Russian president Vladimir Putin has said that when Peter the Great founded his new capital St Petersburg no European country recognised it as Russia. During a meeting on Thursay with young entrepreneurs in Moscow he said:"Everybody recognized it as Sweden. And Slavic people have always lived there along with Finno-Ugric people, and the territory was under the control of Russian state." Putin also offered a theory that "a country is either sovereign or a colony" and there is nothing in-between. A country is either sovereign or a colony, whatever you want to call that colony. I won't be giving any examples now not to offend anybody, but if a country or a group of countries is incapable of making sovereign decisions, then it's a colony," he said. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to our newest channel Quicktake Explained: https://bit.ly/3iERrup Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake