Word: repay
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...delegates avoided even hinting that they might repudiate their debts, realizing that any refusal to repay past borrowings would mean the certain cutoff of future loans. In Washington, William Cline, senior fellow at the Institute for International Economics, said, "No major debtor wants to jeopardize its long-run credit reputation further by joining anything that has the appearance of a cartel for debt moratorium or repudiation purposes...
...south-of-the-border borrowers cannot repay their loans because, like impoverished citizens, they are not earning enough. The region's exports dropped 10% last year, to $95 billion, as world recession and falling commodity prices eroded income from sales abroad. During the 1970s, by contrast, the value of Latin American exports had grown an average of 19% a year. So sharply have exports fallen that the region now owes foreign lenders more than three times the amount it earns annually from exports...
...Bankers from both countries now meet almost daily at the London branch of Iran's Bank Melli to allocate the fund, and participants say the talks have become increasingly free of polemics. The biggest settlement to a commercial bank came in July, when Iran agreed to repay $136 million to New York City's Manufacturers Hanover Trust...
...billion, one of the highest per capita in the world, and the trade deficit may exceed $5 billion this year. The U.S. General Accounting Office warned recently that a substantial portion of Washington's $2.5 billion in military and economic aid was being used to help Israel repay past debts. Without increased levels of assistance, Israel could soon owe the U.S. as much in annual repayments as it receives in loans...
...appalled at the inflated prices that spare-parts manufacturers are charging the U.S. Government. Companies such as Bendix, Rolls-Royce and Boeing should be forced to repay the huge profits they have accumulated from this practice...