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World Bank Commits to Sustained Engagement in Afghanistan

WASHINGTON, DC, April 26, 2012 — The World Bank’s Board of Directors today discussed its Interim Strategy Note (ISN) for the Islamic Republic of Afghanistan which provides a sustained commitment and vision to the country’s development through the period of transition

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Growth in the US economy falls back in first quarter

US economic growth slowed to an annualised pace of 2.2% in the first quarter of the year, from 3% in the final three months of last year. The figure was below economists’ estimates of 2.5% and is equivalent to quarter-on-quarter growth

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Indian actress Zohra Sehgal turns 100

Tributes have been paid to celebrated Indian actress Zohra Sehgal who is marking her 100th birthday. In a career spanning more than seven decades, Sehgal has entertained millions of people through her performances in films and on stage. She began

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Honda profit recovers from floods

Japan’s Honda Motor has reported a 61% jump in first quarter profits, as car and motorcycle sales recovered from a year of disasters. Net income for the January to March period was 71.5bn yen ($883m; £547m) up from 44.5bn yen

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Spain unemployment hits record high

Government announces jobless rate of 24.4 per cent in first quarter, as country’s debt rating is cut by two notches. New figures show that Spanish unemployment has hit record levels, with nearly one quarter of the labour force unable to find

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