16:51 GMT +318 December 2018
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    News of the Day, 15:00 Moscow time

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    * Russian President Vladimir Putin said he wanted the GLONASS global navigation satellite system ready before 2008

    * Russian Prime Minister Mikhail Fradkov signed a resolution levying import duties on Ukrainian reinforcing strips for ferroconcrete construction at 21% of their customs value

    * Russian Central Bank First Deputy Chairman Alexei Ulyukayev said inflation would not exceed 11% while GDP would grow by 6.4% in 2005

    * A Russian source said Russia was expected to donate 50 armored personnel carriers (APCs) and two Mi-17 transport helicopters to Palestine

    * Ukrainian President Viktor Yushchenko has arrived in Iraq for a one-day routine visit ahead of Ukrainian peacekeepers' pullout

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