India’s Afghan Challenge

India’s Afghan ChallengeOn Aug. 3, a Toyota Corolla carrying three suicide bombers and a carload of explosives attempted to ram the Indian Consulate in the eastern Afghan city of Jalalabad, killing nine bystanders, seven of them children. It was the third time jihadis had tried to blow up Indian government structures. In 2008, a car bomb attack…

China’s Bid to Fill an Afghan Vacuum

China’s Bid to Fill an Afghan VacuumWith the imminent withdrawal of NATO forces from Afghanistan and the presumed shift to full Afghan sovereignty, US influence is inevitably going to decrease -- and it looks increasingly like China will fill the vacuum, given the amount of natural wealth that Afghanistan possesses and the dividends it can pay. This resource wealth has changed…

The Afghani Way of Banking

In banking, there’s Switzerland and Singapore, secure and secretive. There’s Indonesia, which has been so plagued by corruption you can never be sure who's actually holding your money. And then there is Afghanistan, in a class of its own. Afghanistan's leading commercial banker is a professional Las Vegas poker player. His bank's most popular product…