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Category Archives: Economic News

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China Sees Opportunity After America’s Withdrawal From Afghanistan. But Can Beijing Do Any Better?

30th August, 2021 · admin

Time: Today, in the wake of the U.S. withdrawal, Chinese strategists are thinking bigger, and eyeing deals to exploit Afghanistan’s mineral deposits. An Afghan parallel to the China Pakistan Economic Corridor—the $50 billion development of factories, power plants and pipelines from Kashgar in Xinjiang province to the Pakistani port of Gwadar in the Persian Gulf—might

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Posted in China-Afghanistan Relations, Economic News, Taliban | Tags: Natural Resources, rare minerals |
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Why the only winner of America’s war in Afghanistan is opium

28th August, 2021 · admin

New York Post: Between 2002 and 2019, American taxpayers spent at least $9 billion to eliminate or transform the poppy fields that produced almost all of the world’s heroin — but instead ended up tripling that production, quadrupling the acreage covered by the deadly flowers, and intensifying the insurgency that plagued the country.  As a

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Posted in Drugs, Economic News | Tags: heroin, opium, Poppy cultivation |
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Kabul’s Young Professionals Fret About Their Future Under The Taliban

28th August, 2021 · admin

Farangis Najibullah Radio Free Europe/Radio Liberty August 28, 2021 Ahmad Dawood has barely left his house on a quiet backstreet in Kabul’s Khairkhana neighborhood since Taliban militants marched triumphantly into the Afghan capital on August 15, the same day that President Ashraf Ghani fled abroad. Just two days later, a gun-wielding militant ordered the 24-year-old

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Posted in Afghan Women, Economic News, Education, Everyday Life, Human Rights, Refugees and Migrants, Taliban | Tags: Asylum, Escape from the Taliban, Life under Taliban rule |
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Afghanistan Faces Complex Web of Economic Crises

27th August, 2021 · admin

Rob Garver VOA News August 27, 2021 WASHINGTON – Steering Afghanistan’s economy would be a formidable task for anyone, which is why economists and other experts expressed dismay this week when the country’s Taliban leaders named Mohammad Idris, a relatively obscure figure from within the movement, to head Da Afghanistan Bank, the country’s central bank.

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Posted in Economic News, Taliban | Tags: Da Afghanistan Bank, Life under Taliban rule, Poverty |
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Afghans Facing a Hunger Emergency as Winter Approaches

25th August, 2021 · admin

Lisa Schlein VOA News August 25, 2021 GENEVA – The World Food Program is urgently appealing for $200 million  to purchase and pre-position food for millions of Afghans before the winter snows cut off access roads to them. Sizzling summer temperatures of more than 30 degrees Celsius mask the hardships that lie ahead for the

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Posted in Economic News | Tags: Poverty |
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How Much Will Afghanistan Change Central Asia’s Relations With Russia, China, And The United States?

24th August, 2021 · admin

Bruce Pannier Radio Free Europe/Radio Liberty August 24, 2021 There has been a good deal of speculation about how the withdrawal of foreign forces from Afghanistan and the dramatic change of power there will affect Central Asia’s relations with the big powers. Some say Russia’s presence in the region will be strengthened, or perhaps China’s,

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Posted in Central Asia, China-Afghanistan Relations, Economic News, Russia-Afghanistan Relations, Security, Taliban, US-Afghanistan Relations | Tags: Destabilization of Central Asia, Tajikistan-Afghanistan Relations |
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Exiled Afghan president’s children living luxurious lives in DC, Brooklyn

22nd August, 2021 · admin

New York Post: The Ghani family likes to live in style. Just a week after Ashraf Ghani cowardly abandoned his country for the luxury confines of Dubai (reportedly with $169 million in cash shoved in a helicopter), it turns out both of his kids live in luxury while women in their homeland live in terror

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Posted in Corruption, Economic News, Other News | Tags: Ashraf Ghani, Corrupt Ghani |
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Economic Crisis Looms for Afghanistan Under Taliban Rule

22nd August, 2021 · admin

Rob Garver VOA News August 22, 2021 WASHINGTON – As the Taliban take power in Afghanistan for the first time in 20 years, Afghans face not only a humanitarian crisis but also an economic crisis that threatens to make an already dire situation considerably worse. But just how bad things can get, and how much

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Posted in Economic News, Taliban, US-Afghanistan Relations |
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Taliban bar Afghan employees from returning to work in Kabul

21st August, 2021 · admin

Press TV August 21, 2021 The Taliban have barred employees from entering government buildings in Kabul, one week after the militant group took over the capital. Government buildings, banks, passport offices, schools and universities have been largely closed since the Taliban seized Kabul on August 15. A government employee, identified as Hamdullah, told AFP, “I

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Posted in Economic News, Everyday Life, Taliban | Tags: Kabul |
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Inside Afghanistan’s cryptocurrency underground as the country plunges into turmoil

21st August, 2021 · admin

CNBC: For many Afghans, this week has laid bare the worst-case scenario for a country running on legacy financial rails: A nationwide cash shortage, closed borders, a plunging currency, and rapidly rising prices of basic goods. In some ways, it’s a perfect test case for the usefulness of bitcoin and other cryptocurrencies. CNBC spoke with

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Posted in Economic News | Tags: Cryptocurrency in Afghanistan |
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