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Putin Warns Of Risks Of Econ Crisis & Conflict Rising In SCO Speech

RUSSIA

Wires carrying comments from Russian President Vladimir Putin speaking to the Shanghai Cooperation Organisation (SCO) virtual leaders' summit. Claims that the "risks of a global economic crisis are on the rise [and] the potential for conflicts is rising." Putin also offered his thanks to SCO nations for their "supporting actions to protect the constitutional order of Russia" during the Wagner mutiny.

  • Putin: "Russia will stand up against sanctions and provocations." Says that "We plan to boost ties with SCO," adding that "One of key SCO tasks is to support security."
  • Putin: "Russia supports transition to settlements in local currencies".

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