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Cousin of British queen suffers stroke LONDON: Britain's Duke of Kent, Queen Elizabeth II's cousin has been hospitalised after suffering a mild stroke, Buckingham Palace said Thursday."He was taken ill in the early hours of Monday and admitted to hospital for assessment," said the palace statement.Medical staff "diagnosed him as having had a mild stroke", he added.It was reported that the duke was still being treated in the undisclosed hospital."My understanding is he's feeling well and looking forward to resuming official engagements as soon as possible," said the spokesman.He is best known for being President of the All England Lawn Tennis and Croquet Club, presenting the Wimbledon trophies each summer.The duke, also known as Prince Edward, is also the president of the Stroke Association. Copyright AFP (Agence France-Presse), 2013


US jobless claims inch higher WASHINGTON: New claims for US unemployment benefits rose slightly last week but remained near their lowest level in five years, government data released Thursday showed.Initial jobless claims totaled 336,000 in the week ending March 16, up a modest 2,000 from the prior week, the Labor Department reported.The prior week's number was upwardly revised by 2,000 to 334,000.Despite the uptick last week, jobless claims, an indicator of the pace of layoffs, stayed close to the 330,000 ...

British public deficit drops in February LONDON: British state borrowing sank in February on the back of proceeds from a 4G mobile telephone network auction, official data showed Thursday, boosting the government a day after its annual budget highlighted the struggle to cut a huge deficit.Public sector net borrowing -- the government's preferred measure of the budget deficit -- fell to £2.8 billion ($4.23 billion, 3.29 billion euros) last month, the Office for National Statistics (ONS) said in a statement.That was ...

24 dead as tornado, hailstorms lash south China BEIJING: At least 24 people died and scores were injured after a tornado carrying huge hailstones lashed southern China, causing widespread devastation and a ferry to capsize, domestic media reported Thursday.The ferry overturned in a river in the south-eastern province of Fujian, causing the deaths of 11 people with four missing, web portal qq.com reported.Nine people were killed in Dongguan, in Guangdong province in the south, according to the report. It showed images from the ...

Zimbabwe to hold elections by June 29: minister HARARE: Zimbabwe will hold elections by June 29 to end a shaky unity government formed four years ago between President Robert Mugabe and his rival Prime Minister Morgan Tsvangirai, state media reported on Thursday."It is imperative to have the elections by June 29 because we will no longer have a parliament by then and a country cannot run without a parliament," The Herald newspaper quoted Justice Minister Patrick Chinamasa as saying."As the minister of justice ...

India upholds death sentence over 1993 Mumbai blasts NEW DELHI: India's supreme court upheld the death penalty Thursday for a mastermind of a series of bombings which killed 257 people in Mumbai in 1993, the deadliest set of attacks in the country's history. Yakub Memon, brother of the alleged main plotter and fugitive Tiger Memon, was the only one of 11 convicts to see his death sentence upheld for his role in the 1993 blasts which also wounded more than 800 people.     Copyright AFP (Agence ...

North Korea threatens US bases in Japan SEOUL: North Korea on Thursday threatened strikes on US military bases in Japan and Guam, escalating tensions as suspicion deepened that Pyongyang was behind a cyber attack on South Korean broadcasters and banks.The tone of the strike threat, attributed to a spokesman of the army's supreme command, blended with the torrent of warlike rhetoric spewed out by Pyongyang in recent weeks, but stood out for its precise naming of targets.Military tensions on the Korean peninsula ...


 



 
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Banking Review 2013


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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln