Putin says U.S.-led global financial system is 'malfunctioning'

Russian President Putin chairs a Security Council meeting outside Moscow

MOSCOW (Reuters) - Russian President Vladimir Putin said on Thursday that the international financial system created by the United States following World War Two was "malfunctioning."

In a speech in Moscow, the Russian leader criticised the West for imposing economic sanctions and accused it of using the U.S. dollar as a weapon and tool to maintain its hegemony.

(Reporting by Reuters)