IMF chief Christine Lagarde has been quite vocal about the threats that US President Donald Trump’s economic policies pose to the world economic order.
She’s been criticizing Trump’s brand of protectionism and one-on-one take it or leave it style of diplomacy at nearly every turn here lately.
Speaking at a plenary session at the St. Petersburg Economic Forum, Emmanuel Macron, a guest of honor at the international event, which featured over 15,000 participants from over 100 countries, stated. Macron advocated a ‘new economic and social model’ of cooperation between Paris and Moscow, iterating a sentiment that seems to be the polar opposite of the overwhelming rusophobic mentality that has been sweeping the west for going on two years now.
At Russia’s ‘Second Capital’ of St. Petersburg, leaders from several nations and economic organizations called for an ‘economy of trust’. The theme was aimed at combatting the selfish protectionist measures that have been emanating from various nations in Europe and, most notably, America, the latter of which has been levying tariffs both targeted and global in their scope, as well as economic sanctions, in an attempt to restore the heights of its glory days, when its economy represented half of the world’s GDP, in order to ‘Make America Great Again’.
Athens sent a delegation to the St. Petersburg Economic Forum (SPIEF), which has spanned the latter part of this week, in a bid to secure Russian cooperation in possible joint endeavours. The event drew over 15,000 participants from over 100 countries and heads of state from France and China. One area in which Greece was there to seek Russian cooperation on was in the sector of shipbuilding.
Hellenic Shipping News Worldwide reports:
