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Spain's November deficit at 4.62pc, minus town halls MADRID: Spain's public deficit, minus town halls, stood at 4.62 percent of gross domestic product last November, the Treasury Ministry said on Tuesday.That would likely put Spain within reach of its year-end deficit target of 5.5 percent of GDP agreed with Brussels.Government and Bank of Spain officials have said the country should be able to comply with deficit limits for 2014, though the central bank has also warned that 2015's target of a 4.2 percent of GDP deficit would be harder to meet.Copyright Reuters, 2015 ...

Polish 2014 GDP rose by 3.3pc WARSAW: Poland's gross domestic product (GDP) rose by 3.3 percent in 2014, up from a 1.7 percent rise in the previous year, a flash estimate from the statistics office showed on Tuesday.Overall consumption rose in 2014 by 3.0 percent against 1.3 percent a year earlier.Domestic demand increased by 4.6 percent, up from 0,2 percent in 2013. Fixed investments rose by 9.4 percent versus 0.9 percent a year earlier.Household consumption rose in 2014 by 3.0 percent ...
British economy grows by 2.6pc in 2014, 0.5pc in Q4 LONDON: Britain's economy grew by 2.6 percent last year in the fastest annual pace since 2007, but slowed more sharply than expected in the fourth quarter, official data showed Tuesday.Gross domestic product expanded by 0.5 percent in the October-December period compared with the previous three months, after stronger growth of 0.7 percent in the third quarter, the Office for National Statistics (ONS) said in a statement.Copyright AFP (Agence France-Presse), 2015 ...
Iran plans to increase share in global halal food market ISLAMABAD: Iran has a very little share in the international market of Halal foods, a senior Iranian trade official said.Iran plans to increase share in global halal food market. From the total of USD 700 billion of turnover in the global market of Halal foods, Iran has only a minor share of around USD 400 million, Alimohammad Goudarzi said.The official, who serves as an adviser to Iran's minister of industry, mine, and trade, said that ...
South Korean exports battered by falling currencies SEOUL: South Korean exporters look set for their worst performance in several years in the current quarter, with the euro's plunge to 11-year lows dealing an additional blow as China, their biggest market, cools and their rivals in Japan enjoy a revival.Home to export powerhouses such as Samsung Electronics and Hyundai Motor, South Korea will release full January trade data on Feb. 1, the first major exporting economy to do so.The signs are not good ...
US deficit to dip to $468 billion in FY 2015 WASHINGTON: The US budget deficit will decline slightly to $468 billion this fiscal year from $483 billion last year, the Congressional Budget Office said on Monday in a report that marks the end to an era of dramatically falling deficits. The CBO said that it expected deficits to hold steady relative to the size of the US economy through 2018, but then rise above their 50-year average due to rising costs for servicing the national ...
Brazil's 2015 economic outlook darkens as fiscal measures bite SAO PAULO: The outlook for Brazil's economic health this year has worsened considerably, according to data released on Monday, as analysts weigh the impact of painful fiscal measures and consumers become increasingly worried about the future.Economists sharply raised their forecasts for Brazil's 2015 inflation rate while slashing their economic growth estimate for the year, a weekly central bank poll showed on Monday.The median forecast of about 100 market economists shows 2015 ending with inflation at ...


Index Closing Chg%
Arrow DJIA 17,409.00 1.31
Arrow Nasdaq 4,683.41 0.98
Arrow S&P 2,017.30 0.95
Arrow FTSE 6,810.60 0.22
Arrow DAX 10,737.87 0.25
Arrow CAC-40 4,631.43 0.44
Arrow Nikkei 17,606.22 1.06
Arrow H.Seng 24,595.85 1.07
Arrow Sensex 29,681.77 0.41

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln