Russia's President Vladimir Putin blames United States Friday for many of the problems the world was facing currently, including the turmoil in Ukraine and Islamic terrorism.
Speaking at the final session of the Valdai Club, a group of foreign analysts and Russia experts that meets once a year, Putin said that the United States has created a unilateral and unjust world order instead of using its clout wisely.
Putin said that in the past two decades, the United States acted as if it were someone "nouveau riche who had suddenly received a lot of wealth - in this case, global leadership."
"The exceptionalism of the United States, the way they implement their leadership, is it really a benefit? And their worldwide intervention brings peace and stability, progress and peak of democracy? Maybe we should relax and enjoy this splendour? No!," Putin said, reports The Guardian.
Elaborating further, Putin said that the wars in Iraq, Libya and Syria were examples of wrong action taken by the United States and which have led to chaos and disorder. As a result of their own wrong policies, Washington and its allies are now forced to intervene in those countries.
Putin also said that Russia was snubbed by the West, though it has expressed its keenness to cooperate.
Turning to the issue of Ukraine, Putin said that the West has disregarded Russia's genuine interest in its neighboring country and instead encouraged the removal of Ukraine's former Russian-leaning president Viktor Yanukovych.
Denying charges that Russia intends to divide Ukraine, Putin said the rebel held regions should be permitted to conduct local elections on Nov. 2, and not on December as the Ukrainian government desires.
Reacting to Putin's speech, U.S. State Department spokeswoman Jen Psaki said that the United States "does not seek confrontation with Russia, but we cannot and will not compromise on the principle on which security in Europe and North America rest," reports the Associated Press.
Paski said that though there may be difference of opinion, the United States will remain committed to maintain Ukraine's sovereignty and territorial integrity.
She also said that the United States was able to work with Russia on many issues and looked forward to cooperating with it again on matters of mutual concern.