Connect with us

Government

Taliban Enter Afghan Capital as US Diplomats Evacuate by Chopper

Published

on

Taliban - Investors King

Taliban insurgents entered the Afghanistan capital Kabul on Sunday, an interior ministry official said, as the United States evacuated diplomats from its embassy by helicopter.

The senior official told Reuters the Taliban were coming in “from all sides” but gave no further details.

A tweet from the Afghan Presidential palace account said firing had been heard at a number of points around Kabul but that security forces, in coordination with international partners, had control of the city.

U.S. officials said the diplomats were being ferried to the airport from the embassy in the fortified Wazir Akbar Khan district. More American troops were being sent to help in the evacuations after the Taliban’s lightning advances brought the Islamist group to Kabul in a matter of days.

Just last week, a U.S. intelligence estimate said Kabul could hold out for at least three months.

“Core” U.S. team members were working from the Kabul airport, a U.S. official said, while a NATO official said several EU staff had moved to a safer, undisclosed location in the capital.

A Taliban official told Reuters the group did not want any casualties as it took charge but had not declared a ceasefire.

There was no immediate word on the situation from President Ashraf Ghani, who said on Saturday he was in urgent consultations with local leaders and international partners on the situation.

Afghanistan - Investors KingEarlier on Sunday, the insurgents captured the eastern city of Jalalabad without a fight, giving them control of one of the main highways into landlocked Afghanistan. They also took over the nearby Torkham border post with Pakistan, leaving Kabul airport the only way out of Afghanistan that is still in government hands.

The capture of Jalalabad followed the Taliban’s seizure of the northern city of Mazar-i-Sharif late on Saturday, also with little fighting.

“There are no clashes taking place right now in Jalalabad because the governor has surrendered to the Taliban,” a Jalalabad-based Afghan official told Reuters. “Allowing passage to the Taliban was the only way to save civilian lives.”

A video clip distributed by the Taliban showed people cheering and shout Allahu Akbar – God is greatest – as a convoy of pick-up trucks entered the city with fighters brandishing machine guns and the white Taliban flag.

After U.S.-led forces withdrew the bulk of the their remaining troops in the last month, the Taliban campaign accelerated as the Afghan military’s defences appeared to collapse.

President Joe Biden on Saturday authorised the deployment of 5,000 U.S. troops to help evacuate citizens and ensure an “orderly and safe” drawdown of military personnel. A U.S. defence official said that included 1,000 newly approved troops from the 82nd Airborne Division.

Taliban fighters entered Mazar-i-Sharif virtually unopposed as security forces escaped up the highway to Uzbekistan, about 80 km (50 miles) to the north, provincial officials said. Unverified video on social media showed Afghan army vehicles and men in uniforms crowding the iron bridge between the Afghan town of Hairatan and Uzbekistan.

Two influential militia leaders supporting the government – Atta Mohammad Noor and Abdul Rashid Dostum – also fled. Noor said on social media that the Taliban had been handed control of Balkh province, where Mazar-i-Sharif is located, due to a “conspiracy.”

Popularly Accepted

In a statement late on Saturday, the Taliban said its rapid gains showed it was popularly accepted by the Afghan people and reassured both Afghans and foreigners that they would be safe.

The Islamic Emirate, as the Taliban calls itself, “will, as always, protect their life, property and honour, and create a peaceful and secure environment for its beloved nation,” it said, adding that diplomats and aid workers would also face no problems.

Afghans have fled the provinces to enter Kabul in recent days, fearing a return to hardline Islamist rule.

Early on Sunday, refugees from Taliban-controlled provinces were seen unloading belongings from taxis and families stood outside embassy gates, while the city’s downtown was packed with people stocking up on supplies.

Hundreds of people slept huddled in tents or in the open in the city, by roadsides or in car parks, a resident said on Saturday night. “You can see the fear in their faces,” he said.

Biden said his administration had told Taliban officials in talks in Qatar that any action that put U.S. personnel at risk “will be met with a swift and strong U.S. military response.”

He has faced rising domestic criticism as the Taliban have taken city after city far more quickly than predicted. The president has stuck to a plan, initiated by his Republican predecessor, Donald Trump, to end the U.S. military mission in Afghanistan by Aug. 31.

Biden said it is up to the Afghan military to hold its own territory. “An endless American presence in the middle of another country’s civil conflict was not acceptable to me,” Biden said on Saturday.

Qatar, which has been hosting so-far inconclusive peace talks between the Afghan government and the Taliban, said it had urged the insurgents to cease fire. Ghani has given no sign of responding to a Taliban demand that he resign as a condition for any ceasefire.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

Continue Reading
Comments

Government

Lagos Eyes Investment Surge as Sanwo-Olu Unveils Growth Strategy

Published

on

sanwo-olu

Governor Babajide Sanwo-Olu of Lagos State is spearheading a bold push to attract significant investment inflow to boost the state’s economic growth.

During a Pre-Summit Investor Roundtable at the Africa Social Impact Summit (ASIS 3.0), held at Eko Hotels and Suites, the governor outlined strategic opportunities for investors.

With the theme “Invest Lagos – Investment Opportunities,” the summit was organized by the Sterling One Foundation in collaboration with the Ministry of Commerce, Cooperatives, Trade, and Investment.

Attended by business leaders, chambers of commerce, and industry captains, the event underscored Lagos’ potential as a hub for economic activity.

Sanwo-Olu highlighted Lagos’ positive economic outlook, citing an expanding population and sustainable infrastructure as key growth drivers.

Despite challenging business environments, the state’s economy has shown resilience, welcoming new investments while sustaining existing ones.

The governor emphasized reforms aimed at improving the ease of doing business. He mentioned that digitizing services had reduced bureaucratic hurdles, fostering a stable business climate.

Sanwo-Olu assured potential investors of the state’s commitment to creating a supportive environment that ensures returns and security for investments.

“In the last five years, Lagos’ GDP has grown by 50 percent,” Sanwo-Olu stated. “We aim to sustain this growth and ensure the gains of the past years are not reversed.”

Sanwo-Olu identified sectors ripe for investment, including transportation, tourism, health insurance, and waterways. He expressed the government’s dedication to advancing development plans in these areas.

Commissioner for Commerce, Cooperatives, Trade, and Investment, Mrs. Folashade Ambrose-Medebem, highlighted Lagos’ economic strides, noting that the state’s GDP had increased from N27 trillion to N41 trillion in five years.

She detailed strategic investments, particularly the allocation of N550.7 billion for infrastructure in 2024, and the commitment of N44.33 billion to food security initiatives.

Sterling Bank’s Managing Director, Mr. Abubakar Suleiman, pointed out that economic growth in Africa is often hindered by an unstable investment climate.

The summit aimed to build investor confidence by fostering trust and transparency in business environments.

“Lagos remains a leading destination for investors,” Suleiman noted. “The state provides clarity and access to markets, maintaining consistency in its investment strategies.”

Sanwo-Olu’s administration continues to focus on diversifying Lagos’ economy through strategic investments in various sectors.

The state’s proactive approach has positioned it as a global city and an emerging African financial center.

The governor’s initiative is expected to further solidify Lagos’ reputation as a prime investment destination, paving the way for sustained economic growth and development.

Continue Reading

Government

Vice-President Harris Gathers Momentum as Democratic Nominee

Published

on

Kamala Harris

Vice-President Kamala Harris has secured the support needed to become the Democratic nominee for president.

This was after President Joe Biden announced he would not seek re-election, endorsing Harris as his successor.

According to CBS News, Harris has received endorsements from over 1,976 delegates, surpassing the threshold needed to clinch the nomination in the first round of voting at the Democratic National Convention (DNC) scheduled for August.

Delegations from at least 27 states have expressed full support, showcasing a strong backing across the nation.

In her address to campaign staff in Wilmington, Delaware, Harris expressed gratitude for the widespread support, adding that she committed to uniting the party and the country.

“We have 106 days until Election Day, and in that time, we have some hard work to do,” she stated.

Harris laid out her vision for America, contrasting it with that of her likely opponent, Donald Trump.

Speaking on the direction of the campaign thus far, she said “Our campaign has always been about two different versions of what we see as the future of our country. One focuses on the future, the other focuses on the past.”

She acknowledged the accomplishments of the Biden administration, highlighting her pride in serving as vice-president.

“My time serving as vice-president was one of the greatest honors of my life,” Harris said, underscoring her dedication to continuing the work they started.

In a phone call to his campaign team, Biden praised Harris, urging his supporters to rally behind her. “I’m hoping you’ll give every bit of your heart and soul that you gave to me to Kamala,” he said.

Despite stepping back from the race, Biden vowed to remain actively involved in supporting Harris and emphasized the importance of defeating Trump, calling him “a danger to this nation.”

Harris’s nomination marks a significant milestone, but challenges remain. The campaign will focus on addressing key issues such as healthcare, climate change, and economic inequality.

With millions of dollars pouring into her campaign since Biden’s announcement, Harris aims to capitalize on the momentum and build a coalition that appeals to a broad spectrum of voters.

As the DNC approaches, Harris is expected to formally accept the nomination, solidifying her position as the Democratic leader.

The coming months will be crucial as she works to unite the party and reach out to undecided voters. With her historic nomination, Harris stands poised to make a lasting impact on the future of American politics.

Continue Reading

Government

President Declines Nomination, Endorses Harris for 2024

Published

on

In a significant political announcement on his X.com account, President Joe Biden has decided to forgo the opportunity to seek re-election in 2024, instead throwing his full support behind Vice President Kamala Harris.

The surprise move, shared with the public this morning, represents a pivotal moment in the Democratic Party’s journey toward the upcoming presidential election.

In his statement, Biden said that his choice to step aside is driven by a desire to concentrate on his remaining duties as President.

He expressed gratitude for the opportunity to serve alongside Harris, calling her selection as his Vice President in 2020 “the best decision” he has made. “My fellow Democrats,” Biden began, “I have decided not to accept the nomination and to focus all my energies on my duties as President for the remainder of my term.”

The President’s announcement signifies a strategic shift in the 2024 election landscape. By endorsing Kamala Harris, Biden not only aims to consolidate support within the party but also to set the stage for a unified front against former President Donald Trump.

“Today I want to offer my full support and endorsement for Kamala to be the nominee of our party this year,” Biden declared. “Democrats — it’s time to come together and beat Trump. Let’s do this.”

This endorsement comes as a surprise to many, given Biden’s earlier commitment to seeking re-election.

However, it reflects a broader strategic maneuver to ensure party unity and strengthen the Democratic position in the face of a formidable opponent. By focusing on Harris, Biden aims to leverage her growing popularity and political acumen to fortify the party’s chances in the upcoming election.

Kamala Harris, who has served as Vice President since January 2021, will now be thrust into the spotlight as the presumptive Democratic nominee.

Her campaign is expected to build on the legacy of the current administration while addressing key issues facing the nation.

The move also raises the stakes for the Republicans, who will need to prepare for a robust campaign from a seasoned political leader in Harris.

As the 2024 election cycle ramps up, Biden’s endorsement is likely to reshape the dynamics of the race, influencing both Democratic strategies and Republican responses.

The coming months will be critical as Harris and her team work to solidify their platform and rally support from voters across the nation.

Continue Reading
Advertisement




Advertisement
Advertisement
Advertisement

Trending