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Polish weekend warriors up in arms over Russian threat OSTROWIEC: Commandos sneak up on a fortress in southern Poland. Camouflaged behind sandbags, they fire their Kalashnikov rifles to free the hostages. But the fortress is really a school and the machine guns are fake. The bullets are blanks and the hostages are there of their own accord.The participants are all volunteers taking part in a military manoeuvre motivated by security concerns over the crisis in neighbouring Ukraine. "I shot three," cries one of the weekend warriors at the elementary school in the southern town of Ostrowiec Swietokrzyski, where the training scenario says "little green men" are pretending to hold Polish officials hostage. The little green men are the enemy -- stand-ins for the real-life fighters with the same nickname who have been helping pro-Kremlin separatists battle government forces in Ukraine.The West and Ukraine suspect them of being elite Russian special forces. Russia says this is absolutely not true. The ...


More gloomy data casts doubt on Japan recovery TOKYO: Japan's factory output saw a surprise drop and household spending kept falling in August, data showed Tuesday, fanning fears about the impact of April's sales tax rise on the economy.The figures will add to worries that the country's tentative recovery has been knocked off kilter by the increased levy and strengthen the hand of those arguing against another hike next year.Industrial production shrank 1.5 percent month-on-month in August after rising 0.4 percent in July, ...

US crude oil exports in July reach 401,000 bpd NEW YORK: US crude oil exports reached 401,000 barrels per day in July, up from the 396,000 bpd in June, government data showed on Monday. Exports to Canada fell to 373,000 bpd from 384,000 bpd in June, according to data from the US Energy Information Administration. Meanwhile, 12,000 bpd went to Switzerland and 3,000 bpd were exported to Singapore. Exports to Italy, the first on record with the EIA, reached 14,000 bpd. The EIA sources ...

Dutch 'monster truck' toll rises to three, driver held THE HAGUE: A third person has died after a souped-up "monster truck" ploughed into a crowd during a show in the Netherlands and the driver has been taken into custody for his own safety, officials said Monday.The truck, sporting outsized tyres and a powerful engine, surged off the track after driving over a line of prop cars and crashed through a barricade and into the audience in the eastern town of Haaksbergen."A third victim has ...

US consumer spending, income pick up in August WASHINGTON: US consumer spending and personal income picked up pace in August after a weak July, while inflation remained flat, the Commerce Department reported Monday.Consumer spending, the main engine of the US economy, rose 0.5 percent in August after no change in July, revised from a 0.1 percent decline.Driving the increase was spending on durable goods, up 1.9 percent in August on a surge in auto sales, following a 0.1 percent rise the prior month."We ...

Asylum-seekers abused in German refugee centres BERLIN: German police Monday investigated six private security guards accused of assaulting and humiliating asylum seekers in a refugee centre in ways that drew comparisons to violence against Guantanamo Bay prisoners.Police also questioned hundreds of fellow refugees after shocking photo and video footage emerged, including an image showing a security guard pinning a handcuffed Algerian man to the floor with his boot on the man's neck.Police said they launched their investigation after a journalist on ...

Turkish tanks take up position on Syria border next to besieged town MURSITPINAR: Turkish tanks took up position on a hill overlooking the besieged Syrian border town of Kobani on Monday after several shells hit Turkish territory as Islamic State militants fired on the town, a Reuters correspondent said. At least 15 tanks were positioned, some with their guns pointed towards Syrian territory, near a Turkish military base just northwest of Kobani. Plumes of smokes rose up as shells hit both the eastern and western sides of ...


 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln