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Main news of May 4

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A roundup of what has happened in the past 24 hours

WORLD

* Iranian President Mahmoud Ahmadinejad has said his country was ready to play a "constructive and positive" role in breaking the stalemate over the nuclear fuel swap deal, Iran's Press TV reported

* Russia is counting on Iran to show "additional flexibility" regarding a proposed nuclear fuel exchange, a Russian deputy foreign minister said

* Kyrgyzstan's interim government stripped ousted Kurmanbek Bakiyev of presidential immunity and instructed the country's top prosecutors to have him extradited to the republic

* A proposed merger between the two largest gas companies of Russia and Ukraine has caused a surge of criticism among the Ukrainian opposition, the Russian press said

RUSSIA

* Including Russian Prime Minister Vladimir Putin among the Reporters Without Borders (RSF) list of the world's "predators of press freedom" is totally wrong, his spokesman said

* Russia's richest woman, Yelena Baturina, earned 31 billion rubles ($1 billion) in 2009, but spent almost all of it to pay down the debts of her Inteko company, the firm said

 

BUSINESS

* Transneft will spend some 323 billion rubles ($11 bln) to build the second stage of the East Siberia - Pacific Ocean (ESPO) oil pipeline, the head of the pipeline operator said

* Bulgaria has put on hold construction of its second nuclear power plant until it finds a new investor to complete the project, Prime Minister Boyko Borisov said, the daily 24Casa reported

* The Russian government will withdraw six air carriers from the state-owned hi-tech corporation Russian Technologies (Rostekhnologii) to invest in the leading Russian air carrier Aeroflot aiming to increase its capitalization, a business daily quoted a Russian Economy Ministry official as saying

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