Puttin’ Others In Their Places
Russia has decided to increase its Defence Budget in order to protect its territories. President Vladimir Putin has confirmed the news, saying that his country would “knock out the teeth” of enemies who would try to steal parts of the Russian territories.
Speaking at a media conference in Kremlin earlier this week, the Russian strongman claimed that foreign enemies often made attempts to snatch away Russian territories. “Everyone would like to ‘bite’ us somewhere or ‘bite off’ some part of us, but they should know that we knock the teeth out of those who want to do that, so they can’t bite,” he stressed. President Putin also said that his administration allocated more than RUB 3 trillion (or USD 41 billion) for the Defence Sector in 2021 alone.

According to the President, the Russian Armed Forces have made a steady progress in recent times, ensuring the safety of his countrymen. The Kremlin has also modernised its military. It may be noted that Russia is still the largest country in the world in terms of area, despite losing one-third of its territory due to the collapse of the erstwhile Soviet Union.
Meanwhile, security chiefs of Russia and the US have planned to meet in Europe in the coming weeks. Without revealing sources, the Kommersant daily has reported that Secretary of the Russian Security Council Nikolay Patrushev and US National Security Adviser Jake Sullivan would discuss about a proposed summit between Russian President Vladimir Putin and his US counterpart Joe Biden in the month of June. US Secretary of State Antony Blinken held talks with Russian Foreign Minister Sergei Lavrov in Iceland later on May 19, as they discussed various aspects of bilateral ties.

Diplomatic ties between Moscow and Washington DC touched a new low (since Cold War) in March after President Biden stated that he thought President Putin was a “killer“… this reported remark by the US President prompted Moscow to recall its ambassador to Washington DC for consultations. In April, the US President imposed fresh sanctions against Russia, stating that there was still room for the two countries to work together. However, President Putin expressed a different view, as he said that it would be not so easy…

In its latest report published on April 26, 2021, Stockholm International Peace Research Institute (SIPRI) stated that the total Global Military Expenditure rose to USD 1981 billion in 2020, an increase of 2.6% in real terms from 2019. According to the SIPRI report, the five biggest spenders in 2020, which together accounted for 62% of global military expenditure, were the US, China, India, Russia and the UK. Military spending by China grew for the 26th consecutive year.
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