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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 closer to being solved."This obviously is a very important development and if it is indeed wreckage from MH370, it starts to provide some closure for the families of the people on board," said Australia's Transport and Infrastructure Minister Warren Truss."The Reunion islands are a very long way from the search area but it is consistent with the work that has been done in identifying the current search area, the satellite interpretations of the route path ...

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 ...
South Korea police block anti-North leaflet launch SEOUL: South Korean police on Monday blocked activists from launching anti-Pyongyang leaflets across the heavily fortified border, after fresh North Korean warnings about dire consequences if such events went ahead.Dozens of activists had planned to launch helium-filled balloons carrying about 30,000 leaflets criticising the North's ruling Kim family.But hundreds of police blocked the launch site near the border, forcing organisers to cancel the operation."They kept saying it was dangerous... we didn't buy the argument but ...

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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln