Morning re-cap of main news, July 15

* Inspectors from the UN nuclear watchdog who arrived in Pyongyang Saturday will verify the shutdown by North Korea of its nuclear reactor, Christopher Hill, the top U.S. nuclear envoy, said

// Jul. 16, 2007 - 04:28 GMT


U.S. economic and energy under secretary of state to visit Moscow

WASHINGTON, July 16 (RIA Novosti) – A senior U.S. State Department official will travel to Moscow and Paris July 16–20 where he will meet with political and private sector leaders to discuss energy security, financial stability, trade, the G8 and the investment climate, the State Department announced in a press release.

// Jul. 16, 2007 - 05:02 GMT


RUXX investment index set to open 0.49% up

MOSCOW, July 16 (RIA Novosti) – Russia's investment index will open Monday at 824.29 points, up 0.49% following Friday evening's sessions on major world trading floors.

// Jul. 16, 2007 - 06:04 GMT


Banks' correspondent accounts with CBR decline 4.7%

MOSCOW, July 16 (RIA Novosti) – Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 451.6 billion rubles ($17.7 billion at the current exchange rates) at the beginning of the business day, down 4.7% from Friday, the CBR said Monday.

// Jul. 16, 2007 - 06:14 GMT


Olmert to meet Abbas over Fatah, Hamas standoff - local media

TEL AVIV, July 16 (RIA Novosti) – Israeli Prime Minister Ehud Olmert and Palestinian National Authority (PNA) Chairman Mahmoud Abbas will meet in Jerusalem Monday to discuss practical steps to end the standoff with Islamist extremists in the Palestinian territories, local media reported.

// Jul. 16, 2007 - 06:22 GMT


U.K. could expel Russian diplomats in Lugovoi standoff - paper

LONDON/MOSCOW, July 16 (RIA Novosti) – The U.K. could expel a number of Russian diplomats following Moscow's refusal to extradite businessman Andrei Lugovoi, the main suspect in the murder of former security officer Alexander Litvinenko, a respected British paper said Monday.

// Jul. 16, 2007 - 06:32 GMT


Rosneft oil and gas condensate output up 15% in 1H07

MOSCOW, July 16 (RIA Novosti) – Russia's state-controlled oil giant Rosneft [RTS: ROSN] said Monday its oil and gas condensate output had grown by an estimated 14.6%, year-on-year, in the first half of 2007, to 44.5 million metric tons.

// Jul. 16, 2007 - 06:53 GMT


At least four killed, over 400 injured in powerful Japan quake

TOKYO, July 16 (RIA Novosti) – A powerful earthquake that hit Japan's largest island, Honshu, Monday killed at least four people, injured more than 400, and caused massive destruction of housing and a fire at a nuclear power plant.

// Jul. 16, 2007 - 06:54 GMT


Russia will build floating nuclear power plants

MOSCOW. (RIA Novosti commentator Tatyana Sinitsyna) – Since 2006, Sevmash, the main company of the Russian State Nuclear Shipbuilding Center, has been working to complete a floating nuclear power plant in northern Russia that will be launched in 2010 and moored in a nearby harbor.

// Jul. 16, 2007 - 07:11 GMT


Osama bin Laden surfaces online. Video

// Jul. 16, 2007 - 07:37 GMT