-- Pakistan’s new finance minister said he’s keen to tap Chinese investors by selling as much as $300 million in Panda bonds for the first time ever this year.What Happens If Trump Can’t Post His $454 Million BondSelling yuan-denominated debt will allow Pakistan to diversify its funding sources and reach investors in a new market, Muhammad Aurangzeb, said in an interview Friday at his office in Islamabad.It’s something “we should have looked at quite frankly some time back,” he said.
He takes office at a time when economic pessimism in the country is at a record high and the government is trying to avoid defaulting on its debt. Pakistan has the highest inflation rate in Asia of more than 20% and faces $24 billion of external debt payments in the fiscal year starting July, three times its foreign-exchange reserves.
“Are you trolling?” one GOP senator said when asked if he'd be willing to help pay for Donald Trump's multimillion-dollar legal fees in New York.Start trading like a professional today!Former President Trump’s attorney Alina Habba responded to claims that he could be seeking foreign sources to pay his massive legal fees, but she said Wednesday she “can’t speak” about the strategy.