Russia to adjust arms spending as US activates missile defence site: Putin

Russian President Vladimir Putin (second from left) inspects military vehicles after a meeting with military and defence industries' officials in Sochi, Russia, on May 12, 2016.
Russian President Vladimir Putin (second from left) inspects military vehicles after a meeting with military and defence industries' officials in Sochi, Russia, on May 12, 2016.PHOTO: REUTERS

SOCHI, Russia (Reuters) - A US ballistic missile defence site which has entered service in Europe threatens global security and is a step to a new arms race, Russian President Vladimir Putin said on Friday (May 13), vowing to adjust budget spending to neutralise its threats to Russia.

The United States switched on an US$800 million (S$1.1 billion) missile shield in Romania on Thursday that it sees as vital to defend itself and Europe from so-called rogue states but the Kremlin says is aimed at blunting its own nuclear arsenal.