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Turkey to host NATO war games ISLAMABAD: Turkey will host NATO drills between October 20 and 24 that will include participation from 12 other countries, the Turkish General Staff announced in a statement.The war games will take place in Istanbul and gather military personnel from Azerbaijan, Macedonia, Bosnia and Herzegovina, Serbia, Kazakhstan, Montenegro, Moldova, Jordan, Ukraine, Mauritania, Algeria, and Pakistan, Anadolu News Agency Reported.The drills aim to enhance the capacity of the countries to work together and cooperate, the statement said.Turkey is expected to participate in the games with 84 personnel.Copyright APP (Associated Press of Pakistan), 2014

Ban on children at Haj under study ISLAMABAD: Senior Saudi pilgrimage officials are looking to ban children under 10 as a precautionary measure to protect them from the scorching summer heat.According to the proposal, children under the age of 10 will not be allowed to accompany their parents as they perform the Islamic ritual required of all adult Muslims at least once in their lives, The Gulf News reported.Officials at the Haj ministry said that children would face huge problems dealing with ...

Pilots extend Lufthansa strikes to long-haul flights FRANKFURT: German pilots union VC on Monday widened its strike at Lufthansa to include long-haul flights on Tuesday, having previously targeted only the carrier's short and medium-haul routes on Monday and Tuesday.The walkout affecting long-haul flights, scheduled from 0400-2159 GMT, adds weight to the eighth strike action taken by pilots against Lufthansa this year in a drawn-out dispute over retirement benefits.Lufthansa on Sunday cancelled 1,450 flights after the pilots union called for a strike on ...

India's finance ministry wants to reimpose curbs on gold imports NEW DELHI: India's Finance Ministry has written to the central bank to consider reimposing some restrictions on gold imports after inbound shipments surged in the last few months, widening the trade deficit, the Economic Times reported on Monday.The central bank eased some gold import rules in May by allowing seven more private agencies to ship in the precious metal, driving a sharp jump in overseas buying despite a record import duty of 10 percent.A 450 ...

Singapore Sept core inflation rate seen unchanged vs August SINGAPORE: Singapore's annual core consumer inflation probably held steady at 2.1 percent in September, a Reuters poll showed, while all-items inflation was likely to pick up from a six-month low.The all-items consumer price index (CPI) probably rose 1.0 percent in September from a year earlier, according to a Reuters survey of 12 economists. In August, headline CPI had risen 0.9 percent from a year earlier, the lowest increase since February.Some economists said that a recent ...

China September cotton imports down 39pc on year to 122,900 tonnes BEIJING: China imported 122,900 tonnes of cotton in September, down 39 percent on the same month of last year, said the China Cotton Association, citing customs.For the first nine months of the year, Chinese imports of the fibre have dropped by 38 percent to 2 million tonnes. The world's top cotton consumer has imported less of the fibre this year as higher global prices and limited import quotas forced mills to import yarn instead.Copyright Reuters, ...

Japan PM accepted METI min Obuchi's resignation TOKYO: Prime Minister Shinzo Abe has accepted the resignation of trade and industry minister Yuko Obuchi, Japan's top government spokesman said on Monday. Chief Cabinet Secretary Yoshihide Suga was speaking at a regular press conference after Obuchi announced she was stepping down following allegations that her support groups had misused political funds. Copyright Reuters, 2014


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
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WeeklyOctober 20, 2014
Reserves $13.436 bln