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IMF sees ‘optimism return’ as faster growth predicted

The International Monetary Fund (IMF) has said that “some optimism has returned” to the global economy and has predicted slightly faster growth. The IMF revised world economic growth for 2012 to 3.5%, up from its previous forecast of 3.3%. It

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Safi Airways sign codeshare agreement with Gulf Air

Gulf Air and Afghanistan’s international carrier Safi Airways has signed a codeshare agreement Kabul-Bahrain route as of April 23, Gulf Air officials announced. Under the agreement, both airlines will jointly market and promote six flights per week with each airline

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US choice named World Bank chief

Selection of Korean-born Jim Yong Kim draws criticism from other candidates over alleged US dominance of powerful post. The World Bank has named a Korean-American medical doctor, Jim Yong Kim, as its next president, despite criticism of the selection process by his

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Argentina to seize control of oil company

Move to regain majority stake in YPF by ousting Spain’s Repsol prompts angry row between Buenos Aires and Madrid. Argentinian President Cristina Fernandez de Kirchner has unveiled plans to seize control of the country’s biggest oil company YPF, owned by Spain’s

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Cheaper internet services in Afghanistan soon

The Ministry of Telecommunication and Information Technology said they plan to procure broadband internet services at a lower price from foreign telecommunication providers this week — which would slash domestic internet rates. The government launched the mega nationwide fibre-optic network

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No budget for Khost water department in a decade

No development budget has so far been allocated for the Khost Department of Water Management by the Ministry of Water and Energy over the past 10 years. Director of Water Management Eng. Mohammad Naseem According to Director of Water Management

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Kareena in demand despite flop films!

Kareena Kapoor’s films may be a flop but her pay cheques continue to pour into her kitty. The actress has bagged an endorsement deal of Rs 5 crore. It’s for a beverage brand. Now Bebo endorses 16 brands in total.

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Public-Private Partnerships for Health and Development

The health of people is intricately linked with the health of the global economy.  High mortality and morbidity rates in poorer countries drag down whole economies and have major trade, social, and health implications beyond a nation’s borders. New models

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Colombia's Jose Antonio Ocampo exits World Bank race

Colombia’s Jose Antonio Ocampo has pulled out of the race to be the next president of the World Bank. “It is clear that this is not based on the merits of the candidates but is a political exercise,” he said.

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Colombia’s Jose Antonio Ocampo exits World Bank race

Colombia’s Jose Antonio Ocampo has pulled out of the race to be the next president of the World Bank. “It is clear that this is not based on the merits of the candidates but is a political exercise,” he said.

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Dialing down corruption in Afghanistan

Foreign Policy By Anjana Ravi and Eric Tyler  Last week, Afghan president Hamid Karzai surprised U.S. and coalition officials by announcing the creation of a special tribunal and prosecutor to seek redress for the almost two year old Kabul Bank

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Shah Rukh Khan detained at US airport

Bollywood actor Shah Rukh Khan, who arrived in the US to visit the Yale University, was detained for over two hours at a New York airport. Mr Khan, who has been named a Chubb Fellow, was accompanied by Nita Ambani

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Priyanka Chopra beats rival Kareena Kapoor over money game?

Just like Shahrukh-Salman, arch rivals Kareena Kapoor and Priyanka Chopra leaves no silly reason behind to pounce on each other. If reports are to be believed, Priyanka has signed the remake of Zanjeer for a whooping amount of Rs 9

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Fixing Development Aid in Afghanistan

Written by: Abid Amiri Washington, DC – Tuesday, April 10, 2012   Recently in Washington there is a lot of talk about what’s gone wrong in Afghanistan. It is now considered the longest war in U.S. history. American public is

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Kabul Bank to be privatised in June: Delawari

The country’s largest private sector that the government took over after it came to the verge of collapse two years back as a result of issuing unauthorised loans to its owners will be privistised in the near future. The central

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'Ferrari of trains' puts Italy on fast track

Privately-funded service set to offer luxurious high-speed travel between Milan and Naples. Ferrari president, Luca di Montezemolo, is an ambitious man. After all, he didn’t get to where he is now by sitting on his chair and sipping hot cocoa. A

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‘Ferrari of trains’ puts Italy on fast track

Privately-funded service set to offer luxurious high-speed travel between Milan and Naples. Ferrari president, Luca di Montezemolo, is an ambitious man. After all, he didn’t get to where he is now by sitting on his chair and sipping hot cocoa. A

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India-Pakistan border post opens for business

Historic checkpoint reopens to commercial traffic in bid to boost trade between antagonistic neighbours. For the first time since 2007, India and Pakistan are set to open a historic border crossing for commercial traffic passing between the two nations. The

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India-Pakistan border post opens for business

Historic checkpoint reopens to commercial traffic in bid to boost trade between antagonistic neighbours. For the first time since 2007, India and Pakistan are set to open a historic border crossing for commercial traffic passing between the two nations. The

Read More

India-Pakistan border post opens for business

Historic checkpoint reopens to commercial traffic in bid to boost trade between antagonistic neighbours. For the first time since 2007, India and Pakistan are set to open a historic border crossing for commercial traffic passing between the two nations. The

Read More

India-Pakistan border post opens for business

Historic checkpoint reopens to commercial traffic in bid to boost trade between antagonistic neighbours. For the first time since 2007, India and Pakistan are set to open a historic border crossing for commercial traffic passing between the two nations. The

Read More

Fuel-Efficient Stoves Save Forest

Through USAID-funded Biodiversity Conservation and Natural Resources Management Project, 13 local stove makers in Badakhshan and Bamiyan provinces were equipped and trained to manufacture fuel-efficient stoves. Fuel wood is central to daily life in Afghanistan because it is used to

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Boycott against Pakistan's Currency in Paktika

Businessmen and shopkeepers in southeastern Paktika province on Tuesday promised a boycott of the Pakistani currency that was causing them losses. According to the shopkeepers’ association head Gulzada, the Pakistani rupee and the US dollar were the key reason behind

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Boycott against Pakistan’s Currency in Paktika

Businessmen and shopkeepers in southeastern Paktika province on Tuesday promised a boycott of the Pakistani currency that was causing them losses. According to the shopkeepers’ association head Gulzada, the Pakistani rupee and the US dollar were the key reason behind

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The First Afghan Female Entrepreneur

In an Afghan capital scarred by years of war, a young Afghan woman has bet $1 million that her countrymen could use a little fun. Meena Rahmani, who has spent most of her life in Pakistan and Canada, returned to

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