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Brent oil falls below $107 as Ukraine concern eases NEW YORK: Brent oil futures fell by nearly $2 per barrel on Monday as ample global supplies outweighed concerns over continued tensions between Russia and the West over the fate of Crimea.While the United States and Europe imposed sanctions on Russian officials, Crimea's vote to become part of Russia passed without major violence over the weekend, and oil supplies from Russia remained unaffected.Global oil prices rallied into the weekend as traders bought contracts to cover themselves against the risk that if Sunday's vote turned violent it might impact exports from the world's second largest oil producer.US President Barack Obama reiterated that the West is still trying to resolve the crisis with diplomacy and sanctions, leaving low seasonal demand in the US and Europe and ample global supply to weigh on oil prices."With these news events, panic sets in for a few weeks, but it's not enough to sustain high prices," ...

TSX strengthens after Crimea vote, US data  TORONTO: Canada's main stock index advanced on Monday, helped by gains in every major sector, after a referendum in Crimea concluded peacefully over the weekend and positive US economic data boosted sentiment.Investors digested news that the United States and European Union will impose sanctions including asset freezes and travel bans on officials from Russia and Ukraine after Crimea applied to join Russia following the referendum.Separately released data showed the largest gain in US manufacturing output ...
Stocks up, yen down as peaceful Crimea vote boosts risk appetite NEW YORK: World stocks rose from a one-month low on Monday while the yen and the prices of U.S. Treasuries fell after Sunday's referendum in Crimea passed without major violence, reducing demand for safe-haven assets.The yen extended losses after U.S. President Barack Obama on Monday imposed sanctions on 11 Russians and Ukrainians blamed for Russia's military incursion into Crimea, including two top aides to Russian President Vladimir Putin.The European Union earlier had also imposed sanctions ...
US stocks soar despite Crimea vote NEW YORK: US stocks surged in early trade Monday as investors shrugged off Crimea's vote to secede from Ukraine and sanctions announced against Russia following the referendum.About 35 minutes into trade, the Dow Jones Industrial Average jumped 204.44 points (1.27 percent) to 16,270.11.The broad-based S&P 500 increased 15.94 (0.86 percent) to 1,862.28, while the tech-rich Nasdaq Composite Index powered up 55.81 (1.31 percent) to 4,301.21.An overwhelming 96.77 percent of voters in Crimea Sunday supported seceding ...
US stocks fall ahead of Ukraine vote NEW YORK: US stocks closed modestly lower Friday as the United States and Europe appeared headed for collision with Russia over Crimea's plan to vote on splitting from Ukraine on Sunday.At the close the Dow Jones Industrial Average was down 42.32 points (0.26 percent) at 16,066.57.The broad-based S&P 500 fell 5.19 (0.28 percent) to 1,841.15, while the tech-rich Nasdaq Composite lost 15.02 (0.35 percent) at 4,245.40.Tensions were rising ahead of Sunday's Crimea vote on whether ...
Brent rises more than $1 ahead of Crimea referendum NEW YORK: Brent crude oil rose by more than $1 on Friday as heightened tension in Ukraine ahead of a referendum in the Russian-majority region of Crimea raised worries over Russian oil supplies.US crude oil rose also, though not by as much, with gains curbed by large domestic supply builds and lower demand in the US and China, the first and second largest oil consumers.The closely watched and traded price spread between the American and ...
Latin American stocks drop before Crimea referendum RIO DE JANEIRO: Latin American stocks dropped on Friday before a weekend referendum in Ukraine's Crimea, with investors fearing increased tensions between the West and Russia that could result in economic sanctions against Moscow and possibly a war in the region.The heightened geopolitical frictions have hit financial markets across the globe, sending MSCI's benchmark stock index for emerging markets 0.6 percent lower.Russian stock indexes on Friday fell to their lowest levels since 2009 before clawing ...

 



 
Index Closing Chg%
Arrow DJIA 17,596.35 1.95
Arrow Nasdaq 4,958.47 2.40
Arrow S&P 2,057.64 2.09
Arrow FTSE 6,620.48 1.97
Arrow DAX 11,083.20 3.56
Arrow CAC-40 4,869.82 3.74
Arrow Nikkei 20,109.95 2.88
Arrow H.Seng 25,966.98 2.61
Arrow Sensex 27,645.15 0.60





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJune 25, 2015
Reserves $17.457 bln