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Afghanistan to implement $120m electronic identities project

Afghanistan is due to implement distribution of electronic identity cards within the next one month, Afghan interior ministry officials said. Deputy interior ministry spokesman Najeeb Danish said the initiative will be launched shortly in a bid to eliminate concerns of

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Europe Headed For A Deepening Economic Recession

Business activity in the eurozone has fallen to its lowest since June 2009, a closely watched survey has found. Financial data company Markit said on Thursday its Purchasing Managers’ (PMI) Composite Output Index  for the 17 country eurozone fell to

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Discovery of a new source of raw cement in Afghanistan

A new source of raw materials for cement has been discovered in northern Parwan province. The new discovery is sufficient for the establishment of another standard cement factory in Afghanistan in addition to the one in the Jabal Saraj district

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Former CME programmer pleaded guilty of stealing trade secrets

A former CME Group, Chunlai Yang, pleaded guilty to downloading secret computer codes from the firm and providing it to a Chinese exchange rival. The potential arising from the theft is estimated between USD 50mn-USD 100mn, and Mr. Yang is

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iPhone 5…was it worth all the anticipation?

Apple promised that its new handset would go way beyond what the previous iPhones had to offer. The reviews for iPhone 5 have hit the web, and it is noteworthy to say that there are overwhelmingly positive reviews ever read

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US Home Sales Jump To Highest Level In More Than 2 Years

A jump in sales of previously occupied homes and further gains in new home construction suggest the U.S. housing sector is gaining momentum. Prices for such homes also rose according to figures from the National Association of Realtor (NAR). The

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Roadside barbers in Kabul City

Walking down the sidewalks in Pul-e-Khishti, Sar Chowk and Jada, you notice a line of men sitting under an umbrella cutting hair or shaving beard. Armed with a pair of scissors and a plastic comb, these are Kabul City’s roadside

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Premier Wen Jiabao set for 15th China-EU summit

Chinese Premier Wen Jiabao is set to take part in his last EU-China summit before handing over power later this year. Mr Wen will be meeting with senior EU figures, including President of the European Council Herman Van Rompuy and

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India's Nationwide Strike Against Supermarket Reforms

Demonstrators in India have taken to the streets to protest against a major hike in diesel prices and the opening up of India’s retail sector to foreign supermarkets such as Wal-Mart and Tesco. The Confederation of All India Traders (CAIT)

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India’s Nationwide Strike Against Supermarket Reforms

Demonstrators in India have taken to the streets to protest against a major hike in diesel prices and the opening up of India’s retail sector to foreign supermarkets such as Wal-Mart and Tesco. The Confederation of All India Traders (CAIT)

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Japan’s fresh aid money to be spent in Balkh, Samangan, Baghlan and Ghor

The recent 10mn contract signed between Japan and Ministry of Rural Rehabilitation and Development will be spent towards implementation of 120 projects in the provinces of Balkh, Samangan, Baghlan and Ghor. Rural Rehabilitation and Development Minister Wais Barmak said the

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Japan's Imports and Exports Drop In August

The drop in Japan’s imports and exports in August has raised concerns about the impact of a global slowdown on its economy. Exports fell 5.8% from a year earlier, hurt by the slowing demand from Europe and China. Imports fell

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Japan’s Imports and Exports Drop In August

The drop in Japan’s imports and exports in August has raised concerns about the impact of a global slowdown on its economy. Exports fell 5.8% from a year earlier, hurt by the slowing demand from Europe and China. Imports fell

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Bill Gates the Richest American on Forbe’s list for the 19th Year

Bill Gates, the former chief executive and current chairman of Microsoft, has been listed by Forbes magazine as the wealthiest American for the 19th year in a row, with a fortune of USD 66bn, up from USD 7bn from last

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