Thursday, October 16, 2008

In Scramble for Cash, Pakistan Turns to China's Deep Reserves

By Anthony Faiola and Karen DeYoung
Pakistan has reached a critical new phase in its long-deteriorating financial situation, as investor flight and bleeding of national reserves force the country to scramble for international funds to shore up its economy. With the global financial crisis draining coffers in the United States and E...(The Washington Post)

No comments: