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US Federal ReserveTo Cut Interest Rates By a Quarter Point
The Federal Reserve is looking to cut rates by a quarter point and not half a point in September. In accordance to the global economic outlook, the Federal Reserve is expected to cut interest rates another quarter point in their
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Afghanistan Exports Talc to China For First Time Via Hairatan Railroad
Afghanistan exported 1100 tons of talc to China for the first time from Mazar-e-Sharif through the Hairatan railroad. The goods will arrive in China, crossing Uzbekistan and Kazakhstan, in the next 12 days in 41 wagons, according to Afghan Transport
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New Power Supply Network for Mazar-e Sharif Benefits 20,000 Residents
Da Afghanistan Breshna Sherkat (DABS) in Balkh and the Afghan-German Cooperation signed the contract for upgrading a power supply network in the eastern part of Mazar-e Sharif. More than 20,000 residents in the neighborhood of Ali Chopan, Karte Wahadat, Bapa
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Tackling Corruption in Mining: Gov’t Signs Agreement with Afghan-German Cooperation
Acting Minister of Mines and Petroleum, Nargis Nehan, signed the implementation agreement for the next phase of the program for promoting good governance in Afghanistan’s extractive sector (MinGov) on Sunday. The project aims at increasing state revenues, promoting investment and
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Local Food and Handicrafts Exhibition Kicks Off in Kabul
A 4-day exhibition of Afghanistan’s local foods and handicrafts was officially inaugurated on Tuesday in Kabul Serena hotel by officials from the Ministry of Information and Culture. Local goods including foods, handicrafts, carpets and dresses and local music from five
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The Afghanistan King Amanullah Khan Had Envisioned
King Amanullah Khan dreamed of modernizing Afghanistan. He was a self-described revolutionary but was forced into exile in 1929, with his reforms being abrogated. Amanullah Khan had a western-centric approach to modernize Afghanistan. He envisioned a modernized state which could
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Afghan Poultry Industry Meets 80% of Local Needs
Afghanistan’s poultry industry has seen a boost with around $1 billion worth of investment made in this industry over the past decade. According to a report by Tolo News, over 1,000 poultry farms are operating in this sector across the
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US Contributes Additional $125mn In Humanitarian Assistance to Afghanistan
The United States announces an additional amount of nearly $125 million in humanitarian assistance to meet the needs of vulnerable Afghans inside Afghanistan, including internally displaced persons, conflict and flood-affected communities, and Afghan returnees. This brings the total U.S. funding
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Conor McGregor Punches Old Man in the Face
Khabib states that Conor has “lost his mind” after reports of Conor punching an old man in a pub over a dispute of his whiskey. McGregor was in South Dublin at the Marble Arch boozer on April 6th. The CCTV
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Iran & Afghanistan Discuss Energy Ties
A delegate from Iran’s Energy Ministry arrived in Kabul on August 17th to talk with Afghan officials about the future of energy ties between Iran and Afghanistan. Deputy Energy Minister for Electricity of Iran Homayoun Haeri led the delegation and
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New Investments Worth Millions of Dollars to be Made in Afghan Cement Factories
Afghan Ministry of Mines and Petroleum have reported about progress made in discussions on major investment projects worth USD 350 million. The projects include investment in second phase of Jabal Siraj cement factory (USD 170 million) and Samangan cement factory
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Entrepreneur of the Month: Mozhgan Wafiq Alokozai
Mozhgan Wafiq Alokozai is the CEO of My Impressive LLC, a marketing and consulting company based in Kabul, Afghanistan and Virginia, USA. Ms. Alokozai has a Master’s Degree in International Business and her very first venture was a café shop
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Germany’s Economy Shrinks in April-June Period of 2019
Germany’s GDP has decreased by 0.1% compared to the first quarter according to the Federal Statistics Office caused by a decline in exports amid concerns of a global slowdown. According to Andrew Kenningham, the chief Europe economist of Capital Economics,
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Manchester United Beat Chelsea 4 – 0
Marcus Rashford scored twice, Anthony Martial, and Daniel James all ended up in the score sheets respectively. Daniel James scored on his debut and dedicated his goal to his late father. Man United manager Ole Gunnar Solskjaer says Manchester United
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Goldman Sachs CEO David Solomon Dismisses Fears of Economic Recession
Goldman Sachs CEO David Solomon stated that he does not see a looming economic crisis but things could change easily. Solomon stated that the current economic environment is not alike the pre-crisis days of August 2007 however things could change
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Trade War Between China & US Hits Germany
There are fears that Germany could be dragged into a recession due to the trade war between the US and China, after data showed that production in Europe’s biggest manufacturing powerhouse dropped in June. Germany’s industrial output dropped by more
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Afghanistan Exports 255 Tons of Fresh Fruits in 2019
Afghanistan has exported 255 tons of fresh fruits to various countries, indicating a 30% increase in fruit exports compared to the same period in 2018. The fruits—including apples, melons, pomegranates, watermelons and grapes—were mainly exported to India, Europe and some
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Afghan MMA Fighter Nasrat Haqparast Wins His 11th UFC Win
Afghan MMA fighter Nasrat Haqparast finishes Joaquim Silva in the second round to earn his first finish in the UFC and 11th win all together. UFC on ESPN 5 was held in New Jersey, USA. Joaquim Silva pushed the face
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Lionel Messi Banned From International Football For Three Months
Messi was sent off against Chile for the third-place play-off win over Chile after which he stated that the “cup was fixed for Brazil.’ He was also fined $50,000 by the South American Football Confederation and he has seven days
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Stock Markets Drop On New Trump China Tariffs
US stock markets have fallen for a second day after Trump imposed new tariffs on $300bn of Chinese imports. The 10% tariffs will take effect on September 1st. The US stock markets have also ended the week on a low.
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Khabib Talks About Facing Distractions Ahead Of UFC 242
Conor McGregor’s antics against Khabib Nurmagomedov ahead of their fight last year were apparent and Khabib had to work hard to focus on the fight. Khabib beat McGregor at the fourth round by a rear naked choke. On September 7th,
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Trump Tariff Hurting US More Than They Are Hurting China
Trump’s former chief economic adviser, Gary Cohn, said the battle has had a “dramatic effect” on US manufacturing and capital investment. Mr. Cohn resigned from the Trump administration in March 2018, and was the former president of Goldman Sachs bank.
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Gareth Bale Withdraws From Real Madrid Squad Before Munich Tournament.
According to Real Madrid president Florentino Perez, Bale is not in the right mental state to play after he was prevented to join Jiangsu Suning by Perez. Zidane stated that his exit from the club would be “best for everyone”
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Afghanistan Government Reduces Internet Prices By 37%
Minister of Telecommunication and Information Technology, Mohammad Fahim Hashemi, stated that all internet service providers purchasing internet by the national internet provider Afghan-Telecom will be receiving 1MB of internet for $60, while it was close to $100 in the past.
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Presidential Elections Campaign Officially Kicks Off in Afghanistan.
Afghanistan’s presidential elections campaign officially started July 28, 2019, and will be concluding on September 25th. The campaign has 18 candidates, with current President Ashraf Ghani and Chief Executive Abdullah Abdullah in the race. Hawa Alam Nuristani, the chairwoman of
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