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Some Ukrainian troops withdraw from key town as battle rages KIEV: Some Ukrainian troops were pulling out of Debaltseve, a strategic eastern town besieged by pro-Russian rebels, while others engaged in "full-scale street fighting" with the separatists, an official there told AFP by telephone."We are evacuating some of our units," deputy regional police chief Ilya Kiva said. "But full-scale street fighting continues , and there was also a small tank battle." He said it was "important" that reinforcements be sent to the town.Copyright AFP (Agence France-Presse), 2015 ...

Greece eyes pain-free EU loan deal ATHENS: Greece was expected Wednesday to bid for extra debt crisis aid from the EU without strings attached, ahead of a closely-watched ECB meeting on the country's emergency funds.Athens will send a letter to Jeroen Dijsselbloem, the head of the Eurogroup, requesting a six-month extension on its European loan agreement while sidestepping the duties of a full-blown bailout, Greek public television said."We should extend the credit programme by a few months to have enough stability ...
Ukraine rebel leader recovering from injury MOSCOW: A separatist rebel leader in eastern Ukraine has been wounded and was on Wednesday recovering in hospital after a firefight in the town of Debaltseve where violence is continuing despite the European-brokered truce.Alexander Zakharchenko, the head of self-proclaimed Donetsk People's Republic in eastern Ukraine that has been fighting with Ukrainian forces, told Life News website that his life was not in danger."We are alive. Nobody was killed, not me and not anyone from my ...
Tighter start with eyes on central banks, Greece LONDON: Synthetic credit indices in Europe are tighter on the open after the S&P eked out a record close yesterday and the Nikkei added 1.18% overnight on a bout of modest yen weakness. Elsewhere in Asia is subdued courtesy of the Chinese New Year holidays, with SPH5 marginally in the black and Treasuries bouncing slightly after yesterday's heavy losses to leave 10-year yields just over 2.12% and the curve a couple of basis points flatter.The ...
Rising Swedish inflation expectations ease pressure on central bank STOCKHOLM: Short-term inflation expectations in Sweden have risen this month, a survey commissioned by the central bank showed on Wednesday, taking some pressure off it to ease policy further.Money market players saw inflation in one year at 0.7 percent and in two years at 1.3 percent, the poll by TNS Prospera showed. That compared with 0.6 percent and 1.2 percent respectively in the January survey.Long-term inflation expectations were unchanged from the previous month however, with ...
Ukraine urges West to get 'tough' on Russia after rebels storm town SOLEDAR: Ukraine on Tuesday appealed to the West to get "tough" on Russia after pro-Moscow separatists stormed a flashpoint town to attack thousands of government troops, violating a three-day-old ceasefire.The UN and Western powers called for an immediate end to hostilities in eastern Ukraine as fierce fighting around the town of Debaltseve threatened the latest attempt to end the bloody 10-month conflict.The US condemned the violence, which it blamed on "separatist forces acting in concert ...
Putin visits his EU friend, Hungary's Orban, amid Ukraine tension BUDAPEST: Russian President Vladimir Putin paid a visit to Budapest on Tuesday, showing the world he still has a friend in Europe in Hungary's Prime Minister Viktor Orban despite East-West tension over Ukraine. Though Putin can count on some support in Bulgaria, Slovakia, Greece and Italy, Orban is unquestionably his closest ally despite gaining prominence as a strong anti-Russian and anti-communist leader in the last days of communism in the 80s.Fears that tough-talking Orban is ...


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ICT 2014

Foreign Debt $61.805bn
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WeeklyFebruary 26, 2015
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