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World leaders enjoy sun, beer, koalas on Australian front page BRISBANE: An Australian newspaper gave G20 leaders an irreverent welcome Friday, with Barack Obama depicted bare-chested and in swimming trunks, Angela Merkel shown hugging a koala and Vladimir Putin wearing a hat made from beer cartons.Brisbane's Courier-Mail's shows Indonesia's Joko Widodo tending a barbecue, Japan's Shinzo Abe dressed as a surf lifeguard and Chinese leader Xi Jinping looking like he is heading for a swim with a towel draped over his shoulder. Indian Prime Minister Nahendra Modi is portrayed as having just hauled in a huge fish, France's Francois Hollande is sipping white wine while South Africa's Jacob Zuma holds a beer.Australia's Prime Minister Tony Abbott, who hosts the leaders of the world's 20 biggest economies for the G20 summit in Brisbane this weekend, is shown having emerged from the surf wearing only swimming briefs -- known in Australia as budgie-smugglers -- and cap. While the wrap-around 'Welcome to Paradise' ...

Ebola workers appeal to G20 leaders for more help BRISBANE: Health workers on the frontline of west Africa's Ebola crisis pleaded with G20 leaders on Thursday for more resources, describing horrific working conditions as they attempt to contain the deadly outbreak.Liberian nurse Laurene Wisseh said health workers had been reduced to using plastic bags in an attempt to cover themselves due to a lack of rubber gloves and protective suits.Ambulance officer Gorden Kamara said there were just 15 ambulances for a population of 1.5 ...
China agrees to target emissions peak 'around 2030': White House BEIJING: China and the US agreed ambitious greenhouse gas emission targets on Wednesday, the White House said in a statement, with Beijing setting a goal for its emissions to peak "around 2030".It is the first time China -- the world's biggest polluter -- has set a date, even approximate, for its emissions to stop increasing, and the White House said China would "try to peak early". At the same time the US set a goal ...
Japan's Abe to postpone tax hike, call December election TOKYO: Japanese Prime Minister Shinzo Abe will postpone a planned tax increase and call a general election for December, a newspaper said on Wednesday, in an effort to lock in his grip on power before his voter ratings suffer a slide. Abe said on Tuesday he had not decided on the timing of an election and his top government spokesman said on Wednesday that a decision on the national sales tax hike, which could derail ...
South Korea jobless rate unchanged at 3.5pc in October SEOUL: South Korea's unemployment rate remained unchanged in October but the number of young people out of work eased slightly, government data showed Wednesday. The seasonally adjusted jobless rate stood at 3.5 percent for the second straight month, Statistics Korea said.Unemployment among those aged 15-29 stood at 8.0 percent, down 0.5 percentage points from a month earlier.The number of employed people came to 25.95 million in October, up 406,000 from the same month last year."A ...
North Korea attacks South's rights 'abuses' in ferry case SEOUL: Under growing pressure at the United Nations over its human rights record, North Korea has accused rival South Korea of its own "crimes against humanity" over the Sewol ferry tragedy.Just hours after a South Korean court on Tuesday sentenced the captain of the Sewol to 36 years, the North issued a report "indicting" the South for "hideous crimes" and rights abuses in its handling of the disaster that killed more than 300 people.The report ...
Abbott says G20 must prove its relevance in Brisbane SYDNEY: Australian Prime Minister Tony Abbott Tuesday said G20 leaders must prove the forum remains relevant by producing concrete outcomes from their summit this weekend, warning against "hiding behind lofty words".The world's most powerful economies have a patchy record in delivering anything meaningful from their annual meetings but Abbott, as 2014 host, said he wanted that to change in Brisbane."Collectively, there is much work to do," he said in an opinion piece for the Australian ...

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Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln