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French foreign minister to attend Friday's Iran talks PARIS: French Foreign Minister Laurent Fabius will attend international talks on Iran's disputed nuclear programme in Geneva on Friday, his ministry announced, amid high hopes that the meeting will produce a deal.Fabius's unexpected attendance will further fuel speculation that a historic agreement may be in sight, following an announcement late Thursday that US Secretary of State John Kerry would also join the negotiations.Copyright AFP (Agence France-Presse), 2013 ...

France says 'plausible' al Qaeda killed journalists in Mali PARIS: France said on Thursday that al Qaeda's north African branch had likely killed two French journalists in Mali at the weekend as the group had earlier claimed."We're in the process of verifying it, but it seems plausible," French Foreign Minister Laurent Fabius told French television, referring to the claim over the murders of Ghislaine Dupont and Claude Verlon in the flashpoint northeastern town of Kidal on Saturday.Copyright AFP (Agence France-Presse), 2013 ...
Italian business lobby warns on deflation BRUSSELS: The head of Italy's main business lobby Confindustria warned on Wednesday that falling prices and a strong euro were threats to the country's economy, the day before the European Central Bank meets to decide on euro zone interest rates.Italian consumer prices fell 0.3 percent in October, with the annual inflation rate dropping to a four-year low of 0.7 percent, surprising analysts who had expected inflation to accelerate on the back of an increase in ...
BAE set to cut 1,000 shipbuilding jobs in Britain: report LONDON: British arms maker BAE Systems is set to axe more than 1,000 jobs at its shipbuilding yards in Scotland and southern England, the BBC reported Wednesday.The report said BAE Systems will announce soon that it will stop shipbuilding at Portsmouth, on England's south coast, and slash jobs at its Govan and Scotstoun yards in Glasgow.It added that the announcement was expected after a major drop in workload following the completion of two aircraft carriers ...
Bosnia passes ID law, ending row that cost a baby's life SARAJEVO: Bosnian lawmakers passed a long-awaited law on identity documents on Tuesday, ending a dispute between ethnic groups that had cost the life of a baby in June. The law bowed to the demands of Bosnia's autonomous Serb Republic in splitting ID registration districts along the territorial lines laid down with the end of the Balkan country's 1992-95 civil war. Months of ethnic political bickering over how to issue the 13-digit identity ...
Greek PM says country not at ‘war’ with EU/IMF lenders ahead of visit ATHENS: Greece is not at "war" with the European Union and International Monetary Fund, Prime Minister Antonis Samaras said on the eve of the latest review by the lenders to decide whether to pay the next tranche of bailout loans.Inspectors from the EU, IMF and the European Central Bank,known collectively as the "troika," resume a visit to Athens on Tuesday to check how far the country has come in meeting its bailout commitments, including privatizations.Doubts ...
Bodies of two journalists killed in Mali arrive in Paris PARIS: The bodies of two French journalists who were shot dead in Mali arrived in Paris early on Tuesday, a source at the capital's Charles de Gaulle airport said.The Air France flight carrying the coffins with Ghislaine Dupont, 57, and Claude Verlon, 55, touched down just after 7:00 am (0600 GMT), the source said on condition of anonymity.Copyright AFP (Agence France-Presse), 2013 ...


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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 $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln