administration and its allies to put the president’s name on buildings, institutions, government programs, warships and coins. A federal arts panel, whose members Trump appointed, approved last week the design for a commemorative gold coin with Trump’s image.
Bessent said in a statement that the move was appropriate for the U.S. 250th anniversary, given strong U.S. economic growth and financial stability during Trump’s second term, read the report.
“There is no more powerful way to recognize the historic achievements of our great country and President Donald J. Trump than U.S. dollar bills bearing his name, and it is only appropriate that this historic currency be issued at the Semiquincentennial,” Bessent said.
An effort for a circulating $1 Trump coin was set back by laws prohibiting the depiction of living individuals on U.S. coins.
A statute governing the printing of Federal Reserve notes gives the Treasury broad discretion to change designs to guard against counterfeiting. The law requires keeping certain elements, including the words “In God We Trust,” and only allows portraits of deceased individuals.
The overall designs of bills will not change, except for Trump’s signature replacing the Treasurer’s, Treasury officials said. A mock-up of the $100 bill with Trump’s signature was not immediately available.
Malerba, the former treasurer, declined comment on the Trump administration’s move.
Her predecessor, Jovita Carranza, who served as treasurer in Trump’s first term, called the change “a powerful symbol of American resilience, the enduring strength of free enterprise and the promise of continued greatness.”
The current treasurer, Brandon Beach, whose name has not appeared on the currency, also issued a supportive statement, saying Trump was the architect of a “golden age economic revival.”
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