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Boeing Expects a Stronger Airline Traffic

Boeing forecasts USD 4.5 trillion of new planes will be bought over the next 20 years, with airline traffic growing at an annual rate of 5% over the next two decades and cargo traffic growing at a slightly faster 5.2%

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Barclays Website Discloses Phone Conversation Regarding Libor Rate Setting

Barclays reveals a phone conversation between then CEO Bob Diamond and the Deputy governor of the Bank of England. In the conversation, Mr. Tucker is heard telling the bank its setting of the Libor inter-bank rate need not be as

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Pests attack Kabul Orchards

Thousands of fruit trees in different areas of Khak-e-Jabar district of Kabul province has been afflicted with agricultural pests. Residents fear that the disease may spread around and damage more orchards. The residents rely on agriculture and livestock in the

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Micron Technology Buys Japanese Rival Elpida

Micron agrees a USD 2.5 billion deal to buy Japanese chipmaker Elpida, which will consequently make Micron become the world’s second-largest maker of dynamic random access memory (DRAM) chips. Elpida has been beset with difficulties for being unable to repay

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China’s Service Sector Rises Up

China’s non-manufacturing purchasing managers index (PMI) rose to 56.7 from 55.2 in May, indicating its service sector has picked up pace. The PMI also indicates that China’s current economic growth shows signs of stabilizing. The PMI is a key indicator

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US Tops KPMG’s list of innovative buildings

The US leads in building and infra projects innovation in the list-The Infrastructure 100: World Cities Edition. The list featured 14 projects from the US including the redeveloped site of the World Trade Center. The projects were judged on feasibility,

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Barclays Chief Executive Bob Diamond Resigns

Amid Libor scandal, Barclays boss Bob Diamond has stepped down, saying he was leaving because the external pressure on the bank risked “damaging the franchise.” Diamond’s decision was welcomed by Chancellor George Osborne. “This is the first step towards a

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Government's unfair decision about old model cars entering Afghanistan

Although Afghanistan’s Ministry of Finance emphasizes not to process older model cars through the customs, but some Afghan traders warn that if their vehicles entered without the custom process, they will set the cars ablaze. Recently, the Council of Ministers

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Government’s unfair decision about old model cars entering Afghanistan

Although Afghanistan’s Ministry of Finance emphasizes not to process older model cars through the customs, but some Afghan traders warn that if their vehicles entered without the custom process, they will set the cars ablaze. Recently, the Council of Ministers

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800,000 unemployed in Afghanistan

Ministry of Labor and Social Affairs are concerned about the current unemployment in Afghanistan and they are apprehensive that the situation may get worse. Deputy Minister of Labor Zubairudin Kirami at opening ceremony of technical and vocational training seminar in

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