April 8, 2008 By James Kimer

RA’s Daily Russia News Blast – April 8, 2008

blast040808.jpgToday: The race for global position technology, Sergei Storchak emerges in court, Russia sends the first Korean to space, dividing the Ukraine, a question about missiles, and a wave of hate crimes. Today the Financial Times reports that a new three way space race between the European Union, Russia, and the United States is “taking off” as competitors to the GPS, Glonass and Galileo, made separate announcements to speed up their projects. The Russian system, built by the state-owned company OAO Information Satellite Systems, plans to launch 18 satellites for domestic coverage this year, and 24 satellites for global coverage next year. The former Deputy Finance Minister Sergei Storchak, who has been held in prison under pre-trial detention under embezzlement charges since November, appeared in court today to hear that his ruling will be delayed until July. “We will definitely appeal today’s decision,’ Storchak’s lawyer, Marina Nikolskaya, told Reuters. “The prosecution did not put forward a single argument in favour of keeping Storchak behind bars.” The investigator leading the Storchak probe is himself under investigation.