Putin approves big revamp of Russia's navy, Kremlin aide says
The strategy aims to restore the country's position as a leading maritime power. PHOTO: REUTERS
MOSCOW - Russian President Vladimir Putin has approved a new naval strategy which aims to fully restore Russia's position as one of the world's leading maritime powers, Kremlin aide Nikolai Patrushev said in an interview published on June 9.
Russia has the world's third most powerful navy after China and the US, according to most public rankings, though the navy has suffered a series of high-profile losses in the Ukraine war.
Mr Patrushev, a former KGB officer who served with Mr Putin in the northern Russian city of St Petersburg during Soviet times, said the new naval strategy - entitled "The Strategy for the Development of the Russian Navy up to 2050" - had been approved by Mr Putin in late May.
"Russia's position as one of the world's greatest maritime powers is gradually recovering," Mr Patrushev told the Argumenti i Fakti newspaper in an interview.
"It is impossible to carry out such work without a long-term vision of the scenarios for the development of the situation in the oceans, the evolution of challenges and threats, and, of course, without defining the goals and objectives facing the Russian Navy," Mr Patrushev said.
Mr Patrushev gave no further details about the strategy, though Russia has ramped up spending on defence and security to Cold War levels as a percentage of gross domestic product.
A US Department of Defence report said in 2021 that China had the largest navy in the world and that Beijing's overall battle force is expected to grow to 460 ships by 2030.
Open source data suggests Russia has 79 submarines, including 14 nuclear powered ballistic missile submarines, as well as 222 warships. It's main fleet is the Northern Fleet headquartered in Severomorsk on the Barents Sea. REUTERS
Join ST's Telegram channel and get the latest breaking news delivered to you.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Straits Times
11 minutes ago
- Straits Times
Argentine leader Milei licking his chops ahead of October elections
FILE PHOTO: A demonstrator gestures as members of the women's movement Ni Una Menos \"Not one (woman) less\", health care workers and social organizations join the weekly protest of pensioners against Argentine President Javier Milei's austerity policies, outside the National Congress, in Buenos Aires, Argentina June 4, 2025. REUTERS/Alessia Maccioni/File Photo FILE PHOTO: Argentina's President Javier Milei reacts onstage at the Libertad Avanza party headquarters on the day of the legislative elections of the city of Buenos Aires, Argentina, May 18, 2025. REUTERS/Tomas Cuesta/File Photo BUENOS AIRES - Argentina's firebrand right-wing President Javier Milei has largely tamed runaway inflation with a ruthless austerity plan and he aims to solidify power when his party and its allies take on a divided opposition in legislative elections in October. The trash-tweeting, shaggy-haired economist, who famously handed tech billionaire Elon Musk a chainsaw at an event in Washington earlier this year, has overseen a steady dollar-peso peg but relies on legislative allies in Congress to pass his agenda. Many of the changes he has implemented have been through presidential decrees, like his ideological ally, U.S. President Donald Trump, who called Milei his favorite president. Voters will choose about half the seats in the lower chamber of Argentina's Congress and a third of the upper Senate on October 26. A big victory would not give Milei a legislative majority, but it would offer him leverage to make deals to sell off government-owned companies, cut social spending, change tax and labor policy and embrace social conservatism. That plan is in stark contrast to the program of the parties that are the ideological descendants of General Juan Peron, who ruled the country from 1946-1955 and 1973-1974, and his wife Evita. Their governments nationalized industries, unveiled pro-labor policies and rolled out social programs including free health care. The economic stability spurred by Milei, who took power in late 2023 and quickly slashed spending as part of a shock therapy program to pull the South American country out of a deep crisis, has not translated into across-the-board improvements. Prices of basic goods like jeans and tennis shoes are reportedly double what they are in other parts of the Americas. Pensioners continue to protest the cost of living, and anger over the relatively poor salaries of healthcare workers at a respected pediatric hospital has turned into a months-long saga. Nearly 40% of Argentines remain in poverty, and many of them reject Milei's policies. "I'm not a Peronist, but I'll vote for them because I'd vote for anyone before Milei," said Jorge, a 42-year-old "cartonero" who collects cardboard for recycling, an extremely poor living. The man, who declined to give his last name, said one of his four children was treated at the pediatric hospital where staff are protesting. Posing another threat to Milei's popularity is the possibility that he may in coming months have to further tighten economic policy to meet the terms of a $20 billion International Monetary Fund loan that has boosted Argentina's reputation among investors, whose dollars the country desperately needs. 'RUPTURE IS INEVITABLE' Up for grabs in the election is the vast province surrounding the capital, Buenos Aires, which is the geographic heart of Peronism and home to 40% of the country's voters. A government source told reporters Milei has vowed to defeat Peronist Governor Axel Kicillof there. Milei's candidate unexpectedly placed first in a recent Buenos Aires local election, and consulting firm Observatorio Electoral shows Milei's Libertad Avanza party with a slim 37%-36% advantage over the center-left Peronists. Nationally, 42% of voters favor Milei against 23% for the Peronists. Beating the standard-bearers of Juan Peron's legacy would have seemed impossible a few years ago, but with inflation down to a projected 30% this year, from 118% last year, and Milei credited with cutting corruption, some voters are ready to give the political firebrand more power. "I'll vote for Milei again because he's achieved a degree of normality in the economy," said Federico Segovia, a 22-year-old university student who blamed the last Peronist president, Alberto Fernandez, for leaving the economy in disastrous shape. A recent survey by the consulting firm Synopsis found that the share of those who viewed Milei positively rose to 43.4% in May from 40.9% in April. Perhaps the biggest wind in Milei's sails comes from the power struggle that has pitted Kicillof and his one-time mentor, former President Cristina Fernandez de Kirchner. Kicillof, who served as economy minister in Fernandez de Kirchner's government from 2013 to 2015, is expected to run for president in the 2027 election. "The rupture is inevitable," a Peronist source told Reuters. The two opposition politicians are still debating whether they will join forces for the congressional elections. "If there is no agreement for the legislative elections and Peronism is divided, La Libertad Avanza will win the elections in the province of Buenos Aires," the source said. Milei, meanwhile, has patched over divisions with his closest ideological neighbor, agreeing to offer a combined list of candidates with the center-right PRO party. The Peronists make up the largest party in Congress and have dozens of governors and mayors across the country. Observatorio Electoral pollster Julio Burdman, however, thinks that power base won't be enough to stop Milei's forces. "The ruling party has all the conditions" to win the most votes, he said. "I can't imagine any other result." REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.

Straits Times
11 minutes ago
- Straits Times
Malaysia to introduce revised sales tax, expand services tax from July 1
A sales tax rate of 5 to 10 per cent will be imposed on non-essential and luxury goods, while the services tax will be expanded to include several sectors. PHOTO: AFP KUALA LUMPUR - Malaysia will revise its sales tax rate and also widen the scope of its services tax from July 1, the finance ministry said on June 9, as the government looks to boost its revenue and strengthen its fiscal position. A sales tax rate of 5 to 10 per cent will be imposed on non-essential and luxury goods, such as king crab, salmon, imported fruits, racing bicycles, and antique artworks, the ministry said in a statement. The services tax will be expanded to include property rentals or leasing, construction, financial services, private healthcare, education and beauty services, it said. 'This measure aims to strengthen the country's fiscal position by increasing revenue and broadening the tax base to improve the quality of the social safety net without burdening a majority of the people,' the ministry said. Prime Minister Anwar Ibrahim had said during the government's budget announcement last October that the sales and services tax would be progressively expanded. The expansion of the tax was delayed from its initial implementation in May amid concerns from businesses. The Federation of Malaysian Manufacturers had in April urged the government to defer the expansion of the scope of the tax, in light of tariff and global trade uncertainties that it said could raise operating costs this year. The finance ministry said there will be selected exemptions for the tax to avoid double taxation and to ensure that Malaysian nationals were not taxed for certain essential services. Penalties against companies for non-compliance with the tax's legal requirements will not be imposed until December 31, the ministry added. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.

Straits Times
25 minutes ago
- Straits Times
Canada to announce new security and defence investment plan, Globe and Mail reports
FILE PHOTO: Canada's Prime Minister Mark Carney speaks during Question Period in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada May 28, 2025. REUTERS/Blair Gable/File Photo Canada to announce new security and defence investment plan, Globe and Mail reports Canadian Prime Minister Mark Carney will unveil a new security and defence investment plan on Monday that would enable Canada to meet NATO's 2% military spending target this fiscal year, the Globe and Mail reported, citing two senior government sources. The spending increase, worth billions of dollars, will allow Canada to meet NATO's 2% target in the fiscal year ending next March and exceed it in future years, the report said. NATO's current defence spending goal of at least 2% of GDP is met by 22 of its 32 members. Canada was near the bottom of the list in 2024, according to estimates published by the alliance. The plan will include higher pay for members of the Canadian Armed Forces, new aircraft, armed vehicles, ammunition, new drones and more sensors to monitor the sea floor and the Arctic, the Globe and Mail said. Reuters could not immediately confirm the report. The Prime Minister's Office did not immediately respond to a request for comment outside regular business hours. The spending announcement would come days before a June 24-25 summit of NATO leaders. Reuters reported last month that NATO chief Mark Rutte had proposed alliance members should boost defence spending to 3.5% of GDP and commit a further 1.5% to broader security-related spending to meet U.S. President Donald Trump's demand for a 5% target. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.