BEST OF THE WEB: Putin: World is being destroyed by U.S. and its satellites, who pass themselves off as 'the international community'

© AFP PHOTO / POOL / MICHAEL KLIMENTYEV

Russian President Vladimir Putin (C) sits next to former French Prime Minister Dominique de Villepin (R) on October 24, 2014 during a meeting of members of the Valdai International Discussion Club in the Russian city of Sochi.

The modern global and regional security system is seriously fragmented and deformed, Russian President Vladimir Putin said Friday.

"Unfortunately, there is no guarantee that the existing system of global and regional security can protect us from disruption. The system is seriously weakened, shattered and deformed. International and regional institutions of political, economic and cultural cooperation are going through a very difficult period," Putin said at the plenary session of the 11th meeting of the Valdai International Discussion Club.

The winners in the Cold War seem to be bent on reshaping the world so that it could better accommodate their own needs, Russian President Vladimir Putin said Friday in a comment on US foreign policy.

"It looks like the so-called 'winners' of the Cold War are determined to have it all and reshape the world into a place that could better serve their interests alone," Vladimir Putin said at the 11th conference of the Valdai Discussion Forum in the Russian city of Sochi.

"The existing system of international relations, international laws, the system of checks and balances have been therefore declared useless, obsolete and ready to be torn down," the Russian president stated.

The period of the Cold War is over, but the peace has never been made, Russian President Vladimir Putin said.

"The 'Cold War' is over. But it did not end with peace. [Neither did it end with] a transparent and clear agreement on new rules and standards," Putin said.

The idea of "national sovereignty" has lost its significance for many nations and is interpreted as they see fit, Russian President Vladimir Putin said Friday.

"The very concept of 'national sovereignty' is regarded by many countries as something relative. The proposed formula is virtually that the more loyal a regime is to the One Center of Global Power the stronger its legitimacy is," Putin said at the 11th annual Valdai Discussion Club meeting in Sochi, Russia.

"In a world dominated by one country and a group of its satellites, the process of 'global decision-making' often boils down to pushing through their own recipes under the guise of a universal proposal. This group has in fact become so ambitious that its solutions are now passed off as decisions made by the entire global community," the Russian president said.

Disobedience on the international arena is punished with force, economic pressure and meddling in domestic affairs, Russian President Vladimir Putin said Friday.

"The measures against the 'rebellious' actors are well-known and repeatedly used: forceful action, economic and propaganda pressure, interference in domestic affairs," Putin said at the 11th Valdai International Discussion Club meeting.

Putin also mentioned that 'disobedient' governments could be displaced using "supra-legal" actors.

The West is shooting itself in own foot by sponsoring extremist movements, Russian President Vladimir Putin said Friday.

"By the way, I am constantly surprised that our Western partners make the same mistake over and over again. They once sponsored Islamist extremists that had fought in Afghanistan to fight the Soviet Union. Taliban and al-Qaeda originated from these [extremist] movements," Putin said at the 11th annual Valdai Discussion Club meeting.