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Taxation, productivity and prosperity

The focus of US economic policy discussion at present is almost entirely on fiscal deficits and the level of taxes. My view is that these are second or even third order issues. What matters far more is the capacity of

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Eurozone set-up unsustainable, says Draghi

European Central Bank (ECB) president Mario Draghi says that eurozone leaders must decide what they want the bloc to look like in the future, because the current set-up is “unsustainable”. He said that the ECB could not “fill the vacuum”

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Gas, sugar prices decline in Kabul

Prices of sugar and liquefied gas went down during the outgoing week in Kabul, where rates of other essential daily-use commodities stayed stable, retailers said on Thursday. Taimani-based gas dealer Abdullah told Pajhwok Afghan News one kilogram was sold for

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Council of Ministers Discussion on Reconstruction

Economic Committee of The Council of Ministers, chaired by second vice president, Mohammad Karim Khalili, discussed extension and protection of highways. The committee decided to prevent vehicles with high tonnage on the highways to prevent damages caused to the highways

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Group weddings in Bamyan

Hundreds of young couples have celebrated their marriage together- a collective ceremony that was held by financial support of Global Welfare Organization in Bamyan province. Yusuf Ali, head of Global Welfare Organization said: “We have identified and registered young people

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GM signs on as Manchester United's auto sponsor

The world’s largest automaker is jilting America’s Super Bowl for the global variety of football. General Motors Co has signed on as the automotive sponsor of the world’s most popular soccer club, Manchester United, in an attempt to cement Chevrolet

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GM signs on as Manchester United’s auto sponsor

The world’s largest automaker is jilting America’s Super Bowl for the global variety of football. General Motors Co has signed on as the automotive sponsor of the world’s most popular soccer club, Manchester United, in an attempt to cement Chevrolet

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Unemployment in France highest in 12 years

Joblessness rises to 2.9 million in first major challenge for new President Francois Hollande. French unemployment rose for the 12th month running in April, with the number of registered jobseekers up by 4,300 at 2.88 million, the labour ministry said. The

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Samsung chairman set to fight back in tussle for shares

The chairman of Samsung Electronics, Lee Kun-hee, will this week defend three lawsuits from family members claiming ownership of $1bn (£642m) worth of the company’s assets. Mr Lee, who is South Korea’s richest man, will go up against his older

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Surplus of power supply in Kandahar

Local officials in southern Kandahar reported that 75% of residents in southern Kandahar residents would be able to have access to electricity, after authorities have managed to create a surplus. One of the factors that has increased power supply was

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