A Pakistani pedestrian walks past the Supreme Court building in Islamabad on February 21, 2018. / AFP / AAMIR QURESHI
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A global money-laundering watchdog has placed Pakistan back on its terrorist financing watchlist, Indian media and a diplomatic source said Friday, in a likely blow to both Pakistan's economy and its strained relations with the United States.Washington has spent the past week lobbying member countries of the Financial Action Task Force (FATF) to place Pakistan on the so-called "grey list" of nations that are not doing enough to combat terrorism financing.A non-Indian diplomatic source from one of the FATF countries confirmed that the group had decided Pakistan would be put back on the watchlist.Earlier in the week China, Turkey, and the Gulf Cooperation Council (GCC) were opposing the U.S.-led move against Pakistan but by Thursday night both China and the GCC dropped their opposition, the diplomatic source said.
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