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Six bodies recovered in Colombia mine collapse RIOSUCIO: Rescuers Friday said they had found six bodies in a collapsed, unlicensed gold mine on an indigenous reservation in a central Colombian town.Another nine miners were believed to still be missing after the accident on Wednesday in the northwestern town of Riosucio, where authorities are carrying out an investigation of the mine.Rescuers were working into the evening to retrieve the sixth miner's remains, hours after the recovery of a separate body sapped the hopes of anxious relatives that more of the missing might still be found alive.The first two bodies were spotted Thursday, with rescuers finding two more several hours later.The workers are believed to be trapped in shafts 17 meters (55 feet) below ground.The bodies were taken to the city of Pereira to be identified.Search and rescue operations are due to be completed over the weekend, according to government disaster relief agency UNGRD.The mine collapse occurred after a ...

US weapons 'expedited' to Iraq amid IS advance: Biden WASHINGTON: The United States is sending "continued and expedited" weapons to Iraq, Vice President Joe Biden told Prime Minister Haider al-Abadi on Friday, amid a major Islamic State group advance.The phone call took place after Islamic State extremists seized a government compound in the city of Ramadi earlier in the day, edging closer to what would be their biggest victory in Iraq this year.Biden thanked Abadi "for his steadfast leadership in Iraq and for promoting ...
US, Cuba to hold embassy talks next Thursday: State Department WASHINGTON: American and Cuban officials will meet on May 21 to discuss reopening embassies and tackle broader migration, security and environmental issues, the US State Department said Thursday.The US top official for Latin America, Roberta Jacobson, will host a team from the Cuban government led by Havana's director of US affairs, Josefina Vidal.A State Department spokesperson said reestablishing embassies would allow greater cooperation between the former Cold War foes, who announced in December they would ...
US Senate advances trade negotiating authority for Obama WASHINGTON: Following days of obstruction from lawmakers in President Barack Obama's own Democratic party, the US Senate advanced contentious legislation Thursday allowing him to swiftly finalize a landmark Pacific trade pact.The 65 to 33 vote marked a victory for the White House and free-trade Republicans who had united in an effort to press ahead with Obama's biggest domestic legislative priority in the remaining 20 months of his presidency.But it belied what may be a tough ...
US, Cuba to meet in coming weeks on reopening embassies: minister HAVANA: The United States and Cuba will hold another meeting in the coming weeks in Washington on reopening embassies, the latest step in their historic rapprochement, Havana's Foreign Minister Bruno Rodriguez said Wednesday."In the coming weeks, there will be a new round of negotiations in Washington on reestablishing diplomatic relations and opening embassies," he told AFP in an exclusive interview.The exact date has not yet been set, he said.The two sides have held several rounds ...
Obama picks new chiefs for US Army, Navy WASHINGTON: President Barack Obama has chosen a submarine officer to serve as the next head of the US Navy and an infantry officer who commanded troops in Afghanistan for army chief, officials said Wednesday.Admiral John Richardson, currently the head of naval reactors, has been nominated to lead the navy, and General Mark Milley, who also served in Iraq, was picked to lead the army.In announcing the nominations, Defense Secretary Ashton Carter praised Milley as "a ...
Obama, Senate Democrats huddle on next steps for fast-track  trade bill %9 %9 WASHINGTON: President Barack Obama huddled with Senate Democrats on Tuesday to talk about how to move forward after Democrats blocked debate on granting him trade promotion authority (TPA), an administration official said."The president convened a meeting today with Senate Democrats, including members who have publicly indicated their support for advancing a TPA bill, to discuss a path forward for this legislation," the official said, speaking on background.Copyright Reuters, 2015 ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune-July
Trade Balance $-22.095 bln
Exports $23.885 bln
Imports $45.980 bln
WeeklyAugust 03, 2015
Reserves $18.536 bln