The Taliban economy: Can Afghanistan avert a financial collapse? | Counting the Cost
Al Jazeera, 21 Aug 2021
The Taliban has the keys to the presidential place, but they do not have access to all the levers of power, including billions of dollars held overseas.
Washington stopped the shipment of dollars to Afghanistan before the government's fall. Without dollars, the currency will depreciate, causing inflation, increasing food prices and poverty. Jonah Blank, a lecturer at the National University of Singapore and senior political scientist at the Rand Corporation, explains the economic consequences.
And Pedro Martins, partner at law firm PGMBM, explains why he is pursuing a $7bn lawsuit in a London court over Brazil's worst environmental disaster.
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Washington stopped the shipment of dollars to Afghanistan before the government's fall. Without dollars, the currency will depreciate, causing inflation, increasing food prices and poverty. Jonah Blank, a lecturer at the National University of Singapore and senior political scientist at the Rand Corporation, explains the economic consequences.
And Pedro Martins, partner at law firm PGMBM, explains why he is pursuing a $7bn lawsuit in a London court over Brazil's worst environmental disaster.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/
