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US declines to critique Algeria WASHINGTON: The United States on Tuesday declined to criticize Algeria over its raids against "ruthless" Islamist militants to end a hostage drama which ended with 37 foreigners, including three Americans, dead.   Senior officials said they were closely coordinating with Algeria to find out details of the bloody showdown with an Al-Qaeda-linked group and to learn how much they knew about the hostage-taking at various critical stages.   White House spokesman Jay Carney was asked in his daily briefing whether Washington shared earlier criticism and disquiet raised by Japan and Britain over aspects of the Algerian government's conduct.   "The blame for this tragedy rests with the terrorists who carried it out, and the United States condemns those actions in the strongest possible terms," Carney said, avoiding a direct answer.   "We will remain in close touch with the government of Algeria to gain a fuller understanding of what took place so that we can work together to prevent ...

2012-13 budget deficit smaller than forecast: Ontario TORONTO: Ontario's minority Liberal government said on Tuesday it is reducing its budget deficit faster than projected, crediting higher corporate tax revenues and savings from the elimination of banked sick days for teachers.   The province's 2012-13 deficit is now expected to be C$11.9 billion ($11.98 billion), down from C$14.4 billion seen in the fall economic update. The government said its plan to balance the budget by 2017-18 is unchanged.   "Ontario continues to beat its deficit targets - ...
Vice President Joe Biden takes oath of office at public ceremony WASHINGTON: US Vice President Joe Biden took the oath of office on Monday at a public ceremony in Washington to serve as the No. 2 to President Barack Obama for the next four years.   Copyright Reuters, 2013 ...
Obama kicks off second term at public inauguration WASHINGTON: Four years after making history by becoming the first African-American president, Barack Obama will kick off his second term on Monday with a scaled-back inauguration that reflects the tempered expectations for his next four years in office.   Lingering high unemployment, bitter political battles and a divisive re-election campaign have punctured the mood of optimism and hope that infused Obama's 2009 inauguration after a sweeping election win.   This time, Obama's inauguration will feature smaller crowds and a ...
Obama to join select WASHINGTON: Barack Obama will on Monday join select political company, as by a quirk of history, he becomes only the second US president, after Franklin Roosevelt, to take the oath of office four times.   Roosevelt, who guided America through the Great Depression and World War II forged history the hard way, as he was the only US leader to be elected to four terms, serving in the White House from 1933 until his death in 1945.   After ...
FARC rebels end ceasefire HAVANA: A unilateral ceasefire declared by the Marxist FARC rebels at the start of peace talks with the Colombian government two months ago ended on Sunday after the government refused to join the truce, the rebel group said.   "With pain in my heart, we have to admit that we return to the stage of war that nobody in this country wants," FARC lead negotiator Ivan Marquez told reporters before going into the latest negotiation session aimed ...
US agency rules out excess battery voltage in Boston 787 incident TOKYO: US National Transportation Safety Board said on Sunday that it ruled out excess voltage in a battery fire that occurred on a Boeing 787 Dreamliner passenger jet operated by Japan Airlines Co Ltd in Boston on Jan. 7.   "Examination of the flight recorder data from the JAL B-787 airplane indicates that the APU (auxiliary power unit) battery did not exceed its designed voltage of 32 volts," NTSB said in a statement forwarded by a Boeing ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln