Russian President Vladimir Putin. File photoMOSCOW, Jun 22 Problems in the global economy are becoming chronic, Russian President Vladimir Putin said in a greeting to the participants of the BRICS business forum. Putin said that the West is pursuing an irresponsible macroeconomic course, including the printing press, — all is to the detriment of business and negatively affects people. «As a result, problems in the global economy are becoming chronic, there is a decrease in business activity, rising unemployment, a shortage of raw materials and components, and difficulties in ensuring global food security are aggravated. Prices for cereals and other basic agricultural products,» Putin said. «It is important that despite all the problems and difficulties, the BRICS business circles are consistently expanding mutually beneficial ties in trade, financial and investment areas,» the President of the Russian Federation added.
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