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Iran defence minister in Baghdad for talks BAGHDAD: Iran's defence minister arrived in Baghdad on Monday for talks with his counterpart, a day after the Iraqi government suffered one of its worst losses with the fall of Ramadi to militants.Hossein Dehghan "will hold consultations with Iraqi Defence Minister Khaled al-Obeidi," a ministry official said on condition of anonymity, adding that the visit was pre-scheduled.Copyright AFP (Agence France-Presse), 2015 ...

Prince Harry ends New Zealand, Australia visit on winning note AUCKLAND: Britain's Prince Harry wrapped up a visit to New Zealand and Australia on Saturday by scoring the winning goal in a football match and proving he can help capture a crocodile.The 30-year-old prince spent a week in New Zealand, which started with a pub quiz on an outer southern island, included learning a traditional haka at a military camp, and finished with a day of sport at Auckland.He also revealed during the official visit ...
No plans for US to base B-1 bombers in Australia: PM SYDNEY: Australian Prime Minister Tony Abbott on Friday denied the United States had plans to base B-1 bombers in the country, saying an American official had "misspoken" on the issue.Assistant Defense Secretary for Asian and Pacific Security Affairs David Shear spoke this week of the deployment of the aircraft at a hearing on safeguarding US interests in the East and South China Seas."We -- under the redeployment of long-term, medium to long-term redeployment of Marines ...
Japan cabinet OKs military expansion rules TOKYO: Japan's cabinet on Thursday approved a set of bills bolstering the role and scope of the military, as the pacifist country redefines its position in the increasingly roiled Asia-Pacific region.The bills are a pet project of nationalist Prime Minister Shinzo Abe, who says Japan can no longer shy away from its responsibility to help safeguard regional stability, and must step out from under the shade of the security umbrella provided by the United States.The ...
North Korea carries out live-fire drill again in Yellow Sea SEOUL: North Korea carried out a live-fire drill near the disputed sea border with South Korea Thursday for the second consecutive day, snubbing calls from Seoul not to escalate cross-border tensions.The drill began at 7:10 pm (1010 GMT) near a South Korean front-line island close to the maritime border in the Yellow Sea, the South's Defence Ministry said."South Korean troops are keeping a tight guard against any provocations from North Korea," a ministry spokesman told ...
Dozens feared dead in Philippines factory fire MANILA: Dozens of people were feared dead after a fire swept through a footwear factory in the Philippine capital Manila on Wednesday, with rescuers reporting "piles" of bodies inside.Sixty-five people were unaccounted for after the blaze destroyed the factory in the industrial suburb of Valenzuela, but firemen and investigators had yet to establish the death toll, Rex Gatchalian, the mayor of the district told AFP."I'm hoping against hope that they're still alive," he added.He had ...
MH370 search finds uncharted shipwreck SYDNEY: The hunt for missing Malaysia Airlines Flight MH370 has uncovered a previously uncharted shipwreck, leading officials to say Wednesday that if the plane is in their search zone they will find it.The Australian-led team is scouring the southern Indian Ocean seabed in hope of finding the final resting place of MH370, which vanished on March 8, 2014 en route from Kuala Lumpur to Beijing. No wreckage from the flight, which was carrying 239 people, ...

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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 $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln