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Main news of August 10

Main news of August 10

Sputnik International

A roundup of what has happened in the past 24 hours 10.08.2010, Sputnik International

2010-08-10T19:59+0000

2010-08-10T19:59+0000

2010-08-10T19:59+0000

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Main news of August 10

19:59 GMT 10.08.2010

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A roundup of what has happened in the past 24 hours

WORLD

* Russia will complete the formation of a global navigation satellite group by the end of the current year, Prime Minister Vladimir Putin said

* Israeli Defense Minister Ehud Barak took full responsibility for the Israeli raid on a Gaza-bound aid flotilla in May, while testifying before an investigations committee

RUSSIA

* Concentration of carbon monoxide in Moscow's air has abated, however may slightly increase, an expert from the State Environmental Protection Organization Mosekomonitoring said

* Russian Prime Minister Vladimir Putin took part in extinguishing forest fires in Ryazan Province on board an amphibious firefighting airplane

* The Moscow heat has broken the twentieth record for this summer, with temperatures of 32.8 degrees Celsius (91.04 degrees Fahrenheit) registered on Tuesday, the Fobos meteorological center said

* Moscow Mayor Yury Luzhkov should have been in the capital while its residents were suffocating from toxic smog instead of enjoying his summer vacation, a Kremlin source said

* Warships from the Black Sea Naval Group, the Blackseafor, will conduct three-week drills starting on Wednesday, the Russian Black Sea Fleet press service said

* Patches of blue sky were visible in Moscow for the first time since last week, although dozens of wildfires continue to rage outside the capital

* The short term losses for the Russian economy from the heat wave and consequent drought and wild fires may amount to 1% of 2010 GDP, or around $15 billion, analysts told Kommersant business daily

BUSINESS

* Wendy's/Arby's Group, one of the world's leading fast food operators, said it will enter the Russian market in 2011 and open 180 restaurants there over the next 10 years

* Russia may revise its ban on grain exports after October 1, when the size of the harvest volumes becomes clearer, the government said after informing Egypt, Turkey and Israel

* The Russian Grain Union has urged the government to lift a temporary ban on flour exports imposed last week as part of a grain product export ban in response to the country's worst drought in decades, the union's spokesman Anton Shaparin said

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