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Main News of December 26

Main News of December 26

Sputnik International

A roundup of what has happened in the past 24 hours 26.12.2012, Sputnik International

2012-12-26T19:59+0000

2012-12-26T19:59+0000

2012-12-26T19:59+0000

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Main News of December 26

19:59 GMT 26.12.2012

© RIA NovostiMain news

Main news - Sputnik International

© RIA Novosti

A roundup of what has happened in the past 24 hours

WORLD

* US President Barack Obama will cut short his Christmas vacation in Hawaii and return to Washington ahead of a looming deadline to avert the so-called “fiscal cliff” of more than $500 billion in automatic tax increases and spending cuts set to kick in Jan. 1

* The Ukrainian TV network Rada announced its readiness to pay broadcasting fees to boxing-champion-cum-lawmaker Vitali Klitschko if he participates in the fistfights that periodically break out in the nation’s parliament

RUSSIA

* Russia’s upper house of parliament unanimously approved a controversial law that would ban US nationals from adopting Russian children

* Russia will restart production of railway-based intercontinental ballistic missiles (ICBM), with prototypes to be deployed by 2020, a senior Russian defense industry official said

* Next year the Russian Air Force will abandon its gray camouflage coloring and use several new color patterns for its warplanes, a source in the Russian defense ministry said

* The controversial film Innocence of Muslims has been included in Russia’s official register of extremist materials, the Justice Ministry said

BUSINESS

* Russian Helicopters holding and India’s Elcom Systems Pvt Limited have signed an agreement to set up a joint venture to assemble Russian Mil and Kamov helicopters in India, the Russian holding said

* Russian space rocket corporation Energia head Vitaly Lopota rejected as a “non-market” measure the idea of establishing an engine holding company in the domestic space industry.

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