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Financial Cooperation Pact Signed Between Kabul and US Embassy

A pact on financial assistance of worth USD 151m was signed between Afghanistan’s Ministry of Foreign Affairs and US embassy today in Kabul. Deputy Foreign Minister for Political Affairs Javed Ludin appreciated America’s continued assistance and said, “America’s lifelong collaboration

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More aid is pledged, but it will not solve Afghanistan’s many problems

AFGHAN officials returned from a conference in Tokyo on July 8th relieved that the world had promised another $16 billion in aid over the next four years. The sum corresponds roughly to what the nation’s leaders and the World Bank

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Investigations on the 7 resignees of AISA will Begin

High Office of Oversight and Anti-Corruption in Afghanistan says that the mass resignation of senior members of AISA office will be investigated. On Thursday, 7 high officials of Afghanistan Investment Support Agency, announced their resignations. Senior members of the resignees

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LG to pay the highest amount to settle US LCD price-fixing Case

LG has agreed to pay USD 380m to settle an LCD panel price-fixing case in the US. Other LCD makers included in the case included Toshiba, Samsung, Sharp and Hitachi. The companies were accused of fixing the prices of LCD

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Hong Kong Billionaires in High-Profile Corruption Case

Thomas and Raymond Kwok, Head of Asia’s most valuable real estate firm Sun Hung Kai Properties, are alleged for bribing in exchange for information on land sales between 2005 and 2007. The brothers appeared before the city’s Independent Commission against

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Pressure on England to explain who know what and when about the Libor Manipulation

Pressure on England to explain who know what and when about the Libor Manipulation Evidence shows that the Bank of England Governor Sir Mervyn King was emailed by US Treasury Secretary Timothy Geithner, warning him of irregularities in the Libor

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