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Dead lions in India floods spark catfight AHMEDABAD: Wildlife experts voiced anger Monday at the death of nine endangered lions in floods in western India, saying it showed that at least some of them should be relocated to preserve their numbers.Devastating floods triggered by annual monsoon rains last week killed at least 55 people in the state of Gujarat, which is also home to about 500 Asiatic lions in their last remaining sanctuary globally.Gujarat's chief wildlife officer S.C Pant said 100 forest officers were searching the banks of a flooded river that runs alongside the Gir sanctuary after eight lion carcasses were found, while another which was rescued later died."Already 27 lions have been tracked near villages near the river. They are in good condition," Pant told AFP.But wildlife expert Ravi Chellam said the floods were evidence that the survival of the species was at risk because the lions were living in only one sanctuary."There is no ...


Spain confident Greek debt deal can still be reached MADRID: Spanish Economy Minister Luis de Guindos said Monday he expects Greece will be able to reach an agreement with its bailout creditors before Tuesday night when its existing aid programme ends."There is still time, Greece's second programme expires on Tuesday night, which means we still have 48 hours and I think negotiations can still take place," he told public radio RNE."I don't exclude that there could be an agreement between now and this deadline, ...

German inflation slows to 0.3pc in June: data FRANKFURT: Inflation in Germany, Europe's biggest economy, slowed noticeably in June with consumer prices rising by just 0.3 percent year-on-year, preliminary data showed on Monday.In May, the index had risen by 0.7 percent on a 12-month basis, the federal statistics office Destatis said in a statement.The reason for the slowdown was a sharp decline in energy prices, the data showed.Using the Harmonised Index of Consumer Prices (HICP) -- the yardstick used by the European Central ...

UK's Cameron sees Greece leaving euro in event of referendum no vote LONDON: British Prime Minister David Cameron said on Monday he thought it would be hard for Greece to stay in the single currency if Greeks voted to reject a deal from international creditors in a forthcoming referendum. "If they vote no I find it hard to see how that is consistent with staying in the euro because there would be, I think, a very significant problem. But it's for the Greek people to decide," Cameron ...

Spain and Italy's borrowing costs soar on bond markets over Greek crisis PARIS: Spain and Italy's borrowing costs on international bond markets soared at the start of trading on Monday over the Greek crisis.Shortly after the start of trading at 0600 GMT the yield on the benchmark 10-year bonds for Spain rose to 2.720 percent compared with 2.150 percent at close on Friday, while Italy's rose to 2.598 percent, compared with 2.110 percent at close on Friday.Copyright AFP (Agence France-Presse), 2015

Japan factory production down 2.2pc on-month in May TOKYO: Japan's factory output fell a sharper-than-expected 2.2 percent month-on-month in May, reversing a rise in the previous month, official data showed Monday.The reading from Japan's industry ministry was worse than the rise of 1.2 percent posted in April and market median forecasts for a drop of 0.8 percent.The reading came after trade data showed earlier this month that Japan's exports rose a weaker-than-forecast 2.4 percent in May.Analysts had expressed concern about the health of ...

Three dead after plane crashes, setting US home ablaze WASHINGTON: A small plane crashed into a US home Sunday killing all three of the people on board, while the house's occupants escaped a devastating blaze that erupted immediately, officials said."The four occupants of the single-family home were able to get out of the building before it became fully engulfed in flames," the Massachusetts State Police said in a statement.The plane crashed around 6pm (2200 GMT) at a private residence in the town of Plainville, ...


 



 
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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