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  • *Cbank now sees GDP shrinking 1.5 pct- vice governor. *Expects rebound with 3 percent growth in 2013. BELGRADE, Oct 10- Serbia's ailing economy will shrink faster than previously thought this year, weighed down by poor harvests caused by a long drought, the vice governor of its central bank said on Wednesday.

  • MOSCOW, Oct 10- Russia ran a budget surplus of 635.8 billion roubles, or 1.4 percent of gross domestic product, in the first nine months of the year, the Finance Ministry said on Wednesday, citing preliminary data. The figure is calculated on the basis of cash transferred to budget funds recipients.

  • *Russia and Iran will not give up on Assad for now. Posted on the Facebook page of President Bashar al-Assad of Syria, it shows the first lady Asma, dressed in jeans and a t-shirt, accompanying her daughter and three sons on their first day back at school. Russia and Iran continue to back Damascus.

  • SpaceX cargo ship reaches International Space Station Wednesday, 10 Oct 2012 | 9:07 AM ET

    CAPE CANAVERAL, Fla., Oct 10- Astronauts aboard the International Space Station plucked a commercial cargo ship from orbit on Wednesday, a key maneuver in the first U.S. supply run to the orbital outpost since the retirement of the cargo-hauling space shuttles last year.

  • Oct 10-=============================================================================== Summary analysis-- Ural Bank for Reconstruction and Development-- 10- Oct-2012=============================================================================== CREDIT RATING: B/Stable/B Country: Russia Primary SIC: Commercial banks, nec=============================================================================== Credit Rating History: Local currency Foreign currency 15- Dec-2011 B/B B/B 07- Mar-2007 B-/C B-/C=============================================================================== Ratings Score Snapshot Issuer Credit Rating B/Stable/B SACP b Anchor bb Business Position Moderate Capital and Earnings Weak Risk Position Moderate Funding and Liquidity Average and Adequate Support 0 GRE Support 0 Group Support 0 Sovereign Support 0 Additional Factors 0 Outlook.

  • *Gazprom already ships 1.6 million tonnes of LNG a year to KOGAS. MOSCOW, Oct 9- Gazprom said on Tuesday it has signed an agreement to sell liquefied natural gas to Korea Gas Corporation, as it strengthens its position in Asian markets.

  • PRAGUE, Oct 10- The Russian bidder for the contract to enlarge Czech CEZ's Temelin nuclear power plant on Wednesday ruled out linking its bid with French company Areva, which was disqualified from the tender last week.

  • TEXT-Fitch affirms Arcelik at 'BB+' Wednesday, 10 Oct 2012 | 8:14 AM ET

    Oct 10- This announcement corrects the version published earlier today which incorrectly stated Arcelik's National Long-term rating. Fitch Ratings has affirmed Arcelik A.S.' s.

  • TEXT-Fitch affirms JSC Acron at 'B+';outlook stable Wednesday, 10 Oct 2012 | 8:13 AM ET

    Oct 10- Fitch Ratings has affirmed JSC Acron's Long-term foreign and local currency Issuer Default Ratings at' B+'.

  • Oct 10- Standard& Poor's Ratings Services said today that it had assigned its' BBB-' long-term issue rating to the proposed senior unsecured notes to be issued by Turkish beverage group Anadolu Efes Biracilik ve Malt Sanayii AS.

  • Russian consumer prices up 0.2 pct in latest week Wednesday, 10 Oct 2012 | 8:00 AM ET

    MOSCOW, Oct 10- Russia's consumer prices rose 0.2 percent in the week to Oct 8 after rising 0.1 percent in the previous week, the Federal Statistics Service said on Wednesday. Rising inflation in Russia is concerning policymakers, with annual inflation in September running at 6.6 percent, above the central bank's 6 percent target for the year.

  • UPDATE 1-Russia sees strong demand for 10yr OFZ bonds Wednesday, 10 Oct 2012 | 7:35 AM ET

    MOSCOW, Oct 10- Russia placed almost all the offer of treasury bonds at auction on Wednesday, with strong foreign interest and one bid coming from a large state bank covering nearly 50 percent of demand, three market sources said. The Russian Finance Ministry sold 34.2 billion roubles of 10- year OFZ treasury bonds.

  • GRAPHIC on MSCI emerging index performance 2012:. GRAPHIC on MSCI emerging Europe performance 2012:. GRAPHIC on MSCI frontier index performance 2012,.

  • MOSCOW, Oct 10- Gazprom Neft, the oil arm of Russia's top natural gas producer Gazprom, is still interested in Kurdistan's oil, a Gazprom Neft source said, rebutting reports it had frozen projects in the Iraqi province.

  • NEW DELHI, Oct 10- Russia delayed delivery of a trouble-plagued aircraft carrier for at least a year on Friday, a blow to India's efforts to quickly build up naval strength as increasingly assertive Asian rival China expands its maritime reach.

  • PRESS DIGEST - RUSSIA - Oct 10 Wednesday, 10 Oct 2012 | 6:22 AM ET

    MOSCOW, Oct 10- The following are some of the leading stories in Russia's newspapers on Wednesday. -Russia's Defense Minister Anatoly Serdyukov introduced a draft law providing for the establishment of a military police, the daily writes.

  • UPDATE 1-Putin backs BP's sale plan for TNK-BP - FT Wednesday, 10 Oct 2012 | 5:56 AM ET

    LONDON/ MOSCOW, Oct 10- Russian president Vladimir Putin backs BP's plan to sell its 50 percent stake in TNK-BP to state oil group Rosneft, the Financial Times reported on Wednesday, citing an interview with Rosneft Chief Executive Igor Sechin.

  • Russia's MDMG London IPO order books covered-sources Wednesday, 10 Oct 2012 | 5:15 AM ET

    MOSCOW/ LONDON, Oct 10- Order books are covered on the $300 million London listing of Russia's MD Medical Group, according to three sources close to the deal.

  • Russia sees strong demand for 10yr OFZ bonds Wednesday, 10 Oct 2012 | 5:11 AM ET

    MOSCOW, Oct 10- The Russian Finance Ministry sold 34.2 billion roubles of 10- year OFZ treasury bonds. Russia's Finance Ministry plans to auction 335 billion roubles in OFZ treasury bonds during the fourth quarter of 2012..

  • NEW DELHI, Oct 10- Russia delayed delivery of a trouble-plagued aircraft carrier for at least a year on Friday, a blow to India's efforts to quickly build up naval strength as increasingly assertive Asian rival China expands its maritime reach.