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Canada raises 'terrorism' alert after soldier killed OTTAWA: Canada raised its national "terrorism" alert on Tuesday, officials said, after a soldier run over by a suspected militant died in hospital. The alert level was raised from low to medium after authorities said a man they believed to be "radicalized" struck two officers with his car Monday, but authorities said the heightened alert was not "the result of a specific threat.""This level means that intelligence has indicated that an individual or group within Canada or abroad has the intent and capability to commit an act of terrorism," Jean-Christophe de Le Rue, a spokesman for the Public Safety Ministry said. The assailant in Monday's attack was identified as 25-year-old Martin Couture-Rouleau, who was briefly detained at a Canadian airport last July when he sought to fly to Turkey, federal police said. Police did not have enough evidence to charge him with seeking to join a terrorist group abroad and ...


Modi burnishes economic credentials with reform blitz NEW DELHI: India's Prime Minister Narendra Modi has unleashed a slew of reforms in the past week, scrapping fuel subsidies, simplifying labour rules and pledging to open coal mining to private players in a bid to kickstart the economy.The reforms are seen as some of the most significant since Modi's right-wing Bharatiya Janata Party (BJP) in May scored India's biggest electoral win in three decades.But analysts say the reforms so far represent the low-hanging fruit, ...

Soft Australian inflation supports low interest rates SYDNEY, Oct 22, 2014 (AFP) - Australian consumer prices rose 0.5 percent in the three months to September, official figures showed Wednesday, as the annual rate of inflation eased after the removal of a controversial carbon tax.The increase in the consumer price index (CPI) in the third quarter was slightly stronger than economists' estimates of 0.4 percent.The new figures took the annual rate of inflation to 2.3 percent, the Australian Bureau of Statistics (ABS) said, ...

Australian inflation eases after scrapping of carbon tax SYDNEY: Australian consumer prices rose 0.5 percent in the September quarter, official figures showed Wednesday, as the annual rate of inflation eased following the removal of a controversial carbon tax.The increase in the consumer price index (CPI) in the three months to September was slightly stronger than economists' estimates of 0.4 percent.The new figures took the annual rate of inflation to 2.3 percent, the Australian Bureau of Statistics (ABS) said, down from 3.0 percent in ...

One of Texas nurses infected with Ebola fares better WASHINGTON: One of the two nurses infected with Ebola while treating the Liberian patient in Dallas who died October 8 is now faring better, the National Institutes of Health said Tuesday. "Ms.(Nina) Pham's clinical status has been upgraded from fair to good. No additional details are available at this time," said the NIH, located outside Washington, in a brief statement.Emory Hospital in Atlanta, Georgia, which is treating the second nurse, Amber Vinson so far has ...

Shaky Japanese economy hit by growing trade deficit TOKYO: Japan's shaky economy was dealt another blow Wednesday, as official data showed a widening September trade deficit that puts the world's number-three economy on track to log a record annual shortfall.The worse-than-expected deficit of 958.3 billion yen ($8.96 billion) comes on the back of a string of weak figures and a sharp contraction in the second-quarter, which raised fears that a recovery in Japan's economy has been derailed.The latest numbers translated into a trade ...

Obama to welcome Ebola coordinator to White House WASHINGTON: President Barack Obama on Wednesday will welcome his new Ebola policy chief Ron Klain to the White House, a source there said.Klain will meet with the president on his first day, as well as with "senior members of the team responsible for coordinating the government's Ebola response," the White House official said privately. The new "Ebola czar," as US media have started referring to him, will report directly Obama's Homeland Security Advisor Lisa Monaco ...


 



 
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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
WeeklyOctober 23, 2014
Reserves $13.465 bln