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Putin presides over show of army might

Newly-inaugurated President Vladimir Putin on Wednesday presided over Russia's annual display of military power as thousands of troops marched across Red Square to mark victory in World War II.

Two days after Putin's swearing-in, over 14,000 servicemen paraded across the famous cobbles accompanied by nuclear-capable missiles to commemorate the 67th anniversary of the Soviet victory over Nazi Germany in World War II.

Putin watched from the stands alongside his new Prime Minister and former president Dmitry Medvedev, who had been confirmed in his post just the day earlier to cement a job swap scheme first announced in September. 'Sixty-seven years ago Nazism was crushed, a terrible and cynical force, Putin said in a speech from a tribune beside the Lenin Mausoleum, from on top of which Soviet leaders viewed the parade.

The last Soviet leader, Mikhail Gorbachev, was among those watching the parade.

In rousing rhetoric, Putin reinforced Russia's key role in winning World War II and argued that this gave it a 'moral right' to stick up for its position in international relations on Wednesday. 'Russia consistently carries out a politics of strengthening security in the world and we have a great moral right to stand up for our positions in a principled and determined way,' he said.

'Because it was our country that took on itself the chief onslaught of Nazism and met it with heroic resistance, went through the harshest trials, defined the outcome of the war,' he said.


'Russia needs new defence plan'

Effective system of placement and implementation of state defence orders will be established once new Russian government is forged, the new Prime Minister Dmitry Medvedev said on Tuesday.

'We should build system of placement and implementation of state defence orders as well as a system that will control the money expenditures; this system should be really efficient,' said Medvedev when lawmakers were discussing his candidacy for the post of prime minister. 'I believe, we should take this into account when forging a new government.'

Speaking about state defence orders, Medvedev emphasised that proper disposition of funds was one of the most important issues.

'We have quite enough money - 20 trillion rubles ($666 billion) that should be investe d in producing new weapons,' he said.
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