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New drone strike kills three Qaeda suspects in Yemen ADEN: An overnight drone strike killed three suspected al Qaeda militants in Yemen, a country where the United States is the only power operating the unmanned aircraft, a tribal source said on Monday.The late Sunday strike in the Markha district of the southern province of Shabwa also wounded another three suspected militants, the source told AFP.It was the second drone strike in the province in as many days. On Saturday, a drone strike on a vehicle killed three militants in the village of Bijan.Copyright AFP (Agence France-Presse), 2015

More than 6,000 killed in 'merciless devastation' in Ukraine: UN GENEVA: More than 6,000 people have been killed since violence erupted in Ukraine last April, the UN rights chief said Monday, decrying a "merciless devastation of civilian lives and infrastructure."The UN's ninth report on the situation in violence-wracked Ukraine paints a bleak picture of developments in the country and warns there has been a "serious escalation" of the conflict since the beginning of the year."More than 6,000 lives have now been lost in less than ...

Raging wildfires destroy homes in Cape Town, dozens evacuated CAPE TOWN: Four houses were destroyed and dozens of people evacuated from their homes on Cape Town's southern peninsula as wildfires whipped up by strong winds raged over nearby mountains on Monday, firefighters said.A massive firefighting operation has been launched, with helicopters water-bombing blazes threatening seaside villages from Muizenberg to Noordhoek, Cape Town Disaster Risk Management said on Monday."Unfortunately, four homes have been destroyed, but we have 28 fire-fighting vehicles and 16 supporting vehicles on ...

South Korea Finance Ministry official says economy on modest recovery path SEOUL: South Korea maintains the view that its economy is still on a modest recovery path, a senior finance ministry official said on Monday, shortly after news factory output had seen its worst fall in six years.Factory output in January fell 3.7 percent in seasonally adjusted terms from December, government data showed, following December's 10.5 percent month-on-month decline from November."Exports have been posting solid growth in terms of volume," said Lee Chan-woo, director-general of the ...

Japan February final manufacturing PMI 51.6pc vs 52.2pc in January TOKYO: Japanese manufacturing activity expanded at a slightly slower clip in February domestic orders lost some steam, a survey showed on Monday, but stronger export demand from overseas suggest the manufacturing sector will continue to expand.The final Market/JMMA Japan Manufacturing Purchasing Managers Index (PMI) was 51.6pc in February, slightly above a preliminary reading of 51.5 but below 52.2pc in January.It remained above the 50 threshold that separates contraction from expansion for the ninth consecutive month.The ...

North Korea to lift Ebola ban on foreign tourists SEOUL: North Korea is set to lift a four-month ban on foreign tourism imposed over concerns of the spread of the deadly Ebola virus, a Beijing-based tour group said on Monday.Koryo Tours, one of the handful of agencies running regular tours to the North, said it had been contacted by the National Tourism Administration in Pyongyang with news that there was "some movement" over the current travel ban."We were told we should expect confirmation later ...

Deadly bacteria released from US high-security lab WASHINGTON: US officials in Louisiana are investigating how a dangerous and often deadly bacteria got out of a high-security laboratory at a research facility, USA Today reported.Authorities told the newspaper there was no risk to the public, though the extent of the contamination remains unknown after the safety breach at the Tulane National Primate Research Center.The bacterium in question is called Burkholderia pseudomallei. Primarily found in Southeast Asia and northern Australia, the microbe can spread ...


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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 $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln