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Money exchangers protest against Biden’s move to use funds for 9/11 victims
Hundreds of money exchangers and members of the private sector on Tuesday protested in Kabul against US President Joe Biden’s decision to release Afghanistan’s frozen assets to pay victims of the 9/11 attack and use for humanitarian aid.
The protestors called on the US to release all Afghan assets and return the full amount of about $7 billion to Afghanistan.
They also urged the international community to take steps to help secure the funds for Afghanistan.
“We want the United Nations to hand over all Afghanistan’s money to Afghans. We have a lot of problems,” said Rohullah, one protestor.
“The US president’s decision contravenes all international laws. We Afghans never handed over our assets to Americans,” said Abdul Matin, another protestor.
Members of the private sector and money exchangers union said that Afghans were not involved in the 9/11 attacks and that the US can’t hand over Afghanistan’s money to pay 9/11 attack victims.
“We urge the international community to hand over Afghanistan’s money. The US president’s decision is against all laws,” said Qazi Mir Afghan Safi, head of the money exchangers’ union.
“The $3.5 billion that Biden allocated for compensation [for 9/11 victims] is rightfully the money of Afghans and should be returned,” said Abdurahman Zerak, a member of the money exchange market, Sarai Shahzada.
Economic analysts meanwhile have also called on the United Nations (UN) to prevent the implementation of Biden’s decision.
“The US president’s decision is very cruel and controlling. It contradicts all international political and economic principles, it is not forgivable,” said Taj Mohammad Talish, an economic analyst.
Afghan officials meanwhile say that Biden’s decision will have an adverse effect on the country’s already struggling economy and that poverty levels will increase considerably.
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Afghanistan signs 30-year deal for marble mining in Daikundi
The Ministry of Mines and Petroleum of Afghanistan has signed a 30-year agreement with a private company to extract marble in Daikundi province.
Under the contract, the company will invest AFN 283 million in exploring and mining marble at the “Mesh-Uliya” site, spanning 16.74 square kilometers in central Daikundi.
Hedayatullah Badri, Minister of Mines and Petroleum, stated that the marble will be processed domestically before being exported abroad. He added that the Mesh-Uliya project is expected to create around 200 jobs, and the company is committed to supporting local communities through social initiatives.
Economic experts highlight that such investments, especially those focusing on domestic processing, are crucial for job creation, boosting exports, and strengthening the national economy. Analysts further note that the project will improve local infrastructure, expand social services, and enhance the economic and social well-being of Daikundi residents.
Since the return of the Islamic Emirate to power, efforts to develop Afghanistan’s mining sector have intensified, with multiple contracts signed in areas including cement, copper, iron, and lapis lazuli, involving both domestic and international companies.
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Passenger bus veers off Salang Highway, leaving 5 dead, dozens injured
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Major fire in Mandawi Kabul market contained, extensive losses prevented
Local shopkeepers said the fire broke out around 4 a.m.
The Ministry of Interior reported that personnel from the General Directorate of Firefighting and Emergency Response successfully prevented the further spread of a fire at Mandawi market on Kabul early Sunday morning.
Abdul Mateen Qani, spokesperson for the ministry, said that the fire destroyed 10 storage facilities and 8 shops. He added that initial losses are estimated at around $700,000, but timely action by firefighting personnel saved property worth approximately $2.2 million.
Qani explained that the fire was caused by an electrical short circuit. He praised the rapid and effective containment operations, which prevented more extensive damage.
Local shopkeepers said the fire broke out around 4 a.m.
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