Morning re-cap of main news, January 25

* Ukraine has no plans to purchase a stake in RosUkrEnergo due to a shortage of money, Ukrainian Prime Minister Yuriy Yekhanurov said

// Jan. 26, 2006 - 05:32 GMT


Russia hopes to join WTO by end of 2006 - Gref

DAVOS, January 26 (RIA Novosti, Yekaterina Andrianova)-Russia is counting on joining the World Trade Organization by the end of this year, the economic and trade minister said Thursday.

// Jan. 26, 2006 - 06:15 GMT


Russian Inventor Patents Invisibility Cloak

A Russian professor Oleg Gadomsky has patented a method of making things invisible and promises to create a Harry Potter's invisibility cloak soon.

// Jan. 26, 2006 - 06:17 GMT


Sharapova Out of Australian Open Final

Russian tennis star Maria Sharapova has lost to Justine Henin-Hardenne of Belgium in the Australian Open semifinals. Hardenne beat Sharapova 4–6, 6–1, 6–4 Thursday to advance to the final. Thus, for Russia the Australian Open is over.

// Jan. 26, 2006 - 06:30 GMT


Criminal case launched against senior Defense Ministry official

MOSCOW, January 26 (RIA Novosti) – Military prosecutors said Thursday that they had opened a criminal case against the head of the Russian Defense Ministry's central procurement department on January 25.

// Jan. 26, 2006 - 06:42 GMT


Russia, Ukraine fail to agree on joint gas venture - Naftogaz

KIEV/MOSCOW, January 26 (RIA Novosti) – Russia and Ukraine have failed to reach an agreement on the terms of a joint venture to handle natural gas supplies, according to the head of Ukrainian national gas company Naftogaz.

// Jan. 26, 2006 - 07:21 GMT


Russia hopes to join WTO by end of 2006 - Gref

DAVOS, January 26 (RIA Novosti, Yekaterina Andrianova)-Russia is counting on joining the World Trade Organization by the end of this year, the economic and trade minister said Thursday.

// Jan. 26, 2006 - 08:03 GMT


Finance Ministry submits draft on Stabilization Fund

MOSCOW, January 26 (RIA Novosti) – The Finance Ministry has submitted a draft resolution to the government on managing Stabilization Fund money, a ministry source said Thursday.

// Jan. 26, 2006 - 08:05 GMT


Russia Expects to Join WTO by Year-End - Economy Minister

Russia is counting on joining the World Trade Organization by the end of 2006, the country's Economy Minister German Gref said on Thursday, Jan. 26.

// Jan. 26, 2006 - 08:10 GMT


Russian Gas Supply Shortages Force Europe to Cut Industrial Production

Bitter cold and bitter price fight between Russia and Ukraine have led to a fall in supplies of Russian natural gas to European costumers. As a result, certain European nations, such as Romania, Italy and Ukraine itself, have been forced to consider cuts in industrial production.

// Jan. 26, 2006 - 08:15 GMT