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Watchdog in place for Afghanistan Reconstruction Projects

US Senator, Jeanne Shaheen for New Hampshire and Jim Risch for Idaho, have introduced the Afghan Contractor Accountability Act, requiring federal agencies to notify Congress and publicly justify their failure to comply with recommendations of the Special Inspector General for

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Will Safeguards Survive the Next Generation of Development Finance?

Governments depend on a variety of international institutions to advance development goals, ranging from the multilateral World Bank and United Nations, to the aid agencies and national banks of individual countries. Each year, these international institutions invest in activities that

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US economy adds new jobs more than expected

According to the new figures, US firms hired extra 163,000 workers in July, more than what economists had expected. The number of jobs added is more than forecasted, and the highest monthly total since February. The unemployment, however, went up

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“A Superstar in Need is a Friend indeed”

The Khan of Bollywood, Shahrukh Khan, will be seeing sharing the screen with Hrithik Roshan in the upcoming sequel ‘Krrish 3’. Shahrukh Khan will be playing a cameo as a superhero in the movie. Hrithik had done a powerful cameo

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India lifts ban on Pakistan investments

India has reversed its ban on foreign investment from Pakistan, in a bid to push for a peace settlement between the rivals. The Indian commerce ministry released a statement on Wednesday, stating that “the government of India has reviewed the

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International aid to Afghanistan had no impact on common people’s life

Despite the influx of billions of aid into Afghanistan, common people have not witnessed any significant changes in their lives since the past decade. People are still faced with unemployment and lack of access to basic services for the betterment

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Bank of England Going Easy on its Quantitative Easing Scheme

Bank of England has decided to hold off from taking any further Quantitative Easing (QE) measures and has kept interest rates unchanged, maintaining it at the historic law of 0.5%. Through QE central banks increase the supply of money by

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UK Construction Sector Slump Slightly

According to the recent figures, the construction sector in the UK fell by 6.3% in May, compared with the same month last year. The dawdling growth of the sector is due to the fall in the new public works, which

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Potato Yield to boost this year in Bamyan

Bamyan farmers are expecting a 30,000 tons increase from last year in their potato production. According to the data gathered from cooperatives, on average potato production would reach 170,000 tons, compared to last year’s 140,000. This healthy potato yield is

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