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Zarif ‘optimistic’ of Iran nuclear agreement BRUSSELS: Iranian Foreign Minister Mohammad Javad Zarif voiced optimism after talks with European Union foreign policy chief Catherine Ashton on Monday that a dispute over Tehran's nuclear programme can be resolved by a November 24 deadline."I am quite optimistic after discussions with Lady Ashton that we can in fact resolve this issue in time," Zarif told reporters. "I hope with the readiness and political will that I see in all parties to this discussion to have a resolution within the next three months," he said.Copyright Reuters, 2014


Dutch name emerges for EU post AMSTERDAM: Dutch Foreign Minister Frans Timmermans was due to meet the president of the European Commission on Tuesday about a senior role in the European Union's executive body, Dutch public broadcaster NOS reported on Monday.The Netherlands hoped that by sending Timmermans, a long-serving diplomat who has worked in the European Commission before, the Netherlands could secure a big portfolio.NSO and other Dutch media said. Each of the EU's 28 member states delegates one public servant ...

Ukraine rebels seek ‘special status’ MINSK: Pro-Russia separatists sat down for preliminary Ukraine peace talks on Monday due to resume later this week in the Belarussian capital Minsk, saying they would be prepared to stay part of Ukraine if they were granted "special status". The meeting of the so-called "contact group", at which the rebels also said one of their key conditions would be for Kiev to immediately end its military offensive, ended without any details being announced but a ...

German eurosceptics chide Merkel after state surge BERLIN: Riding a wave of momentum after a strong showing in a regional election, Germany's new anti-euro party said on Monday it was time for Chancellor Angela Merkel to wake up and accept it as a new conservative force in German politics.Like the UK Independence Party (UKIP) in Britain and the National Front in France, the Alternative for Germany (AfD) has tapped into a vein of discontent with career politicians and bureaucrats, carving out a ...

UN to send investigators in Iraq GENEVA: The United Nations Human Rights Council on Monday condemned violations committed by Islamic State forces in Iraq that may amount to international crimes and agreed to send a mission to investigate them. The forum adopted a resolution presented by France and Iraq without a vote, but South Africa's delegation said it disassociated itself from the text as it lacked balance."We are facing a terrorist monster," Iraq's human rights minister, Mohammed Shia' Al Sudani, told ...

Britain unveils powers to strip suspected Islamist fighters of passports LONDON: Prime Minister David Cameron on Monday announced plans to strip suspected Islamist militants of their passports temporarily, to combat the threat posed by radicalised Britons returning from Syria and Iraq. The proposals come days after Cameron raised Britain's terrorism alert to its second-highest level, saying Islamic State (IS) in Syria and Iraq posed the country's greatest-ever security risk.An IS video released last month, purporting to show a man with a London accent man beheading ...

UK manufacturing growth ebbs, denting hopes for balanced recovery LONDON: Britain's manufacturing revival slowed sharply last month as the Ukraine crisis crimped demand from abroad, further denting hopes for a more balanced economic recovery.Factory orders from home and abroad rose at the slowest pace in more than a year, according to the Markit/CIPS UK Manufacturing Purchasing Managers Index (PMI), which fell to its lowest level since June 2013.Separate data from the Bank of England showed a sharp increase in lending to consumers in June.Taken ...


 



 
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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 $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 02, 2014
Reserves $13.581 bln