Afghanistan’s democratic gamble seems to have paid off handsomely for Hamid Karzai and all those who play private politics with him. For he must think politics in Afghanistan is a game; why else would he and his friends take the money and run? In the past year President Karzai has threatened to leave the safety […]
Politics turns on public finance; public finance turns on politics. Afghanistan is no different than the United States, or the United Kingdom on those terms. So it comes as a dismaying shock that the government of Afghanistan might have to bail out its largest and most important private bank. Kabul Bank has taken losses as […]