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US business hiring slows in September: survey  WASHINGTON: The US private sector added 162,000 jobs in September, according to a closely-watched survey released Wednesday.   Payrolls company ADP said the number of non-farm jobs created in the private sector was down by 14 percent from August.   ADP also made a downward revision of gains from previous months this year: The July increase was reduced by 17,000 to an increase of 156,000, while the August increase was reduced by 12,000 to an increase of 189,000. Copyright AFP (Agence France-Presse), 2012 ...

Investors returning to Italian bonds: debt agency  MILAN: International investors are reassured by recent reforms in Italy and are returning to buy Italian sovereign bonds, the head of Italy's debt management agency said on Wednesday.   Investors who had found Italy too big a risk given the crisis context "are now realising there is a difference between countries in difficulty," debt agency head Maria Cannata told the Corriere della Sera newspaper.   "In speaking with (the investors), I noticed that they appreciated the reforms made by ...
Egypt cancels auction for 91, 273-day T-bills  CAIRO: Egypt's central bank said it had cancelled an auction of 3.5 billion Egyptian pounds ($573.8 million) in 91- and 273-day treasury bills it had planned for Wednesday.   The auction had been moved forward from next Sunday, which is a banking holiday in Egypt.   Average yields on 91-day and 266-day treasury bills sold at an auction on Sunday had edged higher, interrupting a downward trend of recent weeks, and the central bank sold fewer 266-day bills than ...
Russia watchdog positive on Telenor MOSCOW: Russia's competition regulator is positive toward Telenor's proposal to reach parity ownership in telecoms group Vimpelcom with Russian co-investor Altimo, its head said on Wednesday.   "FAS will ask the government commission (on foreign investments) to take a positive decision as Telenor is a big investor and we have to send a positive signal," Igor Artemyev, head of the Federal Anti-Monopoly Service (FAS), told reporters.   The Norwegian telecoms firm suggested on Monday that it and Altimo should ...
South Sudan JUBA: The biggest oil operator in South Sudan, Dar Petroleum Operating Company, said on Wednesday it would take 18 weeks for its crude oil to reach an export terminal once production resumed under deals signed last week with neighbour Sudan.   Landlocked South Sudan signed border and trade agreements at a summit with Sudan that will allow it to resume oil exports through Sudan's pipelines after an eight-month shutdown.   Chinese-Malaysian consortium Dar said it would initially aim for ...
Spain considering inclusion of sound property assets in MADRID: Spain's Economy Minister Luis de Guindos said on Wednesday the government was studying whether sound real estate loans held by banks that had requested state aid would be allowed to be transferred to the 'bad bank', set up to house banks' soured property assets.   Speaking to journalists after appearing in parliament he said a decision would be taken in the coming days.  (Reporting by Jesus Aguado; Writing by Nigel Davies; Editing by Fiona Ortiz)   te investors ...
France to cut payroll taxes by 8-10bn a year  PARIS: France's government plans to slash payroll taxes paid by companies by 8 to 10 billion euros a year to try to restore competitiveness and kick-start the economy, newspaper Le Monde reported on Wednesday.   The move, which would cost some 40 billion euros over the government's five-year mandate, would be offset by shifting part of the tax burden onto employees via an increase in the CSG levy that helps to fund France's social security system, the ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 15, 2014
Reserves $14.264 bln