Word: renewable
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Dates: during 1980-1989
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President Miguel de la Madrid Hurtado is scheduled to address the U.N. General Assembly this week. If he is able to keep the appointment, he will probably renew an appeal he made three weeks ago during his annual state-of- thenation speech, when he asked for a new round of negotiations to ease repayment conditions. He can only hope that lenders will listen--and respond favorably...
...bill into a vehicle for amendments that would restrict imports of shoes and all manner of other products. But should they fail in that effort or be frustrated by a Reagan veto that sticks, the anti-import forces will not lack for other bills that would enable them to renew the fight...
...tell them it'll get better. Instead we got calls from Brandon saying, 'Don't worry. We'll give it time.' " Soon after Family Ties made its debut, Tartikoff found himself slinking into Tinker's office: "I'd say, 'Family Ties just got a 16 share, and the renewal notice is up this week and we won't get to see another rating before we have to renew or cancel.' And he'd say, 'Brandon! Is the show still good? Do you think the ratings are going to improve? Then pick it up.' " Tinker insists there was no altruism...
Drained by a growing number of huge personal-injury awards, insurers are struggling to increase profitability by boosting rates and even refusing to renew risky policies. Many of their rejected customers are having a hard time finding insurance at any price. Says Robert Rearden, president of Duncan Peek, an Atlanta insurance-brokerage firm: "At times it's extremely frustrating. ) The other day a salesman here said to me, 'I need an extra day off. It's tiring delivering all this bad news.' " Many businesses and local governments have been forced to go uninsured, thereby risking bankruptcy or at the very...
Exactly how much effect the political unrest has had on the stability of the country is hard to judge, but the economic impact has been considerable. Given the state of unrest, many foreign bankers seem determined not to renew loans as they mature. This is particularly serious because so much of the debt is short-term; according to various estimates, about two-thirds of South Africa's total foreign debt of some $17 billion will mature within a year. In the past, the banks simply rolled these borrowings over, in the fashion of a charge account. The government's immediate...