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Afghan forces thwart insurgent attack on Kabul KABUL: Afghan security forces killed at least eight insurgents during an early morning raid in Kabul on Thursday, with authorities saying they had thwarted a Taliban mass attack on the capital after a seven-hour gun battle. Soldiers from Afghanistan's intelligence agency, the National Directorate of Security (NDS), launched the raid in darkness, entering a building about an hour after midnight in Kabul's Pul-e Charkhi district which the insurgents were using as a base. "We have already killed eight insurgents and also seized explosives. They aimed to enter a building in Kabul and launch a combined attack on security forces, government offices or offices belonging to foreigners," an NDS spokesman told Reuters. The Taliban issued a statement denying that Thursday's operation was against their fighters, although the insurgents often play down their defeats and inflate successes. Copyright Reuters, 2012 ...

India restores power after huge blackouts NEW DELHI: India restored its power supplies on Wednesday after two days of massive outages that blacked out half the country, but fears remained that the grid could again collapse under the strain of over-demand. India's electricity network was back at full capacity after three regional grids failed on Tuesday in the country's worst power crisis that left more than 600 million people without supplies. "It is a very difficult and challenging situation, and solutions will have ...
Microfinance offers lifeline to Myanmar rural poor MAWBI: While foreign investors with big plans pour into Myanmar after decades of military rule, microfinanciers are looking to fund the dreams of farmers in the grindingly poor countryside. A reformist government took power last year and overseas firms are queuing up in search of business opportunities, but Myanmar is still desperately short of banks and other financial service providers. Microfinance initiatives which provide small, low-cost loans to the poor are seen by experts as a way ...
India media slam NEW DELHI: Indian newspapers heaped scorn on an embarrassed government on Wednesday, saying two massive power failures that blacked out half the country had made it an international laughing stock. "Superpower India: RIP," was the front-page verdict of the Economic Times, above the sub-heading "The New Idea of India: Push 50 Percent into Darkness." Noting the global headlines generated by the monster outages on Monday and Tuesday that affected more than 600 million people, the newspaper said ...
China mudslides kill at least 16: Xinhua  BEIJING: Mudslides that buried an iron ore mine in northwestern China have killed at least 16 people, with another 12 still missing a day after the disaster, state media reported on Wednesday. Most of the victims of the accident in the remote region of Xinjiang were mine workers but the bodies of six residents, including three women and a child, were also pulled out from under the wreckage. The official Xinhua news agency said there was only ...
India suffers another huge power failure NEW DELHI: India's northern grid, which covers an area home to more than 300 million people, failed for the second day in a row on Tuesday, an official said, with the outage also reportedly spreading to the eastern grid. "Yes, there has been some disturbance," V.K. Agrawal, the general manager of the Northern Grid, told AFP when asked if the northern grid had collapsed. The Press Trust of India, citing power ministry sources, said the eastern power ...
Millions lost in Afghan reconstruction WASHINGTON: Millions of dollars in US funds have been lost due to poor planning and workmanship in projects to help rebuild Afghanistan and billions more could be at risk, a US watchdog said Monday. The report by the special inspector general for Afghanistan, John Sopko, warned that handing over security to Afghan forces as the US withdraws its troops would also likely cause the costs of US-funded aid schemes to balloon. "The United States risks wasting billions ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln