Islamic State attack on Iraq's Kirkuk rebuffedWorld October 21, 15:48
Romano Prodi says Nord Stream 2 gas pipeline is not in Italy’s interestBusiness & Economy October 21, 15:38
Russian women's futsal team 'didn't have to wear hijabs, but chose to' — coachSport October 21, 15:35
Moscow says Belgian defense minister tries to distract attention from Hassadjek attackRussian Politics & Diplomacy October 21, 15:04
Russian suspected of alleged cyberattacks on US to remain in custody — Czech ministryWorld October 21, 14:55
Justice Ministry rejects Ukraine’s extradition bid for filmmaker convicted in terror plotRussian Politics & Diplomacy October 21, 14:52
Kremlin says EU sanctions policy against Russia destructiveRussian Politics & Diplomacy October 21, 14:48
NATO to use AWACS aircraft for Syrian airspace surveillance soonWorld October 21, 14:40
Switzerland seeks to bolster ties with Russia — senior lawmakerRussian Politics & Diplomacy October 21, 14:26
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.