The Washington Times: U.S. balks at IMF bailout loan, fears Chinese debt trap for Pakistan

(AFP photo)
Updated 09 August 2018
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The Washington Times: U.S. balks at IMF bailout loan, fears Chinese debt trap for Pakistan

August 8: The Washington Times report by Natalie Malek and David R. Sands states that the International Monetary Fund may soon be caught in the crossfire of a fight between two of its biggest contributors, a clash that has only intensified in recent days. The Trump administration is balking at the prospect of a major bailout loan for Pakistan, saying that much of the debt was run up by accepting billions of dollars in Chinese infrastructure investment as part of President Xi Jinping’s ambitious Belt and Road Initiative.

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The Washington Times: Pakistan's anti-graft body arrests opposition politician

Updated 12 December 2018
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The Washington Times: Pakistan's anti-graft body arrests opposition politician

December 11 – The Washington Times states that Pakistan’s anti-graft body says it has arrested a senior politician from former Prime Minister Nawaz Sharif’s party over links to a multimillion-dollar housing scam. The National Accountability Bureau says Khawaja Saad Rafique and his brother, who is also accused in the case, were arrested in Lahore after a court refused to extend their bail. Both are members of Sharif’s Pakistan Muslim League.

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