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N.Korea BUREYA STATION: North Korea's reclusive leader Kim Jong Il received a red carpet welcome Sunday in Russia's Amur region where he toured a giant power station ahead of talks with President Dmitry Medvedev. It was the second day of Kim's week-long visit to the Russian Far East and Siberia, a rare trip out of a country battling isolation and hunger. Earlier on Sunday his special armoured train arrived at the small Bureya station in the Amur region and smiling Russian women dressed in red national costumes offered the high-profile guest a loaf of bread and salt, in accordance with Russian tradition. The 69-year-old leader looked serious and slightly tired as flag-waving locals greeted him at the station. Sporting sunglasses and his trademark khaki-coloured military-style suit, Kim broke off a piece of bread as the Kremlin's regional envoy Viktor Ishayev and a throng of local officials looked on. "He is rather simple, seems to be a ...

Three dead in Philippine ferry fire            st1\:*{behavior:url(#ieooui) } /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} MANILA: A packed inter-island ferry caught fire shortly after leaving port in the central Philippines Sunday, leaving three passengers dead, the coast guard said in an initial report. Initial reports indicated three of the 67 people aboard the MV Island 1 were killed in the blaze with two others still missing, coast guard spokesman Lieutenant Commander Aljir Ricafrente told DZBB radio. Ricafrente said the accident ...
Disaster-hit Japan faces leadership change      TOKYO: The revolving door to the Japan prime minister's residence is likely to spin again before the end of this month as Naoto Kan bows out to make way for the country's sixth new leader in five years. The centre-left premier is widely expected to quit within about a week, almost half a year since the devastating March 11 quake and tsunami sorely tested his leadership and turned him into Japan's top anti-nuclear crusader. The frontrunner ...
Son of North Korea SEOUL: North Korean's heir apparent appeared to be absent from the entourage on leader Kim Jong-Il's trip to Russia, according to a list announced by the North's state media during the rare visit. Korean Central News Agency confirmed Sunday Kim's "unofficial visit to Siberia and the Far East" region at the invitation of Russian leader Dmitri Medvedev, calling it a "historic occasion". A large group of government and military officials were accompanying Kim including ...
Philippines to press action against rogue rebel   MANILA: The Philippines will press rebels to go after a rogue member who formed a splinter guerrilla unit that could jeopardise peace talks, a top government aide said on Sunday. Ameril Umbrakato's new guerrilla unit, the Bangsamoro Freedom Fighters, was to top the agenda in Monday's resumption of peace talks in Malaysia, said Teresita Deles, who advises the president on the negotiations. "Kato is definitely in the agenda of talks with the Moro Liberation Front (MILF) starting ...
Vietnam police crush anti-China protest      HANOI: Vietnamese police detained at least 15 people during a crackdown Sunday on anti-China protesters who defied an order to stop an unprecedented series of rallies over a territorial dispute. Just minutes after the protest began, plainclothes agents moved in to force the demonstrators onto two waiting buses and drove them away, according to an AFP reporter at the scene. The rally was the 11th since early June to protest against Chinese actions in the tense South ...
Taiwan TAIPEI: Taiwan's bid to buy new F-16 fighter jets from the United States has become "hopeless" a top Taiwanese official was quoted as saying in a report on Saturday. The comments by parliamentary speaker Wang Jin-pyng, who said the US had changed its mind about selling the jets, mark the first time an official has stated publicly that the long-awaited deal is expected to fall through. It is now "all but hopeless" for Taipei to get the ...

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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln