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China’s Internet Users Go Mobile

For the first time, desktop computers are overtaken by mobile phones for internet usage. The report from the China Internet Network Information Center (CINIC) said over 50% of the year’s new internet users were from rural areas. The decrease in

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The European Cigarette Industry Is Getting Slammed By The Euro Crisis

Conventional wisdom would suggest that smoking is a business that’s immune to economic downturns.  Some might argue that smoking might actually rise during periods of economic distress. However, the folks at Philip Morris International (PMI) would argue otherwise.  Earlier this

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Bus Service to be Launched Soon between Kandahar and Quetta

Kandahar Transport Director Najibullah Ahmadi said that his department is making efforts to launch a new bus service between Kandahar City, the capital of southern Kandahar province, and Quetta, the capital of Pakistan’s southwestern Balochistan province. Ninety percent of the

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IMF’s Top Economist Critical of the Fund in his Resignation Letter

Peter Doyle, who served as an economist in the International Monetary Fund for 20 years, expresses his criticism about the organization in his resignation letter. He describes the performance of the Fund as “incompetence” over a ten year period. Mr.

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International Conferences on Afghanistan since the Past Decade

Afghanistan is the only country around the globe to have been seriously considered for discussion by countries worldwide on its various sectors-politics, economy and security. Fifteen global and regional conferences have been held for discussion on Afghanistan and over fifty

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Rare natural resources discovered in 24 regions of Afghanistan

The U.S. Geological Survey (USGS) has completed 70% of survey for the purpose of detecting and obtaining information on Afghanistan’s natural resources. According to an official from USGS, Afghanistan is the only country where survey on minerals is carried out

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Yahoo’s new Boos remuneration package could top USD 70m

Marissa Mayer, who got appointed as the new chief executive for Yahoo on Tuesday this week, will earn a basic salary of USD 1m a year. But, shares and share options, along with other potential rewards, could make the package

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Stolen artifacts returned to Afghanistan’s museum

The British Museum has assisted in returning 843 artifacts to Afghanistan’s national museum that were looted during the Civil War. The items include examples of the Begram Ivories, seen at the British Museum’s Afghanistan 2011 exhibition, and an important sculpture

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6 power projects to be installed in Ghor province

Funded by the rural rehabilitation and development department, the six power projects will be completed in about a year in western Ghor province. The projects are executed in various villages in Lal Sarjangal district, costing 19.4million afs. About 1,000 families

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Large imports stabilize consumer goods’ prices ahead of Ramadan

Prices of consumer products stabilize as Ramadan approached as a result of increase in imports. Price of a 50-kilogramme bag of Brazilian sugar was sold at 2,020 afs, similar quantity of Pakistani rice sold at 3,100 afs, and same quantity

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3 Interview Questions That Reveal Everything

Employee fit is crucial. Here’s a simple way to know if a job candidate is right for your business. Interviewing job candidates is tough, especially because some candidates are a lot better at interviewing than they are at working. To

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Pace Design-Afghanistan's First Designing Company

Pace Design is Afghanistan’s first interior design company established in 2010 and registered with Afghanistan Investment Support Agency (AISA). Pace Design, a dedicated team of local and International interior designers, is a part of the Afghan-led Pace Group of Companies

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Pace Design-Afghanistan’s First Designing Company

Pace Design is Afghanistan’s first interior design company established in 2010 and registered with Afghanistan Investment Support Agency (AISA). Pace Design, a dedicated team of local and International interior designers, is a part of the Afghan-led Pace Group of Companies

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China pledges USD 20bn in credit for Africa

China pledged USD 20bn in credit for Africa at a summit in Beijing with leaders from 50 African nations. Africa and China have been trading partners since 2009, when China pledged half of this year’s amount to Africa. As developing

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South Korea Banks to be investigated for Rate-Rigging

The Fair Trade Commission is looking at South Korean banks, Kookmin, Shinhan, Woori, and Hana for rigging rates of certificates of deposit (CD). Certificates of Deposit (CD) is used as a benchmark to set lending rates. A CD is a

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Zabul Residents Protest in Kabul

Some residents of Zabul province in protest against the existence of corruption, land confiscation and the slow process of reconstruction in Zabul protested in Kabul before the National Assembly on Wednesday. The protestors criticized the lack of attention from the

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Capital One Fined for Deceptive Marketing Tactics

A US regulator has fined the credit card provider Capital One for misleading millions of customers into buying unnecessary products. Consumers were deceived to pay for extras such as payment protection and credit monitoring when they took out a card.

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Windows 8 to be launched on October 26

Microsoft confirmed at its annual sales meeting that Windows 8 will be launched on October 26. Microsoft is all set to challenge Apple’s bestselling iPad with its upcoming touchscreen computers powered by Windows 8 system. The device can run standard

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Rajesh Khanna, Bollywood’s first superstar, Passes Away

Superstar Rajesh Khanna passed away on Wednesday afternoon at his residence Aashirwad in Mumbai at the age of 69. He had been battling prolonged illness and finally had to bow down to it. The actor’s condition had been deteriorating since

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Kabul Road Works are Partners’ Pride

Emergency road repairs continue apace in Kabul, months after its harshest winter in 20 years but their ongoing significance goes much beyond a smoother ride for residents of the Afghan capital. The road works are a shining example of the

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Kabul Residents can pay their electricity bills via mobile phone

Da Afghanistan Breshna Sherkat (DABS) and the Etisalat telecommunication company signed an agreement based on which Kabul resident can receive and pay their electricity bills via mobile phone. DABS officials say that this system is entirely transparent and prevents any

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Nangarhar Car Dealers halt hunger strike

Nangarhar car dealers called of their hunger strike on Tuesday. The car dealers first went on strike on June 3 against decision of the Cabinet on disassembling and selling parts of vehicles awaiting legal documents. The car dealers’ union decided

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Yahoo profits edge slumped

The technology firm saw a decline in its second quarter profit, dipping by 4%. Revenues were way below analysts’ forecast flat at USD 1.08 bn. Yahoo has been battling hard against Google, which beats it in areas of display and

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“Libor system structurally flawed”—Ben Bernanke

Ben Bernanke, Chairman of the US central bank, said he did not have full confidence in the Libor system, as it is “structurally flawed”. The US was informed of some wrongdoings happening in the bank in 2008 and recommendations were

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China Monopolizing Yuan-Denominated Payment Cards

The World Trade Organization (WTO) has ruled that China has broken one of WTO rules by discriminating against foreign card companies and maintaining a monopoly on yuan-denominated payment cards. China UnionPay is allowed to process domestic currency transactions, limiting foreign

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