Skip to content
Search

Latest Stories

News

What We're Watching: OIC cash for Afghanistan

What We're Watching: OIC cash for Afghanistan

Afghanistan's acting Foreign Minister Amir Khan Muttaqi is seen during the 17th extraordinary session of the Organisation of Islamic Cooperation (OIC) Council of Foreign Ministers on the Afghanistan situation, in Islamabad, Pakistan December 19, 2021.

REUTERS/Waseem Khan

An Islamic trust fund for Afghanistan. They didn’t officially recognize the Taliban government. They didn’t even allow the Taliban’s foreign minister to appear in the official group photograph. But foreign ministers from the 57-member Organization of Islamic Cooperation, the second-largest intergovernmental organization after the UN, met in Islamabad on Sunday and pledged to set up a trust fund to address the worsening humanitarian crisis in Afghanistan. Neither the exact amount of the fund nor the contributions by member countries was released, but may not match the $4.5 billion that the UN has appealed for aid to Afghanistan amid warnings that the Afghan economy is in a free-fall, with 23 million facing starvation. The lead organization of the fund will be the Islamic Development Bank, the OIC’s in-house global lender.

More For You

Europe’s first full solar eclipse in decades
Natalie Johnson
The skies over Greenland, Iceland, and Spain will briefly darken today as continental Europe experiences its first total solar eclipse in over 25 years. Millions more across Canada, the northern US, and northwest Africa will see a partial eclipse. The celestial spectacle has also revived an earthly debate: Do you really need special glasses to [...]
Oil tankers pass through the Strait of Hormuz, December 21, 2018.

Oil tankers pass through the Strait of Hormuz, December 21, 2018.

REUTERS/Hamad I Mohammed
The Strait escape Iran refused again on Tuesday to reopen the Strait of Hormuz unless the US meets its demands, flexing its leverage over the world’s most important artery for oil and gas shipping. But now, that leverage is prompting a rethink of global shipping routes. Saudi Arabia, one of the top oil producers in the world, plans to increase [...]
Residents dig through the debris of a collapsed building after an earthquake.

Residents dig through the debris of a collapsed building after an earthquake, in Cali, Colombia August 10, 2026.

REUTERS/Juan Pablo Arbelaez
Earthquake rocks Colombia days into new president’s termA 7.4 magnitude earthquake struck Colombia yesterday – at least 160 people have died, though officials expect the toll to rise as rescue efforts continue. The quake’s epicenter was in the Chocó region – one of Colombia’s poorest areas that has also been wracked with clashes in recent years [...]
Zambia’s elections put its democratic reputation to the test
Will Fitzpatrick
Zambians head to the polls this week in national elections that will test a country that’s garnered a reputation as one of southern Africa’s most stable democracies. Since Zambia returned to multiparty elections in 1991, it has had six different presidents from three different parties. President Hakainde Hichilema is seeking reelection after [...]