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Eight vie to become Libya TRIPOLI: Eight candidates are to contest a September 12 election among members of the General National Congress to become Libya's new prime minister, an official source said on Thursday. Among them are Mahmud Jibril, who led a transitional council during last year's revolution which toppled Moamer Kadhafi and now heads the liberal National Forces Alliance, and Electricity Minister Awadh al-Barassi, an Islamist. The vote for the new premier will be held among the 200 members of the country's national assembly that was itself elected in early July. Current vice premier Mustafa Abu Shagur, considered close to the Islamists, is also a candidate to succeed the transitional prime minister, Abdel Rahim al-Kib, the Integrity and Patriotism Commission added. The commission ratifies prospective candidates to ensure they have not been implicated in cases of corruption or in repression during the 2011 uprising that led to Kadhafi's ouster and subsequent killing. Jibril's coalition of some 60 small liberal ...

Israel court debates stranded border refugees  JERUSALEM: Israel's High Court on Thursday failed to reach a decision after an initial session on an urgent appeal on behalf of 20 Eritrean nationals stranded in no-man's land for a week on the border with Egypt. The appeal was filed by an Israeli NGO, We Are Refugees, in a petition against Defence Minister Ehud Barak and Interior Minister Eli Yishai for refusing to allow the group of Eritreans, who are seeking political asylum, into the ...
Syria kidnap victims killed as clashes rage: NGO BEIRUT: The two kidnapped brothers of a Syrian rebel commander were killed on Thursday, a monitoring group said, as battles raged between rebels and army forces in several districts of Damascus. The men were kidnapped on Wednesday night at an army checkpoint, said the Syrian Observatory for Human Rights. It said they were found dead in the southern district of Qadam in the capital amid a sharp increase in reports of abductions across the country. Amateur video posted ...
Israel prosecution seeks community service for Olmert  JERUSALEM: Prosecutors on Wednesday demanded Israeli ex-premier Ehud Olmert do six months of community service for graft while waiving a requirement that he be barred from public office, an official said. The prosecution made the request during deliberations for sentencing in the Jerusalem District Court, according to the judicial official. It is unclear when the sentence will be issued. On July 10, the court had found Olmert guilty of one charge in a closely watched corruption case, ...
Libya confirms ex-spy chief back from Mauritania  TRIPOLI: Libya's deputy prosecutor general confirmed on Wednesday that Abdullah al-Senussi, fallen dictator Moamer Kadhafi's former spy chief wanted by the International Criminal Court, is back in the country. "We confirm that Abdullah al-Senussi has been returned to Libya. A short time ago he was delivered to the office of the prosecutor general. He will undergo routine medical examination before questioning begins immediately afterwards," Taha Baara told AFP. "We will decide his fate afterwards." Earlier, Mauritanian state ...
Drone strike kills five al Qaeda militants: Yemen official ADEN: A strike by an unmanned drone killed five suspected members of al Qaeda in eastern Yemen on Wednesday, a security official said.   "Five al Qaeda members were killed in the raid" that targeted a house in the village of Al-Ain in Hadramawt province, the official said, requesting anonymity.   He said two middle-ranking members of the local branch of al Qaeda were among the dead.   The United States is the only country that has drones in the region ...
19 killed as Syrian troops batter Aleppo BEIRUT: Syrian forces shelled rebel-controlled zones of Aleppo before dawn on Wednesday, killing at least 19 people, among them seven children, the Syrian Observatory for Human Rights said.   Ten civilians were killed in the southern neighbourhood of Bustan al-Qasr while a total of nine bodies, including those of the children, were found in the Marjeh and Hanano neighbourhoods, the Britain-based watchdog said.   Activists have reported relentless bombardments and food shortages in rebel-held neighbourhoods of the country's commercial ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 28, 2015
Reserves $17.494 bln