Russian News From Russia: August 25th, 2009!

Russian economist says too soon to bury dollar:
There is little hope that any currency will replace the dollar as a reserve currency any time soon.

S.Korea’s first self-launched satellite fails to reach set orbit:
The first satellite launched by South Korea failed to reach its designated orbit pattern on Tuesday.

Rescuers recover two more bodies at Siberian power plant site:
Rescuers recovered on Tuesday another two bodies bringing the death toll to 71 people following a blast at Russia’s largest power station last week.

Russia, Mongolia set up uranium venture:
Russia and Mongolia signed a deal on Tuesday during President Dmitry Medvedev’s visit to the country to set up a joint venture to mine and process uranium.

Drug police in Tatarstan seize 13 kg of heroin:
Drug police in the Russian Volga republic of Tatarstan have seized 13 kg of heroin from a group of Afghan drug dealers, the Russian drug control service said.

Day of mourning in Siberian region in honor of dead firefighters:
Siberia’s Khanty-Mansi Autonomous Area on Tuesday will lower its flag to half mast in memory of those who died in a fire at a north Siberian oil depository, an administration spokesman told RIA Novosti.

Putin pays brief visit to Chechnya:
Russian Prime Minister Vladimir Putin paid a brief unannounced visit to the volatile North Caucasus republic of Chechnya.

TV channel investigates begging as “business” in Moscow subway:
Begging in Moscow’s subway appears to be a well-run business with a hierarchy and average monthly incomes of around $1,300, similar to a Metro driver’s salary, according to a Russian TV report.

Indian army receives first T-90 tanks made under Russian license:
India’s defense industry handed over to the army on Monday the first ten T-90 Bhishma main battle tanks assembled under a Russian license at a domestic plant.

Medvedev hits out at media ‘technological collapse’ reports:
Russia’s president criticized on Monday media reports that claimed a recent fatal accident at a south Siberia hydro-power plant indicated that Russia was on the verge of a technological collapse.

New Su-35 fighter can attack eight targets simultaneously:
The new Sukhoi Su-35 was among the aircraft to make its debut at the MAKS-2009 international air show. The fighter utilizes the newest “electrically operated aircraft” technology.