Putin slams US intervention in Balkans, says US dominance ending

President of Russia Vladimir Putin

Russian President Vladimir Putin criticized Washington’s intervention in the Balkans region, and noted that America's global dominance is coming to an end, sources reported.

Speaking at the Valdai forum in the Black Sea resort town of Sochi on Thursday, Putin touched on US intervention in the Balkans region. Putin criticized Washington’s presence in the region and described it as destabilizing. Meanwhile, he praised Serbian President Aleksandar Vicic’s efforts to strengthen ties with Moscow. Putin told two Serbian pro-government newspapers in an interview published Wednesday that "the policy of the United States and certain Western countries aimed to foster their dominance in the region constitutes a major destabilizing factor."

The Russian President underscored that Russia "has always viewed (the Balkans) as a space for constructive cooperation. So Russia has many friends here today, and the strategic partner Serbia holds a special place."

Putin criticized the US for implementing sanctions against Russia and other nations, arguing that doing so undermined trust in the dollar as the world's universal currency.

"It's a typical mistake of an empire," the Russian President said. "An empire always thinks that it can allow itself to make some little mistakes, take some extra costs, because its power is such that they don't mean anything. But the quantity of those costs, those mistakes inevitably grows.”

He went on to say "And the moment comes when it can't handle them, neither in the security sphere or the economic sphere."

"Thank God, this situation of a unipolar world, of a monopoly, is coming to an end," Putin said. "It's practically already over."

Putin added that he wasn’t trying to offend anyone with his remarks and that he believed the end of American dominance would make the world more balanced and allow for more international dialogue. He said that Russia was ready for a better relationship with the US at any time.