Word: refloating
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Some Nicaraguans expect the new government to banish poverty by decree. They will be disillusioned by the time and exertion required to refloat an economy that has run aground. And Chamorro will not perform without error. She considers her mission divine but suffers from high-handedness and an aversion to criticism, no matter how well intentioned. Irritated by endless comparisons with Philippine President Corazon Aquino, another widow of a national hero, she has developed a response both disarming and revealing: "I would rather be thought of as a Latin Margaret Thatcher...
...yards away, in a nearby community sports hall, sorrowful relatives and friends filed past 55 bodies in an attempt to identify loved ones pulled from the ship. Most of the victims seemed to be British. At week's end 79 passengers were still missing. The salvage operations will eventually refloat the once luxurious ferry that now rests less than a mile from its berth...
...might ask, did the Navy decide to refloat the Titantic, lost to an iceberg in 1912 on its maiden voyage? The lesson of this movie is that the fewer questions of this sort you ask, the better off you are. If Twentieth-Century Fox had hired Jacques Cousteau to make this film, it probably would have been fascinating. But why film something fascinating when you have a $20 million budget? And anyways, every other movie has spies and sex and actors, right? So, to answer the question of motive, the writers concocted a plot that wastes most...
...share of the loan, but the non-U.S. banks (two Swiss, one British and one Canadian) had no such recourse. Their only options were either to activate a so-called cross default clause and foreclose on the Iranian government in court for the remaining $200 million, or to refloat their share of the loan independently of the U.S. banks. Said one angry European banker: "This is a dangerous escalation of the financial war that American banks are waging against Iran...
...aftermath of the 1961 Sharpville massacre in which South African police killed 67 unarmed African demonstrators, foreign capital took flight, bringing the white minority regime perilously close to collapse. Ever true to his friends, Charles Engelhard engineered the American bank loans that helped refloat the South African economy and its instruments of repression...