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Iran open to extending nuclear talks up to one year: Iranian source VIENNA: Iran is open to having nuclear talks with world powers extended by up to a year if no real progress toward an agreement is achieved later Sunday, an Iranian source told AFP.Such an extension would be under the terms of the Geneva accord that traded a temporary freeze on some aspects of Iran's nuclear activities for limited sanctions relief, the source said."We are still focused on agreeing to a kind of political agreement" which would not be written but which would allow for negotiators to fine-tune technical aspects of the agreement later, the source said amid tense marathon talks in Vienna."But if between now and this afternoon or this evening we don't get there, the solution is we consider an extension of the Geneva accord," he said."That could be for a period of six months or a year. We must absolutely avoid a climate of confrontation with escalation from ...

Death toll rises to four after China earthquake: Xinhua BEIJING: The death toll from a 5.9 magnitude earthquake that struck a remote part of China's southwest rose to four on Sunday, as media reported the injured have all been successfully rescued.Reports previously said two people died when the quake struck 39 kilometres (24 miles) northwest of Kangding in the mountainous west of Sichuan province at 4:55 pm local time (0855 GMT) Saturday.The new death toll was reported Sunday by Xinhua state news agency, who ...

Tunisia votes in landmark presidential election TUNIS: Tunisians were voting Sunday in their first presidential election since the 2011 revolution that sparked the Arab Spring, in a ballot set to round off an often fraught transition to democracy.Among the 27 candidates, the favourite is former premier Beji Caid Essebsi, an 87-year-old veteran whose Nidaa Tounes party won parliamentary elections last month.Others vying for the presidency include outgoing President Moncef Marzouki, several ministers who served under former dictator Zine El Abidine Ben ...

Flooding fears mount in snowed-in area of New York state WASHINGTON: Record-breaking snowfall that buried towns near Buffalo, New York, and killed at least 14 people, posed a major flooding threat Saturday with temperatures forecast to rise.Areas of western New York that got socked with more than six feet (two meters) of snow this week had been on flood watch but now are under a flood warning, the National Weather Service said.A flood warning urges people to prepare for a possibility, while a more serious ...

Iran, world powers seek elusive nuclear deal one day before deadline VIENNA: Iran and world powers face an uphill struggle Sunday to break the deadlock in their high-stakes nuclear negotiations and secure a historic deal on the eve of a deadline."We're working hard," US Secretary of State John Kerry said Saturday in Vienna, "and we hope we're making careful progress, but we have big gaps, we still have some serious gaps, which we're working to close."Kerry, who on Friday postponed a trip to Paris to remain ...

China's Xi wraps up Pacific talks with Fiji aid boost SUVA: Chinese President Xi Jinping injected a further 70 million yuan (US$11.4 million) of aid money into Fiji as he wrapped up a round of talks in the Pacific nation Sunday aimed at strengthening ties in the region.In a stopover following the Group of 20 summit in Australia, Xi held talks with Fiji's Prime Minister Voreqe Bainimarama and seven other island nation leaders who form the nucleus of a 12-nation Pacific voting bloc in the ...


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Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
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WeeklyNovember 13, 2014
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