MOSCOW, May 14. /TASS/. Russia is determined to keep building up its strategic nuclear forces; the US looks to China for leverage over Iran; and the global economy loses $200 bln in the past year due to political turbulence. These stories topped Thursday’s newspaper headlines across Russia.

Russia will continue to develop missiles that can dodge any air defense systems, President Vladimir Putin said during a visit to the Moscow Institute of Thermal Technology. Experts point out that the process of upgrading Russia’s strategic forces has reached its final phase, Izvestia writes.

Today, the Moscow Institute of Thermal Technology’s research forms the backbone of Russia’s nuclear triad, experts say. The Topol, Topol-M, Yars and Bulava strategic nuclear missiles were all developed here. Given the current geopolitical situation, the development of cutting-edge defense technology is one of Russia’s key priorities, experts stress.

"The process of upgrading Russia’s Strategic Missile Forces has entered its final phase. The acclaimed Topol system, which had been at the core of the mobile group since the mid-1980s, officially went out of service two years ago. It was replaced by next-generation weapons such as the Topol-M and Yars. These are the most advanced ground-launched solid-fuel intercontinental missiles out there today," military expert Dmitry Kornev said.