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Afghanistan Business

Afghanistan Business

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Business Afghanistan

Karzai's brother calls for U.S. To shore up Kabul Bank as withdrawals accelerate:

As depositors thronged branches of Afghanistan's biggest bank, Mahmoud Karzai, the brother of the Afghan president and a major shareholder in beleaguered Kabul Bank called on Thursday for intervention by the United States to head off a financial meltdown. Ref. Source 4

Afghanistan Business History & Civil Business Politics

Afghan bank officers' assets frozen:

Move targets leading shareholders and borrowers of Kabul Bank in the wake of serious liquidity crisis. Ref. Source 7

Business Afghanistan

Afghanistan facing insolvency within a month, say officials:

IMF rejection of proposals over Kabul Bank crisis, $820m bailout debts and suspension of aid leaves country in deepening crisis Ref. Source 9

Business Afghanistan

Afghanistan named as second most corrupt country in the world:

CORRUPTION HAS permeated every layer of Afghan society in the past 10 years, affecting everyday lives and sullying the highest levels of government. Ref. Source 2

Afghanistan Business

Afghanistan Tops Most Corrupt Countries Index:

Afghanistan is perceived to have one of the most corrupt public sectors in the world out of 176 countries surveyed, according to a report from Transparency International released Wednesday. Ref. Source 7

Afghanistan Business

Afghanistan announces 30 year gas agreement from TAPI natural gas pipeline:

Afghanistan has announced it has signed a 30 year gas sales and purchase agreement for the Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline. Ref. Source 8

Afghanistan Business Politics Business Civil & History

U.S. Watchdog: Afghanistan on the Brink of Blacklisting:

World powers are on the brink of blacklisting Afghanistan, further isolating the war-torn country and torpedoing its chances of ever joining the global marketplace, a top U.S. Watchdog official said Thursday Ref. Source 6