Taliban to Meet US on Releasing Frozen Afghan Funds after Quake

Afghans stand among destruction after an earthquake in Gayan village, in Paktika province, Afghanistan, Thursday, June 23, 2022. (AP Photo/Ebrahim Nooroozi)
Afghans stand among destruction after an earthquake in Gayan village, in Paktika province, Afghanistan, Thursday, June 23, 2022. (AP Photo/Ebrahim Nooroozi)
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Taliban to Meet US on Releasing Frozen Afghan Funds after Quake

Afghans stand among destruction after an earthquake in Gayan village, in Paktika province, Afghanistan, Thursday, June 23, 2022. (AP Photo/Ebrahim Nooroozi)
Afghans stand among destruction after an earthquake in Gayan village, in Paktika province, Afghanistan, Thursday, June 23, 2022. (AP Photo/Ebrahim Nooroozi)

The United States and the Taliban plan talks Thursday in Qatar on unlocking some of Afghanistan's reserves following a devastating earthquake, officials said, with Washington seeking ways to ensure the money goes to help the population.

The White House said it is working "urgently" on the effort, but a member of the Afghan central bank's board said it could take time to finalize, AFP reported.

The Taliban's foreign minister, Amir Khan Muttaqi, arrived in the Qatari capital Doha along with finance ministry and central bank officials for talks, Taliban foreign ministry spokesman Hafiz Zia Ahmed said.

The State Department said its envoy on Afghanistan, Tom West, would take part and said the United States was focused on a range of interests including human rights and opening schools for girls.

"None of these engagements should be seen as 'legitimizing' the Taliban or its so-called government but are a mere reflection of the reality that we need to have such discussions in order to advance US interests," said a spokesperson for the US State Department, which does not recognize Taliban rule over Afghanistan.

The Taliban took over in August 2021 after the United States gave up a 20-year military effort.

Washington at the time froze $7 billion in reserves and the international community halted billions in direct aid that Afghanistan and its population of roughly 40 million people had relied on.

The currency has collapsed and the country descended into a serious economic crisis, although some assistance has been restored.

Last week's 5.9-magnitude earthquake in eastern Afghanistan, which killed more than 1,000 people and left tens of thousands homeless, adds urgency to the funding debate.

"Negotiations are underway and it is our expectation that a final proposal under discussion will be finalized," said Shah Mehrabi, member of the Supreme Council of the Central Bank of Afghanistan.

However, details on "the mechanism to transfer the reserves to the Central Bank have not been finalized," he told AFP.

"It is going to take a while. These things do not happen overnight."

- 'Get these funds moving' -
White House Press Secretary Karine Jean-Pierre said over the weekend that efforts were underway "to get these funds moving" from the frozen reserves.

"We are urgently working to address complicated questions about the use of these funds to ensure they benefit the people of Afghanistan and not the Taliban," she told reporters traveling with President Joe Biden to Europe.

In question are $3.5 billion in frozen reserves, half the total blocked by the US government.

"I have argued that these reserves should be released to the Central Bank," said Mehrabi, who also is an economics professor at Montgomery College in the suburbs of the US capital.
He proposed a "limited, monitored release of reserves" of about $150 million each month to pay for imports.

That would help "stabilize prices and help meet the needs of ordinary Afghans so that they can afford to buy bread, cooking oil, sugar and fuel," alleviating the misery of families facing high inflation, he said.

Use of the funds "can be independently monitored and audited by external auditing firms with an option to terminate in the event of misuse," he said.

The United Nations has warned that half the country is threatened with food shortages.

The United States earlier said it was contributing nearly $55 million to relief efforts made more urgent by the earthquake, directing aid to groups working in Afghanistan.

The Taliban are still considered a terrorist group by the United States, which has insisted that any improvement of relations would be dependent on meeting key concerns, including on the treatment of women.

Biden in February gave the green light for the other half of the frozen reserves to go to compensating survivors and families of the victims of the September 11, 2001 attacks, which triggered the invasion in which the United States toppled the Taliban and kept afloat a pro-Western government for two decades.



Netanyahu Says Iran 'Tried to Kill' One of his Sons

Benjamin Netanyahu alongside his son Yair (AP file photo)
Benjamin Netanyahu alongside his son Yair (AP file photo)
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Netanyahu Says Iran 'Tried to Kill' One of his Sons

Benjamin Netanyahu alongside his son Yair (AP file photo)
Benjamin Netanyahu alongside his son Yair (AP file photo)

Israeli Prime Minister Benjamin Netanyahu said Monday that Iran had attempted to assassinate one of his two sons, without offering further details.

"Something incredible happened: Iran targeted one of my sons. Iran tried to kill one of my sons," Netanyahu said during a phone interview with Israel's Channel 14.

The claim came during a discussion about reports that the Shin Bet domestic security agency had declined to provide a security detail for Gadi Eisenkot, the former army chief who is running neck and neck with Netanyahu ahead of elections on October 27.

Netanyahu voiced support for around-the-clock protection for Eisenkot, saying it was "not a luxury".

"Without that, (the Iranians) will succeed," AFP quoted him as saying.

Netanyahu has two sons and a daughter. It remains unclear which of his sons was allegedly targeted.

His elder son, Yair, 35, has spent extended periods in Miami since early 2024, reportedly under Shin Bet protection.

His stay in the United States has attracted controversy in Israel over the cost to taxpayers of providing security, while some residents in south Florida have expressed concern that his presence could make the area a target for attacks by Israel's enemies.

Shortly after Netanyahu's remarks became public on Monday, prominent Israeli journalist Amit Segal wrote on his Telegram channel that the alleged assassination attempt had been known for "months" but was subject to a gag order.

Israel killed Iranian supreme leader Ali Khamenei in the opening salvo of US-Israeli strikes on February 28, along with some of his family members.

His son Mojtaba, one of Khamenei's six children, was named the new supreme leader a week later.

In a message read out on his behalf on state TV, Mojtaba Khamenei said that in addition to his father, he had lost his wife, his sister, her child and his brother-in-law.

Mojtaba Khamenei has not been seen in public since his appointment, and was reportedly wounded in the same strikes that killed his father.

In another message attributed to him and published on the occasion of funeral ceremonies for his father, the new leader pledged to "avenge the blood" of Ali Khamenei.


US Launches ‘Economic Onslaught’ Against Iran’s Financial Connections

WASHINGTON, DC - AUGUST 24: US Treasury Secretary Scott Bessent announces a new set of sanctions against Iran in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC. Chip Somodevilla/Getty Images/AFP
WASHINGTON, DC - AUGUST 24: US Treasury Secretary Scott Bessent announces a new set of sanctions against Iran in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC. Chip Somodevilla/Getty Images/AFP
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US Launches ‘Economic Onslaught’ Against Iran’s Financial Connections

WASHINGTON, DC - AUGUST 24: US Treasury Secretary Scott Bessent announces a new set of sanctions against Iran in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC. Chip Somodevilla/Getty Images/AFP
WASHINGTON, DC - AUGUST 24: US Treasury Secretary Scott Bessent announces a new set of sanctions against Iran in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC. Chip Somodevilla/Getty Images/AFP

US Treasury Secretary Scott Bessent unveiled Monday what he described as an "economic D-Day" that aims to give a final warning to countries to sever their business ties with Iran or risk having key companies and entities cut off from the dollar-based financial system.

"We are launching an economic onslaught against Iran’s financial connections around ⁠the globe. Our ⁠objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone," Bessent said.

He added that it’s “no longer acceptable to operate in the gray spaces” of the conflict.

He did not name what countries could face potential secondary sanctions from the United States.

“Let there be no ambiguity as to the position of the United States,” Bessent told a news conference. “An economic engagement of any kind with this murderous regime will expose those responsible to the full reach of American power.”

The US Treasury Department has mapped the networks, facilitators, and financial channels that Iran uses to smuggle oil and evade sanctions and said that Washington would be working with US partners to target any source of Iran's "illicit revenue."

The department said it has issued determinations against five sectors -- digital assets, technology, gold, ⁠aviation and shipping -- that the Iranian government is using to prop up its economy. The Treasury has also imposed sanctions on nearly 60 entities, individuals and vessels.

US President Donald Trump's war with Iran, which has pushed energy prices higher worldwide, is about to hit its six-month mark. While heavy fighting has ‌subsided, diplomatic efforts to end the war have stalled and oil and raw material shipping through the Strait of Hormuz ⁠remains blocked, ⁠keeping energy prices elevated.


Trump Says Iran 'Collapsing' Ahead of Sanctions Announcement

Motorcyclists pass a billboard depicting US President Donald Trump with hands around his neck beneath the words "Revenge is inevitable" in Tehran, Iran, Monday, Aug. 24, 2026. (AP Photo/Vahid Salemi)
Motorcyclists pass a billboard depicting US President Donald Trump with hands around his neck beneath the words "Revenge is inevitable" in Tehran, Iran, Monday, Aug. 24, 2026. (AP Photo/Vahid Salemi)
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Trump Says Iran 'Collapsing' Ahead of Sanctions Announcement

Motorcyclists pass a billboard depicting US President Donald Trump with hands around his neck beneath the words "Revenge is inevitable" in Tehran, Iran, Monday, Aug. 24, 2026. (AP Photo/Vahid Salemi)
Motorcyclists pass a billboard depicting US President Donald Trump with hands around his neck beneath the words "Revenge is inevitable" in Tehran, Iran, Monday, Aug. 24, 2026. (AP Photo/Vahid Salemi)

President Donald Trump said Monday that Iran is "collapsing" hours before the US government was set to announce details of what it says will be crushing sanctions against Tehran.

"IRAN IS COMPLETELY COLLAPSING!!!" Trump posted in his trademark all-caps style on his social media platform Truth Social.

“President Trump decimated Iran’s economy to a point where the rial has never been weaker and inflation has rarely been higher,” US Treasury Secretary Scott Bessent wrote Sunday in an opinion piece in the Financial Times.

“The regime’s final refuge now lies in the self-deception of fearful nations that still believe accommodating aggression can secure a durable peace.”