May 18, Russian President Dmitry Medvedev, says the United States faces a new Cold War if it continues to push its “missile shield” across eastern Europe.

Medvedev says Russia will have no choice but to increase spending on its military, especially nuclear weapons: “We would then be talking about developing the offensive potential of our nuclear capabilities. This would be a very bad scenario.”

The U.S. has repeatedly said the missile shield system is aimed at Iran, but it’s very suspicious that most European countries that have agreed to host the U.S. system, are in eastern Europe facing Russia.