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Sochi Olympics made $53mn profit: IOC RIO DE JANEIRO: The 2014 Winter Olympics in Russia's Sochi made an operating profit of more than $53 million, the International Olympic Committee disclosed Thursday.IOC director of communications Mark Adams said last year's Sochi games raked in around 3.25 billion rubles ($53.1 million) in profit.Adams made the disclosure on the sidelines of the IOC's executive board meeting in Rio de Janeiro, which is meeting in the Brazilian city until Saturday.The total cost of the Sochi Games was set at around $41 billion, Adams said.The South Korean city of Pyeongchang is to host the 2018 Winter Games. A decision on the host of 2022 is to be taken at the full meeting of the IOC in Kuala Lumpur in July.Beijing is regarded as favorite, ahead of Kazakh rival Almaty. Stockholm, Krakow, Lviv and Oslo all withdrew from contention.Copyright AFP (Agence France-Presse), 2015

Gutierrez back in the picture at Newcastle NEWCASTLE: Jonas Gutierrez will add a new dimension to the task facing Aston Villa at Newcastle on Saturday as the struggling side continue their fight to stay in the Premier League.Argentina international Gutierrez will be involved for the first time since recovering from testicular cancer and Newcastle's caretaker-manager John Carver knows his presence will lift the St James' Park crowd.Carver said: "When we announce the team and our fans hear that Jonas is on the ...

Street fighter Costa sets the tone for Mourinho LONDON: Combining predatory instincts with a street fighter's approach to duelling with defenders, Diego Costa has emerged as the unapologetically snarling face of Jose Mourinho's hugely successful Chelsea overhaul.Prised away from Atletico Madrid for £32 million ($49 million, 44 million euros) by Mourinho, who surely recognised a kindred spirit in the fiercely competitive and occasionally spiteful Brazil-born Spain international, Costa has been everything the Chelsea manager could have dreamt of in an explosive debut season ...

Rose set for knee op on Friday CHICAGO: Former NBA Most Valuable Player Derrick Rose will have surgery on Friday to repair a torn meniscus in his right knee, the Chicago Bulls said Thursday.Rose will undergo a meniscectomy, which is removal of part or all of the meniscus, and Bulls general manager Gar Forman will discuss the 26-year-old's prognosis after the procedure.If the tear is small, it's possible Rose could return within six weeks.It's the second straight season that Rose has needed ...

NRL says drug testing 'strengthened' SYDNEY: Australia's National Rugby League said Friday it had strengthened drug testing as a cocaine scandal engulfs the Gold Coast Titans.Responding to reports clubs have tipped off players about the presence of drug testers at training or even hidden positive tests, the game's governing body issued a statement saying its approach has recently been stepped up."The NRL has strengthened its approach to combating drug use through its continued commitment to independent drug testing programs and ...

After Arsenal, mean Monaco look to lock out PSG PARIS: Monaco follow up their stunning defeat of Arsenal in the Champions League in midweek by hosting French champions Paris Saint Germain in Ligue 1 on Sunday.Leaders Lyon, who are two points ahead of second-placed PSG, travel to lacklustre Lille, while third-placed Marseille were desperate to stop their slide against form side Caen on Friday. Monaco's Portuguese coach Leonardo Jardim has a string of injury worries, his side played 40 minutes with 10 men in ...

Higuain returns as Napoli sight second spot MILAN: Argentina striker Gonzalo Higuain returns from a one-match suspension as Napoli look to boost their Champions League qualifying bid away to Torino this weekend, when struggling title hopefuls Roma host runaway leaders Juventus.Napoli booked their place in the last 16 of the Europa League thanks to a 5-0 aggregate victory over Trabzonspor on Thursday having dominated the first leg in Turkey 4-0.But a place in Europe's premier club competition is the target for Rafael ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln