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Main news of October 1

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RUSSIA * Russian President Dmitry Medvedev confirmed the country's commitment to pull out troops from buffer zones in Georgia on schedule and dismissed the... 01.10.2008, Sputnik International

2008-10-01T18:22+0000

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Main news of October 1

18:22 GMT 01.10.2008

RUSSIA

* Russian President Dmitry Medvedev confirmed the country's commitment to pull out troops from buffer zones in Georgia on schedule and dismissed the possibility of a new Cold War or "any kind of war" with the United States

* Russian Prime Minister Vladimir Putin said the United States failed to take adequate steps in response to the global financial crisis

* The Russian government plans to spend an additional 80 billion rubles ($3.1 bln) on arms procurement and the deployment of troops in 2009, the prime minister said

* Russia's top court ruled "to exonerate" the country's last tsar and his family, executed by the Bolsheviks in 1918, as victims of political repression

* NATO bases in Ukraine and Georgia, if deployed, would threaten Russia's strategic military and economic infrastructure, the Russian Security Council secretary said

* The secretary of the Russian Security Council said the Arctic is strategically important to Russia and the country must protect its interests in the region

* Russian warships, currently on a long-range sortie that will bring them to the Caribbean in November, will enter the Mediterranean Sea on October 5 and make several port calls in the region, the Navy said

* The Russian Navy said that no force would be used against pirates who seized a Ukrainian ship off the Somali coast last week, unless 'absolutely necessary'

* Several countries have shown an interest in purchasing Russia's advanced Iskander-E short-range ballistic missile systems, state arms exporter Rosoboronexport said

* Russia launched a converted intercontinental ballistic missile from a rocket launch site the south Urals to put a Thai earth observation satellite into orbit, the Strategic Missile Forces said

WORLD

* Unarmed European Union observers in Georgia began their monitoring of a ceasefire between Moscow and Tbilisi

* Ukrainian President Viktor Yushchenko said that the bilateral Treaty on Friendship, Cooperation and Partnership with Russia signed in May 1997 had been extended for 10 years

* Ukrainian Prime Minister Yulia Tymoshenko said that her party would accept every condition of its partners to form a new coalition amid growing fears over the dissolution of Ukraine's parliament

* U.S. nuclear envoy Christopher Hill began a visit to North Korea, reportedly bringing a new proposal for Pyongyang on a plan to verify its denuclearization efforts

* Iran's envoy to the IAEA said his country would continue its cooperation with the UN nuclear watchdog, expecting the agency to work within its jurisdiction

BUSINESS

* Russia's government will provide up to 175 billion rubles ($6.8 billion) in extra funds in 2009 to support the domestic financial market against the backdrop of the global slump, the prime minister said

* Russia's three main state-controlled lenders - Sberbank, VTB and Gazprombank - have agreed to maintain credit on the interbank market at a minimum of 60 billion rubles ($2.4 billion), the Central Bank said

* The average world price for Russia's Urals oil blend rose $23.22 per barrel year-on-year in September to $97, Russia's Finance Ministry said