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Record up for grabs in 70th Sydney to Hobart SYDNEY: The 70th Sydney to Hobart yacht race down Australia's east coast has drawn its biggest fleet in two decades, with last year's fastest skipper saying Tuesday the record time could be smashed.The fleet for this year's race, which starts in Sydney Harbour on December 26, stands at 118 -- the largest since 1994 -- and includes the 100-foot supermaxi Wild Oats XI which last year won line honours for a seventh time.Wild Oats set the record for the 628 nautical mile race, which includes the treacherous Bass Strait, in 2012 with a time of one day, 18 hours, 23 minutes and 12 seconds. "There's many boats in the fleet that can kill that record," skipper Mark Richards said at the official launch for Australia's most famous yacht race."The 50-footers can beat the current record in the right conditions."So it's really an exciting time for everyone. It's an elusive thing ...


LeBron scores 29 as Cavaliers snap four-game skid CLEVELAND: LeBron James scored 29 points and added 11 assists while playing only three quarters Monday as the Cleveland Cavaliers snapped a four-game losing streak by routing Orlando 106-74.The four-time NBA Most Valuable Player, who called his team "fragile" only two nights earlier after a loss at Toronto, netted 22 points in the first half as the Cavaliers improved to 6-7 while visiting Orlando fell to 6-10.James, who returned to Cleveland after four seasons in ...

Bouncer knocks out Australia's Hughes SYDNEY: Australian Test batsman Phil Hughes was stretchered off after being hit on the head by a vicious bouncer in a Sheffield Shield match Tuesday, with reports saying he collapsed face-first.Looking to press his case for a recall to the Test side, the South Australian opener, who was wearing a helmet, had scored a composed 63 when he was hit by a ball from Sean Abbott."After appearing to be struck in the head Hughes stood, ...

Federer to play Hewitt in 'revolutionary' new format SYDNEY: Roger Federer and Lleyton Hewitt will clash in a new shortened, faster form of the game ahead of the Australian Open that organisers Tuesday said they hope will revolutionise tennis.In a world first, the 17-time Grand Slam champion will play his long-time Australian rival in a Sydney exhibition to showcase the new concept developed by Tennis Australia.They will face off in a best-of-five sets match on January 12 that will feature four rule variations ...

Arteta vows Arsenal will learn from United failure LONDON: Arsenal captain Mikel Arteta insists his side will learn the lessons of their painful loss against Manchester United when they take on Borussia Dortmund in a crucial Champions League clash on Wednesday.Arsene Wenger's side need a draw against Group D leaders Dortmund at the Emirates Stadium to be sure of joining the German club in the knockout stages of Europe's elite club competition.But a defeat could leave Arsenal needing a result in their final ...

Leverkusen out for revenge against Monaco LEVERKUSEN: Group C leaders Bayer Leverkusen need a point against Monaco on Wednesday to take their place in the Champions League's last 16 as they look to avenge their away defeat.Portugal's Joao Moutinho scored the winner in the tiny principality when Monaco celebrated their return to Europe after an absence of eight years with a 1-0 victory over Leverkusen in September.The Monaco defeat was the only time Leverkusen have dropped points in the group stages ...

Pogba hitting Juve form ahead of crucial Malmo clash MILAN: Paul Pogba's rich vein of form for reshuffled Juventus could prove costly for Malmo but valuable for the Italians when they visit the Swedes looking to keep their Champions League last 16 hopes alive on Wednesday.French midfielder Pogba struck twice at the weekend when 10-man Juventus outclassed Lazio 3-0 at the Olympic Stadium to pull three points clear of Roma, as coach Massimiliano Allegri continued to tinker with his formation.Allegri has recently moved away ...


 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln