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Defaulter’s Lawyer Wants Kabul Bank Borrowers to be treated equally

The defense lawyer for Sher Khan Farnood- the Chairman of Kabul Bank until late 2010- suggested that the Kabul Bank issue should be dealt with according to the banking laws and all the borrowers should be treated equally. Sher Khan

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Corruption and Embezzlement- Afghanistan and International Community’s Major Concern

Afghan government has requested the international donors to provide them the list of prominent officials with whom they have signed highly profitable contracts. This request comes amid serious efforts that the Afghan government must make to curb corruption—the international community’s

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Afghanistan’s Mineral Law Rejected by the Cabinet after a Lengthy Discussion

Afghanistan’s Cabinet did not approve the Mineral Law draft. President Karzai has said that the document requires further discussion and “the national interest of both present and future of Afghanistan must be protected in this document by all means.” According

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China’s Manufacturing Sector Picking Up Pace

According to an HSBC survey, China’s Purchasing Manager’s Index (PMI) rose to 49.5 in July, a five-month high and up from 48.2 in June. PMI is an indicator of growth in the manufacturing sector of an economy. A reading above

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Eurozone risks spillover to China

The International Monetary Fund says that the Eurozone crisis is a key external risk to China’s growth. China‘s economy is expanding at an annualized rate of 7.6% in the three months to the end of June. China’s economy is expected

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