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Afghan parliament rejects second defence minister nominee KABUL: Afghanistan's parliament rejected the second nominee for defence minister, leaving the key position in limbo after nine months and as the Taliban insurgency makes gains against foreign-backed government forces.Mohammed Masoom Stanekzai received 84 out of the 107 votes required to pass the vote. A total 231 were cast.Copyright Reuters, 2015 ...

Iran recovers 13 tonnes of sanctions-hit gold TEHRAN: Iran said Wednesday it has recovered part of its gold reserves frozen under international sanctions after an accord sealed on the sidelines of nuclear negotiations with world powers.Central bank chief Valiollah Seif, quoted by state news agency IRNA, said the accord covers the repatriation of a total of 13 tonnes of gold blocked in South Africa for the past two years.Three consignments had been returned to the central bank since the start of the ...
Dead lions in India floods spark catfight AHMEDABAD: Wildlife experts voiced anger Monday at the death of nine endangered lions in floods in western India, saying it showed that at least some of them should be relocated to preserve their numbers.Devastating floods triggered by annual monsoon rains last week killed at least 55 people in the state of Gujarat, which is also home to about 500 Asiatic lions in their last remaining sanctuary globally.Gujarat's chief wildlife officer S.C Pant said 100 forest ...
China probes high-ranking sports official for corruption BEIJING: A deputy head of China's sports administration has been put under investigation, the ruling Communist Party's anti-corruption agency said, the highest-ranking official to fall in the notoriously graft-prone sector.Xiao Tian, deputy director of the General Administration of Sport (GAS) and a vice chairman of China's national Olympic committee, is being probed for suspected "serious violation of disciplines and laws" -- an often-used euphemism for corruption, the Central Commission for Discipline Inspection (CCDI) said in ...
India extends crackdown to Catholic charity NEW DELHI: India has placed the Catholic charity Caritas on a government watch list, an official and news reports said Tuesday, in a growing crackdown on foreign organisations operating in the country.A home ministry official told AFP Caritas had violated India's foreign funding laws by financing groups that were working "against the country".He said Caritas had been placed on a list of organisations needing prior government approval to receive or distribute funds in India, a ...
Explosion rocks Afghan parliament KABUL: A huge explosion rocked the Afghan parliament in Kabul on Monday, triggering chaos in the smoke-filled building as lawmakers ran for cover, live television footage showed."We have heard reports of an explosion. We are heading to the scene," Kabul police spokesman Ebadullah Karimi told AFP. Copyright AFP (Agence France-Presse), 2015 ...
Iran's Rouhani challenged by motion against minister TEHRAN: Iran's President Hassan Rouhani received a fresh challenge to his authority on Tuesday when 60 lawmakers filed impeachment papers seeking to sack his education minister.The motion, which accuses Ali Asghar Fani of being incapable of performing his duties, faces a vote in the conservative-dominated parliament on June 24, the official IRNA news agency reported.As in past impeachment actions, the effort to dismiss Fani may lead Rouhani to parliament to argue in his minister's defence. ...


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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