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Pakistan’s economic meltdown spurs more people to risk lives to reach Europe

Pakistan’s economic meltdown spurs more people to risk lives to reach Europe

GIBRAN NAIYYAR PESHIMAM HAMEED Iqbal Bhatti had prospered over two decades working in Saudi Arabia, but after returning to Pakistan three years ago, he was getting desperate. The economy had suffered in the pandemic and his restaurant business closed. With work avenues drying up and sky-high inflation blowing a hole in his budget, the 47-year-old cobbled together $7,600 for a trafficker to smuggle him into Europe, where he hoped to rebuild the life he once had, his brother Muhammad Sarwar Bhatti, 53, told Reuters. "He told me that he would start afresh for his children's future and the life he…
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Sri Lankan president sends resignation letter after fleeing to Singapore

Sri Lankan president sends resignation letter after fleeing to Singapore

UDITHA JAYASINGHE, ALASDAIR PAL and CHEN LIN SRI Lankan president Gotabaya Rajapaksa has submitted a letter of resignation, two government sources said, after he fled to Singapore following mass protests over his country's economic meltdown. Rajapaksa emailed a letter of resignation to the speaker of the country's parliament late on Thursday, two sources said. It was not immediately clear if the letter, sent shortly after Rajapaksa arrived in Singapore, would be accepted in email form, the sources added. In commercial capital Colombo, troops patrolled the streets to enforce a curfew. Rajapaksa, who fled to the Maldives on Wednesday to escape…
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Egypt’s Sisi offers to Lebanon’s Hariri

Egypt’s Sisi offers to Lebanon’s Hariri

EGYPTIAN President Abdel Fattah al-Sisi has expressed full support for visiting Lebanese Prime Minister-Designate Saad al-Hariri in his efforts to form a cabinet and resolve a crippling economic and political crisis. Lebanon is battling an economic meltdown dubbed by the World Bank as one of the deepest depressions in modern history. The financial crisis, which has propelled more than half of the population into poverty and seen the value of the currency drop by more than 90% in nearly two years, has been deepened by political deadlock. Egypt holds diplomatic weight in the region and has provided some aid to…
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