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Prince Harry ends New Zealand, Australia visit on winning note AUCKLAND: Britain's Prince Harry wrapped up a visit to New Zealand and Australia on Saturday by scoring the winning goal in a football match and proving he can help capture a crocodile.The 30-year-old prince spent a week in New Zealand, which started with a pub quiz on an outer southern island, included learning a traditional haka at a military camp, and finished with a day of sport at Auckland.He also revealed during the official visit that he wants to have children and would like a partner to "share the pressure" of royal duties, but is still waiting for the right woman.As New Zealand prepares to hold a referendum on whether to change its flag, which features the British Blue Ensign, Harry used a farewell reception to highlight his family's ties with the country."These links are of course central to the constitution of this nation, but they go much deeper than ...


British government announces 'unusual' extra budget LONDON: Britain's finance minister announced plans for a second 2015 government budget on Saturday to quickly implement his Conservative Party's campaign promises of spending cuts and savings following a surprise election win."On the eighth of July I am going to take the unusual step of having a second budget of the year," Chancellor George Osborne wrote in The Sun newspaper."I don't want to wait to turn the promises we made in the election into a ...

Six bodies recovered in Colombia mine collapse RIOSUCIO: Rescuers Friday said they had found six bodies in a collapsed, unlicensed gold mine on an indigenous reservation in a central Colombian town.Another nine miners were believed to still be missing after the accident on Wednesday in the northwestern town of Riosucio, where authorities are carrying out an investigation of the mine.Rescuers were working into the evening to retrieve the sixth miner's remains, hours after the recovery of a separate body sapped the hopes ...

US weapons 'expedited' to Iraq amid IS advance: Biden WASHINGTON: The United States is sending "continued and expedited" weapons to Iraq, Vice President Joe Biden told Prime Minister Haider al-Abadi on Friday, amid a major Islamic State group advance.The phone call took place after Islamic State extremists seized a government compound in the city of Ramadi earlier in the day, edging closer to what would be their biggest victory in Iraq this year.Biden thanked Abadi "for his steadfast leadership in Iraq and for promoting ...

Russian Q1 economic contraction less than feared at 1.9pc MOSCOW: Russia's economy shrank 1.9 percent in the first quarter under pressure from low oil prices and Western sanctions, the state statistics agency said Friday, a smaller contraction than had been feared.Russian Prime Minister Dmitry Medvedev last month estimated that the economy had shrunk by two percent year-on-year in the first quarter while Economy Minister Alexei Ulyukayev projected the contraction had reached 2.2 percent.Many economists had released even more pessimistic forecasts.Citing preliminary data, the state ...

Peru economy grew 2.68pc in March, faster than expected LIMA: Peru's economy grew by a faster-than-expected 2.68 pct in March from the same month a year ago, the strongest monthly expansion in eleven months, the state statistics agency Inei said on Friday. The economy grew 1.73 percent in the first quarter from the same period in 2014, Inei said. Copyright Reuters, 2015

Ukraine GDP plunges 17.6pc in first quarter of 2015 KIEV: The Ukraine economy shrunk 17.6 percent in the first quarter of 2015 compared to the same period last year, sapped by continuing violence in its eastern industrial heartland, the national statistics agency said Friday.The fall in Q1 GDP was 6.5 percent compared to the final quarter of 2014, Ukraine's state statistics service said. The plunge followed recent forecasts by international organisations predicting Ukraine's economy would decline even faster than expected as the continuing conflict ...


 



 
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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%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln