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 October 19, 2007
 
And they're doing it with our money and after the billions we spent helping them to dismantle and secure their nuclear arsenal...

President Vladimir Putin said Russia has "grandiose plans" to continue the country's largest military build-up since the end of the Cold War.

"We have plans, not simply big, but grandiose plans," Putin said today in his annual call-in television program with Russians spread across 11 time zones." And they are completely realizable." Putin was responding to a question from soldiers stationed at a military base in Plesetk, site of a successful launch of an intercontinental ballistic missile earlier today.

Russia, the world's biggest energy supplier, last year earmarked 6 trillion rubles ($240 billion) for military spending through 2015 as Putin uses revenue from high commodity prices to restore the country's might.

– Bloomberg



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