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Bolivia, Myanmar, Venezuela failing drug war: US  WASHINGTON: The United States kept Myanmar, Bolivia and Venezuela on its drug trafficking "black list" Friday, but said Yangon's recent reforms merited a "national interest waiver" to pursue aid there. For the fourth year running, Washington accused all three countries of having "failed demonstrably" to fight the drug trade. But President Barack Obama's administration noted that Myanmar, which has been blacklisted since 2002 and is the world's second largest cultivator of illegal opium poppy, has made significant strides this year in joining the international fight against illegal drugs. Myanmar officials have already destroyed more than three times the amount of opium poppy lands as they did last year, according to the president's annual memorandum to Secretary of State Hillary Clinton that helps set US drug policy. The country has already strengthened cooperation with regional and international partners, and engaged with the UN Office on Drugs and Crime. Nonetheless, "Burma's current counternarcotics performance is not sufficient ...

Obama says WASHINGTON: Republican nominee Mitt Romney attacked President Barack Obama's honesty on Friday, alleging that the White House incumbent is likely to make untrue statements in upcoming US election debates.   "I think the challenge that I'll have in the debate is that the president tends to -- how shall I say it? -- say things that aren't true," Romney said in an interview with ABC News.   "It's difficult to say, well, am I going to spend my time ...
Obama pulling away from Romney in polls but Mideast looms  WASHINGTON: President Barack Obama is pulling away from rival Mitt Romney in polls in what might be a turning point in the US presidential campaign, but volatility in the Middle East is allowing Republicans to cast the Democrat as weak on foreign policy and could threaten his momentum. In the latest survey to show Obama ahead, a Reuters/Ipsos online poll on Thursday gave the Democrat a 7 percentage point lead, 48 percent to 41 percent, among ...
Police arrest man in shocking New York rape  NEW YORK: New York police announced Thursday the arrest of a man accused of raping a 73-year-old bird watcher in Central Park in an assault that has shocked America's biggest city. "Someone has in fact been arrested and charges are pending," a spokesman for the New York Police Department told AFP. The officer said the suspect would be publicly identified later. According to Police Commissioner Raymond Kelly, the elderly bird watching enthusiast was mugged and raped Wednesday ...
Romney vows tough line on China currency  FAIRFAX: US presidential hopeful Mitt Romney renewed his vow Thursday to brand China a manipulator of its currency as he accused incumbent Barack Obama of failing to confront "cheating" by Beijing. The former Massachusetts governor, who is narrowly trailing in polls less than two months before the election, has repeatedly criticized Obama over ties with the rising Asian power on issues from trade to human rights to defense. Addressing a rally in the critical state of Virginia, ...
Mexico captures suspected Gulf cartel kingpin  MEXICO CITY: Mexican marines hauled the captured boss of the Gulf cartel before television cameras on Thursday, in a new blow to a drug smuggling gang already weakened by a brutal war for the US market. The navy said one of the most wanted criminals, Jorge Eduardo Costilla Sanchez, alias "El Coss," was detained by the marines Wednesday evening in Tampico, a Gulf of Mexico coastal city in the northeastern state of Tamaulipas. A 41-year-old former municipal ...
Guatemala GUATEMALA CITY: Guatemala's Volcano of Fire had its strongest eruption in a decade Thursday, prompting the evacuation of around 1,500 families, officials announced. The eruption created massive columns of smoke that could be seen from the capital, some 75 kilometers (46 miles) away. "This type of eruption is stronger than normal and hasn't been seen in recent years. That's why we have declared an orange alert" in the area around the volcano, in western Guatemala, Gustavo Chigna, ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 10, 2014
Reserves $13.401 bln