Pakistan is set to become the world's next 'zombie' country after crisis-wracked Lebanon, as a large part of the population and businesses have tired of the shenanigans of a corrupt, self-serving elite and are seeking a permanent exit from the country.
The ongoing episode of distress in parts of the United States banking industry, caused by the rapid rise in interest rates, has renewed focus on “zombie” banks — barely surviving, financially undead institutions that have large unrea...