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Main news of November 15

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RUSSIA

* Russia will invite international monitors to the 2008 presidential elections, the foreign minister said

* Russia's Foreign Ministry dismissed Georgia's early presidential elections set for January 5 as a deceptive maneuver designed to keep the current leadership in power

* Russia's foreign minister confirmed that the country will impose a moratorium on application of the Conventional Armed Forces in Europe (CFE) Treaty on December 12

* Russia's presidency of the Barents Euro-Arctic Council (BEAC) will focus on sustainable development, environmental protection and the support of indigenous peoples, Foreign Minister Sergei Lavrov said

* The Union of Right Forces, a Russian opposition party, demanded that the president be denied the right to run in next month's parliamentary vote, saying his position gives him significant advantages

* Fuel oil that flowed from a split tanker into a strait between the Black and Azov seas four days ago may reach the Azov within the next 24 hours, weather experts said

* Forming a state monopoly to produce and sell alcohol could provoke a rise in bootlegging of spirits, Russia's Finance Ministry said

* OSCE Parliamentary Assembly President Goran Lennmarker, called on Russia to increase the number of international observers at the country's parliamentary elections due December 2

* Russia has completed a pullout of military personnel and equipment from a Soviet-era base in Batumi, Georgia, an aide to the chief of the Russian Ground Forces said

* Almost 96,000 polling stations have been set up in Russia for the December 2 elections to the State Duma, the lower house of parliament, the Central Election Commission said

* A senior police official in Russia's southern republic of Ingushetia has died in hospital after being seriously wounded in an ambush, a local police source said

WORLD

* Pakistani President Pervez Musharaff intends to resign as commander-in-chief before the start of December, the country's prosecutor general said

* South and North Korea have agreed in principle to open a cross-border railroad for regular cargo service this year, the Yonhap news agency quoted a South Korean official as saying

* Iranian President Mahmoud Ahmadinejad highly praised the latest UN nuclear watchdog's report on Tehran's controversial nuclear program

* Venezuela's President Hugo Chavez said his country would pursue a peaceful nuclear program 

* The new Ukrainian parliament will gather for its first session since early elections in September on November 23, a spokesman for the pro-Russian Party of Regions said

* At least two children were killed during violent clashes between protesters and police in the southern Pakistan city of Karachi, local media said

* Estonia's government decided to set up a commission on joining the adapted Conventional Armed Forces in Europe (CFE) Treaty before Russia's moratorium comes in force on December 12

* Two Palestinian gunmen crew were killed and five injured, one critically, after Israeli military opened fire on their car in north Gaza, local radio said

* At least two people have been killed and more than 100 injured in a major earthquake in north Chile

* A 29 year-old Russian music teacher has given birth to five girls 14 weeks premature at a maternity clinic in Oxford, southern England, British media said

* The European Court of Human Rights has ruled that Russia pay 172,000 euros ($252,840) in compensation payments to Khabatai Khamidov from Chechnya, the court said

* Belarus's Foreign Ministry handed over a formal note of protest to the U.S. ambassador to the country over sanctions against state-owned petrochemical company Belneftekhim

BUSINESS

* Inflation in Russia in 2007 could exceed 11%, the director of the Economic Development and Trade Ministry's macroeconomic forecasting department said

* The management of Russian energy giant Gazprom approved a draft investment plan for the Shtokman gas field in the Russian sector of the Barents Sea

* Italian electricity giant Enel SpA said it has launched a public offer for the entire stock of Russian wholesale power generator OGK-5 at 4.4275 rubles ($0.18) per share

* South Korean auto giant Hyundai could select a site by the end of the year to build a $400 mln car plant in northwest Russia, authorities in the Leningrad Region said

* The Finance Ministry forecasts net capital inflow into Russia in 2007 will reach $80 billion, a twofold increase on last year, a deputy minister said

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