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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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Eurozone crisis: ECB's Draghi disappoints markets

European markets have fallen following comments from European Central Bank president, Mario Draghi, stating that the bank would come up with more measures to support the euro “over the coming weeks”. Madrid stocks slumped more than five per cent as

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Eurozone crisis: ECB’s Draghi disappoints markets

European markets have fallen following comments from European Central Bank president, Mario Draghi, stating that the bank would come up with more measures to support the euro “over the coming weeks”. Madrid stocks slumped more than five per cent as

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Sharp cuts 5000 jobs

Japan’s Sharp Corporation reported a net loss of 138.4bn yen for the April to June period, prompting a cut of 5000 jobs, in an attempt to cut costs.  Sharp said that falling prices and a “greater than expected” slowdown in

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Afghanistan Election to cost USD 80 million

The Head of Afghanistan’s Independent Election Commission (IED), Fazel Ahmad Manawi, said on Wednesday that in order to have a free presidential election devoid of any fraud a budget of USD 80M is required. The discussion on  budget is in

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Truck Drivers Fleeced in Torkham

Truck drivers have complained to the Afghan government about the border police and other government officials in Torkham dry port in the eastern province of Nangarhar for swindling them off their money. The drivers are forced to pay each time

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5 Reasons Why You Never Hear Back After Applying For A Job

  People often wonder why they never hear anything back after they hit ‘send’ on the email with a resume attached or on the on-line job application. If you’re very lucky, you might have a preliminary email exchange with a

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New Bridge Built in Faryab Province

Funded by the Provincial Reconstructin Team (PRT), a new bridge was inaugurated in the Daulatabad district of northern Faryab on Thursday. The bridge, built on  a river in Shashpur area, cost USD 500,000 and took 6 months to complete. It

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Asian markets feel the pinch as Europe sinks

Surveys of thousands of factories across the world were realeased on Wednesday, showing activity in the 17-nation Eurozone has declined for the eleventh straight month in July.  Purchasing Managers Indexes (PMIs) indicate that not only did the decline in manufacturing

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Afghan government making effort to bring transparency in mining industries

Afghanistan Extractive Industries Transparency Initiative (AEITI) released its first report on the reconciliation of payments by mining industries to government and revenues received by government. The report was based on the payments by major mining companies in Afghanistan including AIC,

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Power restored in India after a two-day blackout

India’s power supply has been fully restored after a two-day black out that affected more than 600 million people in 20 out of 28 states. The black caused a big chaos, as many people had panicked that the power shortage

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World Bank to step in to lift Burma out of poverty

The World Bank announced that it is considering preparing up to USD 85m aid to Burma for the first time in 25 years. The aid would help in boosting reforms needed to eradicate poverty in the nation. In the line

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Melon and Watermelon Productions Doubled in Balkh

Last winter’s heavy snowfall has resulted in doubling Balkh farmers’ output from their melon and watermelon fields. The farmers enjoyed much better water resources, generated from increased snowfall this last winter, for their fields. The cold winter also helped eradicate

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Afghan Doctors Using Code Language in their Prescriptions

Lately, a number of patients in Kabul have complained about the different ways that Afghan doctors try to swindle them out of their money. The patients say that the doctors use “code language” in the prescriptions by using “code language”,

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Eurozone Crisis: Unemployment rate at record high

Eurostat reported on Tuesday that the Eurozone unemployment is at a record high of 11.2%, leaving 17.8 million people out of work. This makes it the highest since the euro was formed in 1999. The increase, being the 14th in

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Apple-Samsung patent battle heads to trial

In a case prompted by Apple in April last year, the two companies accounting for more than half of all the world’s smartphone sales, Apple and Samsung, go head to head in a trial by jury on Monday in San Jose,

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Pakistan, US signed agreement on NATO Supplies Transit to Afghanistan

US Deputy Ambassador Richard Hoagland and Additional Secretary Defense Rear Admiral Farrukh Ahmed signed the agreement on transit of cargo for NATO-led troops based in Afghanistan on Tuesday in Rawalpindi. The prior arrangement between the two governments was reportedly based

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