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Germany warns it could veto Greek aid

According to a senior lawmaker, if Athens fails to comply with the terms of previous rescue packages, Germany will block any new aid to Greece. Michael Fuchs, the deputy head of Chancellor Angela Merkel’s conservative party, has said that Berlin

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Europe still a risk to Australian economy

According to the Reserve Bank of Australia, the growth forecast for 2012 is better than expected, however problems in the eurozone pose a threat.  In its statement of Monetary Policy released on Friday, the RBA said strong data readings in

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Qatar pledges $2bn for Egypt's central bank

Qatar has pledged to deposit $2bn at the Egyptian Central Bank, after a meeting in Cairo on Saturday between President Mohamed Morsi and Qatar’s emir, Sheikh Hamad bin Khalifa Al Thani.  Egypt’s foreign reserves have declined dramatically since the popular

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Qatar pledges $2bn for Egypt’s central bank

Qatar has pledged to deposit $2bn at the Egyptian Central Bank, after a meeting in Cairo on Saturday between President Mohamed Morsi and Qatar’s emir, Sheikh Hamad bin Khalifa Al Thani.  Egypt’s foreign reserves have declined dramatically since the popular

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New power source for Khanabad District of Kunduz

An Indian company implemented a project involving the installation of over 2,000 power pylons and 11 transformers in the Khanabad district of northern Kunduz province. About 30,000 families would benefit from this project. The project costs more than USD 3.5m

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Delay in reconstruction of historic sites in Ghazni

Local authorities find the completion of reconstruction of Ghazni’s historic monuments impossible. The province’s head of Information and Culture links the incompletion of the project to the delay in the beginning of the work. While Minister of Information and Culture

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Finance Minister's tearful plea for support

Diplomats filing into the conference room at Afghanistan’s finance ministry on Wednesday were expecting an update on accountability targets from the finance minister, instead, they were faced with Mr Zakhilwal’s personal plea for support in the corruption claims against him.

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Finance Minister’s tearful plea for support

Diplomats filing into the conference room at Afghanistan’s finance ministry on Wednesday were expecting an update on accountability targets from the finance minister, instead, they were faced with Mr Zakhilwal’s personal plea for support in the corruption claims against him.

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