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Obama lands in New Jersey for storm tour  ATLANTIC CITY: US President Barack Obama landed in New Jersey Wednesday to start a tour of areas devastated by flooding triggered by superstorm Sandy.   Obama, traveling with the federal government's emergency chief Craig Fugate, linked up with New Jersey's Republican Governor Chris Christie for the tour, with his re-election bid still on hold ahead of Tuesday's national vote. Copyright AFP (Agence France-Presse), 2012 ...

New York subway silence may linger  NEW YORK: The famous rattle and roar of New York City subway cars barreling into underground stations fell quiet in the wake of Hurricane Sandy, and no one is sure when the system will be back to normal.   On Wednesday afternoon, New York governor Andrew Cuomo announced "limited" service would resume on Thursday, four days after it was suspended as Sandy bore down on the east coast.   He said three of seven subway tunnels under the East ...
US nuclear plant exits WASHINGTON: A US nuclear plant exited "alert" status Wednesday after the storm surge from Hurricane Sandy receded, ending the flood threat at New Jersey's Oyster Creek plant, though it remained offline. Three other reactors were still shut down in the wake of the storm, which damaged transmission lines and other power infrastructure in the US northeast, officials said. And one of the halted units, the New Jersey power company PSEG's Salem 1 reactor, reported having had to ...
Obama will travel to view storm damage Wednesday WASHINGTON: President Barack Obama will travel to New Jersey on Wednesday to view damage caused by massive storm Sandy, the White House said in a statement.   "Tomorrow afternoon, the president will travel to New Jersey where he will join Governor (Chris) Christie in viewing the storm damage, talking with citizens who are recovering from the storm and thanking first responders who put their lives at risk to protect their communities," the statement said.   Obama canceled campaign appearances ...
Sandy muffles US campaign a week from election day  WASHINGTON: Superstorm Sandy muffled vitriolic campaigning a week from the US election, as President Barack Obama managed the aftermath Tuesday and Mitt Romney faced a post-disaster political minefield.   Obama stayed in the White House, acting as a leader in the eye of crisis, wielding control of an emergency federal government operation through the night as murderous winds and floods swamped New York and New Jersey.   Republican nominee Romney, left with few options with his antagonist off the ...
Canada, Britain hoping for Obama election win: poll  OTTAWA: Most Canadians and Britons, if they could vote in next week's US presidential election, would cast ballots for US President Barrack Obama over Republican challenger Mitt Romney, a poll Tuesday found.   The Angus Reid Public Opinion poll found that Canadians prefer Obama over Romney by a seven-to-one margin (72 percent to 10 percent) while Britons favor the Democrat over the Republican by a 10-to-one margin (62 percent to six percent).   They said in the hypothetical ballot ...
New York plunged into darkness and despair NEW YORK: The fury of "Frankenstorm" plunged New York into darkness, desperation and panic.   Superstorm Sandy left the the Wall Street financial district and the rest of lower Manhattan without power and no firm idea when the lights will be turned on again.   The streets, many waist deep in floodwater, were eerily quiet after the storm, with the only sound coming from distant sirens and the only light cast by candles in apartment windows and the blue ...


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Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln