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Iran's hardline media slam nuclear talks extension TEHRAN: Iran's media were deeply split Tuesday on the merit of extending nuclear talks with the West, with conservative newspapers slamming the move as reformist outlets said progress had been made.Vatan-e-Emrooz, a hardline broadsheet title, headlined its front page "Nothing" -- and beneath the fold had only empty white space."A year has passed since the Geneva accord. Nuclear negotiations for the removal of sanctions did not reach a result," the newspaper said, announcing the seven-month extension in talks to its readers."This is to cover up that negotiations in fact failed because of America's excessive demands," a downbeat front-page editorial added.Siasate-e Rooz, another hardline title, was similarly pessimistic."Americans, despite announcing in their media that they want a deal, in fact do not believe in reaching a nuclear agreement with the Islamic Republic of Iran and have never taken any steps to achieve this result," its front-page editorial said.However, President Hassan Rouhani, ...

Sri Lanka election monitors urge end to poll violence COLOMBO: Sri Lanka's elections chief and pro-democracy activists on Tuesday urged police to stem a spate of campaign-related violence that has flared since President Mahinda Rajapakse declared his re-election bid.Commissioner of Elections Mahinda Deshapriya said he had asked police to bring to justice those responsible for two shooting incidents since Friday, involving government supporters and backers of the main opposition candidate Maithripala Sirisena."I have asked police about these incidents, I have told them to take ...
Indians muck in for cleaner communities GHAZIABAD: Armed with rakes, shovels and carts, a group of residents in a suburb of the northern Indian city of Ghaziabad head purposefully for an unsightly corner of their neighbourhood.With loud music blaring to spur them on, the two-dozen-strong team tackles the neglected patch with zeal, transforming it over the course of the morning from an overgrown eyesore, strewn with litter, to a clear open space."In this sector there has been a complete social revolution," ...
Sri Lanka minister defects to challenge president COLOMBO: A senior member of Sri Lanka's government announced Friday he was quitting the ruling party to stand as the main opposition's candidate against President Mahinda Rajapakse in upcoming elections."I thank the UNP (United National Party) for choosing me as the common opposition candidate," Health Minister Maithripala Sirisena, who also held the post of general secretary in Rajapakse's party, told a press conference in Colombo.Copyright AFP (Agence France-Presse), 2014 ...
Iran lawmakers reject Rouhani's science minister pick TEHRAN: The Iranian parliament overwhelmingly rejected President Hassan Rouhani's pick for science minister on Tuesday -- the third time they have done so in little more than a year. The rebuff underscores the pressure that Rouhani, a moderate elected in June 2013, faces from a parliament dominated by conservatives at odds with his desire to open up the country to the West.The post of Minister of Science, Research and Technology is sensitive because it involves ...
Modi talks 'shirtfronting' and cricket Down Under SYDNEY: Indian Prime Minister Narendra Modi injected some humour into his address to Australia's parliament on Tuesday, using the term "shirtfront" to make fun of his host while also talking cricket.Modi's official visit, the first by an Indian leader in 28 years, follows on from Prime Minister Tony Abbott's hosting of G20 world leaders in Brisbane on the weekend."(As) the third head of the government you are listening to this week, I do not know ...
Sri Lanka president accuses Oslo peace envoy of funding rebels COLOMBO: Sri Lanka's president has accused a top Norwegian envoy of covertly financing the island's separatist Tamil Tigers during peace talks ahead of a military campaign that crushed the rebels in 2009.President Mahinda Rajapakse told a public rally on Saturday that he wanted Oslo to probe the role of Erik Solheim, a former Norwegian international development minister and a peace envoy to Sri Lanka.Solheim failed to secure a peace deal despite arranging a truce which ...


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Banking Review 2013

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