Mr. Medvedev aged 42 years sworn in as the new president of Russia. After demolition of Soviet Union he is elected as the third president of Russia.  He also created a record he is the youngest president of Russia in the history of 114 years. He assured to protect economic and civil rights of citizens of his country.
The Ex. president Mr. Vladimir Putin has been elected as Prime Minister of Russia. 392 of 450 members of Russian Parliament Duma voted in favor of Mr. Putin. 56 members of Communist Party are voted against Mr. Putin. In his address to Duma, he assured to control inflation below 10% and to reduce taxes.