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Yemen general denounces 'sabotage' of air force SANAA: Yemen's air force has been the target of "sabotage", the country's military aviation chief said in a televised interview, days after a fighter jet crashed in the capital Sanaa. "The air force is the target of systematic sabotage," General Rashed al-Janad told the private channel Al-Saida in the interview broadcast late on Friday. He said the Sukhoi SU-22 that crashed in Sanaa last Monday, killing the pilot, was caused by "shots hitting the aircraft" as it prepared to land at a base next to the capital's airport."The black box of the aircraft was hit" in the attack, he said without giving further details. He quoted witnesses as saying the jet had exploded 50 metres (yards) above the ground. The air force said it would open an investigation into the crash, the second time a Sukhoi jet has crashed over the capital since the start of the year. On February ...

Israel justice minister slams Russia arms to Syria JERUSALEM: Israeli Justice Minister Tzipi Livni on Friday slammed Russian arms deals with Syria, after US media reported further weapons shipments to the Damascus regime.Livni's comments also come in the wake of a surprise visit by CIA chief John Brennan to Israel to discuss the situation in Israel's war-torn neighbour."The transfer of arms to Syria is clearly not positive and does not contribute to the stability of the region," Livni said after meeting German Foreign ...
Financial Times 'hacked by Syrians' LONDON: The website of Britain's Financial Times appeared to have been hacked on Friday by the Syrian Electronic Army, a mysterious group seemingly aligned with the regime of President Bashar al-Assad.The hackers posted messages on the prestigious newspaper's technology blog reading "Hacked by the Syrian Electronic Army", while several Twitter feeds run by the Financial Times were also plastered with posts saying: "Syrian Electronic Army Was Here".A spokeswoman for the FT said: "Various FT blogs ...
Senior US general visits Iraq for security talks BAGHDAD: General Lloyd Austin, the officer who oversaw the US military withdrawal from Iraq, visited Baghdad for talks on defence cooperation and security issues including Syria, the US embassy said on Thursday.Austin, who now heads the US Central Command, "visited Baghdad May 14 to 16, 2013 to discuss US-Iraq defence cooperation and regional security issues, including the situation in Syria," the embassy said in a statement.Forces loyal to President Bashar al-Assad are battling rebels in ...
First Kurd rebels reach Iraq under Turkey truce HARUR: A first group of Kurdish fighters pulling out of Turkey under a truce arrived in the autonomous Kurdish region of Iraq on Tuesday to handshakes and embraces after a gruelling week-long journey.But the Iraqi government slammed the movement of Kurdistan Workers' Party (PKK) fighters into its territory as a "flagrant violation" of its sovereignty and said it would complain to the UN Security Council."We are the first group to reach the safe area in ...
Arabs, Turkey see no role for Assad in future Syria ABU DHABI: Five Arab countries and Turkey have reiterated that President Bashar al-Assad should have no role in the future of Syria, as Russia and the United States proposed a peace conference.The foreign ministers of Egypt, Jordan, Qatar, Saudi Arabia and the UAE, as well as that of Turkey -- all supporters of the Syrian opposition -- expressed their stand at a meeting late Monday in Abu Dhabi, WAM Emirati news agency said.The ministers backed ...
Judge rules US soldier's killing of five was premeditated TACOMA: A military judge ruled on Monday that a US soldier who shot and killed five fellow servicemen at a combat stress clinic in Iraq acted with premeditation, a decision that will almost surely get him life in prison.US Army Sergeant John Russell, in a deal that spared him the death penalty, pleaded guilty last month to killing two medical staff officers and three soldiers at Camp Liberty in Baghdad in a 2009 shooting that ...

 



 
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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%
MonthlyFBS July-June
Trade Balance $-21.271 bln
Exports $23.641 bln
Imports $44.912 bln
WeeklyMay 13, 2013
Reserves $11.863 bln