Courtesy: UNODC
The Taliban's resurgence since 2001 has been largely funded by the creation of an opium economy and extortion. Now, with the withdrawal of U.S. troops, legitimate aid from Afghanistan and the freezing of Afghan funds abroad, the Taliban will revive its informal sources of finance to stay afloat. A look at the financing that brought the Taliban back to Kabul.
Courtesy: Xinhua
China has followed Sun Tzu’s strategy of focussing on alliances - building its own and weakening those of its adversaries. Beijing’s carefully nurtured formations in West and Central Asia are part of this global power projection, especially with Pakistan, Iran and now, the Taliban, through projects like the Belt and Road Initiative. India must recalibrate its China policy and push for concerted regional responses to emerge as a balancing force against it.
Courtesy: Haroon Sabawoon
The Taliban’s rapid advance towards Kabul shows clear signs of learning from previous failures. The chances of a revival of the old Northern Alliance are minimal. Regional powers are left with the option of maintaining diplomatic contact with the Taliban whilst not taking any assurances on trust.
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For years, Western countries have used sanctions as a means of economic warfare against their adversaries. Now, China and Russia are utilising the same tactic against the West. The United Nations Security Council is paralysed by differences between the five permanent members, leaving the tools of unilateral sanctions and counter-sanctions to proliferate at the cost of UN-approved multilateral sanctions.
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The UN turned 75 this year but instead of grand celebrations, the world witnessed an empty UNGA with world leaders addressing it via video screening because of the pandemic. The UN is under unprecedented stress and being shown up for its inability to tackle the challenges of today like the pandemics, climate change, terrorism or global peace and security. The institution's key governing structures, especially the UN Security Council, are inadequate and demand reform. India must now use gritty resolve to ensure its place in these governing structures.
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The OPEC’s proposed cut in oil production earlier this week may not enable the energy market to recover. Recovery is likely only after COVID-19 is brought under control, but there are ways India can capitalise on the current low oil prices for its own energy security
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Iran is reeling from the Coronavirus Disease (COVID-19), with no access to medicine or equipment due to severe sanctions, the continuing uncompromising position of world powers, and an ill-advised regime
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The upcoming Financial Action Task Force (FATF) plenary session 16-21 February will be crucial for both Pakistan and Iran as the anti-money laundering and anti-terrorist financing measures undertaken by the two countries will be reviewed by the 39 member states of the FATF. Decisions will be taken on their retention or removal from the grey list and black list respectively
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Sanctions, a form of imposing control and pressure, traditionally focused on countering nuclear proliferation and trade-related disputes. Recently countries have expanded their scope and impact by using them as potent tool of warfare
Courtesy: Ruhi Nooreyezdan
India has the largest number of Baha’is in the world today, followers of the world’s newest religion, which was founded in 19th-century Persia. Persecuted in their own country, they came to Bombay, which was already home to many Iranians, to purvey the message of their faith