Central Bank
Financial Sanctions – Hastening The US Economic Decline?
With the pivotal role played by the US military-industrial complex in WW II, the US displaced Britain as the dominant global economy and since then the US dollar has been…
By Col Deepak Kumar (Retd.)
Sri Lankan central bank governor resigns
BENGALURU (Reuters) - Sri Lankan central bank governor Ajith Nivard Cabraal said on Monday he submitted his resignation in the context of all cabinet ministers resigning. Cabraal announced his resignation…
Japan, U.S. finance chiefs pledge “maximum costs” for Russia
TOKYO (Reuters) -Japan and the United States pledged on Tuesday to work together to force Russia to "pay the high price" for its invasion of Ukraine, Finance Minister Shunichi Suzuki…
Russians queue for cash as West targets banks over Ukraine
MOSCOW/LONDON (Reuters) - Russians waited in long queues outside ATMs on Sunday, worried that new Western sanctions over Moscow's invasion of Ukraine will trigger cash shortages and disrupt payments. Moves…
Statement from Western allies on new sanctions against Russia
(Reuters) - Washington and its allies moved on Saturday to block some Russian banks' access to the SWIFT international payment system as part of more sanctions against Moscow as it…
Taliban call on Biden to reverse move to halve frozen Afghan funds
KABUL (Reuters) - The Taliban on Monday warned that it would reconsider its policy towards the United States if President Joe Biden did not reverse his "unjustified" decision to return…
Afghan central bank says U.S. plan for frozen funds an ‘injustice’
KABUL (Reuters) - Afghanistan's central bank on Saturday criticised Washington's plan to use half the bank's $7 billion in frozen assets on U.S. soil for humanitarian aid and set aside…
U.N. has millions in Afghanistan bank, but cannot use it
By Michelle Nichols UNITED NATIONS (Reuters) - The United Nations has about $135 million in the bank in Afghanistan but is unable to use it because the Taliban-run central bank…
Taliban ban use of foreign currency in Afghanistan -spokesman
Kabul (Reuters) - The Taliban announced a complete ban on the use of foreign currency in Afghanistan on Tuesday, a move sure to cause further disruption to an economy pushed…
Hundreds protest in Kabul to demand release of Afghan foreign reserves
(Reuters) - Hundreds of people protested in Kabul on Friday, demanding that the United States release billions of dollars in central bank reserves blocked outside Afghanistan as the new Taliban…
Taliban seize $12.4 million from former top Afghan officials
LONDON (Reuters) - Afghanistan's Taliban-controlled central bank said it had seized nearly $12.4 million in cash and gold from former top government officials on Wednesday, including former vice president Amrullah…
In risk to peace plan, rivalries hobble Libya’s economy
By Ahmed Elumami and Ayman al-Warfali TRIPOLI/BENGHAZI, Libya (Reuters) - Libya must reunify its fragmented economy and public finances if it stands any hope of ending a decade of violent…
