Pakistan Faces IMF Bailout Risk Amid Sliding Reserves
Pakistan teeters toward an IMF bailout as foreign reserves dip to 6.4 billion dollars by mid May, threatening bank runs, a stock-market pullback, and job losses. Nawaz Sharif’s incoming government aims to fix the economy but resists the conditions linked to IMF aid, including tax broadening and energy-price hikes.
MENTIONED IN THIS ARTICLE
Islamabad
Pakistan
International Monetary Fund
Washington
Afghanistan
Nawaz Sharif
Zoé's Coffee House Opens in Gastonia With Eclectic Vibe
Zoé's Coffee House at 170 S South St Gastonia enters its first month with brick and wood decor from local mills. Owner Heather O Bot notes strong community support and word of mouth fueling early business. Menu features lattes espressos and four deli style sandwiches plus cookies and cakes. The shop aims to be a hub for artists and locals, open daily with varied hours.
MENTIONED IN THIS ARTICLE
Zoé
Gastonia
Heather O’bot
Medicare Social Security outlook shows slow improvement
Government trustees report Medicare inpatient funds may run dry in 2026 and Social Security faces insolvency by 2033 absent new funding. Slower health costs and changes from the Affordable Care Act improve the balance but political stalemate risks long term solvency. About 57 million Social Security beneficiaries and 51 million Medicare enrollees are affected.
MENTIONED IN THIS ARTICLE
Washington
Medicare
Social Security
Congress
Barack Obama
Robert D. Reischauer
Charles Blahous III
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IMF
Casula
Uae
O'Bot
Michael Caswen
the Gazette
Zoe
Zoé's Coffee House
S. South St
At&t Inc
Lowes Low
Alcatel-Lucent Alu
Martin Marietta
Arkansas
BET
Bb&t Corp
Park Sterling Pstb
Bank of America Bac
Ween
Piedmont Natural Gas
PNY
Pacuius
Best Buy
Commercial Metals
CMC
Pulte Homes
Covidien
Curtis-Wright CW
Ominceoely
RBC Centura RY
Danaher Corp Dhr
Scana Scg
Deere DE
Sears Holdings
Delhaize Deg
Snyder-Lance Inc Lnce
Dillards Inc
DDS
Emanal
Southern Company So
Donnelley & Sons
Duke Ears Duk
Spectra Energy SE
Suntrust Banks
FDO
Tampa Electric Co
Hanesbrand Hbi
Target Tgt
Harley-Davidson Hog
Wena
Texas Roadhouse Txrh
Harristr Htsi
Textron Txt
Home Depot HD
Time Warner Inc Twx
Intel Corp
IBM IBM
Timken
TKR
KSS
Wal Mart
WMT
Kohls
Krispy Kreme
KKD
Wells Fargo Wfc
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