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Afghan civilian casualties hit record high in first half of 2015: UN KABUL: Civilian casualties in Afghanistan touched a record high in the first half of 2015, according to UN figures released on Wednesday, revealing a fragile security situation six months after the NATO combat mission ended.Total casualties increased one percent between January and June compared to the same period last year, with 1,592 civilians killed and 3,329 injured, the United Nation's Mission's for Afghanistan (UNAMA) said in a report.Copyright AFP (Agence France-Presse), 2015

Spanish jobless claims fall in July for sixth straight month MADRID: The number of registered unemployed fell in Spain for the sixth straight month in July, government data showed Tuesday, the latest sign of improvement in the eurozone's fourth-largest economy.Jobless claims declined last month by 74,028, or 1.8 percent, to 4.05 million, the labour ministry said in a statement.The improved jobs outlook should provide a boost to conservative Prime Minister Mariano Rajoy as he prepares for what promises to be a hard-fought re-election campaign at ...

US factory orders rebound in June WASHINGTON: US orders for manufactured goods rebounded in June after two months of declines, boosted by strong gains in aircraft and other transportation equipment, the Commerce Department reported Tuesday.Factory orders jumped 1.8 percent in June, matching the consensus estimate, following a 1.1 percent decrease in May.Excluding transportation, which can be volatile, June orders rose a modest 0.5 percent.Transportation equipment surged 9.3 percent. Civilian aircraft orders soared 65.4 percent, with defense aircraft up 31.0 percent. Ships ...

Australia to build new naval fleet in $65bn package SYDNEY: Australia on Tuesday announced a Aus$89 billion (US$65 billion) shipbuilding package to construct new frigates and patrol boats locally, with a decision on an international supplier for replacement submarines made "in coming months".The "continuous shipbuilding" proposal, which involves the replacement of frigates, patrol boats and submarines over two decades, is expected by the government to keep up to 2,500 jobs in the sector in what Prime Minister Tony Abbott said was "a very historic ...

Australia's central bank keeps interest rate at 2.0pc SYDNEY: Australia's central bank Tuesday held interest rates at a record-low of 2.0 percent as it kept the possibility of further easing on the table and dropped calls for a weaker exchange rate.The Reserve Bank of Australia said it would continue to monitor data over the next few months, adding that leaving the cash rate unchanged "was appropriate" for this month."Further information on economic and financial conditions to be received over the period ahead will ...

Argentina says July tax income rises 36.3pc on year BUENOS AIRES: Argentina's tax revenue jumped 36.3 percent in July from the same month a year earlier to 145.999 billion pesos ($15.887 billion), the government said on Monday. This was above the median forecast of 141.912 billion pesos in a Reuters poll of analysts. Official data shows signs of an economic recovery in Argentina, Latin America's third biggest economy, helped by increased government spending ahead of October's presidential election. Even so, private economists estimate Argentina's ...

UN airlifts DR Congo refugees out of C. Africa GENEVA: The UN said Monday it had begun repatriating more than 600 people who had fled to the now violence-torn Central African Republic from the Democratic Republic of Congo six years ago.The United Nations' refugee agency said it had airlifted a first group of 39 Congolese refugees from Zemio in southeastern CAR to the remote, eastern DR Congo province of Ango on Monday."Over the next three weeks, UNHCR plans to repatriate a total of 628 ...


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-22.095 bln
Exports $23.885 bln
Imports $45.980 bln
WeeklyAugust 03, 2015
Reserves $18.536 bln