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Iran urges more active British diplomacy after Cameron win TEHRAN: A top adviser to the Iranian president called on Saturday for a more active British foreign policy in the Middle East after Prime Minister David Cameron's upset election victory.The remarks by Hamid Aboutalebi, President Hassan Rouhani's deputy chief of staff for political affairs, come as six major powers, including Britain, seek a nuclear deal with the Islamic republic.Aboutalebi complained that in the negotiations that led to a framework accord last month Britain had taken a back seat, and called for a more active role in the efforts under way to reach a full agreement by June 30."British policy in the region and on the nuclear issue in recent years has been far from the capacities of that country and has been overshadowed by American policy," he tweeted. "This is to Britain's disadvantage," he added, calling on Cameron to use his "decisive majority" to "increase efforts in the international arena ...

UN says it has received fraction of $415mn Nepal appeal KATHMANDU: The United Nations said on Friday it had received just $22 million of the $415 million it had appealed for in Nepal following the recent earthquake, and called for aid contributions to be "dramatically ramped up".Jamie McGoldrick, UN resident coordinator for Nepal, warned of a race against time to deliver relief supplies to remote areas -- some of which are accessible only on foot -- before heavy monsoon rains arrive, expected in June.Thousands have ...
'His Royal Hotness' Prince Harry goes walkabout in Sydney %9 SYDNEY: Thousands of wellwishers on Thursday made the most of their chance to see Prince Harry during a meet-and-greet near Sydney's Opera House, with "His Royal Hotness" banners out in force and one woman asking him to marry her.The 30-year-old prince, known as Captain Wales, has been on a month-long embed with the Australian army as he prepares to quit the British forces in June, missing the birth of his niece Princess Charlotte earlier this ...
Tsunami threat as 7.4 magnitude quake hits Papua New Guinea SYDNEY: A 7.4 magnitude earthquake struck off Papua New Guinea on Tuesday with tsunami waves possible along the coast, seismologists said, although local residents said there was no major damage and sea levels were the same.The quake struck 133 kilometres (83 miles) south-southwest of the town of Kokopo in the New Britain region at a depth of 63 kilometres, the US Geological Survey said, and was followed by a 5.9 magnitude aftershock.The Pacific Tsunami Warning ...
Strong quake in New Zealand, no damage reported WELLINGTON: A strong 5.6-magnitude earthquake hit New Zealand's South Island on Monday with local authorities saying it shook buildings but caused no serious damage.The tremor struck at 2.29 pm (0229 GMT) at a relatively shallow depth of 10 kilometres (6.2 miles), with its epicentre about 30 kilometres north-west of Wanaka, the US Geological Survey said.New Zealand's official GeoNet monitoring service listed the quake as "severe" and said there were reports of strong shaking from across ...
China's Xi meets Taiwan ruling party chief: Xinhua BEIJING: Chinese Communist Party chief Xi Jinping held talks with the visiting leader of Taiwan's ruling party on Monday, state media reported, the first such meeting for seven years. Xi, who is also China's president, welcomed Kuomintang (KMT) party head Eric Chu, the official Xinhua news agency reported in a brief dispatch.Pictures showed the two men smiling and shaking hands at the Great Hall of the People.Relations between the political parties that fought a civil ...
Death toll rises to six in Australian floods SYDNEY: The death toll from heavy rains that inundated Australia's east coast has climbed to six, as flood warnings continued Sunday following a severe deluge that cut power to thousands of homes and isolated numerous communities.The eastern states of Queensland and New South Wales (NSW) faced a huge clean-up task ahead, but were forecast to experience easing conditions on Sunday following two days of wild weather."Never before have we seen such a huge volume of ...

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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 $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln