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Italy's Renzi wins regional vote, low turnout sends warning ROME: Italian Prime Minister Matteo Renzi's centre-left Democratic Party (PD) won regional elections in Calabria and Emilia Romagna on Sunday but an exceptionally low turnout suggested growing disillusion among many voters. After years of economic crisis that has created hardship among a growing number of Italians, the lacklustre turnout was a clear warning sign for Renzi as he faces pressure to push through potentially unpopular financial belt-tightening. Renzi, who scored a record victory in European elections in May, claimed another win but acknowledged that large numbers of voters had stayed away. "The turnout was bad, the results were good. A clear 2-0," he said in a tweet on Monday. "Slap in the face from abstentions," read the headline in the Corriere della Sera, Italy's biggest daily newspaper. In the central region of Emilia Romagna, traditionally a stronghold of the left, PD candidate Stefano Bonaccini won 49 percent with the support ...

British health workers strike for pay rise LONDON: Hundreds of thousands of British nurses, midwives and hospital cleaners went on a four-hour strike Monday calling for a pay rise, weeks after walking out for the first time in 32 years.Eleven health worker trade unions took part, calling on the government to approve a one-percent wage rise for National Health Service (NHS) employees recommended by an independent pay review body.Picket lines were set up outside hospitals, although emergency departments were kept open."The anger ...
Soyuz spacecraft docks with International Space Station: NASA MOSCOW: A Russian Soyuz spacecraft carrying Italy's first female astronaut has safely docked with the International Space Station, NASA said.Samantha Cristoforetti, along with Russian cosmonaut Anton Shkaplerov and American astronaut Terry Virts, arrived at the orbiting space lab on the Soyuz TMA-15M spacecraft at 0249 GMT Monday, NASA said."A new vehicle has arrived. The Soyuz is confirmed as attached properly," high above the Pacific Ocean, NASA television added.Cristoforetti, Virts and Shkaplerov docked just under six ...
Lavrov in Vienna for nuclear talks: RIA Novosti VIENNA: Russian Foreign Minister Sergei Lavrov arrived in Vienna on Sunday, RIA Novosti reported, to join troubled nuclear talks with Iran less than 36 hours before a deadline for a deal.Lavrov, a crucial player in the negotiations, was set to join US Secretary of State John Kerry and German Foreign Minister Frank-Walter Steinmeier.The British and French foreign ministers were due in Vienna later Sunday, while their Chinese colleague was expected by Monday.Copyright AFP (Agence France-Presse), ...
Albania opens Hoxha's top secret Cold War nuclear bunker to public TIRANA: The massive, top secret Cold War nuclear bunker of former Albanian dictator Enver Hoxha was opened to the public on Saturday, decades after it was built by the paranoid communist regime fearing an attack by the West that never came.The ex-dictator's bed, covered with a red mattress, is still in place in his bunker bedroom, with a Soviet-era radio placed on his bedside table. During Hoxha's 40-year rule, Albania was one of the world's ...
Polish local election results finally published after glitch WARSAW: Poland's electoral commission finally published last weekend's local election results overnight Saturday, after computer glitches had stopped the vote count and called the balloting process into question. The delay in publishing the results prompted opposition parties to question the credibility of the vote, though President Bronislaw Komorowski on Wednesday called the idea of an election re-run "complete madness".The official results confirmed exit poll predictions that the conservative Law and Justice (PiS) opposition of Jaroslaw ...
four soldiers, civilian killed in eastern Ukraine: officials KIEV: Four Ukrainian soldiers have been killed and 10 others wounded in unrest in the east during the past 24 hours, security officials in Kiev said Saturday.One civilian, a 60-year-old man, was also killed in the eastern region of Lugansk on Friday, the governor's office announced.Ukrainian forces are locked in a struggle with pro-Moscow separatists for territory in eastern Ukraine.A ceasefire has been in place since early September but this has not stopped almost 1,000 ...


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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