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Venezuela opposition holds new protest CARACAS: Armed with cooking pots in a potent symbol of Venezuela's chronic food shortage, thousands took to the streets Saturday in the latest public rally against the government of President Nicolas Maduro.The protest, which fell on International Women's Day, consisted mostly of female demonstrators who noisily clanged their cookware to show their discontent over scarcity of basic goods and insecurity they say has become a part of daily life."There is nothing, nothing, nothing," read a placard carried by one protester fed up with stores that habitually run out of provisions -- despite this nation's vast oil wealth. By midday, more than 2,000 demonstrators had assembled in the capital Caracas, with many more expected. The rally was called by the country's most prominent opposition leader, two-time presidential election runner-up Henrique Capriles, who lost to Maduro by a whisker in April 2013 elections.For more than a month, demonstrators have complained about chronic ...

Italy challenges US gun ad using Michelangelo's David ROME: Italy's Culture Minister Dario Franceschini on Saturday called for a US guns dealer to withdraw an advertisement using an image of Michelangelo's David but with the famed statue holding a bolt-action rifle."The image of David, armed, offends and infringes the law. We will take action against the American company so that it immediately withdraws its (advertising) campaign," Franceschini tweeted in the afternoon.His comments come after the Historical Heritage and Fine Arts Board in Florence ...

Lebanese march against domestic violence BEIRUT: A few thousand protesters took to the streets of Beirut on Saturday to demand that politicians approve Lebanon's first law against domestic violence in a non-partisan display rarely seen in Lebanon's highly politicised climate. Organisers harnessed popular outrage over the deaths of two Lebanese women in suspected domestic violence cases which struck a nerve in a country where regular car bombs and rocket attacks have desensitised many to violence. "The people want the passage ...

Tanzania's inflation unchanged at 6pc in February DAR ES SALAAM: Tanzania's year-on-year inflation was 6.0 percent in February, unchanged from the previous month, the statistics office said on Saturday."The monthly headline inflation rate for the month of February 2014 has increased at a lower speed of 1.4 percent compared to an increase of 1.8 percent recorded in January 2014," the National Bureau of Statistics said.Analysts said they expect the inflation rate to rise because of higher energy and fuel costs, making it ...

Libya militants try to load oil on North Korea-flagged ship BENGHAZI: Militants blockading the Libyan oil terminal of Al-Sidra tried Saturday to load crude aboard a North Korean-flagged ship, in the latest challenge to government control of exports, a lawmaker said.A member of the energy committee in Libya's interim parliament, the General National Congress, said "the oil tanker, bearing the name Morning Glory, anchored on Saturday at 4:00 am (0200 GMT) at the port of Al-Sidra."The armed men, who are seeking autonomy for Libya's east, ...

India navy investigates deadly ship accident MUMBAI: The Indian navy launched an inquiry Saturday into the cause of a naval ship accident that killed an officer and injured two dock workers, officials said.A gas leak Friday on board the yet-to-be commissioned INS Kolkata killed Commander Kuntal Wadhwa after he inhaled carbon dioxide during trials, according to reports."An inquiry has been ordered by the navy since it is a case of unnatural death. We should expect the report in few weeks time," ...

Cairo tram station bomb hurts one person: security CAIRO: An explosion by a suspected homemade bomb targeting a tram station in eastern Cairo wounded at least one person on Saturday, Egyptian security officials said.Since the military ousted Islamist president Mohamed Morsi in July, militants have stepped up attacks against the security forces in Egypt, killing scores of soldiers and policemen.However, attacks on civilian targets have been extremely rare.Copyright AFP (Agence France-Presse), 2014


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 22, 2015
Reserves $10.331 bln