RUSSIA-PUTINRussia is developing an array of new nuclear and conventional weapons to counter recent moves by the U.S. and NATO, but will carefully weigh the costs to avoid overburdening its economy, President Vladimir Putin said Wednesday. He said Russia has no intention to launch a new arms race, but will respond to all security challenges. Russia carried out a successful test of its new Bulava intercontinental nuclear missile on Wednesday and the head of its naval forces said the country will perform two more test launches in October and November. The 12-metre long Bulava, or mace, has undergone numerous tests, some of which have failed, causing setbacks for the project that aims to be the cornerstone of Russia’s nuclear arsenal over the next decade. Addressing a Kremlin meeting on weapons modernization plans, Putin said the West shouldn’t be surprised about Moscow’s efforts in view of U.S. missile defence plans and other decisions he said have threatened Russia’s security. More