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Main news of September 17

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RUSSIA * Russian President Dmitry Medvedev said that the use of Arctic resources was central to the country's energy security * Russia intends... 17.09.2008, Sputnik International

2008-09-17T18:11+0000

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Main news of September 17

18:11 GMT 17.09.2008

RUSSIA

* Russian President Dmitry Medvedev said that the use of Arctic resources was central to the country's energy security

* Russia intends to share its space technology with Cuba, and has begun discussions on building a space center in the country, the Russian space agency said

* Ten militants were killed in a counter-terrorist operation in southern Daghestan, an Federal Security Service source said

WORLD

* Russia signed friendship and cooperation treaties with South Ossetia and Abkhazia, promising them military and economic support

* Russia successfully reestablished military-technical cooperation with African countries, which saw a decline after the collapse of the Soviet Union, the head of Russia's state arms exporter said

* Russia's NATO envoy Dmitry Rogozin said:

- Georgia would be an ideal bridgehead for a U.S. invasion of Iran

- Russian warships will continue patrolling waters off the coast of Abkhazia until all U.S. ships leave the Black Sea

* Ukrainian Prime Minister Yulia Tymoshenko sharply criticized the pro-Western president for damaging the country's relations with Russia

* At least 16 people were killed in a car bomb attack on the U.S. Embassy in Yemen, national media reported

* The UN secretary general said he is deeply concerned by the negative impact that the U.S. financial crisis could have on the global economy

BUSINESS

* Russia's Finance Ministry announced measures to inject liquidity into the banking sector as Russian exchanges suspended trading after stocks plummeted amid an ongoing global credit crisis

* Five of the largest Russian oil companies want to set up a consortium to boost operations in Latin American countries, a deputy prime minister said

* Moody's downgraded the long-term foreign currency and local currency deposit ratings of Russian investment bank KIT Finance from B2 to Caa2, the international rating agency said

* Russia's largest diamond producer Alrosa sold diamonds worth more than $15 million at a special international auction, the auction's organizers said