Word: depression
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...license. I understand that security rands are not currently legal tender in South Africa, and that the government bonds in question are likely to be of the 15 to 30 year category. If all this is accurate, it would seem that without drawing such attention to it as to depress foreign investor interest, the South African government has effectively rendered the withdrawal debate sterile. Even if a foreign company were to succeed in disposing of its assets in South Africa for a fair, rather than a forced sale price, translating them into loans to the South African government would hardly...
...administration of former Gov. Michael Dukakis initiated the present plan to depress the entire artery underground, increasing it from six to eight lanes...
...interest rate will be both inflationary and recessionary. The high cost of interest, which directly increases the cost of everything consumers buy, especially for a home which is paid for over many years, will inflate prices while constricting demand for goods and labor. Though the latter may tend to depress prices, the former, given the exorbitant interest rates, will in all probability overwhelm the deflationary advantages. And in the case of high interest rates, it is once again the less wealthy who are priced out of the market, or to put it in more human terms, kept from owning homes...
Many of the explanations for the dollar's dive were depressingly familiar: the continuing weakness of the nation's trade balance, lack of progress in Congress on an energy bill, persistent rumors that petroleum-exporting nations might be planning to stop pricing their oil in dollars and switch to a basket of stronger currencies. To that litany, businessmen, bankers and money traders added a couple of new elements: dismay at the lack of any sort of dollar-strengthening scheme to emerge from the economic summit in Bonn of the previous week, and a feeling that European leaders are making unexpected...
...coin but a series of accounts that member governments would use. European currencies would be allowed to fluctuate around the ECU in a narrow band of 1% either way, and the ECU would float against the dollar. Moreover, when member nations intervened on foreign-exchange markets to support or depress their own currencies, they would no longer use dollars but any of the ECU currencies. Within the proposed currency union, payments between nations would be made in ECUS rather than dollars in order to isolate Europe as much as possible from the U.S, currency...