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Main news of September 29

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A roundup of what has happened in the past 24 hours

WORLD

* North Korea vowed to strengthen its nuclear forces due to the threat posed by the United States

* Russia believes that diplomatic negotiations are the only way to settle the tensions surrounding Iran's nuclear program, Russia's envoy to the UN said

* A new monument to former Soviet President Mikhail Gorbachev, former U.S. President George Bush Senior and former German Chancellor Helmut Kohl was unveiled in Berlin

RUSSIA

* Moscow-based company Orbital Technologies announced sky-high plans to launch an orbiting hotel in space by 2015-2016

* Yury Luzhkov said he will not appeal to the Russian Supreme Court against the presidential decree removing him as Moscow mayor despite earlier reports that he planned to do so

* Antonov An-148 short-haul passenger aircraft break down too often, the only Russian carrier using the planes said on Wednesday, dealing a blow to the manufacturer's hopes for the plane

* The Russian capital's nascent business center, Moscow City, will be up and running by 2012, acting mayor Vladimir Resin said

* Independent Russian magazine The New Times published a copy of a letter  apparently written by sacked Moscow Mayor Yury Luzhkov to Russian president Dmitry Medvedev a day before he was dismissed

BUSINESS

* Fitch Ratings has placed the ratings of Bank of Moscow, including its Long-term Issuer Default Rating (IDR) of BBB-, on Rating Watch Negative (RWN), the international ratings agency said

* Polymetal, one of Russia's largest gold and silver producers, wants to place shares abroad to increase liquidity and simplify investor access, Kommersant business daily said

CRIME

* Security operations carried out in the southern Russian republic of Dagestan on Wednesday that killed 15 militants prevented two large-scale terrorist attacks, Russia's National Antiterrorism Committee said

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