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Two miners freed, 24 trapped in Nicaragua gold mine collapse BOGOTA: Two of 26 artisanal gold miners trapped in a landslide caused by heavy rains in northern Nicaragua have been freed, while rescue efforts continue, the company that used to operate the mine said in a statement on Friday.Colombian miner Mineros S.A., which operates the Bonanza region project via its Nicaraguan subsidiary Hemco, said it had been informed by local emergency services that the two miners were freed from a section of the mine the company had previously shut down. Mineros said the collapse occurred early on Thursday morning on El Comal mountain, 2-1/2 miles (4 km) from their mine in Bonanza, which is about 260 miles (420 km) northeast of the capital Managua. The company had condemned the part of the project where the miners are trapped after inspectors found it to be unsafe, but legal artisanal miners had continued to work there against the company's orders, said a ...


Bulgaria fiscal deficit widens in January-July SOFIA: Bulgaria budget deficit ballooned to 1.15 billion levs ($774.67 million) for January-July as tax revenues fell short and EU funds for some projects were frozen, the acting finance ministry said on Friday.The deficit, which was up from 168.2 million levs in the same period last year, was equivalent to about 1.44 percent of gross domestic product. Interim Finance Minister Rumen Porozhanov said on Friday that gross domestic product is expected to amount to less ...

Angelina Jolie calls for new bid to end Syria war GENEVA: The Hollywood actress Angelina Jolie called Friday for a new bid to bring peace to Syria which she said was destabilising the whole region and bringing misery to millions.In an emotional plea, the UN goodwill ambassador for refugees, who married her long-term partner Brad Pitt in a secret ceremony at their chateau in the south of France last week, said, "Three million refugees is not just another statistic. It is a searing indictment of ...

South Africa's trade balance at -6.9 billion rand in July JOHANNESBURG: South Africa's trade deficit widened more than expected to 6.88 billion rand ($648 million) in July, from a 190 million rand shortfall in June, data from the South African Revenue Service showed on Friday. Economists had expected a 3.2 billion rand gap, but the number is volatile and hard to forecast. Exports rose 6.8 percent to 85.37 billion rand and imports increased 14.7 percent to 92.26 billion rand. The data brings the cumulative deficit ...

Brazil enters recession in pre-election blow to Rousseff SAO PAULO: Brazil suffered a recession in the first half of the year as investment plunged and the country's hosting of the World Cup suffocated economic activity, a major blow to President Dilma Rousseff's already diminishing hopes for reelection in October. Latin America's largest economy has suffered stagnant growth for more than three years under Rousseff's left-leaning policies, which have dented consumer and business confidence and caused heavy losses for financial investors. The economy took ...

Canada economy picks up in Q2 OTTAWA: Canada's economy picked up momentum in the second quarter after starting the year in a slump, with activity increased in most sectors, the government statistical agency said Friday.Growth rose to 0.8 percent, from 0.2 percent in the first three months of the years, Statistics Canada said.At an annualized rate, gross domestic product (GDP) was 3.1 percent -- "a full four ticks stronger than what was expected by the street," noted CIBC World Market economist ...

Senegal reports first case of Ebola DAKAR: Senegal confirmed its first case of Ebola on Friday, as the country's health minister announced that a young Guinean had tested positive for the deadly virus.Guinean health services had reported on Wednesday "the disappearance of a person infected with Ebola who reportedly travelled to Senegal," Senegalese health minister Awa Marie Coll-Seck said, adding that the infected patient was a young Guinean man who was immediately quarantined. Copyright AFP (Agence France-Presse), 2014


 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln