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Azeri gas flows to Turkey resumed after maintenance  BAKU: BP-Azerbaijan said gas flows from Azeri Shah Deniz fields to Turkey were resumed on Tuesday after the supplies were halted last week amid reports of a pipeline blast.   "On Tuesday, Turkey started to receive gas from Shah Deniz field again following a maintenance completion," a spokeswoman for BP-Azerbaijan told Reuters.   BP-Azerbaijan is the operator of Shah Deniz, which produces about 25 million cubic metres of gas per day.   On Thursday, gas supplies from Shah Deniz to Turkey were halted after "an incident", BP said. Several industry sources said gas supplies were stopped due to an explosion in Turkey. Copyright Reuters, 2012 ...

Mexico annual inflation hits 2-1/2-year high in Sept  MEXICO CITY: Mexico's annual inflation accelerated to a 2-1/2-year high further above the central bank's ceiling in September but analysts expect policymakers to hold their fire and not raise interest rates for now.   Annual inflation rose to 4.77 percent last month, up from 4.57 percent in August but just below the 4.78 percent expected in a Reuters poll, national statistics agency data showed on Tuesday.   It was the highest rate since March 2010 and the fourth month ...
Global watchdog presses ahead on money market funds  LONDON: A global supervisory body for securities published its final recommendations for new rules for the $4.7 trillion money market fund sector despite opposition from its US member.   The International Organisation of Securities Commissions said the recommendations cover valuations, liquidity management, use of ratings and disclosures to investors.   The recommendations were called for by leaders of the world's top economies (G20) as part of efforts to crack down on "shadow banks" like money market funds that handle ...
China cuts planned railway spending for 2011-2015  BEIJING: China has cut planned railway investment by 500 billion yuan ($79.5 billion) to 2.3 trillion yuan under a five-year plan to 2015, the official Economic Information Daily reported on Tuesday, but that may reflect spending cuts that have already occurred.   In 2011, the first year of the five-year plan, rail investments slowed sharply after a fatal crash and the firing of the minister and some of the ministry's senior staff. But the government has been ...
Bangladesh exports rose 31 percent yr/yr in September  DHAKA: Bangladesh's exports rose in September for the third month in a row thanks to improving garment orders, official data showed on Tuesday.   Exports jumped 31.3 percent in September from a year earlier to $1.9 billion, the Export Promotion Bureau said. Total exports for July-September, the first quarter of Bangladesh's financial year, were up 2.1 percent to $6.29 billion.   From March through June, Bangladesh's monthly exports were lower than the previous year.   In September, exports of ready-made garments ...
Geithner welcomes India NEW DELHI: US Treasury Secretary Timothy Geithner welcomed Tuesday a string of economic reforms in India that open up large sectors of the economy to foreign companies.   Washington, which is keen to forge a closer diplomatic and commercial relationship with India as an ally in Asia, has been pushing for better access for its companies in the vast and largely untapped South Asian market.   The reforms are "obviously very promising. They will be welcomed around the world", ...
Greek official inflation slows to 0.9pc September ATHENS: Greek 12-month consumer price inflation slowed to 0.9 percent in September from 1.7 percent in August, official figures showed on Tuesday.   Compared to last month, prices rose by 2.5 percent, the Hellenic statistical authority added.   The 12-month price increases were mostly due to a 5.7-percent rise in the cost of housing and a 3.3-percent increase in transport costs.   These were partially offset by falls in the cost of household equipment and health.   The Greek government has estimated an ...


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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln