Word: accords
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While Brazil and Argentina struggle, the two other largest debtors, Mexico and Venezuela, are continuing to make strides toward easing their credit crunches. Venezuela, which has a 16.9% inflation rate that is modest by Latin American standards, has reached a tentative accord with its banks to stretch out payments on $20.8 billion of its $35 billion debt over 12½ years. Bankers have agreed to give Mexico until 1999 to finish making payments on $28.6 billion of its $96 billion debt. Mexico gained the confidence of the bankers by reducing its inflation rate from 100% in 1982 to 59% last year...
...drivers brought more terror to a long-suffering area, a Syrian-sponsored meeting of Lebanese Muslim leaders was gathering in Damascus to hammer out a new peace plan for Lebanon. After more than eleven hours of talks, Shi'ite, Sunni and Druze leaders announced a 16-point agreement. The accord was significant in that for the first time it proposed power sharing between Muslims and Christians on an equal basis. The agreement also promised to tighten security at the Beirut airport, a pledge that received warm approval from the Reagan Administration...
Once the pipeline from the Melut Basin is up and running, revenues will be shared by the Khartoum regime and the rebel-led government of South Sudan, said Jemera Rone, a researcher at Human Rights Watch in Washington, D.C. Until a final peace accord is reached ending the two-decade-long Sudanese civil war, the South’s share of oil revenues will accrue interest in an escrow fund, Rone said...
...focus of the UNH offense with a goal and an assist. With the stanza passing its midway point, the winger carried an outlet pass from the Wildcats’ zone through neutral ice and into the Crimson end by himself, where, had he not fallen down of his own accord, a 1-on-0 surely would have been his. He would nearly find redemption twice in quick succession before all was said and done, though...
...UNH’s offense with a goal and an assist. With the stanza passing its midway point, the winger carried an outlet pass from the Wildcats’ zone through neutral ice and into the Crimson end by himself, where, had he not fallen down of his own accord, a 1-on-0 surely would have been his. He would nearly find redemption twice in quick succession before all was said and done, though...