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EU leaders agree to raise Ebola aid budget to 1bn euros BRUSSELS: European Union leaders agreed on Friday to roughly double their financial support for efforts to fight the deadly Ebola epidemic in Africa to 1 billion euros, the chairman of their Brussels summit, European Council President Herman Van Rompuy, said. "EU will increase financial help to 1 billion euros to fight Ebola in West Africa," he said in a Twitter messsage. Total contributions from the 28 nations had been running at about 500 million euros ($630 million) and there had been criticism that the wealthy Europeans were not doing more. Copyright Reuters, 2014


Russia still has troops in Ukraine, NATO says MONS: Russia still has troops in eastern Ukraine and retains a very capable force on the border despite a partial withdrawal, NATO's military commander said on Friday. "We've seen a pretty good withdrawal of the Russian forces from inside Ukraine but, make no mistake, there remain Russian forces inside eastern Ukraine," US Air Force General Philip Breedlove told reporters at NATO's military headquarters near Mons in Belgium. Some Russian troops stationed near the Ukraine border ...

Ericsson flags North America slowdown STOCKHOLM: Mobile telecoms gear maker Ericsson said on Friday a slowdown in North America created uncertainty over fourth quarter sales as operators cut spending after big investments in high-speed networks. A build-out of the newest 4G/LTE networks by operators in North America, where Ericsson makes about a quarter of its sales and Chinese rival Huawei is effectively barred from doing business, has supported the Swedish firm at a time of stagnation in much of Europe. ...

Shares cool after best week of the year LONDON: Global stock markets were heading for their best week of the year on Friday following reassuring company results, encouraging data from the world's biggest economies and signs the ECB is upping its efforts to lift Europe.European bank stress-test results due at the weekend and confirmation of New York City and Mali's first cases of Ebola saw a touch of caution return, though markets were just happy to have broken out of a steep month-long ...

WHO expects around 200,000 Ebola vaccine doses by mid-2015 GENEVA/LONDON: The World Health Organization (WHO) set out plans on Friday for speeding up development and deployment of experimental Ebola vaccines, saying hundreds of thousands of doses should be ready for use in West Africa by the middle of 2015. The Geneva-based United Nations health agency confirmed that two leading vaccine candidates are already in human clinical trials, and said another five experimental vaccines were also being developed and would begin clinical trials next year. ...

Merkel urges Putin to back swift solution to Ukraine gas row BERLIN: German Chancellor Angela Merkel urged Russian President Vladimir Putin in a phone call on Friday to support a quick solution to Moscow's gas row with Ukraine before winter sets in, her office said in a statement. Moscow and Kiev have agreed on a new price for Russian gas, but they are still at odds over the volumes to be supplied and the level of Ukraine's debt for previous supplies. Ukraine holds a parliamentary election ...


 



 
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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 $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln