Latest news with #SovietInvasion
IOL News
3 days ago
- Business
- IOL News
Gold dips despite escalating Israel-Iran conflict as volatility looms
Gold, traditionally a safe haven for investors, has seen its value drop below $3,400 amid rising tensions between Israel and Iran. Experts warn of increased market volatility as geopolitical conflicts unfold. Image: File photo Gold – the metal investors flee to in times of turmoil – slipped below its Friday close on Tuesday even as the conflict between Israel and Iran escalated and market watchers warned of more volatility. The precious metal, long seen as a safe place to store money, was trading at around $3,394.49 as of lunch time on Tuesday, down 0.08% on its opening price. Andre Cilliers, currency strategist at TreasuryONE, said in a note that gold had dropped below Friday's close of $3,450 level despite these geopolitical tensions. The metal is still off its $3 500 record high in April. Cilliers said that US President Donald Trump's warning to Iranians to evacuate Tehran has raised fears of an escalation in the Iran/Israel conflict and is keeping markets on edge. 'Iran has warned that it will unleash the biggest ballistic missile attack on Israel in the next few days while Israel is targeting government facilities,' he noted. Bianca Botes, director at Citadel Global, has also cautioned that there may be 'heightened volatility as markets react to fast-moving developments in the Middle East.' Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Ad loading Information from axi indicated that gold was worth just under $19 an ounce in the years between 1833 and 1849, only moving above $1,000 in 2010. It stated that gold rose dramatically in January 1980, 'reacting not only to high inflation but also to geopolitical tensions with the Iranian Revolution and the Soviet Invasion in Afghanistan'. During the Global Financial Crisis of 2008, the metal soared more than 50% in just nine months to $1,011 an ounce. Concerns over the economic impact of the COVID-19 pandemic pushed the metal past $2,000 and it pushed higher again in 2023 when central banks started a rate-hiking cycle. On Monday, the rand closed 1.7% stronger at R17.81, even though trade was thin due to the holiday. It opened at R17.82, and was trading at R17.83. Cilliers expected a range of R17.70/R17.90 as traders watch the Middle East developments. IOL
Arab News
12-06-2025
- Politics
- Arab News
45 minutes to pack up a lifetime as Pakistan's foreigner crackdown sends Afghans scrambling
TORKHAM, Afghanistan: The order was clear and indisputable, the timeline startling. You have 45 minutes to pack up and leave Pakistan forever. Sher Khan, a 42-year-old Afghan, had returned home from his job in a brick factory. He stared at the plainclothes policeman on the doorstep, his mind reeling. How could he pack up his whole life and leave the country of his birth in under an hour? In the blink of an eye, the life he had built was taken away from him. He and his wife grabbed a few kitchen items and whatever clothes they could for themselves and their nine children. They left everything else behind at their home in Pakistan-administered Kashmir. Born in Pakistan to parents who fled the 1979 Soviet invasion of Afghanistan and the ensuing war, Khan is one of hundreds of thousands of Afghans who have now been expelled. The nationwide crackdown, launched in October 2023, on foreigners Pakistan says are living in the country illegally has led to the departures of almost 1 million Afghans already. Pakistan says millions more remain. It wants them gone. Leaving with nothing to beat a deadline 'All our belongings were left behind,' Khan said as he stood in a dusty, windswept refugee camp just across the Afghan border in Torkham, the first stop for expelled refugees. 'We tried so hard (over the years) to collect the things that we had with honor.' Pakistan set several deadlines earlier this year for Afghans to leave or face deportation. Afghan Citizen Card holders had to leave the capital Islamabad and Rawalpindi city by March 31, while those with Proof of Registration could stay until June 30. No specific deadlines were set for Afghans living elsewhere in Pakistan. Khan feared that delaying his departure beyond the deadline might have resulted in his wife and children being hauled off to a police station along with him a blow to his family's dignity. 'We are happy that we came (to Afghanistan) with modesty and honor,' he said. As for his lost belongings, 'God may provide for them here, as He did there.' A refugee influx in a struggling country At the Torkham camp, run by Afghanistan's Taliban government, each family receives a SIM card and 10,000 Afghanis ($145) in aid. They can spend up to three days there before having to move on. The camp's director, Molvi Hashim Maiwandwal, said some 150 families were arriving daily from Pakistan — far fewer than the roughly 1,200 families who were arriving about two months ago. But he said another surge was expected after the three-day Islamic holiday of Eid Al-Adha. Aid organizations inside the camp help with basic needs, including health care. Local charity Aseel provides hygiene kits and helps with food. It has also set up a food package delivery system for families once they arrive at their final destination elsewhere in Afghanistan. Aseel's Najibullah Ghiasi said they expected a surge in arrivals 'by a significant number' after Eid. 'We cannot handle all of them, because the number is so huge,' he said, adding the organization was trying to boost fundraising so it could support more people. Pakistan blames Afghanistan for militancy Pakistan accuses Afghans of staging militant attacks inside the country, saying assaults are planned from across the border — a charge Kabul's Taliban government denies. Pakistan denies targeting Afghans, and maintains that everyone leaving the country is treated humanely and with dignity. But for many, there is little that is humane about being forced to pack up and leave in minutes or hours. Iran, too, has been expelling Afghans, with the UNHCR, the UN's refugee agency, saying on June 5 that 500,000 Afghans had been forced to leave Iran and Pakistan in the two months since April 1. Rights groups and aid agencies say authorities are pressuring Afghans into going sooner. In April, Human Rights Watch said police had raided houses, beaten and arbitrarily detained people, and confiscated refugee documents, including residence permits. Officers demanded bribes to allow Afghans to remain in Pakistan, the group added. Searching for hope while starting again Fifty-year-old Yar Mohammad lived in Azad Kashmir for nearly 45 years. The father of 12 built a successful business polishing floors, hiring several workers. Plainclothes policemen knocked on his door too. They gave him six hours to leave. 'No way a person can wrap up so much business in six hours, especially if they spent 45 years in one place,' he said. Friends rushed to his aid to help pack up anything they could: the company's floor-polishing machines, some tables, bed-frames and mattresses, and clothes. Now all his household belongings are crammed into orange tents in the Torkham refugee camp, his hard-earned floor-polishing machines outside and exposed to the elements. After three days of searching, he managed to find a place to rent in Kabul. 'I have no idea what we will do,' he said, adding that he would try to recreate his floor-polishing business in Afghanistan. 'If this works here, it is the best thing to do.'
Arab News
12-06-2025
- Politics
- Arab News
Few minutes to pack up a lifetime: Pakistan's foreigner crackdown sends Afghans scrambling
TORKHAM, Afghanistan: The order was clear and indisputable, the timeline startling. You have 45 minutes to pack up and leave Pakistan forever. Sher Khan, a 42-year-old Afghan, had returned home from his job in a brick factory. He stared at the plainclothes policeman on the doorstep, his mind reeling. How could he pack up his whole life and leave the country of his birth in under an hour? In the blink of an eye, the life he had built was taken away from him. He and his wife grabbed a few kitchen items and whatever clothes they could for themselves and their nine children. They left everything else behind at their home in Pakistan-controlled Kashmir. Born in Pakistan to parents who fled the 1979 Soviet invasion of Afghanistan and the ensuing war, Khan is one of hundreds of thousands of Afghans who have now been expelled. The nationwide crackdown, launched in October 2023, on foreigners Pakistan says are living in the country illegally has led to the departures of almost 1 million Afghans already. Pakistan says millions more remain. It wants them gone. Leaving with nothing to beat a deadline 'All our belongings were left behind,' Khan said as he stood in a dusty, windswept refugee camp just across the Afghan border in Torkham, the first stop for expelled refugees. 'We tried so hard (over the years) to collect the things that we had with honor.' Pakistan set several deadlines earlier this year for Afghans to leave or face deportation. Afghan Citizen Card holders had to leave the capital Islamabad and Rawalpindi city by March 31, while those with Proof of Registration could stay until June 30. No specific deadlines were set for Afghans living elsewhere in Pakistan. Khan feared that delaying his departure beyond the deadline might have resulted in his wife and children being hauled off to a police station along with him a blow to his family's dignity. 'We are happy that we came (to Afghanistan) with modesty and honor,' he said. As for his lost belongings, 'God may provide for them here, as He did there.' A refugee influx in a struggling country At the Torkham camp, run by Afghanistan's Taliban government, each family receives a SIM card and 10,000 Afghanis ($145) in aid. They can spend up to three days there before having to move on. The camp's director, Molvi Hashim Maiwandwal, said some 150 families were arriving daily from Pakistan – far fewer than the roughly 1,200 families who were arriving about two months ago. But he said another surge was expected after the three-day Islamic holiday of Eid Al-Adha that started June 7. Aid organizations inside the camp help with basic needs, including health care. Local charity Aseel provides hygiene kits and helps with food. It has also set up a food package delivery system for families once they arrive at their final destination elsewhere in Afghanistan. Aseel's Najibullah Ghiasi said they expected a surge in arrivals 'by a significant number' after Eid. 'We cannot handle all of them, because the number is so huge,' he said, adding the organization was trying to boost fundraising so it could support more people. Pakistan blames Afghanistan for militancy Pakistan accuses Afghans of staging militant attacks inside the country, saying assaults are planned from across the border – a charge Kabul's Taliban government denies. Pakistan denies targeting Afghans, and maintains that everyone leaving the country is treated humanely and with dignity. But for many, there is little that is humane about being forced to pack up and leave in minutes or hours. Iran, too, has been expelling Afghans, with the UNHCR, the UN's refugee agency, saying on June 5 that 500,000 Afghans had been forced to leave Iran and Pakistan in the two months since April 1. Rights groups and aid agencies say authorities are pressuring Afghans into going sooner. In April, Human Rights Watch said police had raided houses, beaten and arbitrarily detained people, and confiscated refugee documents, including residence permits. Officers demanded bribes to allow Afghans to remain in Pakistan, the group added. Searching for hope while starting again Fifty-year-old Yar Mohammad lived in Pakistan-controlled Kashmir for nearly 45 years. The father of 12 built a successful business polishing floors, hiring several workers. Plainclothes policemen knocked on his door too. They gave him six hours to leave. 'No way a person can wrap up so much business in six hours, especially if they spent 45 years in one place,' he said. Friends rushed to his aid to help pack up anything they could: the company's floor-polishing machines, some tables, bed-frames and mattresses, and clothes. Now all his household belongings are crammed into orange tents in the Torkham refugee camp, his hard-earned floor-polishing machines outside and exposed to the elements. After three days of searching, he managed to find a place to rent in Kabul. 'I have no idea what we will do,' he said, adding that he would try to recreate his floor-polishing business in Afghanistan. 'If this works here, it is the best thing to do.'
Yahoo
12-06-2025
- Politics
- Yahoo
45 minutes to pack up a lifetime as Pakistan's foreigner crackdown sends Afghans scrambling
TORKHAM, Afghanistan (AP) — The order was clear and indisputable, the timeline startling. You have 45 minutes to pack up and leave Pakistan forever. Sher Khan, a 42-year-old Afghan, had returned home from his job in a brick factory. He stared at the plainclothes policeman on the doorstep, his mind reeling. How could he pack up his whole life and leave the country of his birth in under an hour? In the blink of an eye, the life he had built was taken away from him. He and his wife grabbed a few kitchen items and whatever clothes they could for themselves and their nine children. They left everything else behind at their home in Pakistan-controlled Kashmir. Born in Pakistan to parents who fled the 1979 Soviet invasion of Afghanistan and the ensuing war, Khan is one of hundreds of thousands of Afghans who have now been expelled. The nationwide crackdown, launched in October 2023, on foreigners Pakistan says are living in the country illegally has led to the departures of almost 1 million Afghans already. Pakistan says millions more remain. It wants them gone. Leaving with nothing to beat a deadline 'All our belongings were left behind,' Khan said as he stood in a dusty, windswept refugee camp just across the Afghan border in Torkham, the first stop for expelled refugees. 'We tried so hard (over the years) to collect the things that we had with honor.' Pakistan set several deadlines earlier this year for Afghans to leave or face deportation. Afghan Citizen Card holders had to leave the capital Islamabad and Rawalpindi city by March 31, while those with Proof of Registration could stay until June 30. No specific deadlines were set for Afghans living elsewhere in Pakistan. Khan feared that delaying his departure beyond the deadline might have resulted in his wife and children being hauled off to a police station along with him a blow to his family's dignity. 'We are happy that we came (to Afghanistan) with modesty and honor,' he said. As for his lost belongings, 'God may provide for them here, as He did there.' A refugee influx in a struggling country At the Torkham camp, run by Afghanistan's Taliban government, each family receives a SIM card and 10,000 Afghanis ($145) in aid. They can spend up to three days there before having to move on. The camp's director, Molvi Hashim Maiwandwal, said some 150 families were arriving daily from Pakistan — far fewer than the roughly 1,200 families who were arriving about two months ago. But he said another surge was expected after the three-day Islamic holiday of Eid Al-Adha that started June 7. Aid organizations inside the camp help with basic needs, including healthcare. Local charity Aseel provides hygiene kits and helps with food. It has also set up a food package delivery system for families once they arrive at their final destination elsewhere in Afghanistan. Aseel's Najibullah Ghiasi said they expected a surge in arrivals 'by a significant number' after Eid. 'We cannot handle all of them, because the number is so huge,' he said, adding the organization was trying to boost fundraising so it could support more people. Pakistan blames Afghanistan for militancy Pakistan accuses Afghans of staging militant attacks inside the country, saying assaults are planned from across the border — a charge Kabul's Taliban government denies. Pakistan denies targeting Afghans, and maintains that everyone leaving the country is treated humanely and with dignity. But for many, there is little that is humane about being forced to pack up and leave in minutes or hours. Iran, too, has been expelling Afghans, with the UNHCR, the UN's refugee agency, saying on June 5 that 500,000 Afghans had been forced to leave Iran and Pakistan in the two months since April 1. Rights groups and aid agencies say authorities are pressuring Afghans into going sooner. In April, Human Rights Watch said police had raided houses, beaten and arbitrarily detained people, and confiscated refugee documents, including residence permits. Officers demanded bribes to allow Afghans to remain in Pakistan, the group added. Searching for hope while starting again Fifty-year-old Yar Mohammad lived in Pakistan-controlled Kashmir for nearly 45 years. The father of 12 built a successful business polishing floors, hiring several workers. Plainclothes policemen knocked on his door too. They gave him six hours to leave. 'No way a person can wrap up so much business in six hours, especially if they spent 45 years in one place,' he said. Friends rushed to his aid to help pack up anything they could: the company's floor-polishing machines, some tables, bed-frames and mattresses, and clothes. Now all his household belongings are crammed into orange tents in the Torkham refugee camp, his hard-earned floor-polishing machines outside and exposed to the elements. After three days of searching, he managed to find a place to rent in Kabul. 'I have no idea what we will do,' he said, adding that he would try to recreate his floor-polishing business in Afghanistan. 'If this works here, it is the best thing to do.'
Associated Press
12-06-2025
- Politics
- Associated Press
45 minutes to pack up a lifetime as Pakistan's foreigner crackdown sends Afghans scrambling
TORKHAM, Afghanistan (AP) — The order was clear and indisputable, the timeline startling. You have 45 minutes to pack up and leave Pakistan forever. Sher Khan, a 42-year-old Afghan, had returned home from his job in a brick factory. He stared at the plainclothes policeman on the doorstep, his mind reeling. How could he pack up his whole life and leave the country of his birth in under an hour? In the blink of an eye, the life he had built was taken away from him. He and his wife grabbed a few kitchen items and whatever clothes they could for themselves and their nine children. They left everything else behind at their home in Pakistan-controlled Kashmir. Born in Pakistan to parents who fled the 1979 Soviet invasion of Afghanistan and the ensuing war, Khan is one of hundreds of thousands of Afghans who have now been expelled. The nationwide crackdown, launched in October 2023, on foreigners Pakistan says are living in the country illegally has led to the departures of almost 1 million Afghans already. Pakistan says millions more remain. It wants them gone. Leaving with nothing to beat a deadline 'All our belongings were left behind,' Khan said as he stood in a dusty, windswept refugee camp just across the Afghan border in Torkham, the first stop for expelled refugees. 'We tried so hard (over the years) to collect the things that we had with honor.' Pakistan set several deadlines earlier this year for Afghans to leave or face deportation. Afghan Citizen Card holders had to leave the capital Islamabad and Rawalpindi city by March 31, while those with Proof of Registration could stay until June 30. No specific deadlines were set for Afghans living elsewhere in Pakistan. Khan feared that delaying his departure beyond the deadline might have resulted in his wife and children being hauled off to a police station along with him a blow to his family's dignity. 'We are happy that we came (to Afghanistan) with modesty and honor,' he said. As for his lost belongings, 'God may provide for them here, as He did there.' A refugee influx in a struggling country At the Torkham camp, run by Afghanistan's Taliban government, each family receives a SIM card and 10,000 Afghanis ($145) in aid. They can spend up to three days there before having to move on. The camp's director, Molvi Hashim Maiwandwal, said some 150 families were arriving daily from Pakistan — far fewer than the roughly 1,200 families who were arriving about two months ago. But he said another surge was expected after the three-day Islamic holiday of Eid Al-Adha that started June 7. Aid organizations inside the camp help with basic needs, including healthcare. Local charity Aseel provides hygiene kits and helps with food. It has also set up a food package delivery system for families once they arrive at their final destination elsewhere in Afghanistan. Aseel's Najibullah Ghiasi said they expected a surge in arrivals 'by a significant number' after Eid. 'We cannot handle all of them, because the number is so huge,' he said, adding the organization was trying to boost fundraising so it could support more people. Pakistan blames Afghanistan for militancy Pakistan accuses Afghans of staging militant attacks inside the country, saying assaults are planned from across the border — a charge Kabul's Taliban government denies. Pakistan denies targeting Afghans, and maintains that everyone leaving the country is treated humanely and with dignity. But for many, there is little that is humane about being forced to pack up and leave in minutes or hours. Iran, too, has been expelling Afghans, with the UNHCR, the UN's refugee agency, saying on June 5 that 500,000 Afghans had been forced to leave Iran and Pakistan in the two months since April 1. Rights groups and aid agencies say authorities are pressuring Afghans into going sooner. In April, Human Rights Watch said police had raided houses, beaten and arbitrarily detained people, and confiscated refugee documents, including residence permits. Officers demanded bribes to allow Afghans to remain in Pakistan, the group added. Searching for hope while starting again Fifty-year-old Yar Mohammad lived in Pakistan-controlled Kashmir for nearly 45 years. The father of 12 built a successful business polishing floors, hiring several workers. Plainclothes policemen knocked on his door too. They gave him six hours to leave. 'No way a person can wrap up so much business in six hours, especially if they spent 45 years in one place,' he said. Friends rushed to his aid to help pack up anything they could: the company's floor-polishing machines, some tables, bed-frames and mattresses, and clothes. Now all his household belongings are crammed into orange tents in the Torkham refugee camp, his hard-earned floor-polishing machines outside and exposed to the elements. After three days of searching, he managed to find a place to rent in Kabul. 'I have no idea what we will do,' he said, adding that he would try to recreate his floor-polishing business in Afghanistan. 'If this works here, it is the best thing to do.'
