Main news of November 2

RUSSIA

* The leaders of Russia, Armenia and Azerbaijan agreed in Moscow to work together for improving the situation in the Caucasus and instructed their foreign ministers to intensify efforts to settle the Nagorny Karabakh conflict

* Seven police officers were injured after two bombs went off near a private house in the Republic of Ingushetia in Russia's restive North Caucasus region, a local police source said

* The Russian banking industry has sufficient liquidity for all settlements and crediting, despite the ongoing global financial crisis, First Deputy Prime Minister Igor Shuvalov said

* Rubin FC won their first Russian Premier League title after beating Moscow Region side Saturn 2-1

WORLD

* A Russian floating platform will start to drill deep test wells on November 7 to prospect natural gas fields in the Gulf of Venezuela, Venezuelan President Hugo Chavez said

* Russian billionaires are buying up coastal Montenegro despite the ongoing global financial crisis, The New York Times reported

* At least five sailors have died and three others are still missing after a container ship sank off the coast in northeast China, news agency Xinhua reported

* The death toll from flooding in northern Vietnam has risen to 49, the government's storm and flood control committee said