The transition of Russian commercial banks to the international accounting standards is to be completed on January 1, 2004, said Sergei Ignatiev, the Russian Central Bank's chairman, speaking at the 12th congress of the Russian Banking Association. Not only banks, but also non-credit organizations are to carry out the transition, he said. In this context a new law on accounting will be adopted and the necessary amendments to the Central Bank's legal documents will be made, said Ignatiev. He paid special attention to the strengthening of banking control. This issue will be one of the priorities for the Central Bank, he said, pointing out that "the Central Bank still cannot estimate the financial state of banks correctly".
The Russian Defence Ministry acknowledged that the Americans treat Russian military men in Syria with respect. The Americans always warn Russia accordingly, but not Israel
After the incident with the shootdown of the Ilyushin Il-20 reconnaissance aircraft over the Mediterranean Sea, Russia will supply an S-300 anti-aircraft missile system to Syria
Indeed, how dare they run US-independent policy? They should have followed the example of the European Union that turned independent states of the Old World into US-ditto entities