Dollar may replace afghani: on a proposal by the Asian Development Bank to discontinue the Afghan currency and replace it with a convertible currency such as the dollar. May I suggest they think twice and then talk to the Argentine president if they still want to do this? [via Unknown News]
The turmoil in Argentina and the collapse of the ten-year link between the peso and the dollar has revived the debate about currency regimes for emerging-market economies. Was Argentina wrong to adopt the link in the first place, or wrong to try so hard and so fruitlessly to maintain it?
As donor countries met in Tokyo to pledge money to support rebuilding of Afghanistan, the World Bank presented their plan for rebuilding the country from the village up, starting with locally provided solar power, irrigation and roads.
An audio interview with Seymour Hersh on his story about the Kunduz airlift.