| 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. 
The incumbent Azerbaijani president, Ilham Aliyev, has gained 89.04% of the vote in presidential elections, with some 70% of the ballot counted, the South Caucasus country's top election official 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. 
An international donor conference to raise funds to help rebuild Georgia's damaged infrastructure following a five-day conflict will be held in Brussels on October 22, the European Commission said on Thursday. 
A U.S. guided missile destroyer will dock Friday in the Georgian Black Sea port of Poti for a goodwill visit, the U.S. Embassy in Tbilisi said Thursday. 
In a major turnaround, Ukraine's prime minister said on Thursday she was ready to accept any conditions set by the president and his team to salvage the ruling coalition and avoid early parliamentary elections. 
A UK newspaper group apologized Thursday to seven friends of Madeleine McCann's parents and agreed to pay them 375,000 pounds ($646,000) for articles saying they lied about the girl's disappearance. 
The Parliamentary Assembly of the Russia-Belarus Union State approved the 2009 budget in its first reading in Moscow 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. 
Ukraine's Cabinet of Ministers has approved state budget amendments to disburse funding for early parliamentary elections, the country's defense minister said Thursday. 
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. 



