Word: repaying
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Dates: during 1980-1989
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...employer tells Erdosain that he must repay the money he has stolen or face jail, and his wife informs him that she is running off with another man. He luxuriates in grief raised to a higher power: "If he had had the strength, he would have thrown himself down a well...
...high interest rates plus towering budget and trade deficits make the American expansion appear unsustainable. So instead of relaxing and enjoying the pickup, Europeans are now fearful about a new U.S. downturn and its impact on both themselves and the Third World debtor nations, whose inability or unwillingness to repay loans could bring on an international financial crisis...
...vigorous dollar has drawbacks as well. It adds to the burden Third World borrowers face by raising the cost of the dollars they need to repay their debts. It also has been punishing U.S. farmers and companies whose products have a hard time competing with low-priced foreign goods. "Exporters are just taking it in the neck," says Jerry Jasinowski, Chief Economist for the National Association of Manufacturers. Indeed, U.S. trade deficits that could reach $130 billion this year have cost some 1.2 million U.S. jobs since...
...Braniff returned to the air last March after entering bankruptcy proceedings in 1982. Last September Continental Airlines first filed for bankruptcy, then voided its union contracts and immediately resumed service, all within three days. Continental is continuing to operate under court jurisdiction while it works out a plan to repay its debts...
...Latin American debt developments. In another key action, the U.S. agreed to extend a $300 million loan commitment to Argentina until mid-June. The credit will go into effect once Argentina reaches agreement on an economic austerity program with the IMF. Argentina will use the U.S. cash to repay loans from four other Latin countries that enabled it to meet March 30 interest payments to its banks...