News
Taliban bans foreign currencies from being used in Afghanistan
The Taliban has revealed it is banning the use of foreign currencies in Afghanistan
The move to ban the use of foreign currencies such as the US dollar could further disrupt the Afghan economy which is already on the brink of collapse.
Afghanistan’s economy is struggling due to the withdrawal of international financial support after the Taliban took control.
“The economic situation and national interests in the country require that all Afghans use Afghani currency in their every trade,”
the Taliban said.
The US dollar has been used widely in Afghanistan’s markets
Currencies are also often used for trade in areas bordering Afghanistan’s neighbours such as Pakistan.
“The Islamic Emirate instructs all citizens, shopkeepers, traders, businessmen and the general public to henceforth conduct all transactions in Afghanis and strictly refrain from using foreign currency,” Taliban spokesman Zabihullah Mujahid said in a statement posted on Twitter.
“Anyone violating this order will face legal action,” the statement said
Following the takeover of Afghanistan by Taliban in August, billions of dollars of the country’s overseas assets were frozen by the US Federal Reserve and central banks in Europe.
“We believe that it’s essential that we maintain our sanctions against the Taliban but at the same time find ways for legitimate humanitarian assistance to get to the Afghan people. That’s exactly what we’re doing,”
Deputy United States Treasury Secretary Wally Adeyemo told the US Senate Banking Committee last month.
The militant group, which is now governing Afghanistan has called for the release of country’s assets that are being held overseas as the nation faces a severe cash crunch.
Afghanistan has also been hit by the exodus of foreign aid. Grants from overseas previously financed three quarters of its public spending.
News
Tensions rise as Iran threatens conflict and U.S. increases naval forces
Iran warns of regional conflict, labels European armies terrorists; U.S. boosts naval presence as both sides consider negotiations.
Iran warns of regional conflict, labels European armies terrorists; U.S. boosts naval presence as both sides consider negotiations.
Iran has warned of a potential regional conflict if the U.S. launches an attack, while labelling European armies as terrorists. Supreme Leader Ayatollah Ali Khamenei insisted that threats from President Trump will not intimidate the Iranian people.
The U.S. has ramped up its naval presence in the Middle East in response to mounting threats, amid speculation over Iran’s next moves. Iranian officials have denied claims of imminent naval exercises in the Strait of Hormuz, adding to global uncertainty.
News
Carlos Alcaraz becomes youngest man to complete career Grand Slam
Carlos Alcaraz, at 22, stuns tennis by winning the Australian Open, defeating Djokovic, and celebrating with a kangaroo tattoo.
Carlos Alcaraz, at 22, stuns tennis by winning the Australian Open, defeating Djokovic, and celebrating with a kangaroo tattoo.
Carlos Alcaraz has stunned the tennis world by winning the Australian Open, becoming the youngest man to complete a Career Grand Slam at just 22 years old.
The world number one beat Novak Djokovic in a thrilling four-set match, finishing 2-6, 6-2, 6-3, 7-5. Djokovic missed out on claiming his 25th Grand Slam title. To mark the milestone, Alcaraz revealed he plans to add a new tattoo of a kangaroo on his leg, joining his existing Eiffel Tower and Wimbledon strawberry tattoos.
#CarlosAlcaraz #AustralianOpen #GrandSlam #TennisHistory #NovakDjokovic #SportsNews #TennisTattoo #YoungChampion
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