The Reserve Bank of India’s (RBI) decision to permit the rupee in global trade is a precursor to making it an international currency. The RBI said the move was to “support the increasing interest of global trading companies”. Although the convertibility is limited to current account, which means partial convertibility, the attempt by the RBI demonstrates India’s readiness to move […]
Read more ›Archive for July 28th, 2022
Bitcoin: Balancing Risks And Benefits
What makes Bitcoin a gold-like commodity is its perfect decentralisation and high cost of production, both traits lacking by every other cryptocurrency. Like gold can be found in physical nature, Bitcoin can be found in digital nature, by anyone with electricity, internet, and some hardware.
Read more ›The Taliban’s Neighbors Fear Afghanistan’s ‘Boiling Pot’ of Terrorism
A three-day conference in Uzbekistan has united the region, worried about the guerrillas in their midst. The Taliban’s failure to make the leap from insurgency to governance is coming under scrutiny this week as they meet with representatives of countries that are growing increasingly concerned that after almost year in power, the extremists have again transformed Afghanistan into a global […]
Read more ›Pakistani Ulema delegation shares advice with IEA’s acting PM
A delegation of Pakistan Ulema met with Afghan Acting Prime Minister Mullah Mohammad Hassan Akhund in Kabul on Wednesday and shared their advice and recommendations for strengthening relations with other countries and for resolving people’s problems. Expressing satisfaction over the establishment of an Islamic system in Afghanistan, head of the delegation, Muhammad Taqi Usmani, said that Afghanistan and Pakistan are […]
Read more ›House Republicans demand declassification of info on chaotic US withdrawal
House Republicans are calling on the Biden administration to release information related to the chaotic withdrawal of US troops almost a year ago that preceded the collapse of the former Afghan government. According to the Washington Examiner, GOP members of the House Intelligence Committee sent a letter to the secretaries of defense and state, urging them to comply with previous […]
Read more ›Tajikistan increases export volume to Afghanistan by 38%
Tajikistan exported more than $51.2 million worth of goods to Afghanistan in the first half of 2022, an increase of 38 percent against last year. The total volume of trade amounted to $52.7 million, of which 97.2 percent accounted for supply of Tajik goods to Afghanistan, Asia Plus reported. Last year the export of Tajik products amounted to just over […]
Read more ›Trans-Afghan railway to be complete within 5 years, says Uzbek official
Uzbek Deputy Minister of Transport, Zhasurbek Choriyev said in a statement Tuesday the Trans-Afghan railway Termez – Mazar-e Sharif – Kabul – Peshawar will be completed within five years and that surveys will be conducted from early next month. Choriyev said in a statement, delivered at this week’s meeting on Afghanistan in Tashkent, an orthophoto survey of the railway route […]
Read more ›Tashkent conference calls for inclusive government in Afghanistan
Formation of a government on the basis of “broad representation” was emphasized in an international conference on Afghanistan that was held in the Uzbek capital Tashkent on Tuesday. Ensuring women’s rights and access of Afghan girls to receive a full school education was also emphasized, according to a statement released by the hosts. “That will be a fundamental condition for […]
Read more ›Kajaki Dam power plant project officially inaugurated
The Kajaki Dam hydroelectric power plant project in Helmand province was officially inaugurated Wednesday after being completed at a cost of $174 million. This key project, which will supply 100 megawatts of power, will serve the people of Helmand and Kandahar provinces. Afghanistan’s Deputy Prime Minister Mullah Abdul Ghani Baradar Akhund said at the inauguration, which was attended by a […]
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