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South Korea Aug 1-20 exports fell 1.2pc y/y SEOUL: South Korean exports for the first 20 days of this month fell 1.2 percent from a year earlier while imports rose 5.4 percent, customs agency data showed on Thursday. Exports for the August 1-20 period totalled $25.766 billion and imports were $27.646 billion, Korea Customs data showed on its website This brought the trade deficit for the 20-day period to $1.88 billion. Trade data for the full month, as well as details on shipments, will be released on Sept. 1. Copyright Reuters, 2014

Liberia's Ebola clampdown turns violent as official evacuated MONROVIA: Violence erupted in an Ebola quarantine zone in Liberia's capital Wednesday when soldiers opened fire and used tear gas on crowds as they evacuated a state official and her family.Four residents were injured in the clashes that flared in Monrovia's West Point slum which has been contained as part of new security measures aimed at containing the deadly virus.The crackdown in Liberia comes as authorities around the world scramble to stem the worst-ever outbreak ...

Brazil Socialists pick new candidate, target Rousseff BRASILIA: Brazil's Socialist party named popular environmentalist Marina Silva its presidential candidate Wednesday, reshaping the political landscape after her late running mate Eduardo Campos died in a plane crash last week.Campos's death has radically transformed the outlook for the October vote, possibly setting up Silva, his former vice presidential candidate, to unseat incumbent Dilma Rousseff in a runoff, according to the latest poll."I will give the best I have in me," said Silva, a 56-year-old ...

Turkey ruling party set to name Davutoglu as PM ANKARA: Turkey's ruling party meets on Thursday to choose a new leader and premier to succeed incoming president Recep Tayyip Erdogan, with Foreign Minister Ahmet Davutoglu the overwhelming favourite for the job.The executive committee of the Justice and Development Party (AKP) will meet in Ankara at 1100 GMT to agree a successor for Erdogan, who has transformed Turkey since first becoming prime minister in 2003.The press has been abuzz for days with reports that Davutoglu ...

Prominent Brazil journalist recalls dictatorship torture SAO PAULO: Prominent Brazilian journalist Miriam Leitao spoke out Wednesday on the torture she was subjected to by the military regime in the 1970s, rejecting army claims that its units committed no abuses.Speaking publicly on her detention for the first time since she testified before a military tribunal in 1973, Leitao, one of Brazil's most influential journalists, recalled being severely beaten as a young pregnant student detained at an army barracks where she was locked ...

Ebola clampdown turns violent as Asia fears new cases MONROVIA: Violence erupted in an Ebola quarantine zone in Liberia's capital Wednesday as authorities struggled to contain the deadly disease, while new suspected cases in Asia sparked fears of it spreading from Africa.Four residents were injured in Monrovia's West Point slum when soldiers opened fire on crowds and used tear gas as they tried to evacuate a state official and her family from the quarantined quarter.The crackdown in Liberia comes as authorities around the world ...

British Falklands warship towed away for scrap LONDON: The British warship on which Argentina formally surrendered the island of South Georgia during the 1982 Falklands War began its final journey on Wednesday before being scrapped.HMS Plymouth could not be saved despite years of attempts to find a permanent home for the frigate.The ship, which entered naval service in 1961, was decommissioned in 1988. Peel Ports, which owns the dock where the frigate has languished rusting for years, said they had no "practical ...


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Foreign Debt $61.805bn
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