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NEW YORK: The teenage daughter of an Indian diplomat who says she was wrongfully arrested for sending threatening emails to two of her New York City teachers has sued the city for $1.5 million, claiming civil rights violations. Krittika Biswas, the daughter of the vice-consul in the Consulate General of India in New York, was arrested and imprisoned for a night last year after gym and calculus teachers at her Queens high school accused her of sending lewd and violent emails. The next day, Biswas was suspended from John Bowne High School and compelled to attend classes at "an alternate location without an applicable enriched academic program, and more akin to 'reform school,'" according to the lawsuit. Queens District Attorney Richard Brown dropped all charges against Biswas, who was 18 years old at the time, and ordered the records from the case sealed. A spokeswoman for Brown declined to comment because the case ...

TOKYO: Japan's government will take a controlling stake in the operator of the Fukushima nuclear plant under a plan ministers approved Wednesday, effectively nationalising one of the world's largest utilities. Tokyo will inject one trillion yen ($12 billion) as part of a 10-year restructuring aimed at preventing the vast regional power monopoly from going bankrupt. Tokyo Electric Power (TEPCO), which is facing a huge clean-up bill for the disaster at Fukushima, along with colossal compensation claims from ...
NEW DELHI: India's Supreme Court has halted a plan to re-introduce cheetahs to the country by shipping animals over from Africa after experts said the idea was "totally misconceived". The environment ministry had cleared the $56 million project which involved moving African cheetahs from Namibia to a wildlife sanctuary in the central Indian state of Madhya Pradesh. But court-appointed adviser P.S. Narasimha said: "Studies show that African cheetahs and Asian cheetahs are completely different, both genetically and ...
YANGON: Myanmar state media on Wednesday said claims of ballot tampering made by Aung San Suu Kyi's opposition party during landmark recent by-elections were found to be "groundless" by an official probe. Suu Kyi's National League for Democracy (NLD) had alleged that the check box for its candidates on ballot sheets in several towns had been covered in wax which could be rubbed off later to cancel the vote. "It was a groundless complaint such false accusation ...
KABUL: Three soldiers serving with international coalition forces in Afghanistan were killed in an attack in eastern Afghanistan on Monday, the military said. "Three International Security Assistance Force service members died following an improvised explosive device attack in eastern Afghanistan today," NATO's ISAF said in a statement. ISAF did not release the location of the attack or the nationalities of the soldiers, in keeping with policy. According to a tally kept by, 145 foreign troops have ...
TEHRAN: Iran on Monday hanged nine men in a prison in Tehran after they were convicted of trafficking "glass", or methamphetamine, a statement from the Tehran prosecution office said. Seven of the men had been sentenced to death after a consignment of 500 kilograms (1,100 pounds) of the drug was seized in a cargo ship bound for southeast Asia, the statement carried by local media said. "Reza Golshani, Abolfazl Norouzi, Majid Heydarkhani, Majid Doosti, Majid Mandehi, Ali ...
Hillary Clinton lands in Kolkata KOLKATA: US Secretary of State Hillary Clinton landed in the eastern Indian city of Kolkata on Sunday at the start of a three-day visit that will include high-level talks in New Delhi. Clinton arrived in Kolkata after a brief stop in neighbouring Bangladesh and a tense visit to China during a crisis over dissident Chen Guangcheng.   Copyright AFP (Agence France-Presse), 2012   ...


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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