Afghanistan on verge of socio-economic collapse — EU top diplomat

People rush to pass to Pakistan from the Afghanistan border in Spin Boldak on September 25, 2021. (AFP)
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Updated 03 October 2021
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Afghanistan on verge of socio-economic collapse — EU top diplomat

  • $9 billion of Afghanistan’s assets held in foreign central bank reserves have been frozen since the Taliban took power in August
  • EU foreign policy chief says Taliban have to comply with conditions that would enable more international assistance

BRUSSELS: Afghanistan is facing a breakdown of its economic and social systems that risks turning into a humanitarian catastrophe, the European Union’s foreign policy chief said on Sunday.
Avoiding the worst-case scenario would require the Taliban to comply with conditions that would enable more international assistance, Josep Borrell wrote in a blog post.
“Afghanistan is experiencing a serious humanitarian crisis and a socio-economic collapse is looming, which would be dangerous for Afghans, the region and international security,” Borrell wrote.
Food prices in the country have jumped more than 50 percent since the Taliban took power in August as the freezing of $9 billion of Afghanistan’s assets held in foreign central bank reserves and the withdrawal of foreign income stokes inflation.
The Afghan banking system is largely paralyzed, with people unable to withdraw money, while the country’s health system — which was heavily dependent on foreign aid — is close to collapse, according to Borrell.
“If the situation continues and with winter approaching, this risks turning into a humanitarian catastrophe,” he wrote, adding that this could trigger mass migration into neighboring states.
The 27-country EU has increased its humanitarian aid to Afghanistan since the Taliban took power, but halted its development assistance — a move also taken by other countries and the World Bank.
The EU response to the crisis would depend on the behavior of the new Afghan authorities, Borrell said, and any resumption of relations would require compliance with conditions including human rights.
“This requires above all that the Taliban take the steps that will enable the international community to assist the Afghan people,” he said, adding that female staff from international agencies must be able to do their job.
Widespread reports of human rights abuses and the exclusion of girls from schools have dented optimism that the Taliban’s approach has changed since it first ran Afghanistan between 1996 and 2001.
Borrell met Qatari officials last week in the Qatari capital Doha, where the Taliban have a representation.
He said Qatar’s contacts with the Taliban were aimed at moderating their behavior, and urged Doha to use its contacts with them to ensure the “worst scenario” for Afghanistan could be avoided. 


‘Doomsday Clock’ moves closer to midnight over threats from nukes, climate change, AI

Updated 28 January 2026
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‘Doomsday Clock’ moves closer to midnight over threats from nukes, climate change, AI

  • At the end of the Cold War, the clock was as close as 17 minutes to midnight. In the past few years, to address rapid global changes, the group has changed from counting down the minutes until midnight to counting down the seconds

WASHINGTON: Earth is closer than it’s ever been to destruction as Russia, China, the US and other countries become “increasingly aggressive, adversarial, and nationalistic,” a science-oriented advocacy group said Tuesday as it advanced its “Doomsday Clock” to 85 seconds till midnight.

The Bulletin of the Atomic Scientist members had an initial demonstration on Friday and then announced their results on Tuesday.

The scientists cited risks of nuclear war, climate change, potential misuse of biotechnology and the increasing use of artificial intelligence without adequate controls as it made the annual announcement, which rates how close humanity is from ending.

Last year the clock advanced to 89 seconds to midnight.

Since then, “hard-won global understandings are collapsing, accelerating a winner-takes-all great power competition and undermining the international cooperation” needed to reduce existential risks, the group said.

They worry about the threat of escalating conflicts involving nuclear-armed countries, citing the Russia-Ukraine war, May’s conflict between India and Pakistan and whether Iran is capable of developing nuclear weapons after strikes last summer by the US and Israel.

International trust and cooperation is essential because, “if the world splinters into an us-versus-them, zero-sum approach, it increases the likelihood that we all lose,” said Daniel Holz, chair of the group’s science and security board.

The group also highlighted droughts, heat waves and floods linked to global warming, as well as the failure of nations to adopt meaningful agreements to fight global warming — singling out US President Donald Trump’s efforts to boost fossil fuels and hobble renewable energy production.

Starting in 1947, the advocacy group used a clock to symbolize the potential and even likelihood of people doing something to end humanity. 

At the end of the Cold War, it was as close as 17 minutes to midnight. In the past few years, to address rapid global changes, the group has changed from counting down the minutes until midnight to counting down the seconds.

The group said the clock could be turned back if leaders and nations worked together to address existential risks.