Banking and Finance
Banking on idle resources
This refers to the thought-provoking article The role of economists in the banking industry by A. Vasudevan (Business Line, November 25). The economic development of a country depends more on real factors such as industrial development, modernisation of agriculture, organisation of internal trade and expansion of foreign trade, especially exports, and less on the monetary factors contributed by banking.

Foreign Trade
Iraq trade fair
Many foreign delegates arrived in Iraq to participate in the Baghdad International Trade Fair, held in Baghdad from November 8, in defiance of the United Nation's sanctions, a sign that Iraq's world-wide isolation is fast easing.

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