Word: borrower
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...drift. By proposing a sweeping and specific program?although one with grave flaws?and emphasizing the need for fast action, Ford has thrown down to Congress a challenge that it cannot ignore. A year or so from now, Ford might even be able to say?if he cared to borrow the phraseology of another Democratic President ?that he got the country moving again...
...Healey, the Europeans have made known their dislike of the U.S. recycling plan: the $25 billion "safety net" proposed in November by Secretary of State Henry Kissinger. In contrast to the European plan, Kissinger's oil facility would keep the OPEC governments at a distance; it would not borrow directly from the oil producers, but would draw instead on the OPEC billions already deposited in the Western banking system. The money would come chiefly from the economically stronger countries, meaning, in practice, the U.S. and West Germany. Since Bonn usually finds it hard to stray very far from...
Bloated Demand. But once bitten by the growth bug, many banks threw off the old restraints. They now compete vigorously for loan customers and meet the pumped-up demands for loans with money they themselves borrow-from each other, the public and the largely unregulated Eurodollar market. Such go-go lending policies, Mayer believes, bloated business and consumer demand and contributed in no small way to the present inflation rate. Banks also damage the economy, says the author, by going to capital markets to borrow a large proportion of the money they lend. The practice weakens the Federal Reserve Board...
OPEC countries dislike international recycling plans that deny them a major voice in determining who could borrow their money. The Trilateral Commission, an influential group of North American, European and Japanese business executives and academicians, has proposed that the industrial countries and the oil producers jointly open and operate a bank for recycling. The two sides would put up equal amounts of money and decide who could borrow...
...Kissinger Plan proposes a $25 billion "safety net" lending agency that would be funded by consuming nations. Member countries strapped by high oil-import bills could borrow from the fund in emergencies, if they agree to energy-conservation steps...