US acts as if it is 'sent by God to Earth' says Putin as he condemns 'stupid' sanctions

Vladimir Putin dismissed the West's attempts to crush his country with 'stupid' sanctions that amounted to an economic 'blitzkrieg'

Amid a lengthy denunciation of the United States and its allies, the Russian leader said the West has tried to isolate or cancel the"wrong" states.

He drew applause from the hall when he reaffirmed his determination to continue the"special military operation" in Ukraine. He said the main aim of the incursion was to defend"our" people in the largely Russian-speaking Donbas region of eastern Ukraine - a justification that Kyiv and the West dismiss as a baseless pretext for the war.His speech came just hours after the EU Commission announced it hadIn response, Mr Putin accused the organisation of having lost its political sovereignty and said the EU could lose more than $400 billion due to its sanctions against Russia.

In response to the sanctions, he called on Russia's enterprises to boost their domestic investment to help realise the country's"gigantic potential". Russia is facing a looming recession which is set to be the country's deepest contraction in at least two decades.

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