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Russia says it will retaliate amid claims of new arms race

The BBC reports that in a speech Friday, Russian President Vladimir Putin spoke of Russia's goals for the future amid growing concern of a new arms race. Moscow feels that its concerns on security have been ignored by Western countries and NATO and will have to pursue new military technologies to keep up.

"In effect, we are forced to retaliate...Russia has and always will have a response to these new challenges," Putin said, as quoted by Reuters.

Russia's main concern is with the United States' missile defense shield which will soon be included in Central European countries such as Poland and the Czech Republic.

In response Russia has began to strengthening its military force and has resumed naval exercises in such areas as the Mediterranean sea and the Atlantic ocean. In his speech, Putin also made reference to developing new nuclear-capable missiles.