In a speech full of grievances at the St Petersburg International Economic Forum, Putin said what he called the West's economic blitzkrieg of sanctions had failed. He also played down Ukraine's possible EU entry, saying he had nothing against it, unlike the security risk of Kyiv joining NATO that he alleged when he started the invasion.
Putin accused the US of acting as a colonial force and said tectonic changes in the global order would see states like Russia come to the fore.