Just in:  

You are here: Home»World»Europe



Russia carried out snap military drills in Kaliningrad region MOSCOW: President Vladimir Putin ordered snap military drills in Russia's westernmost Kaliningrad region earlier this month, the Defence Ministry said on Tuesday. The drills, which mobilised 9,000 soldiers and more than 55 naval ships, were carried out to test the military's combat readiness in Kaliningrad, an exclave that borders NATO members Lithuania and Poland. The drills were carried out between Dec. 5-10. "The exercise involved units of missile troops, artillery, mechanised infantry, airborne troops, marine forces, units of reconnaissance, communications, logistics, as well as combat and military transport aircraft, helicopters and ships of the Baltic Fleet," TASS news agency said, citing the Armed Forces General Staff. Russia has carried out numerous snap military drills since ties with the West plummeted in the crisis over Ukraine and Moscow has criticised what it called a build-up of NATO forces near Russia's borders. Kiev and the West say some of those exercises carried ...

Three arrested in raid on British 'slave' factory LONDON: British police arrested three suspected slave masters after a raid on a factory freed 20 Eastern European migrants paid 25 pounds ($39, 31 euros) to work 80-hour weeks on Monday.Police said that the factory in Manchester in northwest England was producing pictures and frames for "major high street companies" and had contracts worth millions of pounds."The men and women working in the factory have told us that they were subjected to physical and verbal ...
'Bomb threat' causes delays at Zurich airport GENEVA: A bomb threat caused flight delays and the partial shut-down of Switzerland's main airport in Zurich on Monday before security forces gave the all-clear, reports and officials said.Around a dozen flights were delayed by up to 30 minutes, police said, as a result of what they said was an unspecified threat. No flights were cancelled.Local media said the security alert had been caused by an anonymous caller making a bomb threat."Everything is back in ...
Turkey's Aug-Oct unemployment rate rises to 10.5pc ISTANBUL: Turkey's unemployment rate rose to 10.5 percent in the three months between August and October, the Turkish Statistics Institute said on Monday, compared with 10.1 percent between July and September. The non-farm unemployment rate, also measured on a three-month average, was 12.7 percent during the period of August to October, the data showed. Copyright Reuters, 2014 ...
French police dismantle network sending fighters to Syria PARIS: French police launched raids across the country early on Monday, dismantling a network sending fighters to Syria, a police source told AFP.Elite and anti-terror police units descended on around a dozen targets, mostly in the southern region of Toulouse, but also around Paris and in the northern region of Normandy, the source said on condition of anonymity.Copyright AFP (Agence France-Presse), 2014 ...
Belgian unions launch national strike against austerity BRUSSELS: Belgium braced Monday for the biggest national strike in years after unions grounded all flights and severed international rail links in protest at the new government's austerity policies. The strike that began at airports and train stations late Sunday also threatened to halt bus, tram and metro services as well as hit schools, businesses, factories and government offices throughout the country later Monday.The protest is the climax of a union movement involving the Christian ...
Russian arms sales soar on domestic spending STOCKHOLM: Sales by Russian arms manufacturers continue to expand thanks to Moscow's investments despite a downturn in global defence spending, a Stockholm-based think-tank said Monday."The remarkable increases in Russian companies' arms sales in both 2012 and 2013 are in large part due to uninterrupted investments in military procurement by the Russian government during the 2000s," said Siemon Wezeman, senior researcher at the Stockholm International Peace Research Institute (SIPRI).Sales by Russian-based arms firms grew by 20 ...


Index Closing Chg%
Arrow DJIA 17,778.15 2.43
Arrow Nasdaq 4,748.40 2.24
Arrow S&P 2,061.23 2.40
Arrow FTSE 6,466.00 2.04
Arrow DAX 9,811.06 2.79
Arrow CAC-40 4,249.49 3.35
Arrow Nikkei 17,210.05 2.32
Arrow H.Seng 22,832.21 1.09
Arrow Sensex 27,126.57 1.56

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln