Afghanistan has been thrown into turmoil over the past few days, and the effects of the fall of the government could go beyond the local market and affect the global financial markets also.
Taliban Takes Control Of Kabul
The biggest news in the world over the past few days is the Taliban taking control of Kabul and effectively replacing the Afghanistan government. The uncertainty comes after the United States and its allies withdrew their troops from the Middle Eastern country for the first time in a decade.
United States President Joe Biden decided earlier this year that the country would be pulling its troops from the Middle Eastern country for the first time since they were deployed after the 9/11 attack. According to the president, the US has spent over a trillion dollars, and it has achieved its objective in the country.
However, the Taliban didn’t take long before completely overrunning the Afghan military and gaining control of…