Word: repay
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...dragon they hear stirring: deflation. The term describes an economic slough of despond in which capacity exceeds demand, inflation drops below 0%, companies sit on their cash rather than investing it, prices fall and wages retreat. Workers paid low wages in inflationary times find their debt harder to repay if they get a further cut-a terrible prospect in this period of record credit-card bills. Deflation has devastated Japan since its 1980s bubble burst. "But you don't need to be Japanese to worry about it," says Stephen Roach, Morgan Stanley's chief economist. Now that the American...
...order. The Nez Perce, who had considered killing Lewis and Clark when they first spotted them limping out of the mountains in what is now Idaho, welcomed them like lost brothers on their return trip, offering idealistic pledges of permanent friendship with the U.S., whose citizens would later repay the gesture by forcing the tribe from its hunting and grazing grounds and corralling its weakened remnants on reservations. The Blackfeet had a touchier response, perhaps because their unrivaled dominance on the northern plains was threatened by the Americans' plans to begin trading with the neighboring tribes. One morning, while camping...
...payments not covered by dividend from the stock, a sum that had climbed to some $69 million by late 2001. Freeport withdrew its guarantee and paid off the $253.4 million remaining on the loan. In return the company got back the troublesome 4.7% stake. Freeport says the decision to repay the loan came after Hasan's company said it could no longer keep up its interest payments and had "nothing to do with any Indonesian official...
...Miami's rabidly anti-Castro Radio Mambi. Perez, 74, still mobilizes more of Florida's half a million Cuban votes than any other exile leader. Those votes went to Bush I and later to Bush II, whose controversial, narrow victory owed no small debt to Don Armando. The Bushes repay him with their staunch support of the embargo, even though polls show that almost 40% of Cuban Americans now favor lifting...
...Miami's rabidly anti-Castro Radio Mambi. Perez, 74, still mobilizes more of Florida's half a million Cuban votes than any other exile leader. Those votes went to Bush I and later to Bush II, whose controversial, narrow victory owed no small debt to Don Armando. The Bushes repay him with their staunch support of the embargo, even though polls show that almost 40% of Cuban Americans now favor lifting...