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News of the Day, 18:00 Moscow time


* A Russian-Venezuelan bank being set up by the two countries will have charter capital of $4 billion, with a controlling stake to be held by Russia, a deputy Russian finance minister, Dmitry Pankin, said

* Russia's GDP contracted by 11% in May 2009, and by 10.2% in the first five months of the year, Deputy Economics Minister Andrei Klepach said

* The Parliamentary Assembly of the Council of Europe (PACE) said Belarus must pass laws to abolish capital punishment before the county can be admitted to assembly sessions

* Ukraine's parliament set January 17, 2010, as the date for the country's presidential elections

* Ukraine started a planned rotation of its peacekeeping contingent in Liberia, the Defense Ministry said

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