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Putin urges Hollande to 'minimise risks' between Russia and France BRISBANE: Russian President Vladimir Putin on Saturday called on French President Francois Hollande to join him to "minimise the risks" between their countries after months of growing tensions."We have to do everything we can to minimise the risks and the negative consequences for our bilateral relations," Putin said on the margins of the G20 summit.Copyright AFP (Agence France-Presse), 2014 ...

Five civilians including two children die in east Ukraine: officials KIEV: Five civilians including two children have been killed in shelling in eastern Ukraine, local officials said Saturday.The deaths came in Gorlivka, north of the rebel stronghold of Donetsk, late Friday, the local council in the rebel-held city said, adding that a further 12 people were also injured.Copyright AFP (Agence France-Presse), 2014 ...
Obama announces $3bn contribution to Green Climate Fund BRISBANE: President Barack Obama on Saturday formally announced a $3 billion US contribution to an international fund to help poor countries cope with the effects of climate change."Today, I'm announcing that the United States will take another important step. We will contribute $3 billion to the Green Climate Fund to help developing nations deal with climate change," he said in a speech at Queensland University in Brisbane, where he is attending the G20 meeting.The contribution ...
Russia sees chance of deal at nuclear talks with Iran BRISBANE: A senior Russian diplomat said a deal could be reached this month between world powers and Tehran on curbing Iran's nuclear programme if there is the will in Washington and Tehran.In Australia for a meeting of the G20 major and developing economies, Deputy Foreign Minister Sergei Ryabkov told reporters six world powers and Iran had never been so close to an agreement and it could be reached by a Nov. 24 deadline."Therefore, from (Nov.) ...
Russian aggression against Ukraine a threat to world: Obama BRISBANE: The United States, as the world's only superpower, is leading the global community in opposing Russia's aggression against Ukraine, as well as other threats, US President Barack Obama said on Saturday."We're leading in dealing with Ebola in West Africa and in opposing Russia's aggression against Ukraine, which is a threat to the world, as we saw in the appalling shoot-down of MH17," Obama said at a speech in the Australian city of Brisbane, where ...
Russia says not involved in recent Ukraine escalation BRISBANE: Russia was not involved in the recent escalation of military activity in south-eastern Ukraine and supported the implementation of the ceasefire agreed in Minsk in September, a Kremlin spokesman said on Saturday."We are not involved," Kremlin foreign policy aide Yuri Ushakov told reporters at a G20 meeting in Australia. Russia had met with other BRIC leaders on Saturday, who had all offered their support over the matter, he said."They all said that the sanctions ...
Merkel heads for pub in Brisbane BRISBANE: Most of the world's powerhouse leaders arriving in Brisbane for the G20 summit headed in motorcades to relax at their luxury hotels, but not Angela Merkel who opted for the pub.The German Chancellor -- leader of one of the world's biggest beer-producing nations -- was determined to see some of the Queensland capital before high-powered weekend talks on issues such as economic growth and tax evasion.After jetting in mid-evening on Friday, she made an ...


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Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln