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Edward Snowden: World is rejecting mass surveillance WASHINGTON: Legislation ending the US government's bulk collection of telephone data is "a historic victory for the rights of every citizen," former intelligence analyst Edward Snowden said in a commentary Thursday.In the opinion piece, published in several newspapers internationally including The New York Times, Snowden reflected on what he said was a profound shift in the public's awareness of mass surveillance since his infamous leaks disclosing the extent to which the US government and some partners monitor electronic communications."Ending the mass surveillance of private phone calls under the Patriot Act is a historic victory for the rights of every citizen, but it is only the latest product of a change in global awareness," he said, referring to this week's ending of the bulk data collection program under the USA Patriot Act."Since 2013, institutions across Europe have ruled similar laws and operations illegal and imposed new restrictions on future activities. The ...

Colombia's Santos welcomes pressure on peace talks BOGOTA: Colombian President Juan Manuel Santos said on Thursday he welcomes international pressure to accelerate peace talks with the FARC guerrillas, which has mounted in recent weeks as fighting has intensified.The international community has voiced alarm over Santos's decision in April to resume air strikes on the Revolutionary Armed Forces of Colombia (FARC), a move that prompted the rebels to scrap a unilateral ceasefire they had declared in December.But in his first interview with an ...
UN chief sets up review over child sex abuse scandal UNITED NATIONS: UN chief Ban Ki-moon moved Wednesday to set up an independent external review of how the United Nations handled allegations of sexual abuse of children by French and African troops in the Central African Republic.The United Nations has been badly shaken by accusations that it failed to act quickly to respond to the serious allegations of child sexual abuse at a camp for displaced civilians from December 2013 to June 2014."His intention in ...
US issues new rules limiting antibiotic use in animals WASHINGTON: The agency that regulates food and drugs in the United States has drawn up new rules restricting the use of antibiotics in livestock in an effort to combat a growing resistance to the drugs.Only veterinarians will now be allowed to administer antibiotics used by humans to cattle, sheep or poultry, and only when needed for specific animals' health reasons, the Food and Drug Administration announced on Tuesday.Antibiotics for livestock have been sold as nonprescription ...
South Sudan expels UN relief coordinator UNITED NATIONS: South Sudan has decided to expel United Nations resident relief coordinator and the deputy envoy to the country Toby Lanzer, a UN spokesman said Monday.UN Secretary-General Ban Ki-moon condemned the move and called on Juba to reverse the decision immediately, the official said."Mr. Lanzer has been instrumental in addressing the increasing humanitarian needs of conflict-affected communities in the country and ensuring that life-saving humanitarian assistance reaches the most vulnerable," the spokesman said in ...
Eight dead in Mexico bus crash OAXACA: A bus overturned in southern Mexico on Monday, killing eight people and injuring around 30 others, authorities said.The bus, which had departed from Santa Catarina de Juquila in Oaxaca state, flipped near a bridge.The injured passengers were taken to a hospital in the nearby state of Puebla.Copyright AFP (Agence France-Presse), 2015 ...
White House hits Senate for 'irresponsible' counterterror lapse WASHINGTON: The White House denounced the US Senate Sunday for its "irresponsible" failure to prevent a lapse in crucial counterterror operations, but said it hoped lawmakers could put aside partisanship and swiftly rectify the problem."The Senate took an important -- if late -- step forward tonight," White House press secretary Josh Earnest said in a statement after the chamber advanced an important reform measure that ends the controversial bulk telephone collection program, while maintaining other ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln