Porsche renews full cooperation with Maria SharapovaSport April 26, 15:05
Russia not planning to curtail security cooperation with Europe — General StaffMilitary & Defense April 26, 13:54
Saudi Arabia hopes for cooperation with Russia in oil sectorBusiness & Economy April 26, 13:30
Russian General Staff: West ignores Moscow’s offers to pool efforts to fight terrorMilitary & Defense April 26, 13:24
Ambassadors of EU member states approve visa waiver for Ukraine — sourceWorld April 26, 13:21
Russian defense chief suggests enlisting private sector to assist in demining SyriaMilitary & Defense April 26, 13:07
NATO building up offensive armaments along border with Russia — General StaffMilitary & Defense April 26, 13:05
Press review: Trump to ease up on Moscow's democracy and Russia goes on gold-buying spreePress Review April 26, 13:00
MiG-31 interceptor jet crashes in RussiaMilitary & Defense April 26, 12:41
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.