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US Administration acknowledges deaths of four Americans in counter terror operations WASHINGTON: The Obama administration, facing criticism for covert nature of drone operations, Wednesday for the first time publicly acknowledged that US counterterrorism operations overseas have killed four Americans since 2009.The official revelation came in a letter from Attorney General Eric H. Holder Jr. to Congress. The letter, however, does not say how the four were killed.The American media reports say those killed include Anwar al-Awlaki, a radical cleric who was killed in a drone strike in September 2011 in Yemen. The other three killed include Samir Khan, who was killed in the same strike; Awlaki's son Abdulrahman al-Awlaki, who was also killed in Yemen; and Jude Mohammed, who was killed in a strike."These individuals were not specifically targeted by the United States," Holder wrote in the letter, cited by major newspaper including The New York Times and The Washington Post.Holder's letter came ahead of President Barack Obama's speech on Thursday, ...

Los Angeles mayor poll too close to call LOS ANGELES: Los Angeles councilman Eric Garcetti took a narrow lead in early results from a run-off election to succeed LA mayor Antonio Villaraigosa, but the race remained too close to call early Wednesday.Garcetti and City Controller Wendy Greuel, both Democrats like Villaraigosa, campaigned down to the wire after emerging from a March primary poll contested by a total of eight candidates.Shortly before midnight (0700 GMT Wednesday), four hours after polls closed, Garcetti had 51 ...
Tornado turns US Marine vet's town into 'war zone' MOORE: Curtis Carver has every intention of rebuilding from scratch the house he lost in Monday's powerful and deadly hurricane that devastated this Oklahoma City suburb.But first, the construction worker and 20-year veteran of the US Marine Corps, who spent two years on active duty in Iraq, wants to recover his memories from the rubble -- and law enforcement is getting in the way."My pictures. That's all I want -- my pictures," he said Tuesday ...
Don't pin US tornado on climate change: UN panel head GENEVA: Pinning the deadly tornado in the US state of Oklahoma on climate change is wrongheaded, even though the world is set to see a rise in high-profile weather disasters due to global warming, the leader of a UN body said on Tuesday.Rajendra Pachauri, head of the UN-backed Intergovernmental Panel on Climate Change, said data was still coming in about Monday's massive tornado which tore through a suburb of Oklahoma City, killing at least 24 ...
Obama declares major disaster in Oklahoma after deadly tornadoes WASHINGTON: US President Barack Obama declared a major disaster in Oklahoma after deadly tornadoes struck the state on Sunday and Monday and ordered federal aid to supplement state and local recovery efforts, the White House said on Monday.The White House said aid can include grants for temporary housing, home repairs, uninsured property losses and other recovery efforts.Obama spoke by telephone with Oklahoma Governor Mary Fallin earlier on Monday, the White House said.Copyright Reuters, 2013 ...
Obama speaks to Italian PM WASHINGTON: US President Barack Obama called new Italian Prime Minister Enrico Letta on Monday, to congratulate him after taking office after a prolonged period of political uncertainty."The president expressed support for Prime Minister Letta's focus on reducing youth unemployment and looked forward to further discussions about promoting economic growth at the June G8 Summit," a White House statement said."The two leaders also discussed, as allies and as friends, mutual cooperation on North African security and ...
Commuter trains collide in Connecticut, injuring up to 60 people FAIRFIELD: A commuter train traveling eastbound from New York City derailed near the Connecticut suburb of Fairfield during the evening rush hour on Friday and collided with a westbound commuter train, injuring up to 60 people, three critically, officials said.The collision of the two Metro North trains forced Amtrak to shut down service indefinitely between New York and Boston, the national railroad said.Three people were critically injured and 60 people were transported to area hospitals, ...


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln