Just in case we needed any reminder that risk is the principal obstacle to investment in Afghanistan, we spent yesterday evening having dinner to the sound of gunfire and explosions from the Intercontinental attack...
The human tragedy of the situation is just appalling; people are needlessly dead or injured today. The wider impact of such attacks is to destabilise an already fragile transition process.
What these attacks do for investor confidence remains to be seen, but for sure, it won't have reduced the Afghan risk premium.
Herat mosque
Herat mosque
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