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Eurozone Unemployment Hits New High Record

With a total of 17.56m people now out of work, unemployment in the Eurozone hit 11.1% in May. Eurozone marks its highest level since 1995, according to EU statistics body Eurostat. Unemployment in the market has been rising for the

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Afghanistan’s Dairy Production Declining

Despite its history of livestock, Afghanistan’s dairy production is reducing day by day. Lack of necessary possibilities and attention from the agriculture sector authorities are the main reasons for the cutback in dairy production, according to the dairy producers and

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Afghanistan’s economy to grow by 5% till 2025: World Bank

The World Bank has predicted that Afghanistan’s economy from today will grow by 5% till 2025. “If the agriculture and natural resource sectors of the economy are well managed, the country will see a growth of 6.7% annually,” a representative

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Japan’s manufacturers’ sentiment index improved

Japanese manufacturers are more optimistic about business conditions, as indicated in the Tankan (short-term Economic Survey of Enterprises) survey results by the Bank of Japan. The sentiment index improved to -1 between April to June, from -4 in the previous

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China's Manufacturing Growth Weakens

China’s manufacturing activity grew at its slowest pace in seven months in June, adding to fears about a slowdown in its economy. China’s official purchasing managers index (PMI) fell to 50.2 from 50.4 in May, data released on Sunday showed.

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China’s Manufacturing Growth Weakens

China’s manufacturing activity grew at its slowest pace in seven months in June, adding to fears about a slowdown in its economy. China’s official purchasing managers index (PMI) fell to 50.2 from 50.4 in May, data released on Sunday showed.

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Barclays bank chairman Marcus Agius to resign

Amid Libor lending rate scandal by Barclays’ employees, Barclays bank chairman Marcus Agius decided on Saturday night to resign. He will admit to an “unacceptable standard of behavior” at Barclays when he makes his resignation announcements on Monday. Barclays was

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Petroleum Products Testing Labs in Afghanistan

A United Arab Emirates firm called Geo Chem Middle East signed a contract with the Afghan National Standards Authority (ANSA) on the establishment of petroleum products testing laboratories. As per the contract, the UAE firm would invest USD 10 million

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Armed Groups Disrupting Aynak Copper Work

Minister Wahidullah Shahrani informed a National Security Council meeting at the Presidential Palace on Sunday about the security issue at the Aynak Copper mine in central Logar province. At the meeting, chaired by President Karzai, Minister Shahrani informed  about a

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