A News Aggregator That Covers The World's Major Wars And Conflicts. Military, Political, And Intelligence News Are Also Covered. Occasionally We Will Have Our Own Opinions Or Observations To Make.
Saturday, April 18, 2009
Russia Rearms
From Time Magazine:
Russia's leaders are getting used to cutting budgets this year. As the country sinks deeper into recession — unemployment, according to some estimates, is as high as 12% and the economy is predicted to shrink by about 4.5% in 2009 — the government is slashing spending at most of its ministries. The Energy Ministry's budget is down by 33%, and that of the Transport Ministry by 30%. But there is one hugely expensive project on which President Dmitri Medvedev has vowed to actually increase spending: transforming Russia's creaking Soviet-era defense industry into a modern technological power, and turning the 1.1-million-man Russian army into a leaner but more effective fighting force.
Read more ....
My Comment: So much for the idea that President Obama's election will change everything .... it clearly has not.
But as to the issue of Russia's rearming itself .... I would not be too concerned. Russia has a long way to go before it can even be a shell of what it once was.

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