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Obama in fresh push on climate change WASHINGTON: US President Barack Obama will travel to Florida's Everglades on Wednesday hoping to reframe the debate on climate change ahead of a vital few months that will shape his environmental legacy.On "Earth Day" Obama will swap Washington's turbid political waters for gator-infested wetlands, in the hope of putting America's cherished national parks -- and their economic impact -- front-and-center of a bitter partisan debate.Early in Obama's administration, environmental groups were dismayed that a candidate who had promised to upend George W. Bush's climate-skeptical stance was forced to spend much of his first term tackling the economy before pivoting to health care reform.But since then, the White House has notched a string of climate victories, including a landmark bilateral deal that committed China to emissions cuts and new vehicle efficiency standards.The climate "has definitely emerged as a clear priority in the second term" said Ben Longstreth, a senior attorney at ...

Obama signs bill fixing Medicare doctors' pay WASHINGTON: US President Barack Obama signed a bill into law on Thursday that repairs the formula for reimbursing Medicare physicians after Congress, in rare bipartisan fashion, passed a fix earlier this week to prevent a 21 percent cut in doctors' pay.Sitting outside in the White House Rose Garden in his shirt sleeves, Obama said he was signing the bill now rather than waiting for a formal ceremony so it could go into force right away."This ...
Russia arms sale to Iran shows economic weakness: US WASHINGTON: The White House suggested Thursday that Moscow's move to lift its ban on supplying anti-aircraft systems to Iran shows the weakness of Russia's sanctions-hit economy. This month, Russia lifted a ban on selling Iran its advanced S-300 missile system, triggering concern that this could embolden Tehran in its nuclear stand-off with the West. White House spokesman Josh Earnest reiterated US concerns Thursday, and said the administration had spoken to senior government officials in Russia ...
New York protesters demand $15 minimum wage NEW YORK: Thousands of demonstrators, including many fast-food workers, protested in New York on Wednesday demanding a minimum wage of $15 an hour to escape poverty in America's largest city.Fast-food workers held strikes in more than 230 American cities, joined by airport, construction and child care staff, as well as people working in education, organizers said, calling it the largest mobilization of underpaid workers in the US. Between 10,000 and 15,000 took part in the ...
Obama pledges US aid in wiping out last traces of Ebola WASHINGTON: President Barack Obama met on Wednesday met with the leaders of three Ebola-stricken West African nations, vowing US help in wiping out the last vestiges of the often deadly disease."We begin by noting the incredible losses that took place in all three countries," Obama said during his meeting with Liberian President Ellen Johnson Sirleaf, Guinean President Alpha Conde, and Sierra Leonean President Ernest Bai Koroma."On behalf of the American people, we want to express ...
Clinton father's gravestone toppled: police NEW YORK: The gravestone of Hillary Clinton's late father was pushed to the ground in a Pennsylvania cemetery after his daughter announced her second run for the presidency, police said Wednesday.Hugh Rodham, who managed a textiles business and died in 1993, is buried in the Washburn Street Cemetery in the Pennsylvania town of Scranton, which is largely Democrat.A friend of the Clintons who takes care of the grave discovered Tuesday that the headstone had been ...
UN urges exhumation of bodies from mass burial KINSHASA: The UN said Wednesday it has urged the Congolese authorities to exhume hundreds of bodies buried in a mass grave near Kinshasa, to find out how they died.Last month, at least 421 bodies were found in a mass grave in Maluku near the Democratic Republic of Congo's capital, which local authorities said contained hundreds of dead babies and foetuses.he affair has raised alarm in DR Congo, while rights groups and the EU have called ...


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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 $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln