Main News of January 26

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A roundup of what has happened in the past 24 hours

WORLD

*Russia accounts for 26.6 percent of cases pending at the European Court for Human Rights (ECHR), a larger share than any other country, the international court’s president Nicolas Bratza said.

*Russia is freezing indefinitely its $300-million support line for the breakaway Moldovan province of Transdnestr after a Kremlin candidate lost the vote in the region.
*The Polish Supreme Audit Office (NIK) has found numerous violations in the organization of flights for top officials in the Polish Armed Forces between 2005 and 2010, Gazeta Wyborcza reported.

*Moscow does not see any signs of instability in North Korea a month after the death of North Korean leader Kim Jong Il, Russian Foreign Minister Sergei Lavrov said.

 

RUSSIA

*Billionaire presidential candidate Mikhail Prokhorov reported some 115 billion rubles ($3.7 billion) in income over the last four years, Russia’s Central Electoral Commission said.

*Billionaire presidential candidate Mikhail Prokhorov has proposed holding a referendum on whether to move Russian Bolshevik leader Vladimir Lenin from the mausoleum on Red Square where his carefully preserved remains are currently located.

*The city of Moscow has authorized three more rallies for February 4, the same day the opposition will hold a 50,000-strong rally against vote fraud in December parliamentary elections on Bolotnaya Square in downtown Moscow, Deputy Mayor Alexander Gorbenko said.

 

BUSINESS

*Share prices of Russian precious metals miner Polymetal and gold producer Polyus surged in London trading on news that the companies’ billionaire owners were considering merging their gold assets to create the world's ninth-biggest gold producer.

*Russia should orient its monetary policy more strongly toward fighting consumer price inflation, the International Monetary Fund's Senior Resident Representative in Russia Odd Per Brekk said.

*Russia plans to start investing some of its foreign currency reserves into the Australian dollar from February to diversify its international holdings amid global market volatility, Central Bank First Deputy Chairman Alexei Ulyukayev said.

 

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