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Justin Bieber, Usher targeted in copyright infringement lawsuit LOS ANGELES: One of Justin Bieber's hit songs is the target of a $10 million copyright infringement lawsuit that also accuses Bieber's mentor, R&B singer Usher, of funneling the song to the teen pop star. R&B singer Devin Copeland, known professionally as De Rico, and songwriter Mareio Overton filed a lawsuit last week in U.S. District Court in Virginia alleging that they came up with the song "Somebody to Love."<Center><b><i>Copyright Reuters, 2013</b></i><br></center>


Baz Luhrmann takes on challenging classic with &#39;The Great Gatsby&#39; NEW YORK: It is hailed as ‘the great American novel,’ but so far ‘The Great Gatsby’ has defied attempts by some of Hollywood's top filmmakers to bring its lyrically romantic story and tragic characters to cinematic life.But that didn't faze director Baz Luhrmann.<Center><b><i>Copyright Reuters, 2013</b></i><br></center>

Star Trek director boldly goes to conquer non sci-fi fans LONDON: Director J.J. Abrams is hoping to persuade mainstream film audiences to boldly go where they have never gone before and embrace the next installment of "Star Trek", a franchise usually reserved for sci-fi geeks.The man behind the cult TV series "Alias" and "Lost" told Reuters he initially hesitated when Viacom's Paramount Pictures asked him to take on the film series, whose installments in 1998 and 2002 failed to draw crowds.<Center><b><i>Copyright Reuters, 2013</b></i><br></center>

Reasons for Aerosmith Jakarta concert cancellation unclear: promoter JAKARTA: Veteran U.S. rock band Aerosmith has not explained what security concerns prompted it last week to cancel a near sell-out concert in the Indonesian capital of Jakarta, the show's promoter said on Tuesday."Our (preparations) were 90 percent ready when we got their cancellation letter one week before the concert," said Sarah Deshita of promoter Ismaya Live of the concert, which had been scheduled for May 11.<Center><b><i>Copyright Reuters, 2013</b></i><br></center>

Met Museum celebrates punk&#39;s influence on fashion NEW YORK: With their black leather, studded jackets, ripped jeans, bondage trousers and messages of rebellion and anarchy, punks from the 1970s probably never envisioned that a major museum would be celebrating their influence on fashion 40 years later.But the Costume Institute of The Metropolitan Museum of Art is doing just that with a new exhibition, "Punk: Chaos to Couture," that opens on May 9 and runs through August 14.<Center><b><i>Copyright Reuters, 2013</b></i><br></center>

Visual effects pioneer Ray Harryhausen dead at age 92 LOS ANGELES: Influential visual effects maker and animator Ray Harryhausen, who brought monsters, skeletons and mythological beasts to life for movies like "Jason and the Argonauts" long before computers took over the job, died Tuesday at age 92, his family said.Harryhausen, who was born in Los Angeles and worked for more than 40 years in the movie industry, died in London, his family said in a statement.<Center><b><i>Copyright Reuters, 2013</b></i><br></center>

Berlin ballet woos new crowd with a dark show in a techno club BERLIN: Berlin's state ballet has teamed up with a leading techno night club to produce a dark, avant-garde show with bondage masks and a bus wreck set in a former power plant that showcases the city's vibrant alternative cultural scene."Masse" (mass) features three performances by choreographers scored by DJs who regularly play at the Berghain in a wasteland in the city's ex-communist east which grew out of a gay, fetish joint and is known for ...


 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln