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Abkhazia asks Russia to recognise its independence

SUKHUMI, Georgia, Oct 18 (Reuters) The parliament of Georgia's breakaway region of Abkhazia today made the first official request for Russia to recognise its independence.

''We ask the government of Abkhazia to call on the Russian Federation ... and international organisations and the international community to start the process of recognition of an independent Republic of Abkhazia,'' the petition read.

Abkhazia broke away from Georgia after a war in 1992-93, but so far no nation has recognised it. Georgia, in a crisis with Russia, accuses Moscow of backing Abkhaz separatists.

Moscow has never officially suggested it could recognise the independence of the breakaway Black Sea province, where the majority of its population carry Russian passports.

However, Russian officials have said that if the Serbian province of Kosovo is granted independence, similar requests from Abkhazia, another breakaway Georgian region of South Ossetia and Moldova's separatist Transdniestria province could get stronger legitimacy.

Exactly a week ago, pro-Moscow Transdniestria appealed to other ex-Soviet states, including Russia, to recognise its independence. Russia has not reacted to the Transdniestrian appeal.

Reuters AB RN1843

SAfrica bill for 2010 World Cup soars to 1.5 billion dollar

JOHANNESBURG, Oct 18 (Reuters) South Africa's projected bill for hosting the 2010 World Cup has ballooned to more than 1.59 billion dollar. Figures released by the organising committee today put the cost of stadiums at 1.1 billion dollar, transport at 486 million and broadcasting at 52.5 million dollar. When South Africa won the bid in 2004 to become the first African hosts of the tournament, estimates put the total cost at 2.3 billion rand. The.....

Sensex index dips 25 pts amid mixed trend in pivotal counters

Mumbai, Oct 18: Sensex edged lower for the second day in a row today, a leading broker said. The barometer index declined today amid a mixed trend in pivotals. The 30-share BSE Sensex lost 25.35 points (0.2 per cent), to settle at 12,858.48. The BSE Sensex recovered after having lost over 50 points in mid-afternoon trade following disappointing Q2 results from Bajaj Auto. Earlier, the market was range-bound during mid-morning and early afternoon trade. The.....

National Fertilizers Q2 net down 45.56 pc

Mumbai, Oct 18 (UNI) National Fertilizers Ltd has posted a net profit of Rs 25.61 crore for the quarter ended September 30, 2006, as compared to Rs 47.05 crore for the quarter ended September 30, 2005, reflecting a decline of 45.56 per cent. Announcing the results, the company said its total income has decreased from Rs 1085.07 crore for the quarter ended September 30, 2005, to Rs 1082.10 crore for the quarter ended September.....
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