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South Korea's Park to visit Obama June 16: White House WASHINGTON: President Barack Obama will welcome South Korean President Park Geun-hye to the White House on June 16, the White House National Security Council said on Twitter on Tuesday. Copyright Reuters, 2015 ...

California beach town cleans up after oil spill SANTA BARBARA: A small army of clean-up workers toiled Friday to scoop up crude oil deposits from a picturesque California beach, three days after a pipeline rupture unleashed thousands of gallons into the ocean.The scenic Refugio State Beach and its neighbor El Capitan would usually be swarming with tourists over America's Memorial Day weekend, but were closed until further notice following Tuesday's spill.Plastic bags filled with blackened sand piled up, and the stench of oil ...
Bacteria blamed in indigenous Mexican baby deaths MEXICO CITY: Bacteria -- and not a contaminated vaccine as initially suspected -- were to blame for the recent deaths of two Mexican babies and for sickening 29 others, according to an official investigation.The babies, from the indigenous town of Simojovel in southern Chiapas state, became sick after receiving Hepatitis B shots earlier this month. Mexican health authorities said Friday that studies carried out on the babies detected a type of Staphylococcus bacterium that is ...
US Senate approves fast-track trade authority for Obama WASHINGTON: The US Senate overcame bitter divisions on trade policy Friday and passed legislation that gives President Barack Obama authority to swiftly forge international trade pacts, including a landmark Pacific Rim accord under negotiation.The measure now heads to the House of Representatives where its fate is uncertain.While Senate passage is a dramatic victory for Obama, the bill clearly faces a fierce debate in the lower chamber, where lawmakers signalled there is intense opposition from within ...
Canada inflation drops to 0.8pc in April OTTAWA: Low oil and gas prices brought inflation down in April but Canadians paid more for almost everything else, the government statistical agency said Friday.The consumer price index fell to 0.8 percent in the month, according to Statistics Canada. Analysts had expected a rate of 1.0 percent after it was 1.2 percent in March.Statistics Canada said the prices of meat, fresh vegetables, restaurant meals, passenger vehicles, clothing and footwear increased.Gasoline, natural gas and mortgage interest ...
Obama praises US senators for 'big step forward' on trade WASHINGTON: US President Barack Obama praised US senators on Thursday for advancing legislation that would help him complete a trade pact with Asian countries, a major policy priority for the White House. "I want to thank a bipartisan group of senators who took a big step forward this morning on a trade agenda that is consistent with strong labor standards, strong environmental standards," Obama said at the beginning of a meeting with members of his ...
BP oil spill caused dolphins' lung disease, deaths: study MIAMI: Dolphins swimming in the oil-contaminated waters of the Gulf of Mexico after the 2010 BP spill suffered unusual lung lesions and died at high rates because of petroleum pollution, US scientists said Thursday.The latest findings in the journal PLOS ONE present the strongest evidence to date that the environmental disaster that was unleashed when the BP-leased Deepwater Horizon rig exploded on April 20, 2010, pouring 4.9 million barrels of oil into the ocean, was ...

 



 
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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