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“You’ve got to understand, the resource boom is over”- Australia’s Resources Minister

Martin Ferguson, Australia’s resources minister, has said that the country’s resource boom is over amid slowing global demand and falling commodity prices that have hurt Australian miners. His comment followed after BHP Billiton reported that it has shelved a planned

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Afghanistan’s population increasing rapidly

Afghanistan’s Center of Statistics Office (CSO) warns the country about the upcoming economic issues arising from rapid increase in the population rate. According to Ismatullah Ramzi, advisor to the CSO, Afghanistan’s population swells up by 500,000 annually. The government is

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Lack of drinking water a major issue in Parwan Province

Majority of residents in Parwan province are all set to hold a demonstration against the government for its failure to resolve the issue of lack of drinking water in the province. The residents have complained that the government collected about

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Afghanistan's water resrouces reason for new conflicts?

Experts from across the globe, keeping into consideration the current changes in the environment of the Earth and excessive exploitation of water resources in agriculture, believe that the status of drinking water and agricultural land is faced with difficulties. Consumption

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Afghanistan’s water resrouces reason for new conflicts?

Experts from across the globe, keeping into consideration the current changes in the environment of the Earth and excessive exploitation of water resources in agriculture, believe that the status of drinking water and agricultural land is faced with difficulties. Consumption

Read More

US extension of payroll tax cut & unemployment benefits risk new recession

The Congressional Budget Office (CBO) in its report on the economic forecast has said that the US would see growth drop by 2.9% in the first half of next year, with unemployment rate stuck at above 8%. Fiscal tightening, including

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US extension of payroll tax cut & unemployment benefits risk new recession

The Congressional Budget Office (CBO) in its report on the economic forecast has said that the US would see growth drop by 2.9% in the first half of next year, with unemployment rate stuck at above 8%. Fiscal tightening, including

Read More

Germany and France to Discuss Extension Allowance to Greece

German Chancellor Angela Merkel and French President Francois Hollande are set to have talks on allowing more time to Greece to make the cuts required by its debt bailout. Greece, being on its fifth recession at the moment, is in

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