Afghanistan’s banking system may collapse within months, warns UN

Underscoring the need for urgent actions to prop up Afghanistan’s banks, the United Nations Monday warned that a spike in people unable to repay loans, lower deposits and a cash liquidity crunch could cause the financial system to collapse within months. In a three-page report on Afghanistan’s banking and financial system seen by Reuters, the مزید پڑھیں

Sudan military reinstates prime minister but protests continue

Sudan’s military reinstated Prime Minister Abdalla Hamdok on Sunday and promised to release all political detainees after weeks of deadly unrest triggered by a coup, though large crowds took to the streets to reject any deal involving the army. Under an agreement signed with military leader General Abdel Fattah al-Burhan, Hamdok, first appointed after the مزید پڑھیں

Xi tells Southeast Asian leaders China does not seek ‘hegemony’

Chinese President Xi Jinping told leaders of the 10-country Association of Southeast Asian Nations (Asean) at a summit on Monday that Beijing would not “bully” its smaller regional neighbours, amid rising tension over the South China Sea. Beijing’s territorial claims over the sea clash with those of several Southeast Asian nations and have raised alarm مزید پڑھیں

Germany’s gender-balanced cabinet takes shape as coalition deal nears

Germany’s next cabinet is taking shape as coalition negotiations near a deal, with chancellor-in-waiting Olaf Scholz determined to deliver on his campaign pledge to have as many women as men in his team, sources said on Saturday. Scholz’s centre-left Social Democrats (SPD), who narrowly won the federal election in September by beating Chancellor Angela Merkel’s مزید پڑھیں

Taliban has announced to pay overdue salaries of government workers

Afghanistan’s Taliban administration will begin paying the overdue salaries of government workers from Saturday, officials said. Thousands of Afghan government workers are owed at least three months of salary, one of the many crises faced by the Taliban since the movement took over the country in August. “The finance ministry says that starting today, the مزید پڑھیں

VP Kamala Harris to become first woman to get presidential powers as Biden undergoes health check

President Joe Biden will transfer power to Vice President Kamala Harris during the “brief” time on Friday he is under anaesthesia for a colonoscopy as part of a regular health check, the White House said. Biden, the oldest person to hold the presidency in US history, went to the Walter Reed Medical Centre just outside مزید پڑھیں

Philippines to allow foreign vaccinated tourists

The Philippines has approved a plan to allow entry soon to foreign tourists vaccinated against COVID-19, its tourism ministry said on Friday, following moves by other Southeast Asian countries to relax travel curbs. The coronavirus task force “approved in principle the entry of fully vaccinated tourists” from countries with low COVID-19 cases, the ministry said, مزید پڑھیں