Word: lende
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Dates: during 1980-1989
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...that his remoteness from the musicians was a factor in the labor dispute that shut down the company for eleven weeks in 1980. The charge obviously wounds him, and he takes pains to deny it. "The house is so big," he says, "that it doesn't lend itself to a family feeling. But I think we perhaps misjudged the extent of feelings. For months I didn't sleep at night. I would wake up and think, 'What did I do wrong today?' " Now, he says, "I would try to settle a dispute before it gets...
...largest levels in memory. In West Germany, the national banking supervisory agency is understood to have informally recommended that banks "write down," or unofficially write off, 40% of their sovereign risk loans. Matters are less critical in Japan, where the Ministry of Finance makes certain that banks do not lend more than 30% of their capital overseas. But even Japanese banks, which had a total of $81 billion in international loans outstanding in 1981, suffer formidable exposure...
...Banks lend to Brazil, as to any borrower, out of confidence that they will be repaid. When that faith erodes, for whatever reason, some banks call loans as they come due or balk at granting new ones. Since Brazil, like other borrowers, is accustomed to "rolling over" its debt - lately it has been borrowing perhaps $1 billion a month for every $400 million it repays - any pulling back by lenders threatens to throw the nation into default. Last week that almost happened...
...practical uses. Since technology is now science based, we scientists cannot disclaim responsibility for technological innovations and for their influence on modes and qualities of life Together with those especially knowledgeable in problems of society we must now try to separate the good from the bad potentialities and then lend our weight to the good side...
Betancur certainly sounded nonaligned. Even his public remarks at lunch with Reagan, after their 45-minute private talk, were harsh. He said that Colombian products are denied full access to the U.S. market by tariffs, that the U.S. should prod the IMF to lend more money more easily to countries like his, and that industrialized powers generally renege on their vague, rosy promises to help developing countries. Alluding to the unaccommodating U.S. attitude toward Marxist Nicaragua, Betancur said that hemispheric interests are ill served "either by pressure or isolation." Reagan did not reply in kind. His speech, muted and conciliatory...