Putin says U.S. establishment stops Trump from improving ties with Russia and 'invents fake news'

Russian president talked about domestic and foreign affairs in his annual televised phone-in.

In Thursday's phone-in, Putin fielded questions from all corners of Russia for four hours and 16 minutes. The annual event is criticized internationally for being carefully choreographed with questions vetted in advance.

He also boasted about Russia's military capabilities, despite being only the seventh biggest spender and not having the budget of its main"competitors," which he listed as the U.S., the U.K., China and France. He added that despite Russia's"fairly modest military expenditure" it had more military power than other nations."This should spark a feeling of pride and respect among those who work in military construction," he added.

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