Word: deferments
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There was also a touch of desperation on the part of the commercial creditors, who have little choice but to defer payment on the Polish notes now falling due. Poland has no substantial assets in the West that could be seized in the case of a default. Nor could the Soviets be counted on to pick up the tab. As one Parisian financier put it: "There are conditions under which the amounts involved become so considerable that the debtor actually holds the creditor in check...
...controversial question of joining NATO. His caution was understandable on that score. Suárez's unbridled eagerness to move Spain into NATO had not only met fierce opposition from the Communists and Socialists, it had caused grumbling within the ranks of his own divided party. Seeking to defer action on NATO membership, Calvo-Sotelo proposed further consultations on the question by parliamentary committees. He altogether omitted another highly sensitive subject: a pending divorce bill, initially approved by Suárez, that threatened to alienate the Roman Catholic hierarchy from the U.C.D. and split the party...
...advance of other Cabinet officers, Haig has named all but two of his top 30 appointments. He did not entirely get his way with them. He was forced to defer to the White House on the department's No. 2 job. William Clark, a California Supreme Court justice, who served as a top aide to Reagan in Sacramento, was named Deputy Secretary of State...
Sixty-seven per cent of women plan to defer graduate study as opposed to 58 per cent...
Domenici believes that Reagan will ask Congress to defer or cancel expenditures for some programs already approved, which would involve only minor tinkering with...