Morning re-cap of main news, October 17

* Russia's Interior Ministry and the Financial Intelligence Service have uncovered a criminal group that laundered over 200 billion rubles ($7.5 billion), $390 million and 66 million euros, the ministry said

// Oct. 18, 2006 - 04:24 GMT


Russia, NATO Should Be Prepared to Face Threats Together - Defense Minister

The armed forces of Russia and NATO should be prepared for a joint response to threats in various parts of the globe, Russian Deputy Prime Minister and Defense Minister Sergei Ivanov has said.

// Oct. 18, 2006 - 05:37 GMT


Deployment of U.S. Missile Defense in Europe Is Threat to Russia - Military Chief

A top Russian general said his country would view the planned deployment of U.S. missile defense components in eastern and central Europe as a security threat and take retaliatory measures.

// Oct. 18, 2006 - 05:37 GMT


Joint U.S.-Russia Military Exercise Postponed Till 2007

The U.S.-Russian military training exercise scheduled for earlier this fall but postponed by Russia at the last-minute will not take place in 2006, U.S. military spokesmen in Europe says.

// Oct. 18, 2006 - 05:44 GMT


Russia's Kamchatka hit by 230 tremors in one day

MOSCOW, October 18 (RIA Novosti) – A total of 230 minor quakes have been registered over the past 24 hours near the most active volcano on the Kamchatka peninsular in Russia's Far East, local seismologists said Wednesday.

// Oct. 18, 2006 - 05:51 GMT


Russian Nuclear Project in Iran to Be Exemption in UN Blockade

To dissuade Moscow from blocking UN action against Iran, Russia would be permitted to work on a nuclear reactor in Iran even if the UN Security Council imposes sanctions on Tehran for its nuclear program.

// Oct. 18, 2006 - 05:54 GMT


Russian Club Sues NHL in U.S. Court for Stealing Players

Russian club Lokomotiv Yaroslavl has filed a lawsuit in U.S. federal court against the NHL, the Calgary Flames and the Edmonton Oilers.

// Oct. 18, 2006 - 05:58 GMT


Two militants killed in South Russia's Daghestan

MAKHACHKALA, October 18 (RIA Novosti) – Two suspected militants were killed early Wednesday in a special operation in Russia's North Caucasus republic of Daghestan, local police said.

// Oct. 18, 2006 - 06:00 GMT


RUXX investment index set to open 0.13% up

MOSCOW, October 18 (RIA Novosti) – Russia's investment index will open Wednesday at 675.48 points, up 0.13% on the previous day's trading, following Tuesday evening's sessions on major world trading floors.

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


Russian Music Download Website Hits Back at U.S. with Accusations

Russian music download site allofmp3.com insisted it was a legitimate business and said U.S. accusations of piracy were merely an excuse to keep Russia out of the World Trade Organisation.

// Oct. 18, 2006 - 07:31 GMT