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Iran hangs two for spying for Israel, US TEHRAN: Iran hanged two convicted spies on Sunday, one found guilty of working for Israel, the other for the United States, the Tehran prosecutor's office announced.Mohammad Heydari was convicted of "receiving payment to provide intelligence on various security issues and national secrets in repeated meetings with the Mossad," Israel's intelligence agency, a statement said.Koroush Ahmadi was found guilty of "providing intelligence on various issues to the CIA."The statement did not give further details.Iran accuses its arch foes Israel and the United States of waging a deadly campaign of sabotage against its nuclear programme and has announced a string of arrests of alleged agents in recent years.In May last year, Iran executed Majid Jamali Fashi after convicting him of spying for the Mossad and of playing a key role in the January 2010 assassination of a top nuclear scientist in return for payment of $120,000.Iran is also still holding US-Iranian national, ...


Fiji turns to Russia, China amid strained regional ties SUVA: Fiji's military ruler said on Sunday he would meet Beijing's leaders in China this month, a week after unveiling an official trip to Russia, as he looks beyond strained regional ties in the South Pacific.Voreqe Bainimarama has been banned from Australia and New Zealand since seizing control in a 2006 coup.His announcement that he would hold talks with Premier Li Keqiang and President Xi Jinping came a week after he said he would meet ...

Japan defends PM aide's surprise North Korea trip TOKYO: A Japanese minister on Sunday defended a surprise visit to North Korea by one of the prime minister's aides which Washington and Seoul said could not help efforts to forge a united front against Pyongyang.Akira Amari, state minister of economic revitalisation, said the four-day trip by Isao Iijima reflected Prime Minister Shinzo Abe's resolve to have North Korea come clean on its kidnapping of Japanese nationals in the 1970s and 1980s."Japan has an extremely ...

South Korea slams North Korea's 'provocative' missile launches SEOUL: South Korea on Sunday condemned North Korea's latest short-range missile launches as "provocative" and again urged it to hold talks about a suspended jointly-run industrial park. The North Saturday launched three short-range guided missiles off its east coast, apparently as part of a military drill, at a time when cross-border relations remain icy after months of simmering tension. The South and US forces had earlier been on heightened alert for any test of medium-range ...

Philippines waiting for Taiwan anger to cool MANILA: The Philippines is waiting for tempers in Taiwan to cool before settling the dispute over a shot Taiwanese fisherman, the head of an office in charge of relations said Sunday.Issues like Manila's "one-China" policy and comments by Taiwanese investigators branding the incident as murder have complicated the situation, said Amadeo Perez, chairman of the Manila Economic and Cultural Office."We are waiting for the right time because I was told by the secretary-general for Asian ...

Russia retrieves mice, newts from space MOSCOW: A Russian capsule filled with 45 mice and 15 newts along with other small animals returned from a month's mission in orbit on Sunday with data scientists hope will pave the way for a manned flight to Mars.Russian Mission Control said the Bion-M craft landed softly with the help of a special parachute system in the Orenburg Region about 1,200 kilometres (750 miles) southeast of Moscow.The capsule was also carrying snails and gerbils as ...

China investigates North Korea boat hijack claim: official BEIJING: Chinese authorities were on Sunday investigating claims that unidentified North Koreans hijacked a Chinese fishing boat, kidnapping 16 sailors and demanding a ransom, local media and an official said.Armed North Koreans on May 6 hijacked the boat and escorted it towards North Korea while it was sailing in waters around 70 kilometres (40 miles) from North Korea's western coast, reports and the boat's owner Yu Xuejun said."The crew were taken away by a North ...


 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyFBS July-June
Trade Balance $-21.271 bln
Exports $23.641 bln
Imports $44.912 bln
WeeklyMay 13, 2013
Reserves $11.863 bln