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Greek bailout deal possible by end April: EU ATHENS: A deal on Greece's bailout is possible before the end of April, EU Council President Donald Tusk said Tuesday as Athens continued tough talks with its creditors on a disputed list of reforms.Tusk said the negotiations were "complex", and while nothing was expected before Easter, a late April deadline agreed between Greece and its EU-IMF creditors was still within reach."I hope we will reach an agreement by the end of April, for me it is possible," Tusk said during a visit to Madrid.Experts from the International Monetary Fund and the European Union are scrutinising a list of economic reforms proposed by Athens in a bid to unlock another 7.2 billion euros ($7.8 billion) in loans to stave off possible bankruptcy and a euro exit.Greece says the reforms would help raise an extra three billion euros for government coffers without resorting to wage and pension cuts."The process of assessment of ...

IBM to invest $3bn in 'Internet of Things' NEW YORK: IBM announced Tuesday it was pumping $3 billion into a new division focusing on the growing market for connected devices, or the "Internet of Things."The move adds IBM's resources to the fast-growing market for smart devices such as refrigerators, cars, clothing and other objects which can connect to the Internet or be linked to smartphones.IBM will make its real-time analytics available to makers of these devices to help improve their functionality."These resources will ...

Iran ready to keep talking to resolve tough issues LAUSANNE: Iran is ready to keep talking "as long as necessary" to agree the outlines of a deal to curtail its nuclear programme, but several issues remain unresolved, a senior Iranian official said Tuesday."We are focused on the issues which are still not resolved," a member of the negotiating team Hamid Baidinejad told reporters just a few hours before a midnight deadline was due to expire."Solutions have been proposed to the parties, they have made ...

Iran talks 'complicated', may go all night: Fabius LAUSANNE: French Foreign Minister Laurent Fabius said late Tuesday that Iran nuclear talks were making progress, but could drag through the night, saying it was a long and difficult negotiation."We are making progress. But it's complicated, it's long and difficult. And I'm afraid that we may be going through the night," Fabius told reporters.Copyright AFP (Agence France-Presse), 2015

Muhammadu Buhari: Nigerian autocrat who embraced democracy LAGOS: Muhammadu Buhari, who has claimed victory in Nigeria's most closely fought presidential election, is not a man who is easily put off.He tried three times previously to become head of state since the return to civilian rule in 1999 -- and failed on each occasion.But the tough retired major general who overthrew elected president Shehu Shagari -- widely seen as inept and corrupt -- in a military coup in 1983, was determined to lead ...

Peru PM sacked in spy scandal, president faces crisis LIMA: Peruvian President Ollanta Humala was left scrambling to find a new prime minister Tuesday after Congress sacked the incumbent, Ana Jara, over allegations of domestic spying.Jara was deposed in a no-confidence vote late Monday after media reports that the powerful National Intelligence Directorate, or DINI, spied on politicians, journalists, business leaders and thousands of everyday citizens.The prime minister had been under fire since March 19, when news magazine Correo Semanal published a sweeping list ...


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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 $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 20, 2015
Reserves $16.132 bln