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Made in Ukraine: local products get boost in war-wracked nation KIEV: From the president's wife to thrifty students, a growing number of Ukrainians are buying local as rising patriotism and a boycott of Russian goods sees them support the domestic market.Tucked away far from the city centre and hard to find, the showroom for local clothing brand "Must Have" used to be empty most of the time. Nowadays it is buzzing."There was no chance that someone would just come here accidentally. We are not a boutique on the main street of Kiev," said Anna Kovalenko, one of the founders. "And those who used to come usually questioned the quality of clothes just because the brand was Ukrainian." But National Flag Day on August 23 marked a dramatic turning point in the company's history when Ukraine's first lady Maryna Poroshenko -- wife of billionaire pro-Western leader Petro Poroshenko -- wore a "Must Have" dress to the televised ceremony. That struck a ...

German conservatives to fete Merkel at party congress BERLIN: German Chancellor Angela Merkel will rally the conservative faithful this week at their party congress, which is all but certain to jubilantly re-elect her as their unchallenged party chief.The only real question is whether she will match or even top the 97.94 percent she won in the 2012 vote, the latest such meeting of a party sometimes mocked as the "club for the election of the chancellor".While leaders of crisis-battered European countries, such as ...
Putin hopes for new deal on ceasefire in east Ukraine MOSCOW: Russian President Vladimir Putin said after talks with French President Francois Hollande on Saturday that he hoped a new agreement on implementing a ceasefire in eastern Ukraine would be reached soon.A ceasefire has been in place since Sept. 5 in eastern Ukraine but it has been violated frequently. Putin told reporters that Russia, which annexed the Crimea peninsula in March, supported the territorial integrity of Ukraine. Copyright Reuters, 2014 ...
Hollande to meet Putin in Moscow MOSCOW: French President Francois Hollande will hold talks with Russian President Vladimir Putin in Moscow on Saturday, the Kremlin said on Saturday.A Kremlin spokeswoman gave no further details. But Russia's Rossiya-24 state television said Putin and Hollande planned to discuss Ukraine and France's decision to suspend indefinitely the delivery of the first of two Mistral helicopter carriers to Moscow because of the crisis in Ukraine.Russian news agencies said Hollande would make the visit on his ...
Artificial intelligence: Hawking's fears stir debate PARIS: There was the psychotic HAL 9000 computer in "2001: A Space Odyssey".The humanoids which attacked theirflesh-and-blood masters in "I, Robot". And, of course, "The Terminator", where a robot is sent into the past to kill a woman whose son will end the tyranny of the machines in the future. Never far from the surface, a dark, dystopian view of artificial intelligence (AI) has returned to the headlines, thanks to British physicist Stephen Hawking."The primitive ...
British MPs call for overhaul of surveillance laws LONDON: British surveillance laws are flawed and must be overhauled to stop police accessing the phone records of journalists, a group of lawmakers said in a report on Saturday. Police officers routinely fail to note the professions of people whose communications data has been accessed, according to the report by the Home Affairs Select Committee, a cross-party group that oversees the Home Office. This raised concern for professions such as journalists who speak to whistleblowers ...
Family of Brits murdered in Thailand say evidence convincing LONDON: The families of two Britons murdered in Thailand said evidence against Myanmar migrants accused of the crime is convincing, in statements supportive of a much-criticised police investigation on Friday.Migrant workers Zaw Lin and Win Zaw Tun are accused of murdering 24-year-old David Miller and raping and murdering Hannah Witheridge, 23, on the Thai diving resort of Koh Tao in September. The defendants, both aged 21, are due to enter a plea in the trial ...


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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