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Dec. 10, 2024 10:12AM EST
Aug. 16, 2021 05:30AM EST
"The war is over": Taliban declares victory in Afghanistan
Taliban leaders declared Monday "the war is over," after taking control of Afghanistannearly 20 years on from the militant group fleeing a U.S.-led coalition march into Kabul.
Driving the news: The declaration to Al Jazeera came after the Taliban seized the presidential palace in Kabul and President Ashraf Ghani to fled the country Sunday, and following the U.S. evacuation of the American Embassy. The U.S. was taking over air traffic control at Kabul's airport, where chaotic scenes were reported Monday, as foreigners and Afghan citizens attempted to flee.
- Mohammad Naeem, the spokesperson for the Taliban’s political office, told Al Jazeera the group was "ready to have a dialogue with all Afghan figures and will guarantee them the necessary protection" and that the type of the Afghan government would soon be made clear.
- "Today is a great day for the Afghan people and the mujahideen. They have witnessed the fruits of their efforts and their sacrifices for 20 years," Naeem said."Thanks to God, the war is over in the country."
- Former President Hamid Karzai released a statement Sunday announcing the creation of a "coordination council" for the transfer that consists of him, Abdullah Abdullah, the chair of Afghanistan's High Council for National, and Gulbudin Hekmatyar, leader of Hizb-e-Islami political and paramilitary group.
The big picture: As the U.S. accelerated its military withdrawal earlier this summer, the Taliban gained ground with extraordinary speed, capturing provincial capitals at a rate that shocked the Biden administration and international community.
- In less than a month, the United States will mark 20 years since the 9/11 attacks, which led the U.S. into its longest war.
- President Biden said in July the original goals of the U.S. invasion had long since been achieved and, thus, America's exit was "quite frankly overdue."
The closed entrance gate of the American embassy on Aug. 15. Photo: WAKIL KOHSAR/AFP via Getty Images
- Biden blamed his predecessor, former President Trump, for empowering the Taliban and leaving them "in the strongest position militarily since 2001" but said in a statement that he had to make a choice and that he would not pass on the war to a "fifth" U.S. president.
Of note: The Taliban’s co-founder Mullah Abdul Ghani Baradar, who heads the group’s political committee, was expected to be named president.
- Pakistan released Baradar, who was the deputy of Mullah Omar, the founder of the Taliban, in 2018.
- Baradar released a message Sunday saying "we have reached a victory that wasn't expected … now it's time of test — now it's about how we serve and secure our people, and ensure their future/good life to best of ability."
What's next: The U.N. Security Council has called an emergency meeting for Monday morning.
- Joint Chiefs of Staff Chair Mark Milley told senators on Sunday that a previous assessment of how soon terrorist groups would likely reconstitute in Afghanistan will speed up because of what's happening there now, according to three sources on the phone call.
- On the call between top Biden officials and senators from both parties, Sen. Lindsey Graham (R-S.C.) asked Defense Secretary Lloyd Austin and Milley whether, in light of recent events, they would revise an assessment to Congress in June of a "medium" risk of terrorist groups reconstituting in Afghanistan within two years.
- Milley responded "yes" — that he would have to assume that that timeline would get moved up, and that he would be happy to brief senators in a classified setting.
Go deeper:
Biden's stain: U.S. flees Kabul
Behind the scenes of the Biden administration as the U.S. ditches Kabul
Editor's note: This a breaking news story. Please check back for updates.
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Jul. 20, 2021 09:43PM EST
Space business gets billionaire boost
Blue Origin's successful flight is the rising-tide-lifts-all-boats story of the moment for the sector.
Why it matters: For investors, it doesn’t matter which billionaire hits space first. Recent headlines only generate more interest, some of which turns into investments — and that's good for companies that need cash.
What they're saying: Sending humans to space twice on largely privately funded enterprises in less than two weeks is unprecedented, Ken Herbert, managing director at Canaccord Genuity, tells Axios.
- The Blue Origin and Virgin Galactic flights “validate what private capital is able to do,” he adds, and their success also points to a safety record that will support public confidence.
- Today’s mission "is likely an indication that achieving access to space can become a more regular event, which means (to my mind), that all of the ancillary companies that depend on space access can also be incrementally more likely to succeed," says Pete Skibitski, senior aerospace analyst at Alembic Global Advisors.
By the numbers: It’s not yet clear how much an individual seat will cost, but Bezos' larger goal is to get millions of people to work and live in space.
- Meanwhile, Virgin Galactic is focused on space travel with ticket price estimates upward of $250,000.
- Bank of America and Canaccord analysts project it will take Virgin at least four years to break even or become profitable.
What to watch: Both Blue Origin and Virgin expect to launch more flights this year.
- So far, investor interest for Virgin has come largely from the retail side, Herbert says, pointing to the stock’s volatility this year as a sign.
- More investment opportunities will materialize over the next two years when about a dozen new companies — including launch vehicle developers and space data companies — will come to the public market, says BofA's Ron Epstein.
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Dec. 08, 2024 10:04PM EST



