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Algerian president in France for medical tests ALGIERS: Algerian President Abdelaziz Bouteflika has been transferred to France for further medical tests, Algeria's official news agency, APS, said.The news agency said late on Saturday that Bouteflika was in Paris at the recommendation of his doctors. The 76-year-old president was hospitalised on Saturday after a minor stroke.Copyright Reuters, 2013


Four die in NATO plane crash in Afghanistan KABUL: Four members of NATO's International Security Assistance Force (ISAF) were killed on Saturday when their plane crashed in southern Afghanistan, the coalition said in a statement.ISAF said there was no insurgent activity in the area when the plane went down over the volatile province of Zabul. The province's police chief Rogh Lewanai told Reuters that bad weather caused the plane to crash, in the district of Shahjoi.Zabul, wedged between Kandahar and Ghazni, has seen ...

Algerian President Bouteflika hospitalised ALGIERS: Algerian President Abdelaziz Bouteflika was hospitalised after a minor stroke on Saturday, according to the state press agency report that quoted the prime minister as saying his condition was "not serious".The health of 76-year-old Bouteflika is a central factor in the stability of an oil-exporting country of 37 million people that is emerging from a long conflict against Islamist insurgents.The APS new agency said Bouteflika had an "ischemic transitory attack", or mini-stroke, at 12:30 ...

French Socialists soften tone on Merkel PARIS: France's ruling Socialist party will remove strongly worded criticism of German Chancellor Angela Merkel from a draft text on Europe that revealed the level of hostility Berlin's focus on austerity, its coordinator for Europe said on Sunday. Cooperation between France and Germany has long provided the main motor for decision-making in the European Union. But a debt crisis has strained those ties in the past year as ideologically opposed leaders have disagreed on points ...

Authorities arrest Mississippi man in ricin case TUPELO: Federal agents arrested a Mississippi martial arts instructor on Saturday after his home and a former business were searched as part of an investigation into ricin-laced letters sent to President Barack Obama and two other public officials.Everett Dutschke, 41, was taken into custody by US marshals at his Tupelo home early Saturday morning without incident, the city's police chief, Tony Carleton, told Reuters.It was not immediately known if Dutschke has been charged in the ...

US authorities make arrest in ricin probe WASHINGTON: US authorities have arrested a man as part of a probe into poison-laced letters sent to President Barack Obama and others, police said Saturday.Everett Dutschke was taken into custody "without incident" at his home in Tupelo, Mississippi, around 1 am Saturday morning, Scott Floyd of the Tupelo Police Department told AFP.Dutschke has been turned over to the US Marshals Service, Floyd added. He declined to provide more information.Three letters laced with ricin were discovered ...

Letta confirms can form new Italy government ROME Italian centre-left politician Enrico Letta confirmed on Saturday that he could form a government that will include one of former prime minister Silvio Berlusconi closest allies as deputy prime minister. Letta said Angelino Alfano, secretary of Berlusconi's People of Liberty (PDL) party, would be deputy prime minister and interior minister. Bank of Italy director general Fabrizio Saccomanni will take the powerful economy ministry and former European Commissioner Emma Bonino will be foreign minister, Letta ...


 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln