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Main news of January 26

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A roundup of what has happened in the past 24 hours

WORLD

* Iran should convince the world community in the peaceful nature of its nuclear program, Russian President Dmitry Medvedev said

* The international community should unite to combat terrorism and its socio-economic roots, Russian President Dmitry Medvedev said at the annual World Economic Forum in Davos

* The EU has no legal grounds for imposing sanctions against Belarus over the violent clamp-down on riots following elections in December, the Chairman of the Belarusian Constitutional Court said

* The upper house of the Russian parliament, the Federation Council, ratified a new strategic arms reduction treaty between Russia and the United States

RUSSIA

* Russia will not hold any talks with terrorists, Russian Prime Minister Vladimir Putin said in the wake of a deadly terrorist attack in Moscow's Domodedovo International Airport

* The Russian Justice Ministry has rejected a party registration request filed by notorious nationalist leader Eduard Limonov, a ministry spokesman said

* Russian President Dmitry Medvedev sacked a federal transportation security chief in the wake of a terrorist attack on Moscow's Domodedovo airport

* A total of 116 people are still in hospital following Monday's terrorist attack on Moscow's Domodedovo International Airport, an emergencies official said

 

* President Dmitry Medvedev said Russian political parties should compete to prevent authoritarian or totalitarian tendencies from developing

* Russian President Dmitry Medvedev in an interview with the Vedomosti business daily criticized the country's judicial system, in particular harsh punishments for economic crimes

BUSINESS

* Russia does not plan to impose any special taxes in the financial sector, Russian President Dmitry Medvedev said at the annual World Economic Forum in Davos, Switzerland

* Russia will establish a special fund involving foreign investors in the near future, President Dmitry Medvedev said at the annual World Economic Forum in Davos, Switzerland

* Until a new model of growth is found, economic development will move slower than we would like, Russian President Dmitry Medvedev said in his speech at the World Economic Forum in Davos, Switzerland

* Russian President Dmitry Medvedev proposed including currencies of rapidly developing BRIC economies (Brazil, Russia, India and China) into the International Monetary Fund (IMF)'s special drawing rights

* Russian and British leading oil companies Rosneft and BP signed a framework agreement on strategic partnership on the sidelines of the annual global economic forum in Davos

* Fugitive telecoms entrepreneur Yevgeny Chichvarkin, whose abduction charges in Russia earlier this week were dropped, said however his return home was highly unlikely

* The Ukrainian government has drawn up plans to invest $25 billion in projects to modernize the country's economy in the next three years, Ukrainian Prime Minister Mykola Azarov said

* Russian mobile operator VimpelCom may sell two tranches of Eurobonds worth up to $2 billion, a banking source said

* Russia's economy cannot grow solely on the vast reserves of oil and natural gas it has

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