Main news of August 7

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RUSSIA

* More than 20 Russian battalions will be equipped with S-400 anti-missile systems by 2015, Yury Baluyevsky, chief of staff of the Russian Armed Forces, said

* The Russian Foreign Ministry said it insisted on an immediate investigation into an alleged infringement of Georgian airspace by Russian fighters in the South Ossetian conflict zone

* The Russian Ambassador to Tbilisi was summoned to the Georgian Foreign Ministry in connectionwith the alleged violation of national airspace by a Russian aircraft

* A Moscow district court issued a warrant "in absentia" for the arrest of Russian fugitive tycoon Boris Berezovsky for the sixth time, a RIA Novosti correspondent reported from the courtroom

* The U.K. has failed to submit evidence that a man accused in late June of planning to assassinate fugitive tycoon Boris Berezovsky is a Russian national, Russia's ambassador in London said

* Russia's Finance Minister Alexei Kudrin warned that money supply, which expanded 51% year-on-year as of August 1, could push inflation beyond the 2007 target level of 8%

* Russia conducted a successful test firing of a submarine-launched ballistic missile from the Pacific Ocean to a target in the Arctic, a Navy spokesman said

* A Russian Proton-M carrier rocket will put a Japanese telecommunications satellite into orbit in September, a leading Russian space company said

* The results of the Russian North Pole mission last week should be central to the country's case for ownership of a vast section of the Arctic, President Vladimir Putin said

WORLD

* Taliban militants proposed that two female South Korean hostages be released in exchange for the same number of Taliban women, currently being held in Afghan prisons, South Korea's Yonhap news agency said

* The British government announced that a second case of foot and mouth disease had been discovered in cattle on a farm close to Guildford, Surrey, where the first outbreak was registered last week

* North Korea expects to receive consumer goods and investment as international aid in exchange for denuclearization, the country's delegation said at six-nation working group talks

* Pakistan's Inter-Services Intelligence (ISI) took into custody terrorist leader Don Dawood Ibrahim, his trusted lieutenant Chhota Shakeel, and the mastermind of the 1993 Mumbai blasts Tiger Memon, the Times of India reported

* Serbia will not recognize Kosovo's independence in exchange for European Union membership, Serbian Ambassador to Russia Stanimir Vukicevic said

* The European Bank for Reconstruction and Development will grant Ukraine 330 million euros (about $460 mln) to secure the Chernobyl nuclear power plant to prevent radioactive leaks, the emergencies ministry said

* Japanese Foreign Minister Taro Aso said Russia should follow an international court ruling to return a Japanese trawler seized in June 2007 in Russia's Far East without delay, Kyodo news agency reported

BUSINESS

* A Moscow arbitration court extended the bankruptcy process of former oil giant Yukos for three months, on the request of the liquidator

* Turkey plans to invest more than $4 billion in South Russia's Krasnodar Territory, where the 2014 Winter Olympic Games will be held, the head of the Turkish-Russian Business Council said

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