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Main news of September 2

Main news of September 2

Sputnik International

A roundup of what has happened in the past 24 hours. 02.09.2010, Sputnik International

2010-09-02T19:59+0000

2010-09-02T19:59+0000

2010-09-02T19:59+0000

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Main news of September 2

19:59 GMT 02.09.2010

© RIA NovostiMain news

Main news - Sputnik International

© RIA Novosti

A roundup of what has happened in the past 24 hours.

WORLD

* The presidents of China and Ukraine, Hu Jintao and Viktor Yanukovych, said in Beijing that their countries should raise bilateral relations to a new level

* Russian President Dmitry Medvedev arrived in Azerbaijan for a two-day visit to focus on economic ties, cooperation in the Caspian Region, and the Nagorny Karabakh settlement

* China and Ukraine can cooperate successfully in high technology and other sectors, a Chinese expert said

* Six people were killed and more than 10 were injured when NATO aviation mistakenly attacked an election rally in the country's north, local officials said

* A criminal case has been initiated in Russia against the South Korean company LG Electronics on charges of using illegal software, a leading Russian business daily said

* A Chinese fishing ship sank in the Yellow Sea after it collided with a South Korean vessel, the Chinese Foreign Ministry spokeswoman said

RUSSIA

* There is no threat of food shortages in the wake of Russia's devastating drought, and all price hikes are caused by speculators, President Dmitry Medvedev said

* Russian government agencies must clamp down on food speculators, President Dmitry Medvedev said

* Russia may consider lifting a grain export ban only after harvesting 2011's crops, Prime Minister Vladimir Putin said

* Russian President Dmitry Medvedev arrived in Azerbaijan for a two-day visit to focus on economic ties, cooperation in the Caspian Region, and the Nagorny Karabakh settlement

* Russian news agency RIA Novosti announced the creation of a multimedia Agency of Sports Information

* The head of the Russian North Caucasus republic of Chechnya, Ramzan Kadyrov, is sure the presidents of other republics will follow his example and change their titles, leaving only one president in Russia

* Poland will support a draft agreement on abolishing the visa requirement between Russia and the EU, Russian Foreign Minister Sergei Lavrov said

BUSINESS

* Russia's gas giant Gazprom hopes that Ukraine will continue meeting its obligations under existing gas agreements with Russia, Gazprom Deputy Chairman Andrei Kruglov said

* The Kazakh government is moving to toughen regulation of the banking sector, in particular to limit the influence of shareholders on banks, the financial watchdog said

* Volkswagen expects to expand production in Russia and boost annual sales to 360,000 cars by 2017-18, VW CEO Martin Winterkorn said

* Kazakhstan has approved Canada's Uranium One's sale of a controlling stake to Russian state-owned miner Atomredmetzoloto (ARMZ), the deputy head of the Kazakh Ministry of Industry and New Technologies said

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