| December 2006 |
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Russia's rotating presidency of the Group of Eight industrialized nations has been one of the principal events of the outgoing year, the Foreign Ministry said Monday. 
Russia sees no alternative to a resumption of six-party talks on North Korea's nuclear problem, the Russian Foreign Ministry said Monday. 
Inflation in Russia in 2006 will not exceed 9%, the Finance Ministry said Monday.
"Core inflation will total no more than 7.8%, as compared to 8.3% in 2005," the ministry said on its Web site. 
Thirteen people have been killed in a traffic accident in the republic of Kabardino-Balkaria in Russia's North Caucasus, a law enforcement officer said Monday. 
One gunman has been killed and two detained in a special operation in Russia's republic of Karachayevo-Circassia in the North Caucasus, a police spokesman said Monday. 
Rosneft [RTS: ROSN] said it increased its oil production by 8.2% and natural gas production by 4.2% in 2006 year-on-year. 
At least 11 people have been killed in a traffic accident in the republic of Kabardino-Balkaria in Russia's North Caucasus, a spokesman for the Ministry of Emergency Situations said Monday. 
Russia's state-run retail savings bank Sberbank and foreign trade bank Vneshtorgbank (VTB) will decide on dates to hold an initial public offering (IPO) depending on the market situation, the finance minister said Monday. 
The UN Security Council resolution on Iran, adopted Saturday, fully reflects Russia's economic interests and keeps in force all the contracts signed earlier, the foreign minister said Monday. 
A special operation to apprehend suspected militants in Russia's republic of Karachayevo-Circassia in North Caucasus has ended, a police spokesman Monday. 
India has ordered 300 modernized T-90 main battle tanks from Russia, an Indian television channel said Monday. 
Russia's Air Force will receive six modernized Su-25SM Frogfoot attack aircraft at an aircraft repair plant in the Moscow Region December 27, the chief Air Force spokesman said Monday. 



