Word: amounting
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Dates: during 1980-1989
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Every foreigner who has spent any amount of time in West Germany always notices the complete lack of patriotism, especially among the young people. This is a definite rupture form the past...
...hard to imagine that even before perestroika, the Soviet Union was supplying an amount of cash and equipment to the rebels even remotely close to $1.4 million dollars a day. And the ravaged economies of Cuba and Nicaragua are hardly able to give the rebels any substantial...
...Brady Plan has as its basis the reduction of debt and the realization that the countries of Latin America cannot continue servicing their debt in the way the banks have obliged us to up to now. In the past five years, Latin America has paid back the total amount of its debt service, yet now it owes more than before. And what is the result? The economic growth of Latin America is now zero. Our countries have had to commit more than 50% of the value of our exports to debt service. That's intolerable. No country in the world...
Loans to the buyer are made before the auction, and completed after it, at an interest rate that may go as high as 4% over prime. A common amount is 50% of the hammer price -- whatever the work reaches...
...auction house had no choice. It had punctually paid John Payson the full sale amount, $49 million, and now the exposure of the buyer's inability to pay for the painting would have been horrendous. Although the firm could have repossessed Irises and put it on the block again, such a move would almost certainly have been a disaster. It might have brought $30 million, maybe $35 million, according to informed sources -- a fire sale. And the results for the art market if the World's Most Expensive Picture lost a third of its value in a year...