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Barroso attacks UK Conservatives for ‘copying’ UKIP STRASBOURG: The president of the European Commission hit out at the leader of the British Conservatives in the European Parliament on Wednesday, saying his party's copying of the eurosceptic UKIP group risked election defeat.In unusually frank remarks, Jose Manuel Barroso broke with the Commission's usual reluctance to comment on national politics to challenge the Conservatives' stance of questioning Britain's continued membership of the European Union.Responding to criticism from Martin Callanan that he had not "delivered on any of the big promises or any of the grand rhetoric", Barroso countered that the Conservatives risked losing British elections to the eurosceptic UK Independence Party led by Nigel Farage."I think increasingly your party and your Group is looking like UKIP, a Eurosceptic, anti-European group," Barroso said, having earlier delivered his annual "state of the EU" speech."And I am starting to have some doubts that you are going to be elected yourself in Britain, ...

Fate of $23bn L'Oreal stake points to future of Nestle PARIS: Marriage, divorce or continued cohabitation? Nestle, the world's biggest food company, is under pressure to make its intentions clear towards L'Oreal, its partner of 40 years, when the ties that bind them loosen next year.The decision is the preserve of long-serving Chairman Peter Brabeck, who is trying to reposition Nestle away from reliance on processed foods toward higher-margin products with a "nutrition, health and wellness" profile.One can argue that L'Oreal's cosmetics and shampoos are ...
German police foil neo-Nazi model airplane bomb plan BERLIN: German police have thwarted plans by neo-Nazis to attach makeshift bombs to model airplanes and target a gathering of their political opponents, prosecutors in the southern city of Freiburg said on Tuesday.Police seized explosives, detonators and several model airplanes while searching the flats of four suspects and a neo-Nazi venue outside Freiburg last week, they said in a statement.The suspected ringleader of the plot, an unnamed 23-year-old man, was arrested. Last month he was ...
Turkish police use teargas to disperse protesters ISTANBUL: Turkish police fired rounds of teargas to disperse a crowd of several hundred demonstrators rallying in central Istanbul on Tuesday against the death of a protester in the southern province of Hatay earlier in the day, witnesses said.Dozens of riot police backed by water cannon advanced down a main pedestrian avenue and some fired teargas canisters into side streets as protesters fled after the police blocked their entrance into the city's Taksim Square.As the ...
Kerry: end to Syria war must be political not military LONDON: US Secretary of State John Kerry said on Monday that the solution to the Syrian conflict must be political not military but that the international community could not stand by while the Assad regime used chemical weapons."Let me be clear, the United States, President Obama, myself, others are in full agreement that the end of the conflict in Syria requires a political solution. There is no military solution, we have no illusions about that," ...
Austerity to stay despite recovery: British FM LONDON: British finance minister George Osborne will on Monday insist that recent economic data has vindicated his austerity measures and warn that any backtracking could jeopardise the recovery.Britain's gross domestic product (GDP) grew by 0.6 percent in the three months to the end of June, the Office for National Statistics (ONS) said last month.In a speech to be delivered later Monday, Osborne will claim that the accelerating recovery justified his measures of "fiscal responsibility and ...
Putin ally wins Moscow mayor race with 51.3pc: official MOSCOW: Incumbent Moscow mayor Sergei Sobyanin won elections in the Russian capital with over 51 percent of the vote, narrowly avoiding the need for a run-off after a strong showing by protest leader Alexei Navalny, an almost complete vote count said Monday.Sobyanin won 51.32 percent of the vote and Navalny 27.27 percent, the Moscow election commission said, in a count based on 99.6 percent of polling stations reporting.Navalny has already expressed doubt over the validity ...

 



 
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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln