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I want to be president: Russian opposition leader Navalny MOSCOW: Charismatic Russian opposition leader Alexei Navalny, a leading critic of President Vladimir Putin, declared his ambition to stand for president as he prepares for a trial that could see him jailed.Navalny said he expected to be convicted in the embezzlement case, which his supporters claim is politically motivated, but insisted he did not fear prison and would jail his top foes if he came to power."I want to be president," he told the opposition Dozhd (Rain) television channel in a late-night interview Thursday."I want to change life in the country. I want to change the way it is ruled. "I want to do things so that the 140 million people who live in this country, who have oil and gas coming out of the ground, do not live in poverty or dark squalor and live normally like in a European country."A Russian court announced Thursday that Navalny would go ...

Turkey nears decision on $22bn nuclear plant ANKARA: Turkey is close to making a decision in a $22 billion tender as a report said a Japanese-French consortium was in the lead to build the country's second nuclear plant to power its rapidly developing economy."There is no scheduled timeline when the tender process will be finalised but all I can say is that we are nearing the end," a senior energy ministry official told AFP on condition of anonymity.Japan's Mitsubishi Heavy Industries in ...
Turtle species not extinct: it never existed, study PARIS: A Seychelles freshwater turtle species declared extinct after decades of futile searches, in fact never existed, scientists said Thursday.While Man has the extinction of several turtle and tortoise species on his conscience, DNA evidence has now cleared him of exterminating Pelusios seychellensis, a team from Germany and Austria wrote in the journal PloS One."It never existed," the researchers said.Genetic comparisons showed the species to be one and the same as a widespread West African ...
EU calls on North Korea to return to talks BRUSSELS: North Korea must stop stoking tensions and instead re-engage with the international community, the European Union said Thursday after Pyongyang warned it is ready to launch a nuclear attack on the United States.EU foreign affairs chief Catherine Ashton said she deplored Pyongyang's announcement it would reopen its mothballed Yongbyon reactor which supplied plutonium for its weapons programme.This decision was "in clear violation" of UN resolutions and commitments made in 2007 when the North agreed ...
Hollande campaign treasurer had companies in tax haven: report PARIS: President Francois Hollande's one-time campaign treasurer holds shares in two companies registered in the Cayman Islands tax haven, a report said Thursday, in another potential political headache for France's embattled Socialist government.The report in Le Monde newspaper emerged with Hollande on the defensive after his former budget minister, Jerome Cahuzac, was charged in a tax fraud probe after he admitted to having a secret foreign bank account and repeatedly lying about it.Based on an ...
Italy delays decree to pay state debts to companies ROME: Italy's caretaker government said it was delaying approval of a decree to pay back some 40 billion euros ($51 billion) of state debts to private firms, adding to the confusion already created by February's deadlocked election. The legislation, which Mario Monti's outgoing administration says can provide vital liquidity to cash-strapped companies and help tackle a deep recession, was scheduled to be approved at a cabinet meeting on Wednesday evening. But a statement said the ...
French government reeling from ex-minister tax scandal PARIS: France's Socialist government was reeling from an explosive tax fraud scandal Wednesday as critics questioned how much President Francois Hollande knew about a former budget minister's secret foreign bank account.Jerome Cahuzac -- the minister responsible for cracking down on tax evasion until he resigned two weeks ago -- was charged Tuesday with "laundering the proceeds of tax fraud" after he admitted to having a foreign bank account containing some 600,000 euros ($770,000), following weeks ...

 



 
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Banking Review 2013


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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln