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Wall St drops on possible action against Syria NEW YORK: US stocks fell on Tuesday as geopolitical tensions flared on the possibility of an impending military strike against Syrian President Bashar al-Assad's forces in response to a chemical weapons attack against civilians last week.Western sources who attended a meeting in Istanbul between envoys of an alliance opposed to Assad and the Syrian National Coalition said "action to deter further use of chemical weapons by the Assad regime could come as early as in the next few days."Adding to the rising tension, Defense Secretary Chuck Hagel said in a television interview with the BBC the US military forces in the region are "ready to go" should President Barack Obama order action against Syria."All the bad news is on the breakfast plate this morning in terms of the escalation in Syria, debt ceiling negotiations - there is just not a lot of good news today," said Bucky Hellwig, senior vice ...

European stocks fall by most in 2 months on Syria strike threat LONDON: European stocks suffered their biggest daily drop in two months on Tuesday as the threat of a military strike against Syria prompted investors to take profit on some of this summer's best performers and to buy insurance against future losses.US allies were drafting plans for air strikes and other military action against Syria, causing investors to ditch stocks in favour of assets less exposed to global economic conditions, such as German and US government ...

South Africa stocks pull back from record highs JOHANNESBURG: South African shares succumbed to profit-taking on Tuesday, slipping back from a record high set earlier in the session as investors bet recent favourites such as Imperial Holdings had risen too sharply.But losses were limited as the weaker rand currency helped prop up gold firms such as Gold Fields, even in the face of looming strikes.Petrol station and car dealership workers announced a strike for higher wages to start next week, signalling further labour ...

Spain stocks slump on prospect of Syria strike MADRID: Spanish share prices tumbled more than three percent in late trade Tuesday as investors showed concern over the prospect of a Western military strike against Syria.The Madrid stock exchange's IBEX-35 index of top shares dropped 3.06 percent to 8,385.6 points about half an hour before the close of trade.Copyright AFP (Agence France-Presse), 2013

European stocks close sharply lower LONDON: Most European stock markets closed sharply lower on rising tensions over Syria, with London sliding 0.79 percent to 6.440.97 points.Frankfurt's DAX 30 fell 2.28 percent to 8,242.56 points, the CAC 40 in Paris dropped 2.42 percent to 3,968 points, Madrid was down nearly 3 percent and markets in Athens and Istanbul plunged over 4 percent.Copyright AFP (Agence France-Presse), 2013

Syria conflict worries push US stocks lower NEW YORK CITY: Worries that the West will take military action in Syria after a chemical weapons attack sent US stocks lower on opening on Tuesday.The initial fall traced losses on European and Asian markets, which came after US Secretary of State John Kerry made clear on Monday that the US would hold Damascus accountable for the gas attack that killed hundreds.Five minutes into trade, the Dow Jones Industrial Average was down 107.96 points (0.72 ...

European stocks slide on tension over Syria LONDON: European equities fell on Tuesday as investors ignored solid data from Germany and eyed possible US military intervention in Syria, sending the price of safe-haven gold soaring.In afternoon trading in London, the FTSE 100 index of leading shares dropped 0.64 percent to stand at 6,450.56 points, as dealers in returned to their desks after a three-day holiday weekend for Britain."Markets are tanking in Europe today, as Syria related risk-aversion prevails," said trader Anita Paluch ...


Index Closing Chg%
Arrow DJIA 17,810.06 0.51
Arrow Nasdaq 4,712.97 0.24
Arrow S&P 2,063.50 0.52
Arrow FTSE 6,750.76 1.08
Arrow DAX 9,732.55 2.62
Arrow CAC-40 4,347.23 2.67
Arrow Nikkei 17,357.51 0.33
Arrow H.Seng 23,437.12 0.37
Arrow Sensex 28,334.63 0.95

Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln