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
Make us preferred on Google

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

What is the “AI race” anyway?
Talk of the “AI race” is everywhere these days. The competition to master this technology shapes everything from high-level tensions between the US and China to the local politics of where to build data centers. And the stakes are high. Whoever masters AI will “rule the world,” according to Russian President Vladimir Putin. US President Donald [...]
Oil hits six-month high
Will Fitzpatrick
Ongoing Houthi attacks on Saudi Arabia have raised concerns about further disruptions to global energy supplies, especially after Saudi state oil company Aramco ordered the evacuation of its headquarters on Thursday. And the situation could get worse: The US and Israel are reportedly discussing renewed new strikes on Iran after the US midterms in [...]
​Brazilian presidential candidate Flavio Bolsonaro speaks during a presidential debate, ahead of the runoff presidential election, in Sao Paulo, Brazil, October 18, 2026.

Brazilian presidential candidate Flavio Bolsonaro speaks during a presidential debate, ahead of the runoff presidential election, in Sao Paulo, Brazil, October 18, 2026.

REUTERS/Jean Carniel
Brazil finally decides: Lula or Bolsonaro?After a deeply polarizing campaign, Brazilian voters will finally go to the polls on Sunday to choose: left-wing incumbent Luiz Inácio “Lula” da Silva, who has served three terms since 2002, or right-winger Flávio Bolsonaro, whose father, former President Jair Bolsonaro, was jailed for plotting a coup. [...]
In this special edition of “ask ian,” Ian Bremmer reflects on the life and passing of his beloved dog, Moose. [...]