The Moscow-Damascus passenger jet grounded by Turkey carried technical elements for Syrian air defense radars, which did not require special reporting.
The incident with a Moscow-Damascus jet forced down by Turkey has led the relations between Syria and Turkey to a crisis, but experts believe war may still be avoided.
ECONOMY & BUSINESS
Moscow has become a business angel: the Russian capital’s authorities and private investors will inject money into innovation projects.
The government is hammering out a policy to help local production of short-haul foreign passenger aircraft, as plans are afoot for the assembly of Czech and Canadian models.
(The Moscow Times)
It is feasible for oil company TNK-BP to hold an initial public offering in three or four months, several sources close to the company and its shareholders said.
(The Moscow Times)
Russian Prime Minister Dmitry Medvedev is ready to listen to advice from the former finance minister, Alexei Kudrin, whom he fired a year ago following a row over budget issues including rising defense spending. Medvedev and Kudrin will meet at a dinner on Sunday to discuss the course of reforms in the country.
Ruling United Russia party members have drafted a bill toughening regulations for foreigners who violated registration rules at least once.
Thirty-two Russian nationals are currently undergoing the required procedures in Finland to have their children returned to them.
The State Duma, the lower house of parliament, plans to toughen responsibility for drunk driving and introduce higher fines for speeding and talking on mobile phones during driving.
OIL & GAS
Russian oil company Rosneft is considering the construction of a 700-km (435-mile) oil pipeline from Mozambique to Zimbabwe.
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