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Obama spoke with Congo President Kabila WASHINGTON: President Barack Obama spoke with President Joseph Kabila of the Democratic Republic of the Congo on Tuesday, the White House National Security Council said via Twitter. The tweet said details of the conversation between the two leaders would be forthcoming. Copyright Reuters, 2015

Wall St retreats but S&P, Nasdaq post quarterly gains NEW YORK: US stocks ended down on Tuesday in a retreat from the previous session's sharp rally as energy shares declined and the dollar edged up, but the S&P 500 and Nasdaq registered their ninth straight quarterly rise. The S&P's 500 quarterly winning streak was its longest since 1998, while the Nasdaq's was its longest ever. The Dow registered a slight loss for the quarter. In the day's action, energy shares were among the biggest ...

Oil deepens loss on Iran talks; Brent ends March down 12pc NEW YORK: Oil fell for a third straight session on Tuesday, with Brent crude tumbling 12 percent for the month, as world powers entered into intense negotiations with Iran for a nuclear deal that could bring more of its oil to an oversupplied market. The tumble was proof of the hurdles oil faced in establishing a bottom for prices since the selloff that began in June on worries of a supply glut. US crude fell ...

TSX steady as bank strength offset by Teck's dive TORONTO: Canada's main stock index was little changed on Tuesday as strength in its financial sector was offset by a selloff of miner Teck Resources Ltd after it denied it was in merger talks. Teck retreated 10.6 percent to C$17.38. The stock had surged on Monday after Bloomberg News reported that Teck and Chile's Antofagasta Plc were in early-stage merger discussions. Both companies subsequently denied the report. The index's materials sector, home to mining shares, ...

Euro posts record quarterly drop; Wall St ends day lower NEW YORK: The euro closed out the worst quarter in its 15-year history on Tuesday, slammed by monetary policy changes and worries about Greece, while US stocks retreated a day after posting big gains. But the S&P 500 and the Nasdaq registered their ninth straight quarterly gains.The euro skidded 11 percent against the dollar in the first quarter reflecting investors' expectations of divergent monetary policies.Investors are betting that the US Federal Reserve will raise interest ...

US Treasury's Lew says strong dollar is good for America SAN FRANCISCO: US Treasury Secretary Jack Lew on Tuesday said a strong dollar remains good for America, especially when it appreciates because of a strong domestic economy. "A strong dollar is good for the United States, especially when it's reflecting a strong US economy relative to other economies." Lew told an audience following a speech on America's relationship with China. "It's a very different story if it's the result of unfair intervention." Copyright Reuters, 2015 ...


Index Closing Chg%
Arrow DJIA 17,776.12 1.11
Arrow Nasdaq 4,900.89 0.94
Arrow S&P 2,067.89 0.88
Arrow FTSE 6,773.04 1.72
Arrow DAX 11,966.17 0.99
Arrow CAC-40 5,033.64 0.98
Arrow Nikkei 19,206.99 1.05
Arrow H.Seng 24,900.89 0.81
Arrow Sensex 27,957.49 0.07

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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