Putin Warns West Current World Order Is Over and New Era Is Coming

Vladimir Putin has warned that "a new stage in world history" is coming in a speech in which he condemned "the model of total domination" by the West.

During the address on Wednesday in Moscow, the Russian leader took a swipe at the populations of Western countries, which he described as the "golden billion", and asked why their leaders should "impose their own rules of conduct based on the illusion of exclusivity" which he believed was "inherently racist and neo-colonial."

"One gets the impression that the West simply cannot offer the world its own model of the future," Putin said, as he described how the dominance of the West owed itself to "the robbery of other peoples both in Asia and in Africa."

He singled out India in particular as being "robbed" in his criticism of colonial powers. With Russia facing sanctions from the West due to his invasion, trade ties between New Delhi and Moscow have strengthened since the start of the Ukraine war and Russia has pivoted towards countries like China and Iran.

This week, Putin held meetings with Iranian and Turkish leaders in Tehran in which he looked to forge a new alliance in response to tough measures imposed by the U.S. and its allies, predominantly in Europe.

Putin said that the global "elites" were now "terribly afraid" that other parts of the world "may present their own options for development."

"But no matter how much Western and supranational elites strive to preserve the existing order of things—a new era is coming, a new stage in world history," he added.

He then said that "high growth dynamics" could only be achieved by "truly sovereign states" in what appeared to be a criticism of what he considers to be Western interference in Russia and the war he is prosecuting.

During his address to the meeting of business leaders titled "Strong Ideas for a New Time", whose transcript was on the Kremlin website, Putin made no mention of Ukraine.

But it comes within the context of the West's tough response to Russia for invading its neighbor, involving sanctions and ever deepening military cooperation and assistance for Kyiv.

In March, Putin railed at the "collective West" which he accused of "trying to divide our society" by taking advantage of the "socioeconomic consequences of the sanctions" that were imposed soon after his invasion.

However on Monday, Putin said that measures intended to isolate Russia, would not turn the clock back on his country's development. He told Russian government figures "we are not going to give up and stay in a state of disarray or, as some of our 'well-wishers' predict, go back decades."