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US consumer confidence jumps in November

According to a survey, US consumer confidence has once again reached the highest level in four and a half years. The Conference Board’s Consumer Confidence Index rose to 73.7 from 73.1 in October. Both being the best readings since February

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Afghan Telecom Company to provide 3G and GSM services across Afghanistan

By- Dawood Essa Afghan Telecom, an Afghan telecommunication company, announced this Tuesday that it would be offering GSM (Global System for Mobiles) and 3G services for mobile users across the country. Almost 15% of the Afghan population is deprived from

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Eurozone Deal On Greece Bailout

Eurozone finance ministers and the IMF have reached an agreement to release urgently needed loans to Greece in order to reduce the country’s debt.  The deal was made on Monday after 12 hours of talks at the third meeting of

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India Fails To Break Parliament Deadlock Over Supermarket Reform

India’s government failed on Monday to defuse a row with the opposition over opening up the supermarket sector to foreign chains, a decision that has thrown parliament into chaos and endangered fresh economic reforms. Opposition lawmakers have paralysed parliament, demanding

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Global Recovery Under Threat, says OECD

According to the Organisation for Economic Co-operation and Development (OECD), decisive policy action is needed to ensure the world is not “plunged back into recession.” The OECD, which represents the world’s richest nations, also lowered its growth forecasts. The group’s

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Twilight finale holds firm at number one

The Twilight Saga: Breaking Dawn – Part 2, the final instalment of the vampire fantasy films, has topped the US box office for the second week in a row. Early estimates suggest it took $43.1m (£26.9m) between Friday and Sunday,

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USD 3.2bn allocated for development projects in the next budget

The draft for development budget was presented on Monday to the Meshrano Jirga, which inquired the three ministries about their plans for the next year. In the new budget, USD 148mn has been allocated to the Ministry of Agriculture, USD

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Etisalat Afghanistan awarded “Achievement in Social Inclusion”

The Connected World Forum at their annual international conference on mobile money awarded the telecommunication company of Etisalat in Afghanistan the 2012 “Achievement in Social Inclusion” on Monday. The award is given to those companies and organizations that contribute to

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