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One month after fall of Kabul, economic crisis stalks Taliban

(Reuters) - A month after seizing Kabul, the Taliban face daunting problems as they seek to convert their lightning military victory into a durable peacetime government. After...

(Reuters) - A month after seizing Kabul, the Taliban face daunting problems as they seek to convert their lightning military victory into a durable peacetime government.

After four decades of war and the deaths of tens of thousands of people, security has largely improved, but Afghanistan's economy is in ruins despite hundreds of billions of dollars in development spending over the past 20 years.

Drought and famine are driving thousands https://www.reuters.com/video/watch/idPxFY?now=true from the country to the cities, and the World Food Programme fears food could run out by the end of the month, pushing up to 14 million people to the brink of starvation.

While much attention in the West has focused on whether the new Taliban government will keep its promises to protect women's rights or offer shelter to militant groups like al Qaeda, for many Afghans the main priority is simple survival.

"Every Afghan, kids, they are hungry, they don't have a single bag of flour or cooking oil," said Kabul resident Abdullah.

Long lines still form outside banks, where weekly withdrawal limits of $200 or 20,000 afghani have been imposed to protect the country's dwindling reserves.

Impromptu markets where people sell household goods for cash have sprung up across Kabul, although buyers are in short supply.

Even with billions of dollars in foreign aid, Afghanistan's economy had been struggling, with growth failing to keep pace with the steady increase in population. Jobs are scarce and many government workers have been unpaid since at least July.

While most people appear to have welcomed the end of fighting, any relief has been tempered by the near-shutdown of the economy.

"Security is quite good at the moment but we aren't earning anything," said a butcher from the Bibi Mahro area of Kabul, who declined to give his name. "Every day, things get worse for us, more bitter. It's a really bad situation."

AID FLIGHTS

Following the chaotic foreign evacuation of Kabul last month, the first aid flights have started to arrive as the airport reopens.

International donors have pledged over $1 billion https://www.reuters.com/world/asia-pacific/un-seeks-600-million-avert-afghanistan-humanitarian-crisis-2021-09-12 to prevent what United Nations Secretary-General Antonio Guterres warned could be "the collapse of an entire country."

But world reaction to the government of Taliban veterans and hardliners announced last week has been cool https://www.reuters.com/world/asia-pacific/world-wary-taliban-government-afghans-urge-action-rights-economy-2021-09-08, and there has been no sign of international recognition or moves to unblock more than $9 billion in foreign reserves held outside Afghanistan.

Although Taliban officials have said they do not intend a repeat of the harsh fundamentalist rule of the previous government, toppled by a U.S.-led campaign following the Sept. 11, 2001 attacks, they have struggled to convince the outside world that they have really changed.

Widespread reports of civilians being killed https://www.reuters.com/world/asia-pacific/un-rights-boss-says-has-credible-reports-taliban-executions-2021-08-24 and journalists and others being beaten, and doubts about whether the rights of women really will be respected under the Taliban's interpretation of Islamic law, have undermined confidence.

In addition, there has been deep mistrust of senior government figures like the new interior minister Sirajuddin Haqqani, designated by the United States as a global terrorist with a $10 million bounty on his head.

To make matters worse for the Taliban, the movement has had to fight speculation over deep internal splits in its own ranks, denying rumours https://www.reuters.com/world/asia-pacific/taliban-deny-their-deputy-prime-minister-mullah-baradar-is-dead-2021-09-14 that Deputy Prime Minister Abdul Ghani Baradar had been killed in a shootout with Haqqani supporters.

Officials say the government is working to get services up and running again and that the streets are now safe, but as the war recedes, resolving the economic crisis is looming as a bigger problem.

"Thefts have disappeared. But bread has also disappeared," said one shopkeeper.

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27-09-2021 19:55:20 (UTC+7)

EUR/USD

1.1707

-0.0007 (-0.06%)

Summary

Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (5)

Sell (2)

EUR/USD

1.1707

-0.0007 (-0.06%)

Summary

Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (5)

Sell (2)

GBP/USD

1.3708

+0.0026 (+0.19%)

Summary

Neutral

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (5)

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USD/JPY

110.86

+0.14 (+0.12%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (2)

Sell (9)

AUD/USD

0.7266

+0.0008 (+0.11%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (3)

USD/CAD

1.2663

+0.0011 (+0.09%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

EUR/JPY

129.78

+0.08 (+0.06%)

Summary

Neutral

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Buy (8)

Sell (4)

Indicators:

Buy (3)

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EUR/CHF

1.0852

+0.0029 (+0.27%)

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↑ Buy

Moving Avg:

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Sell (1)

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Gold Futures

1,754.15

+2.45 (+0.14%)

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↑ Buy

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Indicators:

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Silver Futures

22.677

+0.252 (+1.12%)

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Copper Futures

4.2735

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Crude Oil WTI Futures

75.39

+1.41 (+1.91%)

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Neutral

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Brent Oil Futures

78.61

+1.38 (+1.79%)

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Neutral

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Natural Gas Futures

5.513

+0.313 (+6.02%)

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Neutral

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Buy (3)

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US Coffee C Futures

193.60

-0.75 (-0.39%)

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↑ Buy

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Buy (8)

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Euro Stoxx 50

4,166.85

+8.34 (+0.20%)

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↑ Buy

Moving Avg:

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Indicators:

Buy (9)

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S&P 500

4,455.48

+6.50 (+0.15%)

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↑ Sell

Moving Avg:

Buy (3)

Sell (9)

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Sell (8)

DAX

15,571.85

+40.10 (+0.26%)

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Moving Avg:

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Buy (6)

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FTSE 100

7,052.03

+0.55 (+0.01%)

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↑ Buy

Moving Avg:

Buy (8)

Sell (4)

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Buy (8)

Sell (1)

Hang Seng

24,208.78

+16.62 (+0.07%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

US Small Cap 2000

2,253.88

-5.16 (-0.23%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (11)

IBEX 35

8,981.50

+108.40 (+1.22%)

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Sell

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Buy (6)

Sell (6)

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Buy (1)

Sell (8)

BASF SE NA O.N.

64.500

+0.800 (+1.26%)

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↑ Sell

Moving Avg:

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Sell (12)

Indicators:

Buy (1)

Sell (7)

Bayer AG NA

47.20

+0.72 (+1.55%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

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Buy (1)

Sell (7)

Allianz SE VNA O.N.

195.19

+2.85 (+1.48%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

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Buy (0)

Sell (9)

Adidas AG

279.23

-2.34 (-0.83%)

Summary

Sell

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Buy (3)

Sell (9)

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Buy (2)

Sell (3)

Deutsche Lufthansa AG

6.455

+0.222 (+3.56%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (7)

Siemens AG Class N

146.73

-1.38 (-0.93%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (3)

Sell (2)

Deutsche Bank AG

10.966

+0.131 (+1.21%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

 EUR/USD1.1707Buy
 GBP/USD1.3708Neutral
 USD/JPY110.86↑ Sell
 AUD/USD0.7266↑ Buy
 USD/CAD1.2663↑ Sell
 EUR/JPY129.78Neutral
 EUR/CHF1.0852↑ Buy
 Gold1,754.15↑ Buy
 Silver22.677Sell
 Copper4.2735↑ Buy
 Crude Oil WTI75.39Neutral
 Brent Oil78.61Neutral
 Natural Gas5.513Neutral
 US Coffee C193.60↑ Buy
 Euro Stoxx 504,166.85↑ Buy
 S&P 5004,455.48↑ Sell
 DAX15,571.85Buy
 FTSE 1007,052.03↑ Buy
 Hang Seng24,208.78↑ Buy
 Small Cap 20002,253.88↑ Sell
 IBEX 358,981.50Sell
 BASF64.500↑ Sell
 Bayer47.20↑ Sell
 Allianz195.19↑ Sell
 Adidas279.23Sell
 Lufthansa6.455↑ Sell
 Siemens AG146.73Neutral
 Deutsche Bank AG10.966↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank5,665/ 5,715
(5,665/ 5,715) # 900
SJC HCM5,635/ 5,700
(0/ 0) # 885
SJC Hanoi5,635/ 5,702
(0/ 0) # 887
SJC Danang5,635/ 5,702
(0/ 0) # 887
SJC Nhatrang5,635/ 5,702
(0/ 0) # 887
SJC Cantho5,635/ 5,702
(0/ 0) # 887
Cập nhật 27-09-2021 19:55:57
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ↀ Giá vàng thế giới
$1,753.06+3.560.20%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2204022480
RON 95-II,III2194022370
E5 RON 92-II2071021120
DO 0.05S1658016910
DO 0,001S-V1693017260
Dầu hỏa1564015950
ↂ Giá dầu thô thế giới
WTI$75.30-0.61-0.81%
Brent$78.65-0.64-0.82%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.630,0022.860,00
EUR25.993,7727.346,60
GBP30.324,2231.591,18
JPY200,45212,05
KRW16,7520,39
Cập nhật lúc 18:54:42 27/09/2021
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