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Taliban bombs kill at least 10 police in Afghanistan KABUL: Bombs exploded in three cities in Afghanistan on Monday killing at least 10 policemen, officials said, a day after a Taliban suicide bomber blew himself in Kabul's police headquarters killing one person.The Taliban were ousted from power in 2001 by U.S.-led forces and they have been fighting ever since to oust foreign troops and the U.S.-backed government, even as most foreign forces are pulling out by the end of this year.The militants claimed responsibility for two of the attacks, which killed the policemen, seven of them in the eastern province of Logar province when a suicide bomber blew himself up at the provincial police headquarters.In Nangarhar province, also in the east, three policemen were killed in the city of Jalalabad by a bomb planted in a rickshaw, officials said.It was not clear who was behind the third blast, in Kabul, caused by a bomb planted in a flower bed ...

China president says risks to economy ‘not that scary’ BEIJING: The risks faced by China's economy are not that scary and the government is confident it can head off the dangers, President Xi Jinping told global business leaders on Sunday to dispel worries about the world's second-largest economy.In a speech to chief executives at the Asia Pacific Economic Cooperation (APEC) CEO Summit, Xi said even if China's economy were to grow 7 percent, that would still rank it at the forefront of the world's ...
India's finance minister vows to push land purchase reform NEW DELHI: India will push ahead with reform to a land purchase law blamed by business for slowing industrial projects, even if there is resistance to loosening the rules, Finance Minister Arun Jaitley said on Sunday.Jaitley said changes to the law were needed to fulfil Prime Minister Modi's vision of building 100 new "smart" cities across India."Some changes will be necessary, we will first attempt to reach a consensus, if that's not possible we will ...
Taliban suicide attack kills one at police HQ KABUL: Taliban suicide bomber attacked police headquarters in the Afghan capital on Sunday, killing at least one person and wounding six, police and the insurgents said.A second explosion in the centre of Kabul did not kill or injure anyone, the government said.The insurgents, who were ousted from power by an American-led coalition in 2001, are seeking to destabilise Afghanistan as most foreign troops leave the country this year.The Taliban claimed responsibility for the police HQ ...
Kerry, Zarif, Ashton start nuclear talks in Oman: witness MUSCAT: Iranian Foreign Minister Mohammad Javad Zarif began talks with U.S. Secretary of State John Kerry and European Union envoy Catherine Ashton in Oman on Sunday to try to advance efforts to end a standoff over Tehran's nuclear programme, a witness said.The discussions, aimed at curbing Iran's sensitive uranium enrichment work in return for a gradual lifting of sanctions, are taking place just two weeks before a self-imposed Nov. 24 deadline for reaching a comprehensive ...
China approves $113bn in infrastructure projects BEIJING: China approved more than $100 billion worth of infrastructure projects in late October and early November, state media said on Saturday, in a bid to bolster slowing growth in the world's second largest economy.China's top economic planning body, the National Development and Reform Commission (NDRC), approved 21 infrastructure investment projects between Oct. 16 and Nov. 5 with a total investment value of 693.3 billion yuan ($113.24 billion), the official Xinhua news agency said on ...
Indian airline suspends flights after plane hits buffalo NEW DELHI:- An Indian airline has suspended flights from a rural airport after one of its planes hit a buffalo that had strayed onto the runway.None of the 140 passengers and crew on the Spicejet flight was injured in the accident, which occurred just before takeoff.But the budget airline suspended all flights from Surat airport in the western Indian state of Gujarat, saying stray animals were a "growing menace" at some airports in India.The buffalo ...


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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