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Two dead, more missing as torrential rains lash central Europe VIENNA: Two people have perished and at least seven more were missing on Sunday as torrential rains lashed central Europe, triggering floods and landslides and disrupting transport.Austria and Germany sent in army units to help with rescue efforts after rains reached record levels in some areas, while hundreds of roads have been closed and rail services cut.The banks of the mighty Danube river burst in one area in Germany while dozens of towns have been put on flood alert across a large swathe of central Europe.In Austria, one person was killed and two people reported missing following landslides triggered by heavy rains that forced several hundred people from their homes, local authorities said.Two people were also missing in neighbouring Germany following a 48-hour downpour that hit record levels in parts of the south and east, local rescue services and police said, according to the DPA news agency.But despite the heavy ...

Turkey police fire tear gas as protests spread ISTANBUL: Turkish police fired tear gas at protesters in Ankara on Sunday while thousands of people occupied Istanbul's main Taksim Square on the third day of mass demonstrations against Turkey's Islamist-rooted government.Interior Minister Muammer Guler said more than 1,700 people had been arrested in the unrest that has spread to 67 cities nationwide, though most have since been released.In Istanbul, a sea of protesters from across Turkey's political spectrum flooded the iconic square a day ...
Longer use of tamoxifen shown to cut risk of breast cancer recurrence CHICAGO: Breast cancer is less likely to recur if women previously treated for the disease take the drug tamoxifen for 10 years, instead of the recommended five years, according to a British study.The study was a component of a larger international trial, for which similar results were announced last year."I think it's huge because it's the second trial to show a benefit for 10 years versus five years," said Dr. Sandra Swain, medical director of ...
‘Cash for access’ scandal hits Britain's parliament LONDON: Three members of Britain's upper house of parliament were suspended from their parties on Sunday after media sting operations caught them apparently offering to use their influence for personal gain.The undercover investigations have thrust the issue of lobbying into the limelight and had already forced a member of the lower house of parliament, Patrick Mercer, to resign from the ruling Conservative Party and seek legal advice.The three House of Lords peers caught out by ...
Rajoy sees hope for Spain in jobless figures MADRID: Jobless figures to be released next week in Spain will be encouraging and the recession-hit country has started to turn a corner, Prime Minister Mariano Rajoy said on Saturday."I'm not counting chickens here, however I recommend that you pay attention to unemployment and social security numbers on Tuesday the 4th If the patterns we've seen are confirmed they will be clearly encouraging," Rajoy said at an economic conference.Spain's unemployment rate currently stands at 27 ...
EU's Reding says Hungary constitution 'not a toy': report VIENNA: EU Justice Commissioner Viviane Reding criticised Hungary for treating its constitution like "a toy" and called for more effective measures to sanction EU treaty violations in an interview with Austrian media on Saturday."The state of law is not to be trifled with. A constitution is not a toy that one can change every few months," Reding told the daily Der Standard when asked about the Hungarian government's numerous changes to the constitution since coming ...
Russia tries to kick habit with anti-smoking law MOSCOW: Tobacco restrictions came into force in Russia on Saturday which President Vladimir Putin hopes will create a healthier workforce and help reverse a population decline, but they face stiff opposition in a country where four in ten people smoke.The measures, part of a law Putin signed in February, include a ban on smoking at schools and universities, museums, sports facilities, hospitals and on public transport in many cases places where it is already prohibited.A ...

 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyMay
Trade Balance $-2.171 bln
Exports $2.175 bln
Imports $4.346 bln
WeeklyJune 17, 2013
Reserves $11.446 bln