Word: defaulters
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Dates: during 1980-1989
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Smith acknowledged yesterday that he overslept and said that he should take the blame for losing the suit by default. He also filed an appeal yesterday which the court granted. He added that the new trial would be held in two weeks...
...ahead are treacherous economic seas and gale-force financial winds, strong enough to capsize even large, well-manned ships." Former British Chancellor of the Exchequer Denis Healey paints a chilling future in which soaring oil prices could all too easily threaten bankruptcy for entire nations, forcing them to default on loans to Western banks. This, he says, "could bring the whole international banking system crashing down...
...billion in foreign loans, and will need to borrow several billion more during 1980. But the world's largest multinational banks have little real choice but to go ahead and extend the required credits, whether they like it or not. Without such loans, Brazil might be forced to default on payments that it already owes, and the banks could lose the billions borrowed so far. The banks and the debtors are thus in many ways hostages of each other...
...making his weight. It admonishes a candidate who steps out of line. It tries to see that every contest is evenly matched and proclaims the winner of each round. No fight promoter ever did more. This may not be the press's job, but by default the press has taken it on. This role may be more important than any press bias...