AP

AP PHOTOS: Despite dark times, Russian economic forum shines

Jun 18, 2022, 11:31 PM | Updated: 11:40 pm

Participants are reflected in the ceiling as they enter a hall at the St. Petersburg International ...

Participants are reflected in the ceiling as they enter a hall at the St. Petersburg International Economic Forum in St.Petersburg, Russia, Wednesday, June 15, 2022. Russia’s annual event to tout its investment opportunities this year was shadowed by the stern international sanctions imposed on the country after the Kremlin sent troops into Ukraine four months earlier and by the extensive disapproval of foreign businesses, which have suspended operations or pulled out entirely, leaving Russian shopping centers pocked with dark, shuttered stores. (AP Photo/Dmitri Lovetsky)

(AP Photo/Dmitri Lovetsky)

ST. PETERSBURG, Russia (AP) — The bright colors and huge video screens in the corridors of the St. Petersburg International Economic Forum gave the showpiece gathering the air of an upscale Russian mall — except that everything was open.

Russia’s annual event to tout its investment opportunities this year was shadowed by the stern international sanctions imposed on the country after the Kremlin sent troops into Ukraine four months earlier, and by the extensive disapproval of foreign businesses, which have suspended operations or pulled out entirely, leaving Russian shopping centers pocked with dark, shuttered stores.

Some speakers acknowledged that the country suffered a strong economic blow. Others optimistically spun the data — inflation once projected to be 17% this year now is projected to be 16%.

Russian President Vladimir Putin was, as expected, the star of the four-day show. Although the giant video screens occasionally caught his face in comical expressions, Putin’s famous energy and stamina were on full display in Friday’s address to the plenary session and lengthy question-and-answer session.

He said Russia’s fighting in Ukraine is fully justified; the sanctions are reckless and insane; and Russia’s determination and inventiveness will revive the economy.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


              Participants and journalists gather in a hall at the St. Petersburg International Economic Forum in St.Petersburg, Russia, Friday, June 17, 2022. Russia came under a wide array of sanctions after sending troops into Ukraine in February. Hundreds of foreign companies also suspended operations in Russia or pulled out of the country entirely. (AP Photo/Dmitri Lovetsky)
            
              Participants work during a break on the sidelines of the St. Petersburg International Economic Forum in St.Petersburg, Russia, Thursday, June 16, 2022. Russia’s annual event to tout its investment opportunities this year was shadowed by the stern international sanctions imposed on the country after the Kremlin sent troops into Ukraine four months earlier and by the extensive disapproval of foreign businesses, which have suspended operations or pulled out entirely, leaving Russian shopping centers pocked with dark, shuttered stores. (AP Photo/Dmitri Lovetsky)
            
              Russian President Vladimir Putin, center, Margarita Simonyan, the head of the Russian television channel RT, left, and Kazakhstan's President Kassym-Jomart Tokayev attend a plenary session of the St. Petersburg International Economic Forum in St.Petersburg, Russia, Friday, June 17, 2022. Russia’s annual event to tout its investment opportunities this year was shadowed by the stern international sanctions imposed on the country after the Kremlin sent troops into Ukraine four months earlier and by the extensive disapproval of foreign businesses, which have suspended operations or pulled out entirely, leaving Russian shopping centers pocked with dark, shuttered stores. (Sergei Bobylev/ Pool via AP)
            
              A participant takes a selfie as Russian President Vladimir Putin speaks at a plenary session of the St. Petersburg International Economic Forum in St.Petersburg, Russia, Friday, June 17, 2022, with the words reading "25 years together". Russia’s annual event to tout its investment opportunities this year was shadowed by the stern international sanctions imposed on the country after the Kremlin sent troops into Ukraine four months earlier and by the extensive disapproval of foreign businesses, which have suspended operations or pulled out entirely, leaving Russian shopping centers pocked with dark, shuttered stores. (AP Photo/Dmitri Lovetsky)
            
              Ekaterina Gordon, Russian TV and radio presenter, singer, and public figure gestures while speaking on the sidelines of the St. Petersburg International Economic Forum in St.Petersburg, Russia, Thursday, June 16, 2022. Russia’s annual event to tout its investment opportunities this year was shadowed by the stern international sanctions imposed on the country after the Kremlin sent troops into Ukraine four months earlier and by the extensive disapproval of foreign businesses, which have suspended operations or pulled out entirely, leaving Russian shopping centers pocked with dark, shuttered stores. (Alexander Ryumin/TASS Host Photo Agency Pool via AP)
            
              An assistant makes up Vitaly Mutko, the chief executive officer of Dom.RF, a state-owned company involved in the mortgage and realty market preparing him for an interview at the St. Petersburg International Economic Forum in St.Petersburg, Russia, Thursday, June 16, 2022. Russia’s annual event to tout its investment opportunities this year was shadowed by the stern international sanctions imposed on the country after the Kremlin sent troops into Ukraine four months earlier and by the extensive disapproval of foreign businesses, which have suspended operations or pulled out entirely, leaving Russian shopping centers pocked with dark, shuttered stores. (AP Photo/Dmitri Lovetsky)
            
              Russian Foreign Ministry spokeswoman Maria Zakharova speaks on the sidelines of the St. Petersburg International Economic Forum in St.Petersburg, Russia, Thursday, June 16, 2022. Russia’s annual event to tout its investment opportunities this year was shadowed by the stern international sanctions imposed on the country after the Kremlin sent troops into Ukraine four months earlier and by the extensive disapproval of foreign businesses, which have suspended operations or pulled out entirely, leaving Russian shopping centers pocked with dark, shuttered stores. (Alexander Demyanchuk/TASS Host Photo Agency Pool via AP)
            
              Participants take selfies as Dunyasha, anthropomorphic female cashier robot serves clients on the sidelines of the St. Petersburg International Economic Forum, in St.Petersburg, Russia, Thursday, June 16, 2022. Russia’s annual event to tout its investment opportunities this year was shadowed by the stern international sanctions imposed on the country after the Kremlin sent troops into Ukraine four months earlier and by the extensive disapproval of foreign businesses, which have suspended operations or pulled out entirely, leaving Russian shopping centers pocked with dark, shuttered stores. (AP Photo/Dmitri Lovetsky)
            
              Governor of the Tula Region Alexei Dyumin, left, and Denis Pushilin, the leader of the Donetsk People's Republic shake hands after signing an agreement on the sidelines of the St. Petersburg International Economic Forum in St.Petersburg, Russia, Thursday, June 16, 2022. Russia’s annual event to tout its investment opportunities this year was shadowed by the stern international sanctions imposed on the country after the Kremlin sent troops into Ukraine four months earlier and by the extensive disapproval of foreign businesses, which have suspended operations or pulled out entirely, leaving Russian shopping centers pocked with dark, shuttered stores. (AP Photo/Dmitri Lovetsky)
            
              Russian Foreign Minister Sergey Lavrov smiles speaking on the sidelines of the St. Petersburg International Economic Forum in St.Petersburg, Russia, Thursday, June 16, 2022. Russia’s annual event to tout its investment opportunities this year was shadowed by the stern international sanctions imposed on the country after the Kremlin sent troops into Ukraine four months earlier and by the extensive disapproval of foreign businesses, which have suspended operations or pulled out entirely, leaving Russian shopping centers pocked with dark, shuttered stores. (Vyacheslav Prokofiev/TASS Host Photo Agency Pool via AP)
            
              Russian pop singer Philipp Kirkorov, center, tests a massage chair at the St. Petersburg International Economic Forum in St.Petersburg, Russia, Wednesday, June 15, 2022. Russia’s annual event to tout its investment opportunities this year was shadowed by the stern international sanctions imposed on the country after the Kremlin sent troops into Ukraine four months earlier and by the extensive disapproval of foreign businesses, which have suspended operations or pulled out entirely, leaving Russian shopping centers pocked with dark, shuttered stores. (AP Photo/Dmitri Lovetsky)
            
              Participants watch Russian President Vladimir Putin's addressing a plenary session of the St. Petersburg International Economic Forum in St.Petersburg, Russia, Friday, June 17, 2022. Russia’s annual event to tout its investment opportunities this year was shadowed by the stern international sanctions imposed on the country after the Kremlin sent troops into Ukraine four months earlier and by the extensive disapproval of foreign businesses, which have suspended operations or pulled out entirely, leaving Russian shopping centers pocked with dark, shuttered stores. (AP Photo/Dmitri Lovetsky)
            
              The head of Russian Central Bank Elvira Nabiulina, center, Russia's Finance Minister Anton Siluanov, right, and Russian Economic Development Minister Maxim Oreshkin attend a session of the St. Petersburg International Economic Forum in St.Petersburg, Russia, Thursday, June 16, 2022. Russia’s annual event to tout its investment opportunities this year was shadowed by the stern international sanctions imposed on the country after the Kremlin sent troops into Ukraine four months earlier and by the extensive disapproval of foreign businesses, which have suspended operations or pulled out entirely, leaving Russian shopping centers pocked with dark, shuttered stores. (AP Photo/Dmitri Lovetsky)
            
              Russian gas monopoly Gazprom head, Alexei Miller gestures while speaking on the sidelines of the St. Petersburg International Economic Forum in St.Petersburg, Russia, Thursday, June 16, 2022. Russia’s annual event to tout its investment opportunities this year was shadowed by the stern international sanctions imposed on the country after the Kremlin sent troops into Ukraine four months earlier and by the extensive disapproval of foreign businesses, which have suspended operations or pulled out entirely, leaving Russian shopping centers pocked with dark, shuttered stores. (Stanislav Krasilnikov/TASS Host Photo Agency Pool via AP)
            
              A participant yawns waiting for Russian President Vladimir Putin speech at a plenary session of the St. Petersburg International Economic Forum in St.Petersburg, Russia, Friday, June 17, 2022. Russia’s annual event to tout its investment opportunities this year was shadowed by the stern international sanctions imposed on the country after the Kremlin sent troops into Ukraine four months earlier and by the extensive disapproval of foreign businesses, which have suspended operations or pulled out entirely, leaving Russian shopping centers pocked with dark, shuttered stores. (AP Photo/Dmitri Lovetsky)
            
              A participant looks at his smartphone waiting for Russian President Vladimir Putin's speech at a plenary session of the St. Petersburg International Economic Forum in St.Petersburg, Russia, Friday, June 17, 2022. Russia’s annual event to tout its investment opportunities this year was shadowed by the stern international sanctions imposed on the country after the Kremlin sent troops into Ukraine four months earlier and by the extensive disapproval of foreign businesses, which have suspended operations or pulled out entirely, leaving Russian shopping centers pocked with dark, shuttered stores. (AP Photo/Dmitri Lovetsky)
            
              The First Vice-Chairman of Afghanistan Chamber of Commerce and Investment Mohammad Younus Momand waits to listen Russian President Vladimir Putin's speech at a plenary session of the St. Petersburg International Economic Forum in St.Petersburg, Russia, Friday, June 17, 2022. Russia’s annual event to tout its investment opportunities this year was shadowed by the stern international sanctions imposed on the country after the Kremlin sent troops into Ukraine four months earlier and by the extensive disapproval of foreign businesses, which have suspended operations or pulled out entirely, leaving Russian shopping centers pocked with dark, shuttered stores. (AP Photo/Dmitri Lovetsky)
            
              Russian President Vladimir Putin, left, Margarita Simonyan, the head of the Russian television channel RT, center, and Kazakhstan's President Kassym-Jomart Tokayev attend a plenary session of the St. Petersburg International Economic Forum in St.Petersburg, Russia, Friday, June 17, 2022. Russia’s annual event to tout its investment opportunities this year was shadowed by the stern international sanctions imposed on the country after the Kremlin sent troops into Ukraine four months earlier and by the extensive disapproval of foreign businesses, which have suspended operations or pulled out entirely, leaving Russian shopping centers pocked with dark, shuttered stores. (AP Photo/Dmitri Lovetsky)
            
              Russian President Vladimir Putin gestures as he addresses a plenary session of the St. Petersburg International Economic Forum in St.Petersburg, Russia, Friday, June 17, 2022. Russia’s annual event to tout its investment opportunities this year was shadowed by the stern international sanctions imposed on the country after the Kremlin sent troops into Ukraine four months earlier and by the extensive disapproval of foreign businesses, which have suspended operations or pulled out entirely, leaving Russian shopping centers pocked with dark, shuttered stores. (AP Photo/Dmitri Lovetsky)
            
              Participants are reflected in the ceiling as they enter a hall at the St. Petersburg International Economic Forum in St.Petersburg, Russia, Wednesday, June 15, 2022. Russia’s annual event to tout its investment opportunities this year was shadowed by the stern international sanctions imposed on the country after the Kremlin sent troops into Ukraine four months earlier and by the extensive disapproval of foreign businesses, which have suspended operations or pulled out entirely, leaving Russian shopping centers pocked with dark, shuttered stores. (AP Photo/Dmitri Lovetsky)
            A participant watches as Russian President Vladimir Putin speaks at a plenary session of the St. Petersburg International Economic Forum in St.Petersburg, Russia, Friday, June 17, 2022. Putin said at Russia's showpiece investment conference Friday that the country's economy will overcome "reckless and insane" sanctions, while condemning the United States for acting like "God's own messengers on planet Earth." (AP Photo/Dmitri Lovetsky)

AP

Republican presidential candidates, former New Jersey Gov. Chris Christie, left, talking with forme...

Associated Press

The GOP debate field was asked about Trump. But most of the stage’s attacks focused on Nikki Haley

The four Republican presidential candidates debating Wednesday night mostly targeted each other instead of Donald Trump.

15 hours ago

Law enforcement officers head into the University of Nevada, Las Vegas, campus after reports of an ...

Associated Press

Police say 3 dead, fourth wounded and shooter also dead in University of Nevada, Las Vegas attack

Police said a suspect was found dead Wednesday as officers responded to an active shooter and reports of multiple victims at UNLV.

17 hours ago

President Joe Biden's son, Hunter Biden, leaves after a court appearance, July 26, 2023, in Wilming...

Associated Press

Republicans threaten contempt proceedings if Hunter Biden refuses to appear for deposition

House Republicans are threatening to hold Hunter Biden in contempt if he does not show up this month for a closed-door deposition.

19 hours ago

Sen. Tommy Tuberville, R-Ala., listens to a question during a news conference, March 30, 2022, in W...

Associated Press

Tuberville is ending blockade of most military nominees, clearing way for hundreds to be approved

Sen. Tommy Tuberville announced Tuesday that he's ending his blockade of hundreds of military promotions, following heavy criticism.

2 days ago

An employee works inside the Hanwha Qcells Solar plant on Oct. 16, 2023, in Dalton, Ga. On Tuesday,...

Associated Press

US job openings fall to lowest level since March 2021 as labor market cools

U.S. employers posted 8.7 million job openings in October, the fewest since March 2021, in a sign that hiring is cooling.

2 days ago

Follow @ktar923...

Sponsored Content by Collins Comfort

Avoid a potential emergency and get your home’s heating and furnace safety checked

With the weather getting colder throughout the Valley, the best time to make sure your heating is all up to date is now. 

Sponsored Articles

...

Dierdre Woodruff

Interest rates may have peaked. Should you buy a CD, high-yield savings account, or a fixed annuity?

Interest rates are the highest they’ve been in decades, and it looks like the Fed has paused hikes. This may be the best time to lock in rates for long-term, low-risk financial products like fixed annuities.

Follow @KTAR923...

West Hunsaker at Morris Hall supports Make-A-Wish Foundation in Arizona

KTAR's Community Spotlight this month focuses on Morris Hall and its commitment to supporting the Make-A-Wish Foundation in Arizona.

...

Midwestern University

Midwestern University: innovating Arizona health care education

Midwestern University’s Glendale Campus near Loop 101 and 59th Avenue is an established leader in health care education and one of Arizona’s largest and most valuable health care resources.

AP PHOTOS: Despite dark times, Russian economic forum shines