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World Bank halts funding for Afghanistan amid Taliban takeover

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The World Bank had committed more than $5.3 billion for development projects in Afghanistan – but all that has been halted

The World Bank says they are deeply concerned about the situation and the impact on the country’s development prospects, especially for women.

The comes as the International Monetary Fund decided to block the Taliban from accessing financial resources.

The Biden administration has also frozen the assets of Afghanistan’s central bank that are held in the US.

“We have paused disbursements in our operations in Afghanistan and we are closely monitoring and assessing the situation in line with our internal policies and procedures,” 

The EU has a similar stance who froze development funds for the nation.

The EU has pledged 200 million euros instead of 50 million for humanitarian assistance.

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Global stocks wobble as Davos kicks off and Trump reshapes geopolitics

Global markets faced volatility amid Davos discussions on inflation and Trump’s Greenland deal, heightening geopolitical risks.

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Global markets faced volatility amid Davos discussions on inflation and Trump’s Greenland deal, heightening geopolitical risks.


Global stock markets endured a volatile week as world leaders gathered in Switzerland for the World Economic Forum, with investors closely watching signals on inflation, interest rates and geopolitical risk.

The Davos meetings set a cautious tone, as uncertainty weighed on market sentiment across regions.

Adding to the tension, Donald Trump announced a deal involving Greenland, reigniting debate over strategic assets and global influence. The unexpected move injected fresh geopolitical risk into markets already grappling with an unsettled global outlook.

Kyle Rodda from Capital.com, breaks down how markets are reacting, what the Greenland announcement could mean for investors, and what to watch next as Davos concludes.

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#GlobalMarkets #Davos #WorldEconomicForum #Trump #Greenland #Stocks #Geopolitics #Ticker


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Zelenskyy reveals planned UAE talks with Russia and the United States

Zelenskyy announces trilateral talks with Russia and the US in UAE, urging stronger European political will at the World Economic Forum.

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Zelenskyy announces trilateral talks with Russia and the US in UAE, urging stronger European political will at the World Economic Forum.


Volodymyr Zelenskyy says trilateral talks with Russia and the United States are planned in the United Arab Emirates as efforts to end the war intensify.

He also criticised European leaders at the World Economic Forum, calling for stronger political will.


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Albanese apologises to Jewish community at Bondi attack memorial

Albanese apologizes to Jewish community, pledges to combat antisemitism after Bondi terror attack during Sydney memorial.

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Albanese apologizes to Jewish community, pledges to combat antisemitism after Bondi terror attack during Sydney memorial.


Anthony Albanese has apologised to the Jewish community, saying Australia failed to keep people safe after the Bondi terror attack.

Speaking at a memorial in Sydney, he pledged to confront antisemitism and stand with families and first responders in grief and unity.


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