Days after Trump lay claim to the Bagram base, Russia, China, Iran and Pakistan “firmly opposed the reestablishment of military bases in and around Afghanistan by the countries responsible for the current situation”.
At Moscow Format Consultations on Afghanistan, attended by Taliban foreign minister Muttaqi, participants came out strongly against Trump for demanding the return of the air base.
US lost the war in Afghanistan many years ago. Yet false assumptions and lack of awareness fueled a ruinous undertaking that cost innumerable lives & left Afghanistan worse off than before.
UCBs accounted for 1.8% of total industry credit in September 2025—down from 2.2% five yrs ago—showing that they are losing ground to faster PSU banks.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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