US sets up new fund for Kabul with Afghanistan’s own money

WASHINGTON: The United States said on Wednesday it was setting up an outside, professionally-run fund to manage $3.5 billion in Afghanistan’s reserves, concluding it cannot trust the Taliban leadership with the country’s money. The decision comes after talks between the Taliban and the United States failed to convince President Joe Biden’s administration that it should hand over assets frozen when the militants returned to power … Continue reading US sets up new fund for Kabul with Afghanistan’s own money