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British PM mocked for eating hot dog with knife and fork LONDON: Britain's Prime Minister David Cameron has been skewered in the middle of a tense election campaign -- for eating a hot dog with a knife and fork.The Conservative leader's visit on Monday to a voter barbecue backfired as an attempt to appear as an everyman, relaxing in a blue shirt as the beer flowed.The image was shattered when Cameron picked up cutlery to tackle the sausage-stuffed bread roll.Newspapers and social media seized on the photograph of Cameron using the cutlery as evidence that the prime minister is posh and unrelatable -- an image his party has battled to shake."David Cameron doesn't know how to eat a hot dog" announced the Metro; "I won't try to hide the fact I am posh" was the headline of the Daily Mail."What kind of person eats a hot dog with a knife and fork?" asked The Times journalist David Jack."I do the same ...

Italy PM Renzi rules out spending cuts, tax hikes in 2015 ROME: Italy's 2015 budget contains no new spending cuts or tax hikes, Prime Minister Matteo Renzi said on Tuesday, outlining a financial planning document that sees the deficit falling from 2.6 percent of GDP this year to 1.8 percent in 2016."There are no cuts, there is no increase in taxes," he told reporters after a cabinet meeting that signed off on the 2015 financial and economic planning document for the coming three years.Renzi confirmed the ...
Greece puts a figure on World War Two reparation claims from Germany ATHENS: Greece's deputy finance minister said on Monday Germany owes Greece nearly 279 billion euros ($305.17 billion) in reparations for the Nazi occupation of the country. Greek governments and also private citizens have pushed for war damages from Germany for decades but the Greek government has never officially quantified its reparation claims. A parliamentary panel set up by Prime Minister Alexis Tsipras's government started work last week, seeking to claim German debts, including war reparations, ...
Italy arrests Turkish man linked to outlawed leftist group ROME: Italian police have arrested a Turkish national allegedly linked to a ultra-leftist group blamed for two recent deadly shootouts in Istanbul, the Agi news agency reported on Monday.Turkey had been seeking his extradition for an attack on a bank in Ankara in 1995.The man, believed to be a member of Turkey's outlawed Marxist Revolutionary People's Liberation Party-Front (DHKP-C), was arrested in Mestre, a port on the Adriatic Sea close to Venice, Agi said. He ...
Twitter and YouTube blocked in Turkey after court decision: source ISTANBUL: Access to Twitter and video-sharing website YouTube were blocked in Turkey on Monday following a court decision based on complaints from individuals, a source in Turkey's telecoms industry said.Turkey temporarily blocked Twitter and Youtube in the run-up to local elections in March 2014, after audio recordings purportedly showing corruption in then-Prime Minister Tayyip Erdogan's inner circle were leaked on their sites.Copyright Reuters, 2015 ...
Nerdy Miliband steps up as UK election nears LONDON: Despite an awkward public image and the dark story of his rise to power, British opposition leader Ed Miliband is confounding critics ahead of an election that could make him prime minister.The 45-year-old, long seen as a drag on the Labour party's chances and the target of leadership coup rumours just a few months ago, has matched up surprisingly well against Conservative leader David Cameron in the campaign."I've been underestimated at every turn," he ...
Power a poisoned chalice for leader of Britain's Lib Dems LONDON: Just before the leader of Britain's Liberal Democrats, Nick Clegg, entered government with the Conservatives in 2010, Angela Merkel is said to have remarked that, in coalitions: "The little party always gets smashed."The deputy prime minister's experience has borne that out and polls suggest that he and his party are now so unpopular that he could lose his seat at the May 7 election, ending his frontline political career.Many voters see Clegg, 48, as ...


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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
WeeklyApril 16, 2015
Reserves $16.818 bln