| October 2008 |
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Crude oil fell below $70 on New York's stock exchange the NYMEX on Thursday after the U.S. said oil reserves had drastically increased prompting OPEC to call an emergency meeting for October 24. 
A Russian shipyard said on Thursday it would complete the construction of the second of three missile frigates for the Indian Navy by March 2009. 
Russian President Dmitry Medvedev dismissed the governor of the Far Eastern Amur Region after a little more than a year in the post, the Kremlin press office said on Thursday. 
Russia's military spending will reach 1.3 trillion rubles ($50 billion) in 2009, Deputy Prime Minister Sergei Ivanov said on Thursday. 
President Dmitry Medvedev urged the Russian government Thursday to take drastic antitrust measures to curb high aircraft fuel prices. 
Russia's prime minister has instructed the state nuclear corporation Rosatom to draw up a long-term plan for the development of the country's nuclear-powered ice-breaker fleet, a spokesman said on Thursday. 
Russia's leading stock exchange RTS finished trading on Thursday with its index showing big losses on negative news from global stock markets. 
The Parliamentary Assembly of the Russia-Belarus Union State approved the 2009 budget in its first reading in Moscow on Thursday. 
Russia's environmental regulator will complete its inspection of a TNK-BP subsidiary's adherence to the Kovykta gas deposit license agreement by late October, the natural resources minister said on Thursday. 
Russian President Dmitry Medvedev urged the government Thursday to take whatever measures are necessary to maintain economic growth and keep the economy stable amid the ongoing global financial crisis. 
Over 200 applications have been lodged to the European Court of Human Rights on behalf of South Ossetians in the last few days, head of the Moscow Human Rights Bureau said Thursday. 
Russian analysts say Democratic candidate Barack Obama is likely to defeat Republican rival John McCain in the United States presidential election set for November 4. 
The speaker of Russia's upper house of parliament said on Thursday that Russia could resume a naval presence in Yemen. 



