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Spain hails passersby who helped military air crash survivors MADRID: Spanish authorities on Sunday hailed as heroes three people who helped rescue two survivors of an Airbus A400M military plane crash near Seville airport that killed four people the previous day."Talking with Manuel, the farmer who saved the injured of the A400M crash in Seville. A hero for all of us," Prime Minister Mariano Rajoy wrote in a Twitter message alongside a photo of him meeting with one of the three rescuers.Manuel and two other people who were near Seville airport when the military plane crashed Saturday during a test flight with six people on board rushed to the scene and helped pull the two survivors from the windows of the plane, according to Spanish media reports.The pair was taken to hospital with serious injuries."What we have to do during times like this is acknowledge the... attitude of these three citizens, which must be recognised by society," the head ...

Europeans resist 'mad' EU refugee quota plan BRUSSELS: Key European governments are fiercely resisting an EU plan that would force the bloc's 28 member states to share the burden of hosting refugees in the wake of the migrant tragedies in the Mediterranean. The European Commission unveils the plan Wednesday and is facing push back from powerful member states such as Britain and the eastern Europeans, with Hungarian premier Viktor Orban calling the proposal "mad".The proposal, seen by AFP on Sunday, complements a ...
UK press says Cameron's toughest fight yet to come LONDON: Britain's Saturday newspapers said David Cameron's election win was a remarkable triumph of quiet conservatism, but leaves him facing battles to keep Scotland in the UK and Britain in the EU.The Conservative centre-right prime minister's second term in office is set to be much tougher than his first, despite winning a surprise majority in parliament, the papers warned. They also reflected on how the defeated centre-left Labour and centrist Liberal Democrat parties could rebuild ...
Dutch king insult case sparks royal outrage THE HAGUE: A decision to drag a Dutch activist before a judge for insulting King Willem-Alexander has sparked outrage in liberal-minded Netherlands and prompted prosecutors to re-evaluate the case based on a century-old law.Abulkasim al-Jaberi was arrested in November when television cameras showed him spouting a stream of profanity aimed at the king, Queen Maxima and the royal house.Al-Jaberi was part of a demonstration in Amsterdam against the Dutch "Black Pete" children's figure, which opponents ...
UKIP leader Nigel Farage loses British parliament bid MARGATE: UK Independence Party leader Nigel Farage has failed to win a seat in Britain's parliament as his anti-EU party suffered a series of setbacks, final results from the general election showed on Friday.The 51-year-old Farage, who had promised to step down if he did not win a seat, said he felt "an enormous weight has been lifted from my shoulders"."I think the time has come for real genuine radical political reform," he said, pointing ...
Labour's Miliband steps down after UK election 'humiliation' LONDON: Despite hopes that the public had warmed to him during a fractious campaign, Ed Miliband and his Labour Party suffered a devastating rout in Thursday's British general election, triggering his immediate resignation.Written off as a political insider lacking charisma just a few months ago, the 45-year-old had won plaudits for his tough campaign style and some observers saw leadership material despite his awkward image.Centre-left Labour was neck-and-neck with the centre-right Conservatives in opinion poll ...
Hungary's Orban wants free rein on death penalty BUDAPEST: Hungarian Prime Minster Viktor Orban raised again on Friday the thorny topic of the death penalty in the European Union, saying member states should be able to decide on the issue themselves."We want to form European public opinion toward bringing back to national competency level the question of whether to introduce the death penalty or not," Orban said in a radio interview."If that happened, then we could decide whether to bring it in or ...


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Banking Review 2014

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