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Czech president adds to pressure on PM to quit LIDICE: Czech Prime Minister Petr Necas came under renewed pressure to quit on Saturday over charges that a close aide abused her powers, after the country's president a political rival said he believed the allegations were well-founded.The government has been in turmoil since prosecutors charged Prime Minister Petr Necas's aide, Jana Nagyova, and seven other people as part of the biggest sweep against suspected political corruption in two decades.When asked whether he thought the centre-right cabinet led by Necas should stay in office, President Milos Zeman said: "I consider the charges that have been brought to be very serious.""After hearing from the chief of police and the supreme state attorney, I am coming to the conclusion that they are based on sufficient evidence," he said in his first remarks since a series of police raids on government offices this week."This is an indirect but clear answer to your question," he ...

Putin foe Navalny nominated for Moscow mayor MOSCOW: Russia's top opposition figure Alexei Navalny faced the uphill battle of getting on the ballot for Moscow mayor on Saturday after being nominated for the post by other leaders of the country's nascent protest movement.The 37-year-old lawyer by training became the star of the street protests that erupted in Moscow more than a year ago by orating some of the most fervent speeches against President Vladimir Putin's 13-year-rule.He drew ever-larger crowds through charisma and ...
Turkey protesters refuse to leave Istanbul park ISTANBUL: Turkish protesters on Saturday refused to evacuate an Istanbul park despite a concession by Prime Minister Recep Tayyip Erdogan to halt the site's redevelopment, in a potential escalation of two weeks of anti-government unrest."We will continue our resistance in the face of any injustice and unfairness taking place in our country," the Taksim Solidarity group, seen as most representative of the protesters, said in a statement after all-night discussions with campers in Gezi Park.Copyright ...
US 'unconvincing' on Syria chemical weapons use: Russia MOSCOW: Russia said on Friday that data provided by the United States on Syrian President Bashar al-Assad's alleged use of chemical weapons was "unconvincing" and warned that direct military aid to rebels would hurt peace efforts.President Vladimir Putin's top foreign policy adviser said US officials had recently presented Russia with new information about Assad's alleged chemical weapons use."What was presented by the Americans does not look convincing to us," Yury Ushakov told reporters."The information that ...
Obama to meet Merkel's main opposition rival in Berlin BERLIN: US President Barack Obama will also meet Angela Merkel's chief opposition rival in upcoming elections as well as the German chancellor and president during his visit next week to Berlin, the government announced on Friday.Obama, who is due in the German capital from late Tuesday with his wife Michelle after attending a G8 summit in Northern Ireland, will meet Peer Steinbrueck, the centre-left Social Democrats' (SPD) candidate for chancellor.Three months from elections, polls indicate ...
EU to take Chinese steel dispute to WTO: Commission PARIS: The European Union will lay a complaint against China at the World Trade Organization over Chinese tariffs on imported stainless steel pipes, European Commission Vice President Antonio Tajani said on Thursday.Tajani, who is also EU Industry Commissioner, told French radio station Europe 1: "The European Commission is going to lay a complaint before the World Trade Organization concerning China", without specifying when.Copyright AFP (Agence France-Presse), 2013 ...
Belarus tries opposition activist for treason MINSK: An oil refinery mechanic went on trial in Belarus on Wednesday on treason charges after the government said it had foiled his attempt to pass information to foreign powers.The defendant, Andrei Gaidukov, said in a letter read out by a supporter before the start of the trial that he was accused of seeking financing from the CIA.The secretive ex-Soviet state released few details of the case, while rights activists said the defendant had taken ...

 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyMay
Trade Balance $-2.171 bln
Exports $2.175 bln
Imports $4.346 bln
WeeklyJune 17, 2013
Reserves $11.446 bln