Russian Inauguration Ceremony - Editor's Choice - Picture of the Day - May 7, 2012.
New Russian President Vladimir Putin (L) and former president Dmitry Medvedev watch honor guards marching during an inauguration ceremony in Cathedral Square at the Kremlin in Moscow, May 7, 2012. Putin, 59, has ruled Russia since 2000, first as president and then during the past four years as prime minister. The new, now six-year term will keep him in power until 2018, with the option of running for a fourth term. Medvedev, who served as Russia’s president for the past four years as Putin’s junior partner, wrapped up his term with a short speech at the inauguration ceremony. Putin was expected to formally nominate Medvedev as his prime minister on Tuesday. (REUTERS/Alexander Zemlianichenko)