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Standardizing agriculture system in Balkh province of Afghanistan

About 200 farmers in the North of Afghanistan are provided with small-sized tractors and are trained in operating the vehicles. The farmers are happy about using tractors on their fields and are finding them more efficient and economical compared to

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Firewood prices rising as winter draws closer in Kabul City

As winter is approaching, prices of firewood have risen in the capital city. The price of 560kg unpeeled oak rose to 8,000 AFN during the outgoing week compared to last week’s 7,600 AFN. The same quantity of cedar wood went

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EU offers development aid to Burma

European Commission chief Jose Manuel Barroso has offered a development aid of more than USD 100mn to Burma in his meeting with the President Thein Sein. In addition to the aid, the EU is believed to be offering Burma the

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US economy add 171,000 new jobs

The US economy added 171,000 new jobs in October; however, unemployment rate still rose to 7.9% from 7.8% in September. There are more workers now who have resumed looking for jobs; hence, causing the unemployment rate to jump back up.

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Kandahar University Goes Solar

Embassy of the United States-The main university in southern Kandahar province is using solar energy for electricity with the assistance of the American University of Arizona, officials said Sunday. Abdul Tawab, deputy head of science at Kandahar University, said that

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Afghanistan must tackle corruption to entice investors

A senior American official, Assistant Secretary for South and Central Asian Affairs Robert Blake, urged the Afghan government to open up its economies to woo foreign-direct investments from the US by ensuring good governance devoid of corruption. As the US

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Problems with selling Kabul Bank’s properties

Enacting President Hamid Karzai’s order, Kabul Bank’s Receivership Department said they are faced with problems in selling Kabul Bank properties both inside and outside of Afghanistan. The Department’s Manager, Hamidullah Mohebbi, said the properties’ sale is still pending. The Bank

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Prices of Bamyan potatoes decline due to imports from Pakistan and Iran

Farmers in Bamyan said potato imports from Iran and Pakistan to Afghan markets have resulted in decline of Bamyan potatoes. “Despite the high yields of potatoes this year in Bamyan, we do not have good sales,” said Rajab Ali, one

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US working on the economic side of Afghanistan’s transition period

As the US is pulling out its troops from Afghanistan, there are concerns about the country’s economy post-2014. In order to ensure a healthy economy, the US is focusing on assisting Afghanistan with building a private sector -led and trade-led

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World Bank’s USD 80mn to Burma for first time in 25 years

World Bank pledged to grant USD 80mn to Burma- the Bank’s first aid to Burma in 25 years. The money will be spent towards roads, bridges, schools and health clinics. World Bank decided to step in to lift Burma out

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US consumer confidence at its highest in 5 years

The latest improvement in the US job market has resulted in a jump in the US consumer confidence, rising to 72.2. The US consumer confidence is an important economic indicator, as consumer spending forms about 70% of the overall economic

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Swedish Committee for Afghanistan to continue their assistance for decades

The Swedish Committee for Afghanistan (SCA) pledged to assist Afghanistan in social development, concentrating on education, health, rural development and the disabled community, for more than three decades. The Swedish Committee for Afghanistan (SCA) is working in Afghanistan since 1982.

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7th training center established for ex-drug users

A training center for about 500 ex-drug users is established to provide them training in carpentry, tailoring, tiles making and carpet weaving for duration of six months. Costing USD 330,000, the center is funded by the Colombo Plan and is

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Afghans to have their first ever electronic ID cards

The Ministry of interior announced on Wednesday at a joint press conference with the Independent Election Commission (IEC) that they would begin issuing electronic ID cards to 6.5mn people before the election in 2014. The purpose of the electronic ID

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Apple ordered to re-write its statement to Samsung

Apple has to re-write its statement to Samsung within 2 days and make clear that Samsung had not infringed the iPad’s registered design. Samsung complained about the statement Apple had published earlier calling it “inaccurate” and “misleading”, as it did

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Happy Birthday SHAHRUKH KHAN

Shahrukh Khan, an inspiration for the many aspiring actors today, was born on November 02, 1965 to Taj Mohammed Khan and Lateef Fatima. Shahrukh, also known as SRK by his fans worldwide, is today a star all on his own.

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Afghan investors are optimistic about the Economic High Council

With the establishment of the Economic High Council, 80% of the problems of the traders and investors would be resolved, said Herat’s Industrial Union. The Economic High Council was formed and approved in the beginning of this month. The Council,

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Markets offering goods at fixed prices are flourishing in Kabul

Kabul city is offering a number of trendy supermarkets that sell a wide variety of consumer products at fixed prices, which is attracting many consumers among the urban community. The supermarkets are stocked with items ranging from utensils to children

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Ariana Airline slapped with USD 10mn fine

Ariana Airline faces USD 10mn in fines from a court in the United Arab Emirates (UAE). Afghanistan Ministry of Transport and Aviation received the verdict from Sharjah a month ago. Yalda Natiq, chief of the external affairs at the Ministry

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