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New York voters elect youngest woman to US Congress NEW YORK: A 30-year-old upstate New York Republican on Tuesday made history by becoming the youngest woman elected to US Congress, shattering a record set before she was born.Elise Stefanik, a former White House aide to president George W. Bush, won New York's upstate 21st district, beating her Democrat challenger, film producer Aaron Woolf.With 498 out of 598 districts reported, she had won 44.1 percent of the vote compared to 28.39 percent for Woolf, said the New York state board of elections.The last record was last set by former Democratic representative Elizabeth Holtzman in Brooklyn who won a seat in the House in 1972 when she was 31 years old and took her seat in 1973.US media has dubbed her the rising star of the Republican Party who currently works for her family's business, a distributor of hardwood plywoods with more than 1,000 customers.The 21st congressional district of New York, ...

Republicans take Senate in US election sweep WASHINGTON: Republicans captured a majority in the US Senate on Tuesday in a sweeping midterm election victory that delivered a rebuke to President Barack Obama's Democrats.With wins in North Carolina and Iowa, the Republican party picked up at least seven Senate seats to guarantee at least 52 members of the 100-member chamber, TV networks said.The opposition party needed a net gain of six seats in the Senate.The Republicans also were on track to extend their ...
First black senator elected in US South since Civil War era WASHINGTON: Voters in South Carolina elected the first African-American to the US Senate from the South since the years immediately following the Civil War, according to projections from television networks.Tim Scott, 49, was expected to easily win the historic vote after having been appointed un-elected to the post in 2012 when the previous senator stepped down.The son of a nursing assistant who grew up in poverty and later achieved success in business and local politics, ...
Hagel trip to Vietnam, Myanmar postponed: Pentagon WASHINGTON: Pentagon chief Chuck Hagel is pulling out of a long-planned trip to Vietnam and Myanmar this month because of a demanding schedule at home, defence officials said Tuesday.The last-minute decision to postpone the 10-day trip came after Hagel faced criticism over his performance from unnamed officials inside President Barack Obama's administration in a series of news reports.Some of the reports suggested Hagel and other officials might be replaced in a shake-up of Obama's national ...
Obama to meet Suu Kyi in Myanmar on Nov 14 WASHINGTON: US President Barack Obama will meet Myanmar opposition leader Aung San Suu Kyi in Yangon on November 14 during a six-day trip that also includes stops in China and Australia, the White House said Tuesday.Earlier in the November 12-14 Myanmar stop, Obama will participate in a US-ASEAN Summit in Naypyidaw, where a bilateral meeting with Myanmar President Thein Sein is planned, the statement said.Suu Kyi's National League for Democracy party is favored in legislative ...
UN considers adding Libya militants to terror list UNITED NATIONS: France, Britain and the United States on Tuesday asked a Security Council committee to add Libyan militants group Ansar al-Sharia to a UN terror list for its ties to Al-Qaeda.Ansar al-Sharia is already on the US terror list for its role in the September 2012 attack on the US mission in Benghazi that killed the US ambassador and three other Americans.A copy of the French-led request to the Al-Qaeda sanctions committee was obtained ...
Mexican troops face civilian trial for 22 deaths MEXICO CITY: Seven Mexican soldiers being held in the June killings of 22 suspected criminals will be tried by a civilian judge, three of them for homicide, federal justice officials said Sunday. The troops were ordered arrested Friday by a Mexico state judge for dereliction of duty in the June 30 incident. Three of them are charged with aggravated homicide, and one of them with allowing a crime to take place.For now, the soldiers are ...

 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln