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Officials Consider Cull as Chinese Car Industry Reaching Crisis Point

The automobile industry was once hailed as one of China’s greatest success stories. In less than a decade, China became one of the world’s largest producers of cars. However, this rapid growth has now halted and some of China’s leading

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Fuel prices increased during the outgoing week in Kabul

Fuel prices were up during the outgoing week in Kabul, while the rates of food and other basic commodities remained stable. A liter of petrol was sold for 57 AFN compared to last week’s price of 56 AFN. The price

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Barclays faces yet another investigation

Adding to the stormy times of Barclays, UK’s Serious Fraud Office has started an investigation into their deal with the Qatar Holding LLC, part of sovereign wealth fund Qatar Investment Authority. Barclays has not revealed which payments between it and

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Barclays appoints new CEO

Barclays has appointed Antony Jenkins to be its new chief executive, following the resignation of Bob Diamond in the wake of the Libor interest rate-fixing scandal. Mr Jenkins is currently in charge of Barclays Retail and Business Banking and has

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Samsung unveils its new devices after losing to Apple in the courtroom

Samsung unveiled its new Android and Windows-powered touchscreen devices, including a Windows RT tablet; a Windows Phone 8 smartphone; and an Android-powered camera at the IFA trade show in Berlin. The touchscreen tablet uses an ARM-based chip and the RT

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Agriculture Center Launched in Central Parwan Province

An agriculture research and training center, funded by Korean Provincial Reconstruction Team, was launched in central Parwan province on Tuesday. The project, estimated to cost 153.9 million AFN, would take 11 months to complete. Agriculture and Livestock Minister Mohammad Asif

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U.S. economy grew more than expected in second quarter

The U.S. economy grew more than previously estimated in the second quarter, according to a report released on Wednesday by the Federal Reserve. Growth domestic product grew by 1.7% from April to June, more than the government’s previous estimate of

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World Bank warns of soaring prices hitting poor

World food prices jumped 10% in July, raising fears of soaring prices for the planet’s poorest. The World Bank urged the government to undertake measures for protecting their most vulnerable populations. Drought parching crop lands in the US and Eastern

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Stupa of Takht-e Rostam

Atlas Obscura : http://atlasobscura.com/place/stupa-takhte-rostam There are places in the world so strongly devoted to a particular religion that it is incredibly hard to believe that they have been shaped by any other faith. Afghanistan is one of those places, a

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Protesters in Hong Kong Refuse to Leave Despite Court Order

Although the Occupy Wall Street movement caused for a major discussion of legal tax structures and inspired various places around the globe last fall, most protesters have disappeared because of increased force by police to calm things down. Despite this, a small

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Date set for hearing over Samsung phone ban

Apple’s legal motion did not stop after the recent verdict required Samsung to pay Apple more than USD 1bn for infringing several of the iPhone maker’s patents. Apple has approached the courtoom again and asked for a ban over eight

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Herat's Iron Processing Factory Inaugurated

Herat’s  iron processing and melting factory was inaugurated on Tuesday. The factory is an USD 8 million private sector project, marking the industrial revolution in Afghanistan. Commerce and Industries Minister Anawarul Haq Ahadi said the government would fully support this

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Herat’s Iron Processing Factory Inaugurated

Herat’s  iron processing and melting factory was inaugurated on Tuesday. The factory is an USD 8 million private sector project, marking the industrial revolution in Afghanistan. Commerce and Industries Minister Anawarul Haq Ahadi said the government would fully support this

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Several Public Service Contracts signed in Herat

Deputy Minister of Rural Development and Rehabilitation signed the contracts of several public service projects in Herat on Monday, according to the officials from the Ministry of Rural Development and Rehabilitation. The projects would be implemented through development councils in

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Jawzjan Bakery and Confectionery Businesses Have Switched to Gas System

Despite the poor facilities at Jawzjan’s Department of Health, the Department has managed to replace combustible materials like coal and wood used in restaurants and bakery and confectionery shops with liquid gas. “Two reasons why we arrived to the decision

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Monuments in Herat are at Risk

Officials of Herat Directorate for the preservation of historic sites have expressed their concerns about the digging and excavations  done arbitrarily by historical sites mafia. They said that a number of residents in Herat’s districts, who face economic challenges and

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Apple Asks the Court to ban Sale of Eight Samsung Phone

Apple has sought the US District Court in San Jose, California, to ban eight Samsung mobile phones in the US. The phones include Galaxy S 4G, Galaxy S2 AT&T model, Galaxy S2 Skyrocket, Galaxy S2 T-Mobile model, Galaxy S2 Epic

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Afghanistan's Ring Road through Badghis Province

Postponed due to security concerns, the construction of a ring road through western Badghis province has restarted after five-years. According to Badghis’ Deputy Governor Abdul Ghani Sabiri, Afghan and Pakistani insurgents were preventing the construction of this project. The project

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Afghanistan’s Ring Road through Badghis Province

Postponed due to security concerns, the construction of a ring road through western Badghis province has restarted after five-years. According to Badghis’ Deputy Governor Abdul Ghani Sabiri, Afghan and Pakistani insurgents were preventing the construction of this project. The project

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Samsung’s biggest percentage drop in shares post the verdict

Samsung’s shares dropped by 7.7%, the biggest daily percentage drop in nearly four years, on Monday. The drop wiped USD 12 billion off the South Korean giant’s market value. The tumbling shares came after a California jury decided in favor

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Afghanistan, India and Iran trilateral meeting to boost trade

Deputy foreign ministers of Iran, Afghanistan and India were involved in a trilateral meet on Sunday to confer trade and investment opportunities of Chabahar Port. The Port of Chabahar is a seaport in Chah Bahar in southeastern Iran. Its location

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Singletons: The attraction of solitude

THE Prada-toting protagonists of “Sex and the City”, a once-popular American television show about single thirty-somethings in New York, are unlikely role models for Middle Eastern women. The second movie spin-off was partially set in Abu Dhabi, but the authorities

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France Putting Pressure on Greece

French President Francois Hollande is pushing Greece to meet the demands by international creditors in order to receive the second tranche (worth 33.5bn Euros)  of its bailout. Greek leader Antanois is seeking for more time to introduce reforms needed to

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Venezuela’s main refinery tore through by an explosion

A huge explosion, caused by gas leak, at Venezuela’s biggest refinery, Amuay, resulted in killing 30 people, wounding dozens more and halting operations at the facility. The refinery, one of the biggest in the world, produces 645,000 barrels a day.

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Currency Crisis in Iran as Sanctions Start to Bite

Iran is suffering from currency crisis, as the West is pushing its sanctions harder on Iran to halt the country’s nuclear program. The adversity of this crisis is apparent in Afghanistan as well. Afghan moneychangers say that Iranian currency, Rial,

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