The bank run at Afghanistan’s largest bank, Kabul Bank, was precipitated by the takeover of the bank by Da Afghanistan Bank, the country’s central bank, last week. By Friday nearly all of its currency reserves and most of its capital had been withdrawn by nervous customers, with no end in sight.
Japanese Financial Services Minister Shozaburo Jimi confirmed that China's central bank governor Zhou Xiaochuan had not defected to the United States, something rumored from Chinese-based sources for several days over the weekend. But the question now being asked is why the rumor started in the first place.
An influential Japanese politician is taking a few pokes at the American and British people. Ichiro Ozawa, who some think may be well-positioned to become Prime Minister in the near future, says that the American people are "simple-minded." He's got some choice words for the British as well. Saying he likes both British democracy and British discipline as depicted in the 1957 film The Bridge Over the River Kwai, he says, nonetheless, "I don't like the British people."
AFP news reported on August 25 that Iran's recent unveiling of new missile-firing assault boats and an aerial drone is a source of concern for U.S. officials. State Department spokesman Philip Crowley told reporters: "This is ... something that is of concern to us and ... concern to Iran's neighbors."
A strike from an unmanned aerial vehicle killed 20 people in Pakistan on August 23. According to Reuters news service, "missiles fired from a U.S. pilotless drone aircraft killed 13 militants and 7 civilians in Pakistan's North Waziristan." The attack, and the deaths, illustrate how the unintended consequences of policy decisions and operations conducted decades ago continue to shape events of the present.