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Britain's UKIP set for landmark poll win ROCHESTER: Britain's anti-EU UK Independence Party (UKIP) was set to claim its second seat in parliament, as votes were counted early Friday in the town of Rochester, potentially foreshadowing a political upheaval at next year's general election.The by-election in southeast England on Thursday was called after MP Mark Reckless defected in September from Prime Minister David Cameron's Conservative Party to UKIP, which wants strict quotas on immigration.Speculation over further defections to UKIP swirled after Reckless suggested two more Conservative lawmakers could switch, piling pressure on Cameron six months from the May general election.Furious campaigning by the Conservatives to keep the once-safe Rochester and Strood seat failed to steal back momentum, and experts portrayed the election as a historic moment in British politics if surveys indicating a UKIP win are borne out.As he arrived at the vote counting centre dressed in a dark suit, the UKIP candidate Reckless told reporters he ...

Russian and Saudi foreign ministers to meet in Moscow MOSCOW: Russian Foreign Minister Sergei Lavrov will meet his Saudi counterpart, Prince Saud al-Faisal, in Moscow on Friday, the Russian foreign ministry said Thursday, as Iran and world powers seek to reach a deal on nuclear talks.The Russian ministry announced the previously unscheduled meeting will take place on Friday morning but did not give any details of what would be discussed.The Saudi foreign minister is due to meet US Secretary of State John Kerry in ...
Serbia strikes loan agreement with IMF BELGRADE: Serbia said on Thursday it had reached agreement with the International Monetary Fund on a new loan deal designed to reassure investors after months of uncertainty.Serbia has been seeking a precautionary loan deal to replace a previous arrangement frozen by the lender in early 2012 over broken spending promises.The IMF wrapped up two weeks of negotiations on Thursday and was due to hold a news conference at 2 p.m. (1300 GMT)."Today you will be ...
Britain issue warning over hacked webcams LONDON: Hackers have accessed household webcams, baby monitors and CCTV cameras with footage appearing online on a website in Russia, Britain's privacy watchdog warned Thursday.The Information Commissioner's Office (ICO) said that hackers were taking advantage of devices without security protection and with weak passwords.Homes and businesses across the UK have been targeted, including a gym in Manchester, a house in Birmingham, and an office in Leicester."The website, which is based in Russia, accesses the information ...
Russian navy ships steam off after G20 in Australia SYDNEY: Four Russian navy ships that appeared off Australia's northern coast amid heightened tensions ahead of the G20 summit have now left, military officials said Thursday.The ships, including a guided missile cruiser, a destroyer, a tug boat and a refuelling vessel were detected last week in international waters ahead of the arrival in Brisbane of Russian President Vladimir Putin for the meeting of world leaders.Their appearance came after Prime Minister Tony Abbott threatened to "shirtfront" ...
Russia fights Western 'propaganda' as critical media squeezed MOSCOW: Russia has opened a television channel in Britain and launched a new foreign news service called Sputnik as it pulls out all the stops to promote its "alternative" voice abroad, while at home it cracks down on opposition media.At the lavish launch of Sputnik last week, its chief Dmitry Kiselyov, who has famously said Russia was the only country capable of turning the United States into "radioactive ash", said the new service aims to ...
UN calls for end to open defecation amid Ebola threat GENEVA: The UN called Wednesday for an end to defecation in the open, with fears growing that it has helped spread the deadly Ebola virus ravaging west Africa. Half the population of Liberia, the country worst hit by the epidemic, have no access to toilets, while in Sierra Leone nearly a third of people live without latrines, a new UN report to coincide with World Toilet Day estimated.Before it was declared Ebola-free last month, Nigeria ...


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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