Just in:  

You are here: Home»World


Kazakhstan prosecutes wife of exiled oligarch after Italy explusion ALMATY: Kazakhstan has launched legal proceedings on suspicion of graft in a passport counterfeiting case against a wanted oligarch's wife who was expelled from Italy in May, officials said Friday.Alma Shalabayeva, the wife of exiled banker Mukhtar Ablyazov, a fierce critic of Kazakhstan President Nursultan Nazarbayev, "is in Almaty and prohibited from leaving the city," prosecutors said in a statement to AFP.Shalabayeva is "suspected of taking a bribe in a case of false passports," prosecutors said, adding that she had not so far been charged.Several police and judiciary officials were convicted in June as part of the case.The expulsion from Italy of Shalabayeva and her six-year-old daughter sparked a huge scandal in Italy, forcing the interior ministry's chief of staff to resign.On May 29 the Italian police raided Shalabayeva's home near Rome in search of Ablyazov, but didn't find him.Shalabayeva and her daughter were deported to Kazakhstan on May 31 ...

Spanish economy gets big trade boost MADRID: Spain trade deficit narrowed sharply in May largely due to booming exports, the government said Friday, in good news for the recession-struck nation struggling with soaring unemployment.Spain, the eurozone's fourth-biggest economy, posted a trade deficit of just 27.5 million euros ($36 million)in May as exports rose 7.3 percent from the level a year ago to 20.89 billion euros. The biggest exports jumps were in the energy and textile sectors, the finance ministry data showed.Imports ...

China, US companies' great hope, now a drag NEW YORK: It's official. China's slowdown is starting to hurt corporate America.As the world's second-largest economy and still growing China is seen as a primary source of revenue growth by the largest US companies. But a country that once boasted double-digit growth is now growing at a more modest 7.5 percent rate, its credit markets are overheated and fears of a housing bubble remain.The slowing has occurred as major US names garner more revenue from ...

Pope sets up commission to reform Vatican VATICAN CITY: Pope Francis, moving to overcome major crises in the Holy See, on Friday set up a special commission to reform its economic and administrative departments, the Vatican said.The commission, which will report directly to the pope, would advise him on economic affairs, improve transparency and ensure correct application of accounting principles, the Vatican said. Francis had already established a separate commission on how to reform the Vatican bank. Both the bank and the ...

Hungary opposition aims for autumn pact to oust Orban in 2014 BUDAPEST: Hungary's leftist opposition, aiming to forge a united front to challenge Prime Minister Viktor Orban in an election next year hopes to agree on a joint candidate by October, former premier Gordon Bajnai said on Friday.A decision would represent a breakthrough in sluggish progress towards an agreement that has been hampered by a struggle between Bajnai and Socialist party chairman Attila Mesterhazy for the number one spot on a joint ticket.Bajnai's newly formed party, ...

Indian PM says growth to be lower than expected NEW DELHI: Indian Prime Minister Manmohan Singh urged investors Friday to "remain optimistic", while acknowledging that the country would register lower annual growth than expected in 2013-14.Singh also warned India had to lower its current account deficit to 2.5 percent of gross domestic product and pledged more measures to open up the struggling economy to foreign investors after a raft of recent reforms.With less than a year before elections, Singh is trying to rebuild confidence ...

Olympics gave Britain a $15bn boost: government LONDON: The Olympic Games in London last year gave the British economy a boost worth $15 billion, the government said on Friday, a figure far higher than the cost of staging the event.Business Secretary Vince Cable, putting the benefits at £9.9 billion (11.5 billion euros), conceded that some of the investment might have happened anyway, but insisted the Games had acted as a "key catalyst" for deals to be agreed.The Olympics and Paralympics last summer ...


Index Closing Chg%
Arrow DJIA 17,798.49 0.08
Arrow Nasdaq 5,127.52 0.22
Arrow S&P 2,090.11 0.06
Arrow FTSE 6,375.15 0.28
Arrow DAX 11,293.76 0.24
Arrow CAC-40 4,930.14 0.32
Arrow Nikkei 19,883.94 0.30
Arrow H.Seng 22,068.32 1.87
Arrow Sensex 26,128.20 0.65

Wholesale Camping Equipment from China at 

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

Ad Asia 2015

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln