Morning re-cap of main news, October 12

* Russia's environmental protection agency will investigate the compliance of the country's largest crude producer LUKoil with environmental regulations during its operations in the Republic of Komi in the northwest Urals, the agency's press service said

// Oct. 13, 2006 - 04:25 GMT


Russia's Stabilization Fund to double in 2006 - minister

BEIJING, October 13 (RIA Novosti) – Russia's Stabilization Fund, established in 2004 to accumulate country's windfall oil revenues, will increase by 112% in 2006, to $93.3 billion, the Russian Finance Minister said Friday.

// Oct. 13, 2006 - 05:03 GMT


Mobile comm. relay station attacked in North Caucasus

NAZRAN, October 13 (RIA Novosti) – A group of unidentified assailants opened fire on a mobile communications relay station in the North Caucasus republic of Ingushetia, a local police source said Friday.

// Oct. 13, 2006 - 05:23 GMT


Russian Marines

// Oct. 13, 2006 - 05:36 GMT


Russia's fixed capital investment to grow 28% in 2006 - minister

BEIJING, October 13 (RIA Novosti) – Russia's fixed capital investment will increase by 28% in 2006, to $158.5 billion, and rise to $264.9 billion by 2009, the Russian Finance Minister said Friday.

// Oct. 13, 2006 - 05:52 GMT


Russia Urges UN to Vote on Georgia, Breakaway Abkhazia Province

Russia formally introduced a draft resolution in the Security Council urging Georgia to withdraw troops perceived as threatening the breakaway province of Abkhazia and said it hoped for a vote Friday.

// Oct. 13, 2006 - 05:54 GMT


Arrest warrant issued in Megafon embezzlement case

MOSCOW, October 13 (RIA Novosti) – Moscow prosecutors said Friday they have issued an international arrest warrant for a U.S. citizen accused of embezzling $40 million from Bermuda-based investment fund IPOC, intended for the purchase of a stake in Russian mobile operator Megafon.

// Oct. 13, 2006 - 06:16 GMT


UN Near Compromise on N.Korea Sanctions As Russia, U.S. Agree on Georgia

The U.N. Security Council moved closer Thursday night to agreement on a resolution that would impose an arms embargo and broad financial sanctions on North Korea in response to its claimed nuclear test, according to senior U.S. and European diplomats.

// Oct. 13, 2006 - 06:18 GMT


RUXX investment index set to open 0.24% down

MOSCOW, October 13 (RIA Novosti) – Russia's investment index will open Friday at 659.37 points, down 0.24% on the previous day's trading, following Thursday evening's sessions on major world trading floors.

// Oct. 13, 2006 - 06:25 GMT


Russian monetary base up $746 mln in week

MOSCOW, October 13 (RIA Novosti) – Russia's Central Bank said Friday that the country's narrowly defined money supply (M1) was 2,726.1 billion rubles ($101.2 bln at the current exchange rate) as of October 9, up 20.1 billion rubles ($746 mln) in the week since October 2.

// Oct. 13, 2006 - 06:34 GMT