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News of the Day, 12:00 Moscow time


* Russian President Dmitry Medvedev has said he is ready to support economic sanctions to deter North Korea's nuclear program, and will discuss Pyongyang's nuclear test with his U.S. counterpart

* The third round of full-format Russia-U.S. talks on a new strategic arms reduction pact to replace the START 1 treaty, which is set to expire on December 5, will take place in late June in Geneva, the Russian Foreign Ministry said

* Hundreds of police have been deployed on Beijing's Tiananmen Square amid a range of security measures to prevent any commemoration of the lives lost in the 1989 crackdown on pro-democracy protests

* A Chinese insurance company is preparing to pay $1.4 million to the family of a passenger who died on the Air France jet that crashed in the Atlantic earlier this week, the China Daily said

* A bout between heavyweight challenger David Haye of Britain and IBF and WBO Heavyweight Champion Wladimir Klitschko of Ukraine has been cancelled due to Haye's arm injury

* Police are investigating the deaths of two Russians found on a yacht in the Amador Causeway of the Panama Canal, a local police commissioner said

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