CoinWorld News reports that on June 23rd, local time, Russian President Vladimir Putin delivered a speech at the Kremlin, condemning Western countries for constantly hyping Russia's military threat. He stated that Western countries are now openly discussing preparations to go to war with Russia and are continuously increasing military budgets aimed at enhancing offensive capabilities to justify their massive military spending and aggressive militarization policies. Putin said that Russia is always ready to respond swiftly and appropriately to any external or internal threats. After the speech, he also mentioned that although Western countries have not yet taken action from their own territories against Russia, all of them understand that such actions would trigger retaliatory strikes.