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Anonymous ID: 0132b3 Oct. 8, 2018, 9:46 p.m. No.3404565   🗄️.is 🔗kun   >>4596 >>4749 >>4955 >>5037

Pakistan to Approach IMF

After months of speculation, Pakistan's new government has decided to approach the International Monetary Fund (IMF) for financial assistance as it faces an economic crisis marked by a mounting balance of payments deficit and dwindling foreign currency reserves.

 

Pakistan needs Moar Money

 

Pakistan's Prime Minister Imran Khan approved the proposal to kickstart negotiations with the US-based global body after consulting economic experts and officials, Finance Minister Asad Umar said on Monday night.

 

"Today, it was decided that we should start talks with the IMF for such a stabilisation, recovery programme on which basis we could overcome this financial crisis," Umar said in a video message.

 

Pakistan's government, led by the cricketer-turned-politician Khan inherited a mountain of economic challenges when it came to power in July.

 

https://www.aljazeera.com/news/2018/10/pakistan-seek-imf-assistance-overcome-financial-crisis-181008180802938.html

Anonymous ID: 0132b3 Oct. 8, 2018, 9:50 p.m. No.3404617   🗄️.is 🔗kun   >>4679 >>4749 >>4955 >>5037

Mo Money Mo money. Iran wants Obama back (no homo)

 

The United States asked judges at the International Court of Justice (ICJ) to throw out a claim by Iran to recover $1.75bn in national bank assets seized by American courts.

 

https://www.aljazeera.com/news/2018/10/rejects-iran-legal-claim-recover-2bn-frozen-assets-181009042131996.html

 

The US Supreme Court ruled in 2016 the assets must be turned over to American families of victims of the 1983 bombing of a US Marine Corps barracks in Beirut, among others.

 

US plaintiffs accused Iran of providing material support to Hezbollah, the Iran-backed Shia political and military group blamed for the truck-bomb attack at the Marine compound in Lebanon's capital. Iran denies any links to the blast.

 

"Iran comes to the court with unclean hands. Indeed, it is a remarkable show of bad faith," Richard Visek, a US State Department legal official, told the court on Monday.