Word: loaning
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Last week brought another indirect sign of U.S. sympathies in the election. The International Monetary Fund gave initial approval to a $10.2 billion loan to Russia, benefiting Yeltsin at a time when his government is strapped. The decision had the strong backing of the U.S., which wields powerful influence at the imf. In April Clinton will give Yeltsin another boost by holding a meeting with him when members of the G-7 economic conference pay a visit to Moscow. That event, and the other moves with respect to the Russian election that the Administration will make between now and June...
...only to give seniors a chance for acceptance at first-rate liberal arts institutions, but to enable them to do well enough in their first year and after to have a fair shot at merit-based financial aid (the higher the grade average, the more scholarship and the less loan and part-time-job requirement). Since early 1960s undergraduates had begun to think of spending a term or so abroad, public schools focused on more than learning to read a foreign language. They emphasized ALM, audio-lingual method...
...drugs that the U.S. has labeled as not cooperating with the federal drug enforcers. U.S. officials said the decision will affect $50 million in U.S. government investment guarantees in Colombia and another $550 million in prospective guarantees. It also means the U.S. will vote against $1.3 billion in Colombian loan requests to the World Bank. About $30 million in anti-narcotics and humanitarian aid will not be affected. Some members of the administration had argued against the sanctions and said they would weaken an already shaky Colombian economy. But charges that Colombian President Ernesto Samper's government has been influenced...
MOSCOW, RUSSIA: The head of the International Monetary Fund, Michel Camdessus, approved a $10 billion three-year loan to Russia on Thursday. The loan, which must still be approved by the IMF board, is intended to support Russian economic reforms. It includes measures to help Russia control the budget deficit, lower inflation, and stabilize the exchange rate. Russian government planners have been counting on the loan for some time, and have already factored billions from the IMF into future budget predictions. The loan comes at a convenient time. Russia's economy is heavily burdened by the cost of the Chechnya...
When First Interstate Bank, which last month merged with Wells Fargo to create the second largest bank in California, also turned him down, Payne wrote a letter to the Federal Reserve Bank threatening to file a complaint of redlining (loan discrimination against minority neighborhoods). First Interstate then offered $585,000, on the condition that Payne put up his lot and $100,000 of his mother's property as collateral. Even so, Payne is still about $350,000 shy of what he needs to begin construction--and losing ground. Vacant, the land is declining in value. "It puts the applicant...