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Obama budget to propose spending lift for military, domestic programs WASHINGTON: President Barack Obama's budget will call for an increase in domestic and military spending that would end spending caps known as "sequestration," a White House official said, setting up a new source of conflict with Republicans in Congress.Obama intends to announce his plans during a meeting with congressional Democrats in Philadelphia on Thursday.The fiscal 2016 budget, which the White House intends to unveil on Monday, would fund a host of programs that Republicans are unlikely to support.It is the latest salvo by the Democratic president lobbed at a Congress controlled by the opposition party and follows a defiant State of the Union address last week that critics said betrayed an unwillingness to seek compromise.The White House rejects that criticism and hopes Obama can find common ground with lawmakers from both parties to prevent sequester cuts from going back into full force when the next fiscal year begins on Oct. ...

Google's Waze app endangers police: LAPD chief LOS ANGELES: Google's newly acquired Waze application poses a danger to police because of its ability to track their locations, the Los Angeles police chief said in a letter to the tech company's CEO.According to the document police chief Charlie Beck sent to Google CEO Larry Page on December 30, people are using the "unwitting" Waze community as "their lookouts for the location of police officers."Waze is a traffic and navigation application that users contribute ...
New York, meteorologists defend storm shutdown NEW YORK: New York authorities and meteorologists on Tuesday defended a decision to shut down America's biggest city for a storm that skirted the Big Apple, dumping the worst snow east and north.Travel bans were lifted, public transport resumed and parks reopened in the city of eight million people, easing many of the measures put in place as Winter Storm Juno moved in on Monday.New York Mayor Bill de Blasio said the city got only ...
Castro message 'positive sign' WASHINGTON: The United States welcomed Tuesday former Cuban leader Fidel Castro's belated response to the thaw in ties between the Cold War foes as a sign that change is under way in Havana."We take his reference of 'international norms and principles' as a positive sign," State Department spokeswoman Jen Psaki told reporters, after Castro's letter was released.Psaki said Washington now looked forward "to the Cuban government implementing those international norms and principles for a democratic, ...
US state executes killer despite disability claim WASHINGTON: The US state of Georgia executed a double killer Tuesday whose lawyers said he was intellectually disabled, after last-minute pleas for his life were thrown out.The Supreme Court turned down the final appeal from lawyers of Warren Hill, 54, who was pronounced dead from lethal injection at 7:55 pm (0055 GMT), a prison spokeswoman said.The court voted 7-2 not to take up the petition arguing Hill shouldn't be executed because he was intellectually disabled.Hill, ...
Mexico 'certain' that missing students dead: minister MEXICO CITY: Authorities in Mexico can now say with "legal certainty" that the 43 students who went missing in September were murdered by hitmen working for a drug gang, the justice minister said Tuesday.The disappearance of the men -- all aspiring teachers attending classes at a training college in the southern state of Guerrero -- sparked nationwide protests and a crisis for the government of President Enrique Pena Nieto.Officials said the students vanished after gang-linked ...
US senator says expects fast-track trade bill in February WASHINGTON: The head of the Senate committee responsible for trade said on Tuesday he hopes to present a bill to streamline the passage of trade deals through the US Congress in February. Senate Committee on Finance Chairman Orrin Hatch said he was still working with the top Democrat on the panel, Ron Wyden, and others on the final form of the bill. "I'm hoping to move it along, it will happen in February," he told ...


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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 $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln