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Govt Distributes 65,000kg In Saffron Plants

The Afghan Ministry of Agriculture, Irrigation and Livestock will distribute 65,000 kilograms of saffron to Afghan farmers, the head of the Saffron Department, Mohammad Mohmand, told TOLOnews. The Ministry plans to buy saffron plants from farmers with surplus saffron on

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Spanish new low-cost airline Iberia Express launched

Spain’s Iberia has launched a new entry in Europe’s competitive market for low-cost airlines. The new airline, Iberia Express, begins on Sunday with prices starting at 25 euros (£21) for a one-way ticket. Iberia Express will cover Spanish cities including

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Power pylons being installed in eastern provinces

There is no security risk involved in extending power pylons from Naghlo dam to eastern Laghman and Nangarhar provinces and the transmission process will be completed in the next two months, an official said on Sunday. In an exclusive interview

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Twentieth Century Fox sued over Glee trademark

A chain of UK comedy clubs has taken the makers of hit TV series Glee to court over a “trademark infringement”. Comic Enterprises Ltd claims the programme – made by Twentieth Century Fox – is causing confusion for its business.

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Finance Ministry Adds US$4m To National Budget

Afghanistan’s Ministry of Finance has redrafted the federal budget for the new year 1391 with an increase of 200 million Afghani (US$4.15 million) after the previous draft was rejected by Parliament two weeks ago. Ministry of Finance spokesman Aziz Shams

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Karzai off to Dushanbe for RECCA summit

President Hamid Karzai on Saturday left Kabul for Dushanbe, capital of Tajikistan, to attend the 5th summit of the Regional Economic Cooperation Conference on Afghanistan (RECCA). RECCA is a forum dedicated to advance Afghan stabilization and South and Central Asian

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India boycotts EU aviation carbon charge

Indian airlines will not comply with the European Union’s (EU) carbon charging scheme, according to civil aviation minister Ajit Singh. The EU has directed Indian carriers to submit the emissions details of their aircraft by 31 March. But Mr Singh

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Vidya`s `Kahaani` still going strong

Vidya Balan`s ‘Kahaani’ seems to have a struck a chord with the audiences in a big way as the gripping thriller has entered its third week and is still proving to be a crowd puller. The film not only defies

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Review: ‘Agent Vinod’ – All style, no substance

The duo who share a symbiotic relationship when it comes to name, fame and reckoning in the industry is back. While Sriram Raghavan helped Saif Ali Khan develop a sauve macho character in ‘Ek Hasina Thi’, the actor relied on

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1391 Budget Plan Should be More in Favor of Higher Education, urges Afghan Parliament

Many Parliamentary members recommended reducing the budget allocated for the president office but rather increasing the budget allocated for higher education. Today’s plenary meeting discussed the draft of law on structure and authorization of judicial organ and the 1391 budget

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Japan, China and S Korea edge towards free-trade deal

Japan, China and South Korea have moved closer to signing a trilateral investment agreement that could pave the way for a free-trade deal. If signed it would be the first economic agreement that is backed by law between three of

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McDonald's boss Jim Skinner to retire in June

Shares in McDonald’s are down 0.5% after the company said its chief executive, Jim Skinner, was retiring. Chief operating officer Don Thompson will take over in June, becoming the first African-American to run McDonald’s. Mr Thompson has been at the

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McDonald’s boss Jim Skinner to retire in June

Shares in McDonald’s are down 0.5% after the company said its chief executive, Jim Skinner, was retiring. Chief operating officer Don Thompson will take over in June, becoming the first African-American to run McDonald’s. Mr Thompson has been at the

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Outrage over report that India lost $210bn in coal scam

There was outrage in India’s parliament after a draft report by government auditors estimated India lost $210bn by selling coalfields too cheaply. Opposition politicians accused the government of “looting the country” by selling coalfields to companies without competitive bidding. Private

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Obama names surprise World Bank candidate Jim Yong Kim

President Obama has nominated Korean-born US academic Jim Yong Kim to be the next president of the World Bank. The nomination of the Dartmouth College president and development expert is a surprise as he was not mentioned as a contender

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World Bank candidates due as deadline approaches

The US is expected to announce its candidate for the next president of the World Bank as the deadline for nominations approaches. Some of the potential candidates mentioned have included former White House advisers Lawrence Summers and the Indian-born head

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‘Hangover Part III’ Is Coming Next Summer

Consider the competition slate for the Cannes Film Festival officially scrambled. Or, you know, maybe not: on Thursday, Warner Brothers announced that it was preparing a third installment in the “Hangover” series, its bawdy, billion-dollar grossing comedy franchise about three

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Rightsize military, World Bank asks Kabul

The World Bank (WB) has urged Afghanistan, which is preparing for a sustainable economy after 2014 when foreign troops are expected to withdraw, to prioritise national programmes and rightsize its military. The bank also urged foreign donors not only to

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Afghanistan to meet 40pc of fish demand

Fish-starved Afghanistan, confident of meeting 40 percent of its demand, is trying to be self-sufficient in the next decade, eventually slashing imports. The Ministry of Agriculture Irrigation and Livestock (MAIL) has rolled out a one-year plan to establish fish farms

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Economic Conference on Afghanistan to Boost Private Sector

More than 100 Afghan traders are expected to attend the 5th Regional Economic Co-operation Conference on Afghanistan, a potentially big boost to the country’s private sector, the Afghan Chamber of Commerce said Thursday. Khan Jan Alkozai, the deputy head of

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Afghanistan acts to curb flight of capital

Afghanistan has taken new steps to combat rampant capital flight after the central bank found that the amount of dollars flown out of Kabul doubled to $4.6bn last year. Afghan officials believe many of the brick-sized stacks of $100 bills

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A Step Towards Increasing Afghan Woman Participation in the Labor Market

The Ministry of Finance is partnering with The United States Agency for International Development (USAID) to implement and expand the Women in Government Internship Program. The program provides more opportunities to women to gain experience working with Afghan Government Organizations

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Afghan Jewelers Complain about High Taxes

Huge taxes and lack of market for locally made jewellery have left the industry struggling in the capital, Kabul-based traders complain. But the Ministry of Finance says jewellers are taxed in line with the relevant law. A decade ago, most

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Japan's Surprise Trade Surplus

Japan posted a surprise trade surplus in February, after a record high deficit the previous month, as external demand picked up. The surplus stood at 32.9bn yen ($394m; £248m), the Ministry of Finance said. In January the deficit came in

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Japan’s Surprise Trade Surplus

Japan posted a surprise trade surplus in February, after a record high deficit the previous month, as external demand picked up. The surplus stood at 32.9bn yen ($394m; £248m), the Ministry of Finance said. In January the deficit came in

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