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Back to homepageInsect Pests affecting Melon Production in Baghlan
Melon insect pests are considered the most complex agriculture problem in Baghlan which neither the government nor farmers are able to cure. Farmers say that they lose half of their products because of this insect, and they have not yet
Read MoreSouth Korea Economy Slowing Down
Asia’s fourth-largest economy is experiencing an economic slowdown with investment dipping and its exports declining due to falling demand in the Eurozone. Gross domestic product (GDP) expanded by 0.4% in the April to June period. In the previous three months
Read MoreJapan on a double whammy
Japan hits its highest trade deficit record for the first half of the year. Exports have weakened, rising only 1.5% during the period. Japan’s exports have been hit severely due to the falling demand in the global market, mainly the
Read MoreA good year for Kanadahar orchard owners
Farmers in southern Kandahar province are enjoying a high production of grapes this season, with the prices of the grapes soaring. The farmers said that the improved production was due to favorable weather conditions and good advice from agriculture experts
Read MoreDefaulter’s Lawyer Wants Kabul Bank Borrowers to be treated equally
The defense lawyer for Sher Khan Farnood- the Chairman of Kabul Bank until late 2010- suggested that the Kabul Bank issue should be dealt with according to the banking laws and all the borrowers should be treated equally. Sher Khan
Read MoreCorruption and Embezzlement- Afghanistan and International Community’s Major Concern
Afghan government has requested the international donors to provide them the list of prominent officials with whom they have signed highly profitable contracts. This request comes amid serious efforts that the Afghan government must make to curb corruption—the international community’s
Read MoreAfghanistan’s Mineral Law Rejected by the Cabinet after a Lengthy Discussion
Afghanistan’s Cabinet did not approve the Mineral Law draft. President Karzai has said that the document requires further discussion and “the national interest of both present and future of Afghanistan must be protected in this document by all means.” According
Read MoreChina’s Manufacturing Sector Picking Up Pace
According to an HSBC survey, China’s Purchasing Manager’s Index (PMI) rose to 49.5 in July, a five-month high and up from 48.2 in June. PMI is an indicator of growth in the manufacturing sector of an economy. A reading above
Read MoreEurozone risks spillover to China
The International Monetary Fund says that the Eurozone crisis is a key external risk to China’s growth. China‘s economy is expanding at an annualized rate of 7.6% in the three months to the end of June. China’s economy is expected
Read MoreSpain Pushed Closer to Eurozone Bailout
With Spain’s borrowing costs rising, investors’ worries are deepening and fears of Spain asking for a full bailout are growing. To avoid a full bailout, leaders called for the immediate implementation of measures agreed last month, which include aid directed
Read MoreGermany on a downgrade warning from Moody
The credit ratings agency Moody’s has warned the outlook for Germany’s AAA credit rating is negative, the first step towards a possible downgrade. The ratings for the eurozone’s other top-rated economies the Netherlands and Luxembourg were also put on negative
Read MoreGreece Will Need More Time to Repay its Debts
Minister Antonis Samaras expects the economy to shrink by 7%, greater than the 5% forecast by the country’s Central Bank. Mr. Samaras said that the country has been in recession for five years, and it is not easy to return
Read MorePakistan not fulfilling its promise of fully implementing the transit trade accord
Afghan Chamber of Commerce and Industries (ACCI) deputy head Khan Jan Alokozay told the Upper House of the Parliament that Afghan traders are facing problems in Pakistan and called on Islamabad to address the issue and obey the transit trade
Read MoreUN Security Council lauds outcome of Tokyo Conference on Afghanistan
The UN Security Council said on Monday that it welcomed the outcome of an international conference on Afghanistan held in Tokyo earlier this month. The Tokyo Conference was hosted by Japan on July 8. The Conference brought together delegates from
Read MoreSanctions on Iran have no adverse effects on Afghanistan
Afghan officials have rejected Western media reports that the U.S. and the E.U. chastising sanctions on Iran have negative impacts on Afghanistan. Ministry of Commerce says that the sanctions may actually have positive impacts on Afghanistan. Therefore, Iran is trying
Read MoreViews on the effectiveness and ineffectiveness of World Aid to Afghanistan
Afghan government says that the world community has granted Afghanistan about USD 100bn of aid and till now about 60% of the aid has been spent. Officials from Ministry of Foreign Affairs say that the aid money has been spent
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TAPI Project faces biggest hindrance from Insecurity
Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline, which is about 1,700km long, is a major economic project for all the four regions. Security problems are clearly obstacles to the project, however work is still going on the project. There are other factors that may
Read MoreGreek to be assessed on its debt reduction progress
Creditors from the troika (made up of the International Monetary Fund (IMF), European Central Bank (ECB), and the European Commission (EC)) arrive on Greece on Tuesday to audit Greek progress on debt reduction. The troika will then decide whether Greece
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Ghazni Wheat Yield hit by Water Scarcity
Farmers in Ghazni are in woe as their wheat yields have drastically reduced due to lack of seasonal rains. Hamidullah, a farmer from Deh Yak District, said he harvested 980kg of wheat from his land this year compared to 3,500kg
Read MoreWorld Bank pays USD 125 million for Construction of Rural Roads
Ministry of Finance signed a USD 124 million contract with the World Bank on Sunday to fund the construction of 1,300km road and about 1,600m bridges and culverts. MoF’s Deputy Dr. Mustafa Mastoor said that the project will be carried
Read MoreAfghanistan’s natural resources need further research and studying- Jawad Omar
Afghanistan’s Ministry of Mines says that the recent survey on the natural resources of Afghanistan by the U.S. Geological Survey is only a primary survey. A full detection of Afghanistan’s natural resources needs further research and studying. According to the
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Afghanistan’s Budget Deficit is rising
Afghanistan’s Central Statistic Organization (CSO) has expressed their concern about the widening budget deficit. Based on last year’s report from the Organization, the budget deficit stands at 70%. Although the government speaks of progress in the past decade, very little
Read MoreNigeria's low-cost tablet computer
Nigeria’s Saheed Adepoju is a young man with big dreams. He is the inventor of the Inye, a tablet computer designed for the African market. According to the 29-year-old entrepreneur, his machine’s key selling point is its price – $350
Read MoreNigeria’s low-cost tablet computer
Nigeria’s Saheed Adepoju is a young man with big dreams. He is the inventor of the Inye, a tablet computer designed for the African market. According to the 29-year-old entrepreneur, his machine’s key selling point is its price – $350
Read MoreNewly-Constructed hostel for doctors at Tirinkot Hospital
A new hostel, funded by Australia, was inaugurated at the main hospital in Tirinkot, the capital of central Uruzgan province, on Saturday. The project cost USD 180,000 and was completed within 6 months. It will meet the requirements of many
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