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Shut Guantanamo prison by end of 2014, US group urges MIAMI: The indefinite detention of prisoners at the Guantanamo detention camp is "abhorrent and intolerable" and should end by the time US troops leave Afghanistan next year, an independent US task force said in a report released on Tuesday. The Constitution Project's task force, which included two retired US generals, urged President Barack Obama to declare the war over when US troops withdraw from Afghanistan at the end of 2014. By then, the 166 Guantanamo prisoners should be tried in civilian or military courts, repatriated or transferred to countries that would not torture them, or moved to US jails, the task force's majority recommended. The release of the report comes in the midst of the latest round of allegations of abuse at the detention camp at the Guantanamo Bay naval base in Cuba where military officials say 43 prisoners are currently on a hunger strike. The Constitution Project is a ...

Obama says he expects more provocation from North Korea WASHINGTON: President Barack Obama said on Tuesday he expects more posturing and provocation by North Korea and, while he does not believe the Asian nation has the capacity to mount a nuclear weapon on a ballistic missile, the United States is preparing for "every contingency." "I think all of us would anticipate that you know, North Korea will probably make more provocative moves over the next several weeks," Obama told NBC's "Today" show. "But our ...
UN chief calls Boston Marathon bombing senseless, appalling act UNITED NATIONS: UN Secretary-General Ban Ki-moon has condemned Monday's bombing at the Boston Marathon, calling this senseless violence, all the more appalling for taking place at an event renowned for bringing people together from around the world in a spirit of sportsmanship and harmony.Speaking at a ceremony at UN Headquarters in New York commemorating the 19th anniversary of the Rwanda genocide, Ban said that although reports on the incident were still coming in, it was ...
US Supreme Court declines to hear gun rights case WASHINGTON: Staying out of a raging national debate over guns, the US Supreme Court on Monday declined to weigh in on whether gun owners have a constitutional right to carry handguns outside the home.The court decided not to hear a challenge to a New York state law that requires those who want to carry a concealed handgun to show they have a special reason before they can get a license.The gun owners challenging the law ...
Obama, Putin set up two rounds of talks WASHINGTON: US President Barack Obama and Russian President Vladimir Putin on Monday set up two rounds of talks in coming months in a bid to move past a fight over human rights and seek common ground on issues such as Iran, Syria and North Korea.The announcement of an Obama-Putin summit in early September, added to plans for a meeting at a G8 summit in Northern Ireland in June, suggested the two leaders want to revive ...
US senator slams Cuba trip by Beyonce, Jay-Z WASHINGTON: US Senator Marco Rubio on Sunday railed against the recent trip to Cuba by pop diva Beyonce and hip-hop star Jay-Z, calling for stricter rules against travel to the communist-run island."I won't rap it, but I'll say, first of all, I think Jay-Z needs to get informed," Rubio told ABC News's "This Week," saying he wished the performer had met with "people who are being oppressed.""The travel policies need to be tightened because they ...
Canada Liberals set to crown Trudeau scion OTTAWA: Canada's glamorous rising political star, Justin Trudeau, was set to capture the leadership of the Liberal Party on Sunday and begin contesting seven years of Conservative rule. The 41-year-old son of the swashbuckling former Prime Minister Pierre Elliott Trudeau, Justin is the overwhelming favorite in the election, with results due on Sunday evening. Trudeau campaigned largely on a message of hope, similar to that on which Barack Obama campaigned in the United States, and ...


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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
WeeklyMay 21, 2015
Reserves $17.75 bln