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Deadly air strike hits camp for Yemen displaced: UN SANAA: An air strike hit a camp for displaced people in northwest Yemen on Monday, causing an unknown number of deaths, a United Nations official said."There is confirmation that the camp (in Hajja province) has been hit... We know there are dead and wounded," said the official from the UN Office for the Coordination of Humanitarian Affairs.Copyright Reuters, 2015 ...

India to issue land reform order to get around political deadlock NEW DELHI: India will issue a new decree this week for land purchases that has stirred disquiet across the country but which the government says is necessary to build roads, ports and power stations for higher economic growth.Billions of dollars of infrastructure projects are held up because of the difficulties involved in acquiring land under a law that requires approval of 80 percent of the affected landowners as well as carrying out a social impact ...
Japan govt weighing income tax hike on wealthy to meet fiscal goal: sources TOKYO: Japan's government is considering raising income taxes for the wealthy and increasing the inheritance tax if it looks unlikely to reach its goal of returning to a primary budget surplus in 2020, government sources said.Prime Minister Shinzo Abe's government plans to raise the nationwide sales tax to 10 percent from 8 percent in April 2017 to help pay for rising welfare and healthcare costs."Abe is determined to not raise the sales tax any further," ...
Sri Lankan president's brother dies after axe attack COLOMBO: The youngest brother of Sri Lankan president Maithripala Sirisena died in hospital Saturday after being attacked by a man wielding an axe two days earlier, police said.Priyantha Sirisena, a father of three, suffered severe head injuries in his hometown of Polonnaruwa, 215 kilometres (134 miles) north-east of the capital Colombo, police said.The local businessman's death came as the President was in China on a state visit.Police said they arrested a man in connection with ...
Ships to evacuate thousands of Indians from Yemen NEW DELHI: India is to send ships to Yemen to evacuate thousands of workers stranded there as the fighting intensifies, authorities said.Around 3,500 Indians are currently working in Yemen, which has been plunged into chaos by a Huthi rebellion that has triggered Saudi-backed airstrikes on the capital Sanaa.Many are nurses from the southern state of Kerala, whose Chief Minister Oommen Chandy said New Delhi planned to send two ships to evacuate them."(Foreign) minister Sushma Swaraj ...
Stampede in Bangladesh kills at least 10 pilgrims DHAKA: At least 10 Hindu pilgrims were killed in a stampede outside the Bangladeshi capital Dhaka on Friday, police said."The dead included seven women and three men. They died near the Rajghat, the main bathing step on the river Brahmaputra," police inspector Nasir Ahmed told AFP.Copyright AFP (Agence France-Presse), 2015 ...
Japan launches replacement spy satellite TOKYO: Japan on Thursday successfully launched a replacement spy satellite, its aerospace agency said, as an existing device comes to the end of its working life.Tokyo put spy satellites into operation in the 2000s after its erratic neighbour North Korea fired a mid-range ballistic missile over the Japanese mainland and into the western Pacific in 1998.The Japan Aerospace Exploration Agency (JAXA) and Mitsubishi Heavy Industries launched the H-2A rocket from Tanegashima Space Center in southwestern ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln