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Students from Harvard Business School sell Afghan saffron

A group of students from Harvard Business School, also military veterans, have established a company to sell retail-packaged saffron to markets in New York. The company called Rumi Spice purchases high-quality saffron directly from farmers in Afghanistan and sells them

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Economist of the Month: Dr. Ashraf Ghani

Dr. Ashraf Ghani is the President of Afghanistan, economist and anthropologist. He assumed office on 21 September 2014. He has previously served as Finance Minister and as the chancellor of Kabul University. Before returning to Afghanistan in 2002, President Ghani,

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Elinor Ostrom

Elinor Ostrom (August 7, 1933 – June 12, 2012) was an American political economist whose work was associated with the New Institutional Economics and the resurgence of political economy. In 2009, she shared the Nobel Memorial Prize in Economic Sciences

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Afghanistan’s Economy On The Verge Of Collapse

By Florance Ebrahimi Power vacuum looms for Afghanistan as UN delays date for result of presidential elections to mid-September despite Karzai’s plans to leave office next week. Afghan President Hamid Karzai, who came to power after the U.S.-led invasion that

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Ranking of the 10 biggest banks in 2014

With United States put behind the race, this Top Ten gathers the most powerful and influential banks in the world for this year 2014. Discover which bank is ranked at top of the biggest bank in the world. Malaysian Bank

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Telstra acquires Ooyala: seeks to gain strong hold in global cloud market

By Subriena Persaud Australia’s major telecommunications company, Telstra Corporation Limited, has announced its forthcoming acquisition of the Silicon Valley-based Internet video company, Ooyala. Telstra has an international presence in 15 countries and has provided 15.8 million mobile services and 2.8

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Report: 2nd largest Afghan city could go dark when U.S. subsidies end

By Lindsay Wise Source: McClatchy Washington Bureau August 5, 2014 WASHINGTON — Residents of Afghanistan’s second largest city could go without power when U.S. subsidies for diesel fuel phase out next year, according to a report released Tuesday by the

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Douglass C. North

Douglass North shared the 1993 Nobel Prize in economics with Robert Fogel “for having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change.” North earned his Ph.D. in economics

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A Statistically Tested Way to Stop Terrorism and Boost Pakistan’s Economy

By Teresa Studzinski, M.A. and Dr. David Leffler Over the years prominent Pakistani leaders have held identical opinions alleging that Pakistan is invincible. The recent Pakistani Taliban attacks including those on Karachi’s international airport have put that claim to the

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Economists predict football World Cup finalists

Economists at Goldman’s Sachs have forecasted football results for the upcoming World Cup. The economists see Brazil, Argentina, Germany and Spain as the four semi-finalists. Brazil is predicted to have a 48.5% chance of Brazil lifting the cup, with a

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5 dirty jobs that are high paying

It is a common misconception that you will be paid well only if you are a businessman, lawyer, broker and in general, if you wear a fancy suit and expensive shoes. Your Phd is definitely a plus when it comes

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10 Self-Made Billionaires Who Remain Grounded and Humble

Remaining humble and grounded might be just as challenging as obtaining riches and success. In life, most of us seek out wealth and power, but if we can remain humble and wise along the journey, then that is the true

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7 Management Traits That Will Make All Your Employees Quit

Have you ever had a REALLY bad boss? Well I have. This individual drove everybody out and the company had to close the regional office, because everyone quit or was fired. I quit after being there for just 6 months;

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Paul Krugman

Paul Krugman joined The New York Times in 1999 as a columnist on the Op-Ed Page and continues as professor of Economics and International Affairs at Princeton University. Mr. Krugman received his B.A. from Yale University in 1974 and his

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Here’s what to do when you are bored at work!

Even the most exciting job can go a bit stale after a while, and at first we don’t even notice. We start a new job all enthusiastic, we learn new things, meet new people, and do new tasks. Once we

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Here's what to do when you are bored at work!

Even the most exciting job can go a bit stale after a while, and at first we don’t even notice. We start a new job all enthusiastic, we learn new things, meet new people, and do new tasks. Once we

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Want to Buy a Franchise in Singapore? Here’s How to Get Started

By Zeke Iddon- Starting a business of your own, from scratch, is possibly one of the most daunting career moves anyone could undertake. On the other hand, buying a franchise allows you to take advantage of using an established brand

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Titanic's replica to be moored on the Qi River of China

China’s Seven Star Energy Investment Group plans to pump up about USD 170mn into creating a life-sized replica of the infamous Titanic ship, which encountered the most well-known maritime disaster ever. The purpose of the ship is to act as

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Titanic’s replica to be moored on the Qi River of China

China’s Seven Star Energy Investment Group plans to pump up about USD 170mn into creating a life-sized replica of the infamous Titanic ship, which encountered the most well-known maritime disaster ever. The purpose of the ship is to act as

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3 Things Your Employees Want More Than Money

For founders, the long hours and the instability of building a start-up are endurable because of the potential pay-off in the distance: a lucrative IPO that makes those early days worthwhile. But Rosabeth Moss Kanter, a Harvard Business School professor

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Thomas Sowell

Thomas Sowell (born 1930) is noted for his conservative views on social and economic issues. An African American author and economist, Sowell opposes such programs as affirmative action, busing, racial quotas, minimum wage, and welfare. He has drawn fire from

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Hollywood Star Leonardo DiCaprio donates USD 3mn to save tigers in Nepal

The Titanic actor and Golden Globe winner, Leonardo DiCaprio, has donated USD 3million to help save tigers in Nepal. Tigers in Nepal are classified as endangered and are under threat from “habitat destruction and escalating illegal poaching.” The actor has

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Barbara Bergmann

Barbara Bergmann (b. 1927) laid the foundations for much of contemporary feminist economics, especially regarding discrimination in the workplace. Born in the Bronx, New York, Barabara started formulating ideas about feminism at the age of five.  She receives her bachelor’s

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Once the world's 7th richest man is now going bankrupt

Brazilian former billionaire Eike Batista has filed for a second bankruptcy protection this year. His shipbuilding firm, OSX Brasil, has filed for bankruptcy protection, with an estimated debt of about USD 2.3bn. This comes only two weeks after its sister

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Once the world’s 7th richest man is now going bankrupt

Brazilian former billionaire Eike Batista has filed for a second bankruptcy protection this year. His shipbuilding firm, OSX Brasil, has filed for bankruptcy protection, with an estimated debt of about USD 2.3bn. This comes only two weeks after its sister

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