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China pledges $31 million in emergency support to Afghanistan

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China has offered $31m USD worth of aid to Afghanistan, as the nation transitions into Taliban control

The funding will pay for necessities including food supplies and coronavirus vaccines.

China’s financial aid comes as Beijing stated just weeks ago that it was ‘ready to maintain communication’ with the new Taliban government.

Beijing added further that the latest establishment of new government is a “necessary step to restore order” in Afghanistan.

KABUL, AFGHANISTAN – SEPTEMBER 07: Taliban spokesperson Zabihullah Mujahid holds a press conference in Kabul, Afghanistan on September 07 2021. Mujahid announced the new government to rule the country. ( Bilal Güler – Anadolu Agency )

The Taliban’s interim cabinet was announced last week, with the country declared an “Islamic Emirate”

The latest developments between the two nations come after US President Joe Biden stated that the U.S is still a “long way off” from recognising the Taliban government.

China has been quick to step in to rebuttal Biden’s comments

Chinese Foreign Minister Wang Yi confirmed that the aid measures for Taliban controlled Afghanistan in a meeting on Wednesday, together with counterparts from several of Afghanistan’s neighbours including Pakistan, Iran, Tajikistan, Uzbekistan and Turkmenistan.

The minister called on these countries to cooperate in helping Afghanistan, adding that China would also provide 3 million vaccine doses to the country.

China has also been vocally critical about the US’ withdrawal, saying its troops had “wrecked havoc” in Afghanistan

A state official said the US had inflicted “serious damage on the Afghan people from the very first day of its invasion to the last minute of its withdrawal”.

“What the US did in Afghanistan over the past two decades is a textbook example which shows us the consequences of wanton military intervention and attempts to impose one’s own ideology and values on others,”

said Foreign Ministry Spokesperson Wang Wenbin.

Officials of the Taliban militant group have described China as Afghanistan’s most important partner and pinned hopes on Chinese investment and the Asian nation’s support to ‘rebuild’ the war-torn country.

Beijing has moved to establish good relations with the militant group

Even before the Taliban took control of Afghanistan, China had invited representatives of the group over for talks in July, offering economic support for Afghanistan but however stressed that the war-torn nation should not be used as a staging point for terrorists.

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US government reopens amid unresolved political divisions

US government reopens after record shutdown, yet deep political rifts and funding uncertainties linger

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US government reopens after record shutdown, yet deep political rifts and funding uncertainties linger

In Short:
– U.S. government reopens after 43-day shutdown, causing disruption and unpaid federal workers.
– Political divisions persist, with unresolved issues and nearly equal blame for the shutdown on both parties.
The U.S. government is set to reopen following the longest shutdown in history, lasting 43 days.

This shutdown disrupted air travel and food assistance, leaving over 1 million federal workers unpaid.Political divisions remain despite the funding package allowing the government to resume operations. Republican President Donald Trump’s administration continues to challenge Congress on financial matters, and unresolved health subsidies remain a key issue.

Discontent within the Democratic Party is evident, as moderates and liberals disagree on how to handle Trump’s presidency.

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Federal employees affected by the shutdown will receive back pay, with payments expected to be completed by Wednesday. While Trump’s administration previously threatened to withhold pay, there are no current indications of this. The deal reached ensures that federal jobs safeguarded during the shutdown are maintained.

Air Travel Normalises

Air traffic is returning to normal after significant disruption during the shutdown.

The Department of Homeland Security announced bonuses for security screeners who worked extra shifts. State funding for food aid programs will be restored shortly, assisting millions of Americans dependent on these resources.

Polling reveals nearly equal blame for the shutdown is placed on both political parties. Upcoming funding decisions pose the threat of repeating the shutdown cycle as concerns about national debt persist.


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Markets brace as U.S. government reopens ahead of key Fed signals

U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.

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U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.


The U.S. government is funded through January, averting another shutdown for now, but economic data delays and shifting Fed expectations are keeping traders on edge.

Markets now price in a 64% chance of a December rate cut as officials deliver crucial speeches this week.

#USMarkets #FederalReserve #GovernmentShutdown #InterestRates #USEconomy #WallStreet #Inflation #Treasury #FinanceNews #GlobalMarkets


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Starmer under strain as leadership rumours grow

Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.

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Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.


UK Prime Minister Keir Starmer faces mounting internal pressure amid talk of a leadership challenge and economic strain ahead of the Autumn Budget.

Chancellor Rachel Reeves’ looming tax decisions and Starmer’s sinking approval ratings are fuelling speculation across Westminster.

#UKPolitics #KeirStarmer #LabourParty #RachelReeves #AutumnBudget #LeadershipChallenge #BritishPolitics #Westminster #Economy #UKNews


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