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Britain braced for hurricane-force ‘Saint Jude’ storm LONDON: Hurricane-force winds are forecast to disrupt road, rail and airport networks on Monday when one of the strongest storms in decades is expected to hit the southern half of Britain during rush-hour, forecasters warned on Sunday. Local media dubbed the storm "Saint Jude", after the patron saint of lost causes who is traditionally celebrated on Oct. 28, and made comparisons to 1987 when a storm killed 18 people in Britain and felled some 15 million trees. The storm is expected to bring 80 mph (130 kph) winds and heavy rain to Britain early on Monday morning. The strongest winds could affect commuter routes north of London and across the central region, the Met Office said. Prime Minister David Cameron chaired a meeting between the Environment Agency, forecasters and government departments on Sunday to discuss contingency plans for the impact of the storm. ...

Britain braces for strong winds, floods as storm looms LONDON: Britain was braced on Sunday for its worst storm in a decade, with heavy rain and winds of more than 80 miles (130 kilometres) an hour set to batter the south of the country.The Met Office national weather centre warned of falling trees, damage to buildings and disruption to power supplies and transport when the storm hits overnight to Monday.Between 20 to 40 millimetres (0.8 to 1.6 inches) of rain is predicted to fall ...
Polls open in Georgia presidential election: AFP TBILISI: Georgians on Sunday started voting in a presidential poll to elect a successor to outgoing leader Mikheil Saakashvili with an ally of his billionaire foe Prime Minister Bidzina Ivanishvili favourite to win, an AFP correspondent reported.Giorgi Margvelashvili -- representing Ivanishvili's Georgian Dream coalition -- looked set to win the vote in the former Soviet state ahead of ex-parliament speaker David Bakradze from Saakashvili's United National Movement party.The poll marks the end of US-ally Saakashvili's ...
German spy chiefs to head to US as snooping row widens BERLIN: German spy chiefs will travel to the United States next week to demand answers following allegations that US intelligence has been tapping Chancellor Angela Merkel's mobile phone, as a row over US snooping threatened to hurt transatlantic ties.Documents leaked by former US intelligence contractor Edward Snowden showing sweeping US surveillance on ordinary citizens' Internet searches and telephone records have already sparked outrage worldwide.But the furore has intensified after allegations that world leaders including the ...
Social Democrats win Czech vote but coalition talks loom PRAGUE: Social Democrats edged out a new populist party to win Czech elections on Saturday as voters angered by years of right-wing graft and austerity veered left, full results showed. However, the fragmented outcome of the two-day ballot leaves few options for a stable majority government, analysts warned, and the parties will have to embark upon coalition talks. Social Democrats scored a hollow victory with 20.4 percent of the vote, just 1.8 percentage points more ...
Kosovo issues arrest warrant for Serb minister for illegal entry PRISTINA: Kosovo has issued an arrest warrant for a Serbian minister who entered the country illegally, a police spokesman said on Saturday, a move that may hamper implementation of a deal to normalise ties between Pristina and Belgrade. Pristina authorities said Aleksandar Vulin, the Serbian minister in charge of Kosovo, had visited ethnic Serbs living in northern Kosovo last week during campaigning for local elections on November 3. "We have received ...
Greenpeace activist hangs off Eiffel Tower in protest against Russia PARIS: A Greenpeace activist on Saturday staged a protest in a tent suspended from the second floor of the Eiffel Tower against Russia's detention of 30 members of the environmental lobby group.The activist also unveiled a banner with the slogans "Free the Arctic 30" and "Militants in prison, climate in danger", forcing authorities to close the French monument to tourists in the morning.Moscow has sparked an international outcry over its heavy-handed response after two Greenpeace ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln