4voebz %fdfncfs trump wants more oil refineries built in us

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BUSINESS 10 Sunday, December 11, 2016 COUNTRY/CURRENCIES SELL BUY Rates are for indication purpose only. For firm rates or for currencies not listed above please call Bahrain Financing Company. Telephone: 17228888, Website: www.bfc.com.bh COUNTRY 1 US DLR 1 UK STG 1 SFR 100 YEN BAHRAIN 0.3770 0.4782 0.3750 0.3333 KUWAIT 0.2855 32.2929 0.2840 0.2524 OMAN 0.3849 0.3869 0.3829 0.3403 QATAR 3.6420 3.6613 3.6228 3.2199 UAE 3.6730 3.6925 3.6536 3.2473 SAUDI 3.7500 3.7699 3.7302 3.3154 AUSTRALIA 0.2886 0.2862 BANGLADESH 0.00487 0.00479 CANADA 0.2927 0.2895 DENMARK 0.0569 EGYPT 0.0361 0.0434 EURO 0.4068 0.4047 HONGKONG 0.04983 0.04943 INDIA 0.00630 0.00572 INDONESIA 0.00003016 0.00002895 IRAN TUMAN 0.00010959 IRAQI DINAR 0.000294 JAPAN 0.003460 0.003390 JORDAN 0.5365 0.5351 KOREA 0.0003741 KUWAIT 1.2580 1.249 MALAYSIA 0.087500 0.0873 NEW ZEALAND 0.2741 0.2727 NORWAY 0.0468 NEPAL 0.00372 0.00350 OMAN 0.97962 0.98262 PAKISTAN 0.00363 0.00360 PHILIPPINES 0.00788 0.00759 QATAR 0.10381 0.10376 SAUDI ARABIA 0.10061 0.27350 SINGAPORE 0.2692 0.2672 SOUTH AFRICA 0.02930 0.02920 SRI LANKA 0.00273 0.00255 SWEDISH 0.0444 SWITZERLAND 0.3787 0.3762 SYRIA 0.001740 0.0017 TAIWAN 0.012300 THAILAND 0.010800 0.010790 TURKEY 0.1177 UNITED KINGDOM 0.4834 0.4804 UNITED ARAB EMIRATES 0.102800 0.102810 UNITED STATES OF AMERICA 0.37800 0.37805 YUAN 0.058500 0.0585 © GRAPHIC NEWS Sources: Suzuki, Euro NCAP, Neil Winton *Automated manual transmission The all-new Suzuki Ignis is the marque’s answer to the crossover SUV boom. The entry-level SZ3 model is available in 11 colours and equipped with six airbags, air conditioning, and Bluetooth connectivity New small car platform: Shares components with Suzuki Baleno and forthcoming Swift supermini Touch screen: Sat nav, smartphone apps – Android Auto or Apple CarPlay Minimalist dashboard: Instrument binnacle features large speedometer Dual Camera Brake Support: Warns driver and applies brakes if it senses collision – also includes lane-departure warning and weaving alert. Safety body Euro NCAP gave DCBS top five stars Transmission: Five-speed manual or AMT* Dualjet engine: 1.2-litre four-cylinder. Top spec SZ5 model adds 48-volt SHVS “mild hybrid” system. Power: 90PS, torque: 120Nm, CO 2 : 96-106g/km, 0-100km/h: 11.7 secs Lightweight car: Use of high-tensile steel with fewer welds and joins brings kerb weight down to just 820kg Wheelbase: 2,435mm Cargo capacity: 227 litres, 514 litres with seats folded down Washington C ars produced by US electric automaker Tesla and Britain’s McLaren now are included in the sprawling safety recall for defective Takata airbags, the US Transportation Department said Friday. The two auto brands appeared on a new list issued by the department’s National Highway Traffic Safety Administration, bringing the total of brands subject to the recall to 19, including major automakers Toyota, Volkswagen, Chevrolet, Ford, Honda and Nissan. The defective airbag parts have been responsible for 11 deaths and about 180 injuries in the United States. As of December 2, the Transportation Department said, 12.5 million of the passenger and driver-side airbags had been fixed and NHTSA has issued an amended order to continue an accelerated recall. “The amended order will speed up the availability of replacement airbags, and continues to prioritize the highest risk vehicles to protect the traveling public,” Transportation Secretary Anthony Foxx said in a statement. The airbag recall is the most complex and largest defective product recall ever conducted in the United States, according to NHTSA. Tesla, McLaren now included in Takata recall Baton Rouge P resident-elect Donald Trump said Friday he wants to see more oil refineries built in the United States, and pledged to do away with “job-killing restrictions” suppressing the energy sector. He also delivered a veiled warning to America’s rivals around the world, stating he would be prepared to boost US military production to keep pace with countries like China, which is rapidly modernizing its armed forces. Trump was speaking in the Gulf Coast state of Louisiana, one of the nation’s main oil and gas hubs, as he continued a drawn out “thank you” tour following his shock victory last month over Democrat Hillary Clinton. The billionaire real estate magnate said that once he takes office in January his administration will “eliminate every single wasteful regulation that undermines the ability of our workers and our companies to compete.” “We will cancel the job- killing restrictions on the production of American energy including shale, oil, natural gas and clean coal,” he said to a loud cheer from supporters. “We haven’t had refineries built in decades, right? We’re going to have refineries built, OK, folks?” he assured the crowd, noting the importance of the energy industry in Louisiana. The US refining system is already the largest in the world, with some 139 refineries in operation, according to Davis Refinery. Most petroleum refining operations are along the US Gulf Coast. Trump has often spoken of China as an economic and trade rival, but on Friday he suggested the United States would need to “build the strongest military that we’ve ever had” in order to maintain its edge. “I believe in peace through strength,” he said, taking a page out of the playbook of former president Ronald Reagan, who is credited with helping end the Cold War. “If you look at what’s going on in China, if you look at what’s going on in so many other countries, they’re not easing up,” Trump said. “And if they’re not easing up, we’re not easing up, OK?” The president-elect recently irritated Beijing by accusing China of “build(ing) a massive military complex in the middle of the South China Sea.” Baton Rouge was the fourth campaign-style stop for Trump since his November 8 election win. He attended a rally for Republican US Senate candidate John Kennedy, who is in a run-off election in Louisiana Saturday. (AFP) Trump wants more oil refineries built in US

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Page 1: 4VOEBZ %FDFNCFS Trump wants more oil refineries built in US

BUSINESS10 Sunday, December 11, 2016

COUNTRY/CURRENCIES SELLBUY

Rates are for indication purpose only. For firm rates or for currencies not listed above please call Bahrain Financing Company. Telephone: 17228888, Website: www.bfc.com.bh

COUNTRY 1 US DLR 1 UK STG 1 SFR 100 YEN

BAHRAIN 0.3770 0.4782 0.3750 0.3333

KUWAIT 0.2855 32.2929 0.2840 0.2524

OMAN 0.3849 0.3869 0.3829 0.3403

QATAR 3.6420 3.6613 3.6228 3.2199

UAE 3.6730 3.6925 3.6536 3.2473

SAUDI 3.7500 3.7699 3.7302 3.3154

AUSTRALIA 0.2886 0.2862BANGLADESH 0.00487 0.00479CANADA 0.2927 0.2895DENMARK 0.0569 EGYPT 0.0361 0.0434EURO 0.4068 0.4047HONGKONG 0.04983 0.04943INDIA 0.00630 0.00572INDONESIA 0.00003016 0.00002895IRAN TUMAN 0.00010959 IRAQI DINAR 0.000294 JAPAN 0.003460 0.003390JORDAN 0.5365 0.5351KOREA 0.0003741 KUWAIT 1.2580 1.249MALAYSIA 0.087500 0.0873NEW ZEALAND 0.2741 0.2727NORWAY 0.0468 NEPAL 0.00372 0.00350OMAN 0.97962 0.98262PAKISTAN 0.00363 0.00360PHILIPPINES 0.00788 0.00759QATAR 0.10381 0.10376SAUDI ARABIA 0.10061 0.27350SINGAPORE 0.2692 0.2672SOUTH AFRICA 0.02930 0.02920SRI LANKA 0.00273 0.00255SWEDISH 0.0444 SWITZERLAND 0.3787 0.3762SYRIA 0.001740 0.0017TAIWAN 0.012300 THAILAND 0.010800 0.010790TURKEY 0.1177 UNITED KINGDOM 0.4834 0.4804UNITED ARAB EMIRATES 0.102800 0.102810UNITED STATES OF AMERICA 0.37800 0.37805YUAN 0.058500 0.0585

© GRAPHIC NEWS

Sources:Suzuki,Euro NCAP,Neil Winton

*Automatedmanualtransmission

The all-new Suzuki Ignis is the marque’s answer to the crossover SUVboom. The entry-level SZ3 model is available in 11 colours and equipped

with six airbags, air conditioning, and Bluetooth connectivity

New small car platform: Sharescomponents with Suzuki Balenoand forthcoming Swift superminiTouch screen: Sat nav, smartphone apps – Android Auto or Apple CarPlay

Minimalistdashboard:Instrumentbinnaclefeatures largespeedometer

Dual Camera Brake Support: Warns driver andapplies brakes if it senses collision – also includeslane-departure warning and weaving alert.Safety body Euro NCAP gave DCBS top five starsTransmission: Five-speed manual or AMT*

Dualjet engine: 1.2-litre four-cylinder.Top spec SZ5 model adds 48-volt SHVS“mild hybrid” system. Power: 90PS,

torque: 120Nm,CO2: 96-106g/km,0-100km/h: 11.7 secs

Lightweight car: Use of high-tensilesteel with fewer welds and joins bringskerb weight down to just 820kg

Wheelbase: 2,435mm

Cargo capacity: 227 litres,514 litres with seatsfolded down

Washington

Cars produced by US electric

automaker Tesla and Britain’s McLaren now are included in the sprawling safety recall for defective Takata airbags, the US Transportation Department said Friday.

The two auto brands appeared on a new list issued by the department’s National Highway Traffic Safety Administration, bringing the total of brands subject to the recall to 19, including major automakers Toyota, Volkswagen, Chevrolet, Ford, Honda and Nissan.

The defective airbag parts have been responsible for 11 deaths and about 180 injuries in the United States. 

As of December 2, the Transportation Department said, 12.5 million of the passenger and driver-side airbags had been fixed and NHTSA has issued an amended order to continue an accelerated recall.

“The amended order will speed up the availability of replacement airbags, and continues to prioritize the highest risk vehicles to protect the traveling public,” Transportation Secretary Anthony Foxx said in a statement.

The airbag recall is the most complex and largest defective product recall ever conducted in the United States, according to NHTSA.

Tesla, McLaren now includedin Takata recall

Baton Rouge

President-elect Donald Trump said Friday

he wants to see more oil refineries built in the United States, and pledged to do away with “job-killing restrictions” suppressing the energy sector.

He also delivered a veiled warning to America’s rivals around the world, stating he would be prepared to boost US military production to keep pace with countries like China, which is rapidly modernizing its armed forces. 

Trump was speaking in the Gulf Coast state of Louisiana, one of the nation’s main oil and gas hubs, as he continued a drawn out “thank you” tour following his shock victory

last month over Democrat Hillary Clinton.

The billionaire real estate magnate said that once he takes office in January his administration will “eliminate every single wasteful regulation that undermines the ability of our workers and our companies to compete.”

“We will cancel the job-killing restrictions on the production of American energy including shale, oil, natural gas and clean coal,” he said to a loud cheer from supporters.

“We haven’t had refineries built in decades, right? We’re going to have refineries built, OK, folks?” he assured the crowd, noting the importance

of the energy industry in Louisiana.

The US refining system is already the largest in the world, with some 139 refineries in operation, according to Davis Refinery. Most petroleum refining operations are along the US Gulf Coast.

Trump has often spoken of China as an economic and trade rival, but on Friday he suggested the United States would need to “build the strongest military that we’ve ever had” in order to maintain its edge. 

“I believe in peace through strength,” he said, taking a page out of the playbook of former president Ronald Reagan, who is credited with

helping end the Cold War.“If you look at what’s going

on in China, if you look at what’s going on in so many other countries, they’re not easing up,” Trump said. 

“And if they’re not easing up, we’re not easing up, OK?”

The president-elect recently irritated Beijing by accusing China of “build(ing) a massive military complex in the middle of the South China Sea.”

Baton Rouge was the fourth campaign-style stop for Trump since his November 8 election win. He attended a rally for Republican US Senate candidate John Kennedy, who is in a run-off election in Louisiana Saturday. (AFP)

Trump wants more oil

refineries built in US