Most Active Stories
- Successful Entrepreneur Paul Cummings & Foundation Leader Cordell Carter Team Up to Launch TechTown
- City of Chattanooga Designates 140-Acre Downtown Area as 'Innovation District'
- Pentagon's Money-Saver: U.S. Troops To Leave 15 European Sites
- Start It Up Ep 10: Why a Good Bookkeeper Matters and Chattanooga's Filmmaking Community is on Fire
- Douglas Tallamy: Why Home Gardening 'Transcends the Needs of the Gardener'
Iran Turns To Afghanistan When Laundering Money
There may be international sanctions against Iran, but not in Afghanistan's border provinces with the Islamic Republic where trade and money-laundering are thriving. Every day, millions in Iranian currency are brought in by taxis ferrying passengers. The Iranian money is exchanged for dollars, which are then shipped back to Iran. American officials recently ordered the Afghan banks to crack down on this phenomenon and it appears to be having some effect. But Afghan money changers claim the money-laundering will never stop unless border guards stop accepting bribes and letting the Iranians in.