UK and Canadian troops stand guard at Kabul airport, where thousands of people are hoping to board flights out of Afghanistan following the Taliban takeover. Photo: AFP
UK and Canadian troops stand guard at Kabul airport, where thousands of people are hoping to board flights out of Afghanistan following the Taliban takeover. Photo: AFP
UK and Canadian troops stand guard at Kabul airport, where thousands of people are hoping to board flights out of Afghanistan following the Taliban takeover. Photo: AFP
UK and Canadian troops stand guard at Kabul airport, where thousands of people are hoping to board flights out of Afghanistan following the Taliban takeover. Photo: AFP

Taliban: no extension to deadline for foreign troop withdrawal


Mina Aldroubi
  • English
  • Arabic

Follow the latest updates on Afghanistan here

The deadline for foreign troops to withdraw from Afghanistan will not be extended beyond the current deadline of August 31, a Taliban official has said.

The US has suggested that its forces may have to remain in the country beyond that date to fly Americans out of the capital Kabul.

But the Taliban are opposed to any delay spokesman and spokesman Suhail Shaheen said there would be consequences if foreign forces stayed longer.

“It's a red line. US President Joe Biden announced that on 31 August they would withdraw all their military forces, so if they extend it that means they are extending occupation while there is no need for that,” he told Sky News on Sunday.

“If the US or UK were to seek additional time to continue evacuations, the answer is no. Or there would be consequences.

“It will create mistrust between us. If they are intent on continuing the occupation, it will provoke a reaction."

Since the Taliban seized control of the country on August 15, Washington and its allies have flown about 28,000 people out of Afghanistan.

The US military has said it can fly more than 9,000 people out of Kabul every day.

The US has either flown or aided efforts to take about 42,000 people out of Afghanistan since the end of July, the official said.

The US is currently running Kabul airport and is co-ordinating the international evacuation effort.

“We see no reason why this tempo will not be kept up,” Mr Biden said on Sunday.

“What I’m not going to do is talk about the tactical changes we’re making to make sure we maintain as much security as we can.

“We have constantly, how can I say it, increased rational access to the airport, where more folk can get there more safely.

"It’s still a dangerous operation, but I don’t want to go into the detail of how we’re doing that.”

He later said the Taliban had been "co-operative in extending some of the perimeter" at the airport.

He could hold discussions about keeping US forces in Afghanistan beyond this month.

“Our hope is we will not have to extend, but there are going to be discussions, I suspect, on how far along we are in the process,” he said.

Australia is willing to support an extension to the withdrawal deadline if Washington backed the move, Foreign Minister Marise Payne said on Monday.

The UK Defence Ministry has released footage of British and US forces working together to keep Kabul airport secure as the evacuation effort continues.

On Sunday, troops were seen patrolling the perimeter as crowds of Afghans waited outside the airport's walls.

It also released an image of dozens of exhausted Afghans boarding a Royal Air Force C-17 transport aircraft.

British military personnel have been helping Afghans who are eligible for be relocated to the UK under the Afghan Relocation and Assistance Policy, the ministry said.

On Monday, Japan said it would send a military aircraft to Afghanistan to bring back its citizens.

More military transport planes are expected to be arrive to repatriate Japanese and Afghans who worked at the Japanese embassy or with Japanese missions, said Chief Cabinet Secretary Katsunobu Kato.

“This transportation is an urgent humanitarian measure to evacuate our nationals in such an exceptional situation,” he said.

Meanwhile, the World Health Organisation said it was unable to deliver 500 tonnes of medical supplies to Afghanistan because of flight restrictions at Kabul airport.

The shipment, which includes surgical equipment and childhood pneumonia treatments, was scheduled to be delivered this week.

“Now that the airport is closed to commercial flights, we can no longer get them in,” WHO spokeswoman Inas Hamam told Reuters.

The WHO has called for empty aircraft to divert to its storage centre in Dubai to collect the supplies before picking up people fleeing Afghanistan.

Biden faces backlash

Mr Biden has faced criticism at home and abroad over the deteriorating situation in Afghanistan, with US National Security Adviser Jake Sullivan saying on Monday that ISIS could be active near Kabul airport.

Republicans in Congress have increased their condemnation of Mr Biden’s response to the crisis in Afghanistan.

“If the Taliban is saying that Americans can travel safely to the airport, then there is no better way to make sure they get safely to the airport than to use our military to escort them,” Joni Ernst, a senator for Iowa and a military veteran, told ABC.

Ryan Crocker, who served as US ambassador to Afghanistan under presidents George W Bush and Barack Obama, told CBS that Mr Biden’s management of the withdrawal was catastrophic and unleashed a “global crisis".

Vice President Kamala Harris was also given plenty of reminders of the situation in Kabul during her visit to Singapore.

She faced several questions about the Biden administration's response during a joint press conference with Prime Minister Lee Hsien Loong.

Ms Harris said that while there “will be and should be a robust analysis of what has happened", the focus had to be on efforts to help “American citizens, Afghans who worked with us and vulnerable Afghans, including women and children".

“We cannot be in any way distracted from what must be our primary mission right now, which is evacuating people from that region who deserve to be evacuated,” she said.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Australia (15-1): Israel Folau; Dane Haylett-Petty, Reece Hodge, Kurtley Beale, Marika Koroibete; Bernard Foley, Will Genia; David Pocock, Michael Hooper (capt), Lukhan Tui; Adam Coleman, Izack Rodda; Sekope Kepu, Tatafu Polota-Nau, Tom Robertson.

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Start the week as you mean to go on. So get your training on strong on a Monday.

Train hard, but don’t take it all so seriously that it gets to the point where you’re not having fun and enjoying your friends and your family and going out for nice meals and doing that stuff.

Think about what you’re training or eating a certain way for — don’t, for example, get a six-pack to impress somebody else or lose weight to conform to society’s norms. It’s all nonsense.

Get your priorities right.

And last but not least, you should always, always chill on Sundays.

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

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Dr Miriam Bradley, senior lecturer in humanitarian studies at the University of Manchester, has argued that, by the early 1980s, “several government policies combined to cause, rather than prevent, a famine which lasted from 1983 to 1985. Mengistu’s government imposed Stalinist-model agricultural policies involving forced collectivisation and villagisation [relocation of communities into planned villages].
The West became aware of the catastrophe through a series of BBC News reports by journalist Michael Buerk in October 1984 describing a “biblical famine” and containing graphic images of thousands of people, including children, facing starvation.

Band Aid

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