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Good luck 'Mike' - Abbott gets Australia captain wrong MELBOURNE: A good luck message from the Australian prime minister to the national soccer team at the World Cup was somewhat undermined when Tony Abbott got the Socceroos' captain's name wrong.Wearing a team scarf draped over his suit, Abbott greeted skipper Mile Jedinak as "Mike" in a video posted online before the Ange Postecoglou-coached Socceroos' Group B opener against Chile on Friday."Ange, Mike and the Socceroos, in this World Cup you have the opportunity to make the world game our national game," Abbott said. "Throughout this cup we'll burn the midnight oil as you take the field in our name."The video was hastily taken down but not quick enough for it to appear on major news and social media websites.Australia lost the Chile match 3-1 in Cuiaba.Copyright Reuters, 2014 ...

Rouhani says ready to aid Iraq, nuke deal by July 20 possible ANKARA: Iran stands ready to provide help to Iraq's government in its fight against insurgents within the framework of international law, President Hassan Rouhani said on Saturday, adding that so far Baghdad had not requested assistance.Rouhani added in a press conference broadcast live on state television that Iran believed it was possible to conclude a comprehensive agreement ending its nuclear dispute with major powers by a July 20 deadline.Remaining differences could be settled through goodwill ...
Chinese police arrest prominent rights lawyer BEIJING: Police in China on Friday arrested one of the country's most celebrated human rights lawyers, as leaders of the ruling Communist Party renew their push to punish government critics.Pu Zhiqiang, a prominent rights campaigner who has represented dissident artist Ai Weiwei, was arrested on suspicion of "creating disturbances and illegally obtaining personal information", according to a posting by the Beijing Public Security Bureau on its verified microblog.The police added that a further investigation into ...
South Korea's Park replaces finance minister in cabinet reshuffle SEOUL: South Korean President Park Geun-hye replaced the finance minister with a three-term member of parliament and close policy confidant in a cabinet reshuffle on Friday in the aftermath of a ferry disaster that killed more than 300 people.Choi Kyung-hwan, 59, has previously served as industry and energy minister and ruling party parliamentary floor leader and is seen as having extensive experience in both national politics and bureaucracy.Copyright Reuters, 2014 ...
Japan rescuers called to 'plane crash' find flower bed TOKYO: Firefighters called to a report that a plane had smashed into a cliff in northern Japan found the wreckage to be nothing more than a clump of flowers in full bloom.Police in Akita raised the alarm after a call from a member of the public saying that a Cessna -- a light aircraft -- appeared to have crashed."We sent six fire trucks as well as three medical rescue vehicles," a spokesman for Akita City ...
Australian trade at risk over East Jerusalem decision SYDNEY: Australia could face trade sanctions by Arab nations over its decision to stop using the term "occupied" when referring to East Jerusalem, the head of the Palestinian delegation to Canberra warned Friday.Izzat Abdulhadi said Australia's new stance on East Jerusalem, which was annexed by Israel in a move never recognised by the international community, was a "substantial policy shift"."We think that it's very provocative and unuseful, and it's not appropriate," Abdulhadi told AFP.His comments ...
South Korean president revamps cabinet after ferry tragedy SEOUL: South Korean President Park Geun-Hye revamped her cabinet Friday, replacing seven ministers in response to intense criticism over her administration's handling of April's ferry disaster.It was Park's first major cabinet shake-up since taking office in February last year as South Korea's first female president.The most high-profile change will see Choi Kyoung-Hwan, a ruling party lawmaker, replacing Hyun Oh-Seok as finance minister in charge of the economy, the presidential Blue House said.Park also named six ...

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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