Weekly Roundup: US Clears Some Afghan Transactions, Global Money Remitters Resume Transfers to Afghanistan, and More

U.S. Treasury Department officials privately approved the U.S. government and its contractors to continue making payments for the export of food, medicine, and other humanitarian aid to Afghanistan for six more months, Reuters reported. More Treasury officials also authorized financial institutions to process personal remittances to Afghanistan amid growing economic and financial troubles in the aftermath of the Taliban takeover, Reuters reported. More Western Union and MoneyGram said they would resume processing transactions to Afghanistan after a two-week suspension but would maintain restrictions on transfers originating from the besieged nation, Reuters and The Wall Street Journal reported. More and More...