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Israeli panel backs tax on donations to groups urging boycott JERUSALEM: An Israeli government committee gave initial approval on Sunday to a proposed law that would impose a 45 percent tax on overseas donations made to non-profit groups critical of Israel's treatment of the Palestinians. The draft bill, presented by Prime Minister Benjamin Netanyahu's far-right political allies, would apply to financial support given to organisations that support measures including a boycott or sanctions on Israel, or prosecution of its soldiers in international courts. Such funding, authors of the legislation say, constitutes foreign interference in internal Israeli affairs and challenges Israel's sovereignty. Critics of the proposal say it violates freedom of speech in the Jewish state, and Israel's attorney general advised the government's committee on legislation not to approve it. Israeli Justice Minister Tzipi Livni announced that she would appeal the committee's 8-4 vote in favour of the measure in the full cabinet, a ...

Bosnia dog lovers protest over new euthanasia laws SARAJEVO: Hundreds of dog-lovers protested in Bosnia on Sunday against new legislation allowing for the animals to be put down after complaints the country's large number of strays were biting people and becoming a nuisance. Up to 13,000 strays roam the capital Sarajevo alone, with emergency services reporting a large number of people being attacked and raising public pressure on the authorities to take action to remove the animals from the streets. Parliament ...

Approval of Peruvian president Humala drops to fresh low LIMA: Only one in four Peruvians approved of President Ollanta Humala in December, an all-time low for the leader, a poll showed on Sunday. Humala, who has been in office since July 2011, saw his popularity slip to 25 percent from 27 percent in November, stung by a police corruption scandal, pollster Ipsos said. His approval rating has plummeted 29 percentage points since March and about 69 percent of Peruvians now disapprove of ...

Foreign minister says no trace in Iran of missing ex-FBI agent WASHINGTON: There are no traces in Iran of the former FBI agent who disappeared there six years ago, Iranian Foreign Minister Mohammad Javad Zarif said on CBS's "Face The Nation" on Sunday. Robert Levinson, who became a private detective after retiring from the FBI in 1998, disappeared during a trip to an Iranian island in 2007. The White House says he was not a government employee at the time. The fate ...

Death toll from Nairobi bus blast rises to six: police NAIROBI: Kenyan police were on Sunday investigating an explosion in a Nairobi bus the day before that killed six people and wounded 30 others -- the latest in a string of unclaimed attacks as the country marks 50 years of independence.The death toll from the blast rose to six on Sunday after two gravely hurt people died from their wounds overnight, police said.Nairobi police chief Benson Kibue said a suspect was being questioned over the ...

Polls open for second round of Mali elections BAMAKO: Malians began voting on Sunday in the second round of parliamentary elections intended to cap the nation's return to democracy, but overshadowed by the deaths of two UN peacekeepers in an attack.Very few voters were present at the opening of polling stations in Bamako, an AFP journalist witnessed, raising fears of a low turnout in polls that mark the troubled west African nation's first steps to recovery after it was upended by a military ...

Eleven bodies found in southern Mexico MEXICO CITY: Ten charred bodies were found in a burnt-out truck in Mexico's southern Oaxaca state on Saturday, the state's prosecutor's office said. Another corpse was found shot in the head a short distance away from the truck near the town of Santiago Juxtlahuaca, the office said in a statement. The town is about 93 miles (150 km) west of state capital Oaxaca City. The statement said none of the bodies had been identified and ...


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Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln