Taliban Launches Wheat-for-Work Scheme

The Taliban administration of Afghanistan inaugurated a hunger-relief program on Sunday, distributing wheat in exchange for labor to thousands of Afghans. Taliban’s chief spokesman said that the initiative would be implemented across Afghanistan’s largest cities and towns, employing 40,000 men …

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US Factory Production Falls by the most in Seven Months During September

Production in the United States fell by the most in seven months during September, mostly reflecting a slowdown in the production of motor vehicles as supply chain problems created materials shortages. Industrial production dropped by 1.3 percent in September, whereas …

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G20 Leaders Pledge to Distribute Aid to Afghanistan to Avert Humanitarian Crisis

Leaders of the Group of 20 (G20) major economic powers pledged to distribute aid to Taliban-led Afghanistan to avert a humanitarian crisis. During a virtual summit on Oct. 12, the G20 leaders reaffirmed their “collective commitment” to provide humanitarian assistance …

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Rising Chip Prices Boosts Samsung’s Quarterly Profit in 3 years

Samsung Electronics estimated that its earnings for the third quarter of 2021 have reached their highest in three years, with the boost largely coming from high semiconductor prices due to a global shortage. The world’s biggest maker of memory chips …

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Taliban Stops Paying Foreign Energy Providers, Blackout Imminent

Afghanistan is facing imminent winter blackouts with the Taliban unable to pay foreign electricity suppliers, according to a report by the Wall Street Journal. About 70 percent of Afghanistan’s electricity relies on foreign companies, and former CEO of the country’s …

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