NATO to join anti-IS coalition but unlikely to engage in combat — chiefWorld May 26, 0:23
Russian Foreign Ministry: OPCW not rushing to investigate chemical incident in SyriaRussian Politics & Diplomacy May 25, 21:28
Russia’s legendary barque Kruzenshtern calls at Belgian portSociety & Culture May 25, 20:26
OPEC and non-OPEC countries to develop cooperation outside Vienna agreementBusiness & Economy May 25, 19:44
Russia squared-off with Western media blitz to smear World Cup preparationsSport May 25, 19:35
NATO seeks to continue and expand dialogue with RussiaWorld May 25, 19:01
WADA offers pole vaulter Isinbayeva post of ambassador for clean sports in Russia — sourceSport May 25, 18:57
Lavrov keeps close eye on situation with jailed Russian pilot in USRussian Politics & Diplomacy May 25, 18:51
Belkomur rail project brings new opportunities to Russia’s Arctic regionsBusiness & Economy May 25, 18:46
MOSCOW, January 22. /TASS/. Europe will lose $300 billion, if Russia is gripped by a large-scale economic crisis, Russian Direct Investment Fund Head Kirill Dmitriyev said at the Davos Economic Forum on Thursday, citing an estimate by a leading hedge fund.
“Some are glad that there is an economic crisis in Russia but one top hedge fund has given us a forecast that Europe will lose $300 billion, if a large-scale crisis starts in Russia,” Dmitriyev said, adding this was “the real price of economic struggle.”
The geopolitical struggle among countries has intensified considerably in the past few years but this confrontation can be “healthy” or “unhealthy,” he said.
Healthy struggle implies competition for resources and competition of high technologies, which makes countries stronger whereas unhealthy struggle implies an attempt to weaken other countries, in particular, through regional conflicts, he said.
“We need an international anti-monopoly committee because the monopoly of some countries is bad for consumers,” he said.