Word: repaying
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...chaos they were creating, the acting Finance and Foreign Minister threatened to renege on his government's debts to foreign banks and other creditors the world over. Renouncing previous pledges of payment, Abol Hassan Banisadr declared: "We will not pay back these debts. How can we repay loans that former plunderers received from their foreign accomplices and put back into the accomplices' banks?" He put the debts at "$15 billion, possibly more...
...recall try in August of last year by only 236 votes; in February he convinced two-thirds of Cleveland voters to raise their own income taxes and defeat a referendum to sell Muny Light; he finally won the approval of a hostile city council of his own plan to repay the banks. But in the primary October 2, Kucinich ran 11,228 votes behind Voinovich. Kucinich has heavy union support, but Voinovich is outspending him more than two to one. The deciding factor in the run-off may turn out to be the death of Voinovich's nine-year...
Since Chrysler, by its own reckoning, is now spending at a rate of about $100 million a month, guarantees for even $750 million in new debts (on which interest would have to be paid) will not go very far. Next year the company will have to repay or renegotiate $303 million in European loans and $284 million in U.S. borrowings. The prospects are good that the company, after a hard fight, will win congressional approval for aid in 1979. But the chances are also strong that hungry Chrysler, like Oliver Twist, will return for more some time next year...
...culture they find so bizarre. The Rastas are a national disgrace in the eyes of middle-class Jamaicans. They believe the Rastas are threatening their dream of a unified Jamaica. The Rastas, on the other hand, refuse to participate in politics. They believe that the Jamaican elites must repay them for 400 years of slavery, and send them back to Ethiopia. Harvard's Orlando Patterson, professor of sociology, believes the Rastas can't make it in mainstream Jamaican society, so they isolate and console themselves with a religious illusion which makes them the victims of a corrupt system...
...Mass) proposal for expanding the National Direct Student Loan program. Kennedy suggests that loans go from the banks to the parents instead of to the students. Kennedy also proposes that both the bank-to-student loan and the university-to-student loan be consolidated so that debtors can repay them in one series. These measures are designed to decrease the rising number of defaults on student loans...