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Iran slams US as 'obsessed' with sanctions as talks resume NEW YORK: Iranian Foreign Minister Mohammad Javad Zarif on Wednesday accused Washington of being "obsessed" with sanctions as a new round of high-stakes bilateral nuclear negotiations opened in New York."We are committed to resolving this issue," Zarif told a US think-tank, as a State Department official confirmed to AFP that the two sides had resumed talks here late Wednesday.But Zarif argued part of the problem blocking a deal was the US "infatuation" with sanctions."This deal would require the United States to lift the sanctions, and the reason Congress is objecting to this is that it wants to keep these sanctions," Zarif told the Council on Foreign Relations."Sanctions have become an end in themselves. Sanctions do not serve any purpose," he argued, saying during the time that the Iranian economy has been slapped with Western measures the number of the country's centrifuges has soared from 200 to 20,000."So sanctions have produced, ...


Stay or go? Scotland votes on independence from Britain EDINBURGH: Scotland votes Thursday on whether to become independent from Britain in a referendum which has electrified the nation, dominating debate in homes and pubs from Edinburgh to the Highlands.While the outcome looks too close to call, the pro-independence camp has seen support surge in recent weeks as the "No" side's long-term opinion poll lead shrivelled away."This is our opportunity of a lifetime," Scotland's pro-independence First Minister Alex Salmond told a cheering crowd of supporters ...

G20 grapples with growth targets as eurozone drags CAIRNS: Finance ministers from G20 nations meet in Cairns this weekend as they grapple with how to achieve a lift in global growth by two percent while being held back by a sickly eurozone recovery.Strengthening global growth, creating jobs and how to achieve this is the Group of 20's top priority under Australia's rotating presidency, along with making the world economy more resilient to future shocks.At a meeting in Sydney in February, finance ministers and ...

Islamic State ordered 'demonstration killings' in Australia: PM SYDNEY: A series of anti-terror raids across Sydney and Brisbane were sparked by a senior Islamic State militant ordering "demonstration killings" in Australia, Prime Minister Tony Abbott said Thursday."The exhortations, quite direct exhortations, were coming from an Australian who is apparently quite senior in ISIL to networks of support back in Australia to conduct demonstration killings here in this country," he said."So this is not just suspicion, this is intent and that's why the police ...

China's Xi seeks to reset ties in India NEW DELHI: China's President Xi Jinping will hold talks with Indian leaders in New Delhi on Thursday on a rare visit likely to yield a sharp rise in investment as Beijing seeks to reset ties with its western neighbour.India's new Prime Minister Narendra Modi has rolled out the red carpet for Xi, hosting the Chinese leader at a private dinner in a luxury riverside tent in his home city Ahmedabad on Wednesday.Modi is eager to ...

Ebola crisis being used to attack media freedom: campaigners MONROVIA: From the closure of a newspaper to arrests and harrassment of journalists, rights groups and the media say Liberia's fight against Ebola is being accompanied by an alarming assault on press freedom.The criticism comes with Human Rights Watch urging the worst-hit countries, Liberia, Guinea and Sierra Leone, to ensure respect for human rights and transparency in their struggle to halt the epidemic."At this time when we have huge outbreak of the Ebola epidemic, we ...


 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 15, 2014
Reserves $13.414 bln