Vladimir Putin's presidency lasted from January 2000 until May 2008 and again from 2012. In international affairs, Putin made increasingly critical public statements regarding the foreign policy of the United States and other Western countries. In February 2007, at the annual Munich Conference on Security Policy, he criticised what he called the United States' monopolistic dominance in global relations, and pointed out that the United States displayed an "almost uncontained hyper use of force in international relations". He said the result of it is that "no one feels safe! Because no one can feel that international law is like a stone wall that will protect them. Of course such a policy stimulates an arms race.".