| October 2008 |
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Russia and Iceland have concluded the first round of talks on a 4 billion euro ($5.4 billion) loan to help the Nordic country through its financial difficulties, the Russian Finance Ministry said Wednesday. 
International talks in Geneva on the recent Russia-Georgia armed conflict were suspended on Wednesday over "procedural difficulties," and will resume on November 18, a European Union diplomat said.

The incumbent Azerbaijani president, Ilham Aliyev, has gained 80.5% of the vote in presidential elections, according to exit polls on Wednesday. 
Russia and the EU should cooperate to bring cyber offenders to justice, the Russian interior minister said on Wednesday. 
The International Court of Justice obliged Russia and Georgia on Wednesday to adopt temporary measures to protect the rights of the Georgian, South Ossetian and Abkhaz populations.

International talks on the recent Russia-Georgia armed conflict were suspended on Wednesday over "procedural difficulties," and will resume on November 18, a European Union diplomat said. 
The International Court of Justice obliged Russia and Georgia on Wednesday to adopt temporary measures to protect the rights of the Georgian, South Ossetian and Abkhaz populations. 
A Ukrainian opposition party said on Wednesday it had started a fundraising campaign to raise the $8 million ransom demanded by Somali pirates for the release of the MK Faina vessel and its crew. 
Georgia accused the Russian military on Wednesday of violating Georgian airspace, while Russia's Air Force denied the allegation. 
The current global financial crisis is payback for the West's "crimes" and "aggressive" policies, Iran's president said on Wednesday. 
Chinese authorities are to carry out blanket checks of all milk products produced before September 14, the Xinhua news agency said on Wednesday. 
Russia and Venezuela may finalize within a month a deal for a large number of BMP-3 infantry fighting vehicles, a senior executive at Russia's arms export monopoly said Wednesday. 
The world's eight largest industrialized nations will gather for an emergency summit later this year to tackle the current global credit crunch, German Chancellor Angela Merkel said on Wednesday. 
Lower obligatory reserve requirements for Russian banks, due to come into effect on Wednesday, will unlock 100 billion rubles ($3.8 billion), the Central Bank said. 
A criminal case has been opened against members of the Ukrainian prime minister's bloc over allegations they put pressure on a Kiev court, considering a presidential appeal, to block early elections. 



