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ISLAMABAD/LONDON:Pakistan 39 s full-blown economic turmoil, from its biggest-ever currency devaluation to a rash of emergency spending cuts, offers the clearest sign yet that the nuclear-armed nation faces the risk of a default unless it receives massive support.Pushed to the brink by last year 39 s devastatin
nike jordan g floods, the country has reserves of just $3.7 bi
nike air max 1 llion remaining, or barely enough for three weeks of essential imports, while hotly contested elections are due by November.It desperately needs the International Monetary Fund to release an overdue tranche of $1.1 billion, leaving $1
nike jordan .4 billion remaining in a stalled bailout programme set to end in June.Although an emergency IMF mission has arrived in Pakistan, there are no guarantees amid a growing number of headaches after November 39 s suspension of disbursements from the current package, which was topped up to $7 billion after the floods.A devaluation of 15% in the rupee and a rise last week in fuel prices could help elimina Hcbe Kerala floods Modi govt criticised for rejecting $100m aid offer
MECCA, SAUDI ARABIA:In the Saudi city of Mecca, dotted with fast-food eateries and stalls selling Chinese-made trinkets, vendors are ready to cash in on the annual hajj pilgrimage. Business is going very well, said Faisal Addais from his stall close to the Grand Mosque - Islam's holiest site. The customers are foreigners and speak all languages, added the 41-year-old Yemeni, who sells reli
air force jordan gious souvenirs.To overcome linguistic challenges, sales are often conducted with the help of a calculator.Potential customers stroll past the stalls and shops, while pigeons coo at their ankles on th
adidas originals forum e bustling thoroughfare.Saudi Arabia increases Hajj quota for PakistanRetailer Ali said his sales were expected to increase five-fold during hajj, which this year is expected to attract 2.5 million worshippers from Saudi and across the world between Friday and Tuesda
air max bw y.Completing hajj is one of the five pillars of Islam and every Muslim with the means is obliged to undertake it at least once in their l