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Main News of August 27

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A roundup of what has happened in the past 24 hours 27.08.2013, Sputnik International

2013-08-27T20:36+0000

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Main News of August 27

20:36 GMT 27.08.2013

A roundup of what has happened in the past 24 hours

WORLD

* Russian potash producer Uralkali’s board chairman, Alexander Voloshin, on Tuesday demanded that Belarus release the Russian fertilizer firm’s CEO, who had been detained in a case some Russian experts claim is political

RUSSIA

* An array of large-scale contracts have been signed on the first day of the MAKS-2013 airshow, just outside Moscow

* State support is crucial for Russia’s modern aircraft industry, Prime Minister Dmitry Medvedev said

* Syria’s ruling regime will continue to fight the armed opposition even if a foreign military power intervenes, the Syrian foreign minister said

* Russian military prosecutors have uncovered yet another property scam by former senior Defense Ministry officials involving assets worth 5.8 billion rubles ($175 million), the Prosecutor General’s Office said

POLITICS

* Russia’s top diplomat disagreed with his US counterpart in a phone conversation about the situation in Syria, the Russian Foreign Ministry reported

BUSINESS

* A judge has ordered US banking giant JPMorgan Chase & Co. to pay Ukrainian-American billionaire Len Blavatnik $42.5 million dollars plus interest to compensate losses from risky investments in breach of contract, US media reported

* The Economic Development Ministry has revised downward its GDP growth forecast for the second half of the current year to 2 percent, Deputy Economic Development Minister Andrei Klepach said

CRIME

* A Moscow District Court ordered a State Duma lawmaker Tuesday to pay 2.728 million rubles ($82,776) to the Skolkovo Foundation, Russia's high-tech development center, over payments allegedly improperly made to him by one of its official