POLITICS
Russian Investigative Committee spokesman Vladimir Markin said Russia has sent copies of criminal case materials on the 2008 South Ossetia war to the International Criminal Court in The Hague. Georgia, in turn, wants to bring Russia's leadership to account.
(Kommersant)
Standard & Poor's decision to downgrade the United States credit rating caused a political turmoil in America. Washington admits that the move was an unprecedented blow to the U.S. image.
(Kommersant)
BUSINESS & ECONOMY
Russian stocks followed international markets in a tailspin Monday after a U.S. credit downgrade stoked a huge equity sell-off and talk of a global economic slowdown.
(Moscow Times)
Russia could borrow up to $900 million per year from development banks and $300 million from international financial organizations in 2012-14, the Finance Ministry said in its draft debt policy outline for the period, posted on its web site.
(Moscow Times, Rossiiskaya Gazeta)
Standard & Poor's decision to downgrade the U.S. credit rating to AA+ caused a stampede of investors from risky assets. The leading western indices lost 2.8-5% over the day, while Russia's MICEX and RTS plummeted 5.5-7.7%.
(Kommersant)
The growth of new car sales in Russia dropped to 27% in July from 40% in June.
(Kommersant)
The Finance Ministry warned Russian regions that the volume of federal budget loans they may count on will sharply drop from 2012.
(Vedomosti)
SOCIETY
About 50 masked men attacked a group of about 15 architectural preservationists who tried to stop the demolition of a 19th-century building in downtown Moscow on Monday, activists said.
(Moscow Times)
Russia's Supreme Court drafted a new court practice review that could substantially soften the legal practice.
(Rossiiskaya Gazeta)
WORLD
A Ukrainian judge on Monday rejected requests by former Prime Minister Yulia Tymoshenko's lawyers to free her from police detention during her trial on a charge of abuse of office.
(Moscow Times, Vedomosti)
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