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Girl dies in Mexico clashes after vigilante leader arrested MORELIA: A 12-year-old girl was killed and four others were injured in violent protests after the leader of a local vigilante group was arrested in the western Mexican state of Michoacan Sunday.Gunfire erupted after the arrest of the leader of the self-defense militia, Cemei Verdia, and both soldiers and members of the vigilante group swapped blame for the violence.The girl died of a gunshot wound, while four others were injured, including a six-year-old and a 17-year-old.Verdia was arrested Sunday in La Placita in Aquila municipality, after he was accused of violating firearms and explosives laws. At the time of his arrest he was carrying two rifles, a handgun and 69 cartridges of ammo, according to the Michoacan Coordination Group, a local security coordination organization. Members of Verdia's vigilante group said the soldiers tried to disarm them and that they were attacked when they blocked roads in protest of Verdia's arrest.One ...

Obama sells Iran deal WASHINGTON: US President Barack Obama will hold a press conference Wednesday as he tries to convince Americans, allies and skeptical lawmakers about the benefits of a nuclear deal with Iran.Obama will answer questions in the East Room of the White House, spokesman Josh Earnest said Tuesday. The event is scheduled for 1:00 pm local time (1700 GMT).With Congress set to vote on the deal and Republicans already clamoring against it, the White House is aggressively ...
US issues Kenya travel warning ahead of Obama visit NAIROBI: The United States has warned its citizens in Kenya ahead of visit by President Barack Obama of the risk of terrorist attacks, singling out a conference that Obama is due to address.The US president is scheduled to give a speech to the Global Entrepreneurship Summit (GES) in Nairobi, which opens on July 24."As with all large public events, there is the opportunity for criminal elements to target participants and other visitors," the US State ...
Canada and Ukraine clinch free trade deal: report OTTAWA: Canada and Ukraine reached a free trade agreement that will be formally announced Tuesday during Prime Minister Arseniy Yatsenyuk's visit to Ottawa, Canadian media reported.With more than a million inhabitants claiming roots in Ukraine, Canada has made multiple supportive moves with Kiev since the 2014 revolution and Russia's annexation of the Crimean Peninsula.Trade between the two countries reached some $244 million in 2014.Ottawa and Kiev re-launched discussions about a free trade deal early last ...
Six dead in north Mexico gunfight MEXICO CITY: Gunmen attacked a police convoy in northern Mexico's violence-plagued city of Matamoros on Saturday, sparking a clash that left five suspects and one officer dead.The clash erupted after four carloads of armed civilians opened fire on Tamaulipas state and federal police in the city that borders Texas, authorities said.Four of the suspects were killed inside a car, which struck a restaurant's metal gate, the Tamaulipas state government said in a statement.A state police ...
Trump says will win Hispanic vote despite immigrant storm BEVERLY HILLS: Donald Trump doubled down Friday on his controversial claim that Mexico is sending criminals to the United States -- but insisted he was misrepresented, and really likes Mexico and Mexicans. The colorful US property magnate turned Republican White House hopeful also asserted that he will win more Hispanic votes than his rivals, including Democrat Hillary Clinton. He made his comments after meeting with a group of families who have had loved ones killed ...
US fed funds rate remains at 0.13pc NEW YORK: The US federal funds rate , which banks charge each other to borrow excess reserves, averaged 0.13 percent for a seventh day on Thursday, US Federal Reserve data released Friday showed. The fed funds rate, which the Fed targets to achieve its rate objective, traded in a range of 0.05 percent to 0.3125 percent, matching Wednesday's range. Copyright Reuters, 2015 ...


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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