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Warner arrested following FIFA World Cup bribe allegations NEW YORK: Former FIFA vice president Jack Warner was arrested in Trinidad and Tobago on Wednesday, hours after US prosecutors claimed he accepted bribes during host selections for the 1998 and 2010 World Cups in France and South Africa.The charge that choice of those countries was tainted by corruption was just a fraction of the allegations aimed at some of football's most influential decision-makers.The Trinidadian's name was on a list of nine current or former FIFA officials and five business executives who "abused their positions of trust to acquire millions of dollars in bribes and kickbacks," US Attorney General Loretta Lynch said in New York.Warner, 72, protested his innocence on Facebook, but later surrendered to authorities in his native Trinidad and Tobago and appeared in a Port of Spain court before a judge who set his bail at $394,000, according to local media.It was unclear whether Warner would remain in ...


SANZAR chief resigns to take Argentina post WELLINGTON: SANZAR chief executive Greg Peters said on Thursday he was quitting the southern hemisphere body for a new role helping Argentina settle into an expanded Super Rugby competition next year.The New Zealander -- who has headed South Africa, New Zealand and Australia Rugby (SANZAR) since 2010 -- said his new position was general secretary of the Argentina Rugby Union (UAR)."This is the right juncture to seek a new professional opportunity," he said in a ...

Brazil leader, soccer bosses back FIFA graft probe %9 RIO DE JANEIRO: Brazil's Football Confederation (CBF) and the country's president said Wednesday they backed a corruption probe into FIFA, as one of seven people detained, Jose Maria Marin, was sidelined as CBF number two.Two FIFA vice presidents were among those arrested in a dawn raid in Zurich, where the body's president Sepp Blatter will stand for re-election Friday.Former CBF head Jose Maria Marin, 83, who oversaw last year's World Cup in Brazil, was among ...

Calls for FIFA's Blatter to quit as global anger builds ZURICH: FIFA president Sepp Blatter on Thursday faced angry demands to step down after US indictments and the dawn arrests of top officials engulfed world football in the biggest crisis yet of his 17-year reign.Stunned by the arrests of senior FIFA figures, top sponsors who pour millions into world football, including Coca-Cola, Adidas, McDonald's and Visa, pressed the global body to clean itself up. Visa said that unless FIFA rebuilds its culture with "strong ethical ...

Ivanovic survives late-night scare in Paris PARIS: Former champion Ana Ivanovic avoided a second round upset at the French Open when the Serb battled back from a set down to beat lowly-ranked Japanese player Misaki Doi on Wednesday. The seventh seed, who beat Dinara Safina to win the title in 2008 and has returned to her best form after a slump, was outplayed initially by Doi but recovered to win 3-6 6-3 6-4 with the clock past 9pm local time. She ...

Nishikori hardened by American dream PARIS: Japan's Kei Nishikori believes his rise into the world top five would never have happened had he not forged his skills in America's do-or-die sports environment.Nishikori left his home and family in Shimane when he was just 14 with no English skills, just a passionate belief that he could become Japan's most successful tennis player.A decade later, he was the first Asian man to reach a Grand Slam final, losing to Marin Cilic in ...

Lucic-Baroni making up for lost years at French Open PARIS: If Mirjana Lucic-Baroni hadn't been a tennis player, she would have become an archaeologist, happy to explore the ruins of Rome or her native Croatia.History is important for Lucic-Baroni, as are dates -- especially July 24, 1998.That was the day she, her mother and four siblings slipped away in the dead of night from Croatia, escaping the clutches of a father whom she accused of violence and abuse."I was able to have peace and ...


 



 
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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%
MonthlyApril
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 28, 2015
Reserves $17.494 bln