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Venezuela unveils new rules on use of deadly force at demos CARACAS: Venezuelan soldiers overseeing demonstrations can open fire if they feel their lives are at risk, says a new regulation published a year after anti-government riots left 43 people dead.The new rules released Thursday outline procedures for soldiers trying to maintain public order, going up gradually from "imposing presence" to the use of deadly force.The regulations were published days before the anniversary of the start of antigovernment riots as Venezuelans vented fury over rampant crime, runaway inflation, corruption and shortages of basic goods in the country with the world's largest proven oil reserves. Those months of unrest, mainly in Caracas and the city of San Cristobol, generally ended in clashes between hooded demonstrators throwing Molotov cocktails at police who answered with tear gas, water cannon and in some cases rubber bullets.The new rules were quickly met with criticism."One can never leave to the discretion of a government official, and even ...

Taiwan's economy slows in fourth quarter 2014 TAIPEI: Taiwan's economic growth slowed in the three months to December in 2014 due to lower-than-expected overseas demand for goods and weaker domestic spending, government estimates showed Friday.The Taiwanese economy grew 3.17 percent in the fourth quarter year-on-year, lower than the previous three quarters but better than a forecast of 2.83 percent made in November, said the Directorate General of Budget, Accounting and Statistics.Exports in the period rose only 0.45 percent as declining demand for ...

Spanish economy grows by 1.4pc in 2014 MADRID: Spain's recovering economy grew by 1.4 percent in 2014, provisional official data showed Friday, after shrinking by 1.2 percent in the previous year but remains plagued by mass unemployment.It is the first time there has been full-year economic growth in Spain since 2008 when a labour-intensive property bubble collapsed, pushing millions of people out of work.Growth accelerated in the fourth quarter to 0.7 percent from 0.5 percent in the third quarter, according to provisional ...

Brazil records 'lowest-ever' unemployment rate in 2014 ISLAMABAD: Brazil closed 2014 with an unemployment rate of 4.8 percent, its lowest on record, the country's official statistics agency, the IBGE said.December also equaled the lowest ever monthly rate of unemployment of 4.3 percent, seen in December 2013, Anadolu Agency reported Friday.Seasonal temporary contracts and fewer people seeking work due to the festive period contributed to the fall in the rate of joblessness.The annual jobless rate in 2013 was 5.4 percent. The IBGE has ...

Police in El Salvador arrest 117 over gang activities SAN SALVADOR: Police in El Salvador on Thursday arrested 117 people as they staged raids targeting gang members across the country, officials said.Weapons and ammunition were seized in the operations, which were conducted in the departments of San Vicente, La Paz, Cabanas and elsewhere.Street gangs have for years plagued El Salvador and other Central American countries like Guatemala.Although rival gangs in El Salvador have supposedly observed a truce since 2012, the homicide rate in the ...

French PM Valls stops short of calling China an ally BEIJING: Visiting French Prime Minister Manuel Valls shied away at the last moment from calling China and France faithful "allies" on Friday.The description was included in the advance text of a speech to businessmen distributed to the press."Yes, France and China are two great nations," it read. "Two partners pledged to work side by side. Two allies faithful to each other."But in the event Valls engaged in some last-minute editing while delivering the address, on ...

African leaders gather for conflict, Ebola talks ADDIS ABABA: African leaders meet Friday for their annual summit with conflict topping the agenda, especially Nigeria's Boko Haram insurgents, as well as efforts to stem Ebola.While the official theme of the African Union meeting will be women's empowerment, leaders from the 54-member bloc will once again be beset by a string of crises across the continent.Late Thursday, the AU Peace and Security Council called for regional five-nation force of 7,500 troops to deploy to ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln