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MoCI in talks with World Bank to resolve Afghanistan’s banking problem

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Ministry of Commerce and Industry (MoCI) officials said they have started discussions with the World Bank to resolve the current banking crisis in the country.

Officials said a delegation from the Islamic Emirate of Afghanistan (IEA) is holding talks with the World Bank on the issue.

“The Economic Commission, the Ministry of Commerce and Industry and the Ministry of Finance have a special program with the World Bank and the United Nations,” said Nooruddin Azizi, Minister of Commerce and Industry.

According to Azizi, some banks add to the challenges.

“Actually, there is no limitation in banking matters, but the banks themselves cause problems,” he said.

On the other hand, the private sector has said that the problems in Afghanistan’s banking system that arose after last year’s political developments have had a negative impact on the country’s commercial and economic activities and resulted in many problems for businessmen.

According to them, the country’s economy will get a quick boost if the IEA is able to resolve the banking problems.

“Some banks do transactions, but it takes time, but the fact that the Ministry of Finance and the Ministry of Commerce intend to talk with the World Bank in order to resolve banking problems is welcome,” said Khanjan Alokozai, a member of Afghanistan Chamber of Commerce and Investment (ACCI).

Economic experts believe that investment and economic growth in the country will be impossible until Afghanistan’s banking problems are resolved

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US orders immediate evacuations across Middle East amid escalating conflict

Officials described “serious safety risks” following coordinated weekend strikes on Iranian targets and subsequent retaliatory operations.

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The U.S. Department of State has issued an extraordinary directive urging American citizens to immediately depart more than a dozen countries across the Middle East, citing rapidly deteriorating security conditions following joint U.S.-Israeli strikes that killed Iran’s Supreme Leader, Ayatollah Ali Khamenei.

The sweeping advisory comes as retaliatory attacks, embassy closures and major air travel disruptions fuel growing instability across the region.

U.S. officials say the move reflects Washington’s assessment that the crisis could become prolonged and highly volatile, with potential consequences for global security and energy markets.

Broad Regional Advisory

The evacuation notice covers 14 countries and territories, including close U.S. partners such as Israel, Saudi Arabia and the United Arab Emirates. It marks one of the most expansive regional security alerts in recent history.

Officials described “serious safety risks” following coordinated weekend strikes on Iranian targets and subsequent retaliatory operations.

Americans have been urged to leave using commercial flights while they remain available, rather than waiting for potential government-organized evacuations should conditions worsen.

From Targeted Strike to Regional Crisis

The evacuation order follows the killing of Khamenei in coordinated operations that reportedly also targeted other senior Iranian officials. Tehran’s response has included strikes on U.S. and Israeli-linked sites, as well as threats directed at Gulf states and key energy infrastructure.

Concerns have intensified over security in the Strait of Hormuz, a vital shipping route for global oil supplies. Rising tensions in the waterway have already driven up energy prices amid fears of further disruption.

The United States has activated an inter-agency emergency task force to manage the unfolding crisis. President Donald Trump indicated the confrontation could extend beyond a month, underscoring expectations of sustained instability.

International Appeals for Restraint

Global leaders have called for urgent de-escalation. European Commission President Ursula von der Leyen and United Nations Secretary-General António Guterres both urged restraint and renewed diplomatic engagement, warning of severe humanitarian and security consequences.

Russia and China condemned the strike that killed Khamenei as a breach of international law, while France pressed Iran to return to negotiations over its nuclear and ballistic missile programs. The European Union has placed its Red Sea naval mission on heightened alert to safeguard maritime routes amid fears of spillover attacks.

Guidance for U.S. Citizens

Americans in affected countries are advised to contact 24-hour State Department assistance lines and enroll in the Smart Traveler Enrollment Program (STEP) to receive updates. Officials stress the urgency of departing while commercial flights are still operating, as mounting airspace closures and cancellations have already left large numbers of travelers stranded.

Analysts warn that transport disruptions and security risks could persist for days or weeks, urging U.S. citizens to prepare contingency plans in case of extended regional instability.

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AFC postpones Champions League matches amid escalating Middle East tensions

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The Asian Football Confederation (AFC) has announced the postponement of several major club fixtures in its West Region competitions due to the rapidly deteriorating security situation in the Middle East.

In a statement released Monday, the AFC confirmed that the AFC Champions League Elite 2025/26 Round of 16 first-leg matches in the West Region — originally scheduled for Monday, March 2, and Tuesday, March 3 — will be rescheduled.

The decision affects top clubs from countries including Saudi Arabia, Iran, Qatar, the United Arab Emirates, Iraq, and Uzbekistan, many of whom were preparing for high-stakes knockout ties.

The postponements also extend to the AFC Champions League Two 2025/26 and the AFC Challenge League 2025/26, where West Region quarter-final first-leg matches set to take place between March 3 and 4 have been delayed until further notice.

These competitions feature emerging and mid-tier clubs from across West and Central Asia, for whom continental progression carries significant financial and sporting importance.

The move comes amid escalating military tensions across parts of the Middle East, with airstrikes and cross-border hostilities raising concerns about travel safety, airspace closures, and the security of players and supporters.

Several countries in the region have experienced heightened alert levels, leading to logistical complications for international sporting events.

Clubs from nations directly or indirectly affected by the conflict — including teams from Iran, Saudi Arabia, Qatar, and the United Arab Emirates — now face uncertainty over revised travel plans, fixture congestion, and potential impacts on domestic league schedules.

However, the AFC confirmed that matches involving clubs from the East Region — including sides from Japan, South Korea, China, Thailand, Australia, and other East and Southeast Asian nations — will proceed as originally scheduled across all AFC club competitions.

“The AFC will continue to closely monitor this rapidly evolving situation and remains resolute in ensuring the safety and security of all players, teams, officials, and fans,” the governing body said in its statement.

The postponements underscore how escalating geopolitical tensions are now reverberating beyond politics and security, disrupting one of Asia’s premier sporting competitions and affecting clubs, supporters, and broadcasters across the continent.

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Bayat Foundation assists needy families in Kabul amid ongoing humanitarian crisis

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As Afghanistan continues to grapple with a severe humanitarian crisis compounded by economic hardship and heightened military tensions in the region, the Bayat Foundation has stepped up efforts to support vulnerable families in Kabul through its annual Ramadan assistance program.

This week, the foundation distributed food packages to dozens of struggling households in Kabul’s District 18. The packages include essential staples such as rice, flour, and cooking oil — basic necessities that many families are increasingly unable to afford amid high levels of unemployment, reduced incomes, and rising living costs.

Afghanistan remains one of the world’s most fragile humanitarian settings. Years of conflict, recurring natural disasters, economic isolation, and widespread poverty have left millions dependent on aid.

According to humanitarian agencies, a significant portion of the population faces food insecurity, with many families forced to skip meals or rely on limited assistance to survive. The situation has been further strained by recent regional tensions, which have disrupted trade routes and deepened economic uncertainty.

Speaking during the distribution, Haji Mohammad Esmail, Deputy Director of the Bayat Foundation, emphasized the organization’s ongoing commitment to assisting those in need.

“Continuing our annual Ramadan assistance [campaign], we are once again distributing aid this year. Today, we are in Kabul’s 18th district, providing food packages — including flour, oil, and rice — to a number of eligible families whose list was prepared by our team. Our assistance will continue both in Kabul and other provinces.”

For many recipients, the support offers not just food, but a measure of stability during an otherwise precarious time.

“I have no breadwinner at home; I am the one providing for my family. We are seven members,” said one woman receiving assistance. “Thank you — may God help you for assisting us poor people.”

Founded by Afghan businessman and philanthropist Dr Ehsanullah Bayat, the Bayat Foundation has been active in humanitarian and development work across Afghanistan for years. In addition to its annual Ramadan food drives, the organization has supported communities affected by earthquakes, floods, and harsh winters, provided healthcare initiatives, and contributed to educational and infrastructure projects in underserved areas.

As the holy month of Ramadan continues, the foundation says distributions will expand to other districts of Kabul and additional provinces, aiming to reach as many vulnerable families as possible during a period traditionally marked by charity, solidarity, and compassion.

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