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President Putin's inauguration

Vladimir Putin has been in inaugurated as Russia's new president in a glittering ceremony at the Kremlin.

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Medvedev sacks Russia navy chief on last day as president

President Dmitry Medvedev has dismissed the head of Russia's accident-prone navy on his last full day in office Credit: Reuters

President Dmitry Medvedev has dismissed the head of Russia's accident-prone navy and named a new air force chief on his last full day in office as he prepares to take the No. 2 post under Vladimir Putin.

Medvedev, who is on track to become prime minister after Putin returns to the presidency on Monday for a six-year term, has replaced the heads of the army, navy and air force in the past two weeks.

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