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Turkey detains more suspected IS, PKK militants: reports ISTANBUL: Turkish security forces on Saturday launched new dawn raids to arrest suspected members of the Islamic State (IS) group and Kurdish militant Kurdistan Workers Party (PKK), reports said.The new raids took place in several Turkish provinces, including Istanbul, Ankara, Konya in central Turkey and Manisa in the west, the Radikal online newspaper said. Many people were arrested, although precise figures were not immediately available.Turkish police had on Friday launched major raids against suspected IS and PKK members after a wave of deadly violence in the country.The office of the Turkish prime minister said Saturday a total of 320 people had been detained so far during nationwide coordinated operations in a total of 22 provinces.Copyright AFP (Agence France-Presse), 2015 ...

Greece creditors due in Athens 'in coming days': EU BRUSSELS: Representatives from Greece's international creditors are due in Athens in the coming days, the European Commission said, with sources saying logistical issues had pushed back an expected arrival date of Friday.The officials from the European Commission, European Central Bank and International Monetary Fund are due in Athens after Prime Minister Alexis Tsipras agreed to start talks on a new bailout for Greece."The institutions are expected in the coming days," a spokeswoman for the Commission ...
Italian foreign minister to head Iran next month ROME: Italian Foreign Minister Paolo Gentiloni will go to Iran on August 4 and 5, his ministry confirmed on Friday, in the latest high-powered trip to Tehran following the July 14 nuclear deal.Gentiloni had announced the visit and the dates in a tweet on July 17, but it remained unconfirmed until Friday "for security reasons," the ministry said.French Foreign Minister Laurent Fabius is to visit Iran next Wednesday.His trip follows a similar visit by German ...
Ukraine makes crunch bond payment, staving off default KIEV: Ukraine on Friday made a crucial Eurobond interest payment that kept the war-torn country from slipping into technical default and potential isolation from global credit markets.Two sources close to the situation told AFP that money to cover the $120 million (110 million euro) coupon was transferred as soon as business hours opened in Kiev.The $2.6 billion note matures in July 2017.The cash-strapped former Soviet nation now has two more months to negotiate a debt ...
Turkey PM vows to pursue operations against IS, PKK ISTANBUL: Prime Minister Ahmet Davutoglu vowed Friday Turkey would continue operations against Islamic State (IS) militants and Kurdish militants after it bombed IS targets in Syria and made nearly 300 arrests. "The operations that were started today are not a single event but a process," Davutoglu told reporters in Ankara in televised comments.Davutoglu said 297 people, including 37 foreigners, had been arrested in nationwide raids against suspected members of IS, Kurdistan Workers Party (PKK) and ...
Greece to vote on second bailout bill in test for Tsipras ATHENS: Greek lawmakers are on Wednesday set to vote on a second batch of reforms that must pass if Athens is to receive its third huge international bailout, in a key test of Prime Minister Alexis Tsipras' authority.The embattled premier suffered a major parliamentary rebellion on the cash-for-reforms deal last week, with a fifth of the lawmakers from his radical-left Syriza party voting against sweeping changes to Greece's taxes, pensions and labour rules. He was ...
Eurotunnel seeks 9.7mn euros after migrant disruption PARIS: The company that runs the cross-Channel rail tunnel said Wednesday it was seeking 9.7 million euros ($10.67 million) from the British and French governments in compensation for disruption caused by illegal migrants.In a scheduled financial statement, Eurotunnel said first-half profits were 39 million euros, after an 11-million-euro loss over the same period in 2014 inflicted by its troubled MyFerryLink unit.Eurotunnel said it was seeking the compensation after it incurred a security bill of 13 ...


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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 $-22.095 bln
Exports $23.885 bln
Imports $45.980 bln
WeeklyAugust 03, 2015
Reserves $18.536 bln