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Putin: Not for Obama or Hollande to choose Syria leader UNITED NATIONS: Russian President Vladimir Putin on Monday scornfully dismissed calls from his US and French counterparts Barack Obama and Francois Hollande for Syria's Bashar al-Assad to step down."I relate to my colleagues the American and French presidents with great respect but they aren't citizens of Syria and so should not be involved in choosing the leadership of another country," he said.Copyright AFP (Agence France-Presse), 2015 ...

Putin's UN Syria show pushes Moscow back to center stage UNITED NATIONS: Russian President Vladimir Putin has stolen the spotlight at the United Nations with a swaggering push on the Syria crisis as he tried to shake off Western isolation over Ukraine.In his first speech to the UN General Assembly in a decade, Putin on Monday called for a broad UN-backed coalition to fight Islamic State (IS) militants before sitting down to talks he called "constructive, business-like and surprisingly open" with his US rival Barack ...
US support for Syria rebels illegal, Putin says ahead of Obama meeting MOSCOW: Russian President Vladimir Putin on Sunday branded U.S. support for rebel forces in Syria as illegal and ineffective, saying US-trained rebels were leaving to join Islamic State with weapons supplied by Washington.In an interview with U.S. networks recorded ahead of a meeting with U.S. President Barack Obama, Putin said Syrian President Bashar al-Assad deserved international support as he was fighting terrorist organisations.Obama and Putin are scheduled to talk on Monday after Putin addresses the ...
German minister denies plagiarism allegations: report BERLIN: Germany's Defence Minister Ursula von der Leyen fiercely rejected allegations revealed Saturday in media reports that she plagiarised portions of her doctoral thesis, a charge that has already brought down other high-level German leaders.According to a report in Der Spiegel weekly, dozens of passages in her dissertation clash with academic standards, with over 40 percent of the document allegedly containing plagiarised text.However, von der Leyen "not only rejects these accusations she has... asked the ...
Hungary's Orban to visit Austria over migrant crisis BUDAPEST: Hungarian Prime Minister Viktor Orban will meet with his Austrian counterpart Werner Faymann in Vienna on Friday, his office said, amid tensions between the two over how to respond to Europe's migrant crisis.Aside from Faymann, Orban will also meet Heinz-Christian Strache, head of far-right party FPO, for talks that will focus on "the European crisis situation caused by illegal immigration," it said on its website on Thursday.The visit comes after Orban and Faymann engaged ...
Over 10,000 migrants enter Hungary in new record BUDAPEST: A new record of 10,046 migrants entered Hungary on Wednesday, mostly via Croatia, Hungarian police said Thursday as refugees continued to pour through the western Balkans bound for northern Europe.A total of 9,939 migrants entered from Croatia, while 102 crossed from Serbia, police said. The discrepancy of five migrants in the figures was not immediately explained.The previous record was set on September 14, when 9,380 migrants crossed just before Hungary effectively sealed its border ...
Russia announces naval drills in 'east Mediterranean' MOSCOW: Russia's defence ministry on Thursday said it would hold naval drills in the "east Mediterranean" region in September and October, as the West frets over a military buildup by Moscow in Syria.The drills will involve "40 combat exercises" using three warships and include firing missiles, the ministry said. Russia officially alerted Cyprus last week to divert aircraft from the area.Copyright AFP (Agence France-Presse), 2015 ...


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 08, 2015
Reserves $20.05 bln