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Afghan bus collides with oil tanker, 50 dead: officials GHAZNI: A passenger bus collided with a fuel tanker in Afghanistan early on Friday, killing 50 people and injuring several others, with women and children among the victims, officials said.   The incident happened in the Spin Band area of Ab Band district of Ghazni province, which straddles the main highway from Kabul to Kandahar, the capital of the south.   It was not immediately clear to whom the fuel tanker belonged.   Ghazni is part of the main supply route for Nato goods coming into Afghanistan from the north and heading south.   "At around 6:30 am (0200 GMT) a passenger bus collided with a fuel tanker in the Spin Band area of Ab Band," Mohammad Ali Ahmadi, the deputy governor of the province, told AFP.   "As a result, the fuel tanker and the passenger bus caught fire and 50 people were killed and six others were wounded in the collision. There are women and children among the ...

19 dead, dozens buried in India landslides DEHRADUN: At least 19 people in northern India died on Friday in landslides and flash-floods triggered by heavy overnight monsoon rains and up to 30 others are missing, a rescue official told AFP.   The deaths occurred in the early hours after particularly heavy downpours in the Rudraprayag and Bageshwar districts of the scenic Himalayan state of Uttarakhand, Piyush Rautela from the state disaster management cell told AFP.   A total of 14 bodies had been discovered in four ...
India cabinet panel may discuss fuel price hike at Thurs meeting  NEW DELHI: An Indian cabinet panel headed by Prime Minister Manmohan Singh may discuss raising fuel prices at a meeting on Thursday and could take a decision, government officials told Reuters.   While the issue is not on the committee's agenda, it will likely be discussed, three officials said. The meeting of the Cabinet Committee on Political Affairs is due to take place at 6:30 pm local time (1300 GMT).   India subsidises the prices of diesel, cooking gas ...
Afghan leader postpones overseas trip over riot fears KABUL: Afghan President Hamid Karzai has postponed a visit to Norway fearing a violent backlash at home over an anti-Islam film that sparked riots killing the US ambassador in Libya, officials said Thursday.   The assault, which killed four American diplomats in the Libyan city of Benghazi was triggered by a mob angered by a film deemed offensive to Islam that Afghanistan has condemned as "inhuman and insulting".   "He has cancelled his trip for the time being. He ...
Commonwealth asks Canada to drop Sri Lanka boycott  COLOMBO: Commonwealth Secretary-General Kamalesh Sharma has urged Canada to drop its threat to boycott the group's summit in Sri Lanka next year over war crimes allegations.   Canadian Prime Minister Stephen Harper has warned that he may refuse to attend the summit unless Sri Lanka addresses allegations of atrocities during the closing battles of the war against separatist Tamil rebels in 2009.   Sharma, completing a five-day visit to Sri Lanka on Thursday, said the Commonwealth Heads of Government ...
India monsoon rains pick up, drought abates: minister NEW DELHI: India's drought has abated with a late revival in monsoon rains narrowing the shortfall from averages to just 8 percent in the season so far, Farm Minister Sharad Pawar said on Wednesday. The June-September monsoon rains, which are crucial for the 55 percent of India's farmland that is rain-fed, were about 12 percent below average until the end of August. Rains below 90 percent of long-term averages are considered deficient - a drought in ...
NATO chief says Benghazi attack BRUSSELS: NATO chief Anders Fogh Rasmussen on Wednesday strongly condemned a deadly attack on the US consulate in Benghazi, saying "such violence can never be justified".   Four American officials, including the US ambassador, were killed when angry Islamists late Tuesday attacked the consulate with rocket-propelled grenades before looting it and torching the building, witnesses said.   "I welcome the Libyan president's condemnation and condolences and his pledge of his government's full cooperation," Rasmussen added in a statement.   "It is ...


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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