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Brazil president urges broad investigation after FIFA probe MEXICO CITY: Brazil's President Dilma Rousseff on Wednesday called for all soccer tournaments and activities to be investigated after US and Swiss authorities announced separate inquiries into the activities of the game's powerful governing body, FIFA. Speaking to reporters during a visit to Mexico City, Rousseff said that she believed the probes would benefit Brazil and urged authorities to "investigate all the cups and all the activities."She added that she did not believe the probes would hurt soccer in Brazil. Copyright Reuters, 2015


Germany's Angela Merkel again tops Forbes most powerful women list NEW YORK: German Chancellor Angela Merkel topped the Forbes list of the world's 100 most powerful women for the fifth consecutive year, edging past US presidential candidate Hilary Clinton, who came in second in the 2015 annual ranking. Clinton moved up from sixth place on last year's list and was followed by Melinda Gates, the co-founder of the Bill and Melinda Gates Foundation, at No. 3. US Federal Reserve Chair Janet Yellen placed fourth while ...

McDonald's calls FIFA situation 'extremely concerning' NEW YORK: McDonald's Corp, a World Cup sponsor, said on Wednesday that it found the US Department of Justice's indictment of senior officials at soccer's governing body FIFA "extremely concerning." US authorities said nine soccer officials and five sports media and promotions executives faced corruption charges involving more than $150 million in bribes.Swiss police arrested seven FIFA officials who are now awaiting extradition to the United States.The company said in a statement that it is ...

Germany's Schaeuble sees no real progress in Greek debt talks BERLIN: German Finance Minister Wolfgang Schaeuble said there was not much progress in the Greek debt talks and he was surprised by the upbeat tone from some Greek government officials, according to an ARD television interview on Wednesday. "One is hearing all this positive news coming from Greece, that's nice," Schaeuble said. "But on the substance, we haven't got much further in the negotiations between the three institutions and the Greek government," he said. "That ...

Dollar hits 8-year high vs yen, euro edges up NEW YORK: The dollar rose against most major currencies on Wednesday, hitting an eight-year peak against the yen on expectations the Federal Reserve would raise interest rates later this year on signs the US economy is recovering from an anemic first quarter. The euro recovered from a one-month low versus the greenback following reports that Greece and its creditors had made progress toward a deal that would unlock cash for the debt-laden nation and avert ...

Nasdaq sets record as Wall St bounces back NEW YORK: US stocks rose on Wednesday, with the Nasdaq Composite setting a record closing high, led by a rebound in technology and healthcare stocks and on optimism that Greece would avoid defaulting on its debt. The Dow Jones industrial average rose 121.55 points, or 0.67 percent, to 18,163.09, the S&P 500 gained 19.29 points, or 0.92 percent, to 2,123.49 and the Nasdaq Composite added 73.84 points, or 1.47 percent, to 5,106.59. Copyright Reuters, 2015 ...


 



 
IndexClosingChg%
ArrowDJIA 18,162.99 0.67
ArrowNasdaq 5,106.59 1.47
ArrowS&P 2,123.48 0.92
ArrowFTSE 7,033.33 1.21
ArrowDAX 11,771.13 1.26
ArrowCAC-40 5,182.53 1.95
ArrowNikkei 20,472.58 0.17
ArrowH.Seng 28,081.21 0.60
ArrowSensex 27,564.66 0.12





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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 26, 2015
Reserves $17.749 bln