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Merkel warns SPD to shun coalition with Left in eastern state APOLDA: Chancellor Angela Merkel warned the centre-left Social Democrats (SPD), her junior partners in national government, against forming a coalition to install the first hardline Left party regional premier after Sunday polls in the eastern state of Thuringia."There's something strange happening in Thuringia," Merkel said, referring to speculation the SPD might switch allegiances in Thuringia, where they are now junior partners in a similar grand coalition as at the national level in Berlin, and join a coalition with the Left.In an unusually blunt campaign speech in the town of Apolda, Christian Democrat (CDU) leader Merkel told the SPD it would be unfaithful to its traditions if it joined forces with the Left to elect the first Left party state premier in united Germany."There's a big national party here, the SPD, with a proud history nationally. But before this state election, they're signalling that no matter how strong the CDU is ...

Putin trying to destroy Ukraine, says its PM KIEV: Ukraine's prime minister said on Saturday Russian President Vladimir Putin aimed to destroy Ukraine as an independent country and said only NATO could defend the ex-Soviet republic from external aggression.Kiev and its Western backers accuse Moscow of sending troops and tanks into eastern Ukraine in support of pro-Russian separatists battling Ukrainian forces in a conflict that has killed more than 3,000 people. Russia denies the accusations.A fragile ceasefire negotiated by envoys from Ukraine, Russia, ...
Turkey needs Asian markets to boost growth ISLAMABAD: Turkey needs to focus on exporting to Asia, the world's largest and most dynamic market, to reduce its trade deficit and increase growth, the United Nation's development representative said.Kamal Malhotra, the UN Development Program's resident representative in Ankara, said Turkey needed to turn its attention east instead of concentrating on trade with Europe, Anadolu news agency reported.Malhotra's remarks came after Turkey announced 2.1 percent growth in the second quarter of 2014, a fall on ...
Russia's Foreign Ministry promises swift retaliatory measures to US sanctions MOSCOW: Russia's Foreign Ministry said it would respond quickly with retaliatory measures to the latest round of US sanctions that it criticised as another "hostile step". "Of course our retaliatory measures will not keep you waiting," the ministry said in an online statement."We see Washington's introduction of new anti-Russian sanctions as another hostile step in line with the confrontational course taken by the American administration."Copyright Reuters, 2014 ...
Second Russian aid convoy arrives in Ukrainian city of Luhansk MOSCOW: More than half the vehicles of a Russian humanitarian aid convoy have arrived in the eastern Ukrainian city of Luhansk, Russian media reported on Saturday.News agency RIA Novosti said that 100 lorries arrived on Saturday morning, with around 100 more lorries expected to reach the city during the course of the day.The convoy, the second sent by Russia to the rebel-held city, contains 1,880 tonnes of aid including canned food, sugar, flour and diesel ...
Tories pick London Mayor Boris Johnson to run for parliament LONDON: London Mayor Boris Johnson was on Friday chosen by his Conservative Party as their candidate to fight for a west London seat at next year's parliamentary election, raising the spectre of a future tilt at becoming prime minister.Johnson said he was "obviously thrilled" after seeing off the challenge of three rivals to win the backing of the Tories in the safe seat of Uxbridge and South Ruislip.Johnson won on the first count following a ...
Former Northern Irish leader Ian Paisley dies aged 88 LONDON: Former Northern Irish first minister Ian Paisley, the firebrand Protestant leader who struck a power-sharing deal with former foes Sinn Fein, died on Friday at the age of 88.A towering figure during the Troubles in Northern Ireland who was known for his decades of intransigence and impassioned rhetoric, Paisley had been ill for some time."My beloved husband, Ian, entered his eternal rest this morning," his wife Eileen said on behalf of the family."Although ours ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 15, 2014
Reserves $13.414 bln