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North Korea blames US for stalled nuclear dialogue SEOUL: North Korea said Thursday that stalled dialogue over its nuclear programme was down to aggressive US military exercises and accused Washington of seeking to shift blame onto Pyongyang."It is the height of shamelessness and hypocrisy that the US is trumpeting about 'will for dialogue' and 'flexibility' while resorting to military manuevers ceaselessly," a foreign ministry spokesman said."This is nothing but a petty trick to shift the blame for the stalled dialogue," the spokesman was quoted as saying by the North's official KCNA news agency.Not until Washington ends its annual joint military exercises with South Korea can the six-party talks on North Korea's nuclear weapons programme resume, he added.The six parties involved -- the two Koreas, China, Japan, Russia and the United States -- have not met for more than six years, and every effort to revive the dialogue process has stalled.Following the recent landmark US nuclear deal with Iran, ...

Australia says aircraft wreckage 'very important development SYDNEY: Australia on Thursday said the discovery of aircraft wreckage in the Indian Ocean was "a very important development" in the hunt for MH370, and it was feasible debris could have floated to the French island of La Reunion.A two-metre (six-foot) long piece of wreckage, possibly from a wing part known as a flaperon, was found on a beach in La Reunion on Wednesday, fuelling hopes that one of aviation history's greatest mysteries could move ...
MH370 relatives' emotional rollercoaster after wreckage link SYDNEY: Relatives of passengers and crew on board Malaysia Airlines MH370 spoke of their emotional turmoil and agonising wait for news Thursday after reports emerged that a piece of the missing jet may have been found.Aviation investigators are heading to the French, Indian Ocean island of La Reunion after a two-metre (six-foot) long piece of wreckage, which appeared to be part of a wing, was found Wednesday by people cleaning up a beach.The discovery has ...
Turkey's Erdogan in China for talks amid Uighur strains BEIJING: Turkish President Recep Tayyip Erdogan headed for China Wednesday having secured NATO's backing for Ankara's fight against Islamic State militants, but facing tensions with Beijing over China's mostly Muslim Uighur minority.Ankara is expanding a cross-border campaign against the Islamic State (IS) group in Syria, and also attacking positions of the outlawed Kurdistan Workers' Party (PKK) in northern Iraq after deadly attacks inside Turkey.At the same time China blames separatists for violence in the Uighur ...
Iran allows visa-free travel for citizens of serven countries ISLAMABAD: Iran has revoked visa requirements for nationals of 7 countries as part of its plans to boost tourism industry in the country.According to a report, citizens of Turkey, Lebanon, Azerbaijan, Georgia, Bolivia, Egypt and Syria can travel to Iran without visa, Press Tv reported.Under the new visa requirement regulations, citizens from these countries can stay in Iran without visa from 15 to 90 days.Iranian authorities have already started studying a visa waiver program under ...
South Korea declares end to MERS outbreak SEOUL: South Korea on Tuesday declared the effective end to a deadly outbreak of Middle East Respiratory Syndrome (MERS) that killed 36 people, triggered widespread panic and stymied growth in Asia's fourth-largest economy.Addressing a meeting of government officials in Seoul, Prime Minister Hwang Kyo-Ahn said the danger posed by what was the biggest outbreak of the virus outside Saudi Arabia was over."After weighing various circumstances, the medical personnel and the government judge that the people ...
Nuclear weapons not a toy, says North Korea's China envoy BEIJING: North Korea's nuclear weapons are "not a plaything" and their future is not up for negotiation, Pyongyang's ambassador to China said Tuesday, ahead of a visit by a US envoy.The comments by Ji Jae-Ryong came after an international deal with Tehran to curb Iran's nuclear capabilities in return for the lifting of crippling sanctions.In a rare press conference in Beijing, Ji said the North's nuclear capability was "not a plaything to be put on ...

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln