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Putin plunges Russia into permanent winter time MOSCOW: Russian President Vladimir Putin on Tuesday signed a law plunging the country into permanent winter time in the latest experiment with the nation's alarm clocks after three years of non-stop summer time.Putin signed amendments to the law "on measuring time" putting the country on "constant winter time" from this autumn, never again to switch over to summer time.From October 26, Moscow will be permanently on GMT plus 3.Under the new law, "seasonal changing of clocks is not being carried out," the Kremlin announcement said.Putin's predecessor Dmitry Medvedev had moved the country to permanent summer time in 2011, saying this would make life better for "unlucky cows" who have to adapt to being milked an hour later.Many Russians disagreed, however, unhappy about getting up an hour earlier every day through long dark winters.The new law was proposed by the health committee of Russia's lower house of parliament, which claimed a ...

Europe's economy persistently weak, sanctions a problem BRUSSELS: Italian Economy Minister Pier Carlo Padoan said on Tuesday the recent German economic data show that Europe's economy is much weaker than it was expected to be six months ago, and further economic sanctions against Russia would be a "problem" for all sides."The macroeconomic picture is disappointing, and recent data on Germany sounds the bell alarm because it indicates that the weakness is more persistent in time and widespread in space than what we ...
Turkey arrests more than 50 police officers in graft probe ANKARA: Turkish authorities on Tuesday arrested 55 senior police officers in a criminal probe over alleged corruption and abuse of office, the latest apparent crackdown on opponents of Prime Minister Recep Tayyip Erdogan ahead of presidential polls, television reports said.Forty serving and former top police officers were arrested in Istanbul, including the former head of the anti-terror unit of Istanbul police, Omer Kose.Fifteen others were arrested elsewhere, in what the reports said was a new ...
British far-right leader steps down LONDON: Nick Griffin has stepped down as leader of the British National Party, the far-right group announced Monday, following disastrous results at the European Parliament elections.Griffin, 55, stepped aside at a party leadership meeting after nearly 15 years in charge of the anti-immigration group, which campaigns for Britain to leave the European Union. Having won 6.3 percent of the vote in 2009, the party polled just over one percent in May's European elections, with Griffin ...
Dutch Twitter avatars go black demanding MH17 bodies return THE HAGUE: Dutch social media users are turning their profile photos black and tweeting the hashtag #BringThemHome as anger mounts that bodies from flight MH17 have not yet been repatriated from Ukraine.Dutch Foreign Minister Frans Timmermans was one of the first to make his Facebook cover photo black in a sign of mourning.Since then Twitter and Instagram users in the Netherlands and around the world have posted black screens or ribbons, demanding the 298 dead, ...
Kiev willing to hand control of crash probe to West: Ukrainian PM KIEV: Ukraine is willing to hand over coordination of an investigation into the Malaysian airliner crash to international partners but Kiev is convinced the plane was shot down by "professionals", Ukraine's prime minister said on Monday."Ukraine is ready to hand over a coordinating role in the investigation into the tragedy to our Western partners. And the Netherlands could head that process," Arseny Yatseniuk told a news conference."At the moment, we have no doubt that the ...
UK offers more workers choice to cash in pension savings LONDON: Britain will give more workers a choice to cash in their pension savings, the government said on Monday, expanding reforms set out earlier this year that hit insurers' share prices.Finance minister George Osborne caught Britain's pensions industry by surprise in March when he said he would scrap a rule forcing many people to buy an annuity, a financial product which converts a retiree's pension pot into a guaranteed income.From April, people will also face ...

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln